secwatch.observer — SEC 8-K summary
======================================

Issuer:     CTO Realty Growth, Inc. (CTO)
CIK:        0000023795
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001558370-24-001533
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23795/000155837024001533/0001558370-24-001533-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23795/000155837024001533/cto-20240222x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-001533

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer