earnings
confidence high
sentiment positive
materiality 0.75
CTO Realty Growth Q1 Core FFO $0.52; raises 2026 FFO guidance to $2.06-$2.11
CTO Realty Growth, Inc.
2026-Q1 EPS reported
$0.13
revenue$41,173,000
- Q1 Core FFO $0.52 per diluted share, AFFO $0.56, net income $0.13 per share.
- Same-property NOI up 6.8% (4.2% ex-recovery); 146k sq ft leased at 14% rent spread.
- Acquired Palms Crossing for $81.6M; invested $75M in preferred equity at 12% yield.
- 2026 investment guidance raised to $175M-$250M; Core FFO guidance increased to $2.06-$2.11.