---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-001533"
form_type: "8-K"
ticker: "CTO"
cik: "0000023795"
company_name: "CTO Realty Growth, Inc."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T21:13:16.475416+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CTO Realty Growth Q4 same-store NOI +4.7%, FY AFFO $1.91; 2024 guidance $1.70-$1.78

## Summary
- FY2023 net income $0.03 diluted EPS (vs $(0.09) prior year); Q4 $0.25 diluted EPS.
- FY2023 Core FFO $1.77, AFFO $1.91 per diluted share; Q4 Core FFO $0.48, AFFO $0.52.
- FY2023 same-store NOI -2.4%; Q4 +4.7%. Comparable rent spreads: FY +7.5%, Q4 +17.9%.
- FY2023: $80M invested in 4 retail properties (7.5% cap); $87.1M dispositions (7.5% exit cap).
- 2024 guidance: Core FFO $1.56-$1.64, AFFO $1.70-$1.78; same-store NOI growth 2-4%.

## SEC filing metadata
- accession: 0001558370-24-001533
- form_type: 8-K
- ticker: CTO
- cik: 0000023795
- company_name: CTO Realty Growth, Inc.
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23795/000155837024001533/0001558370-24-001533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23795/000155837024001533/cto-20240222x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-001533
- JSON: https://secwatch.observer/filing/0001558370-24-001533.json
- Plain text: https://secwatch.observer/filing/0001558370-24-001533.txt

## Key facts
- Earnings Releases
  CTO Realty Growth, Inc. reported the quarter and year ended December 31, 2023 results: EPS $0.03 for the year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - EPS: $0.03 for the year ended December 31, 2023
  - Result: reported results
  source text: Reported Net Income per diluted share attributable to common stockholders of $0.03 for the year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/23795/000155837024001533/0001558370-24-001533-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.