secwatch.observer — SEC 8-K summary
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Issuer:     CTO Realty Growth, Inc. (CTO)
CIK:        0000023795
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001558370-22-011306
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTO Realty Growth Q2 Core FFO $1.41 (+60% YoY); raises 2022 guidance; acquires Madison Yards for $80M
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- Core FFO per diluted share $1.41, up 60.2% YoY; AFFO per share $1.48, up 38.3% YoY.
- Same-Property NOI increased 23.8% in Q2; YTD same-property NOI up 20.3%.
- Completed $80.2M acquisition of Madison Yards (Atlanta) on July 8; cap rate below prior guidance.
- Raised full-year 2022 Core FFO guidance to $1.58-$1.64 and AFFO to $1.70-$1.76 per share.
- Paid Q2 common dividend of $1.12 per share (pre-split), up 12% YoY; annualized yield 6.9%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23795/000155837022011306/0001558370-22-011306-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23795/000155837022011306/cto-20220728x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-011306

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