(CTO) CTO Realty Growth - Ratings and Ratios

CTO Realty Growth, Inc. is a real estate investment trust (REIT) that specializes in owning and operating high-quality retail properties in the United States, focusing on markets with strong growth potential. The companys portfolio is strategically positioned to capitalize on the evolving retail landscape.

Beyond its direct property holdings, CTO Realty Growth also plays a significant role in the real estate sector through its external management of and substantial interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded REIT that focuses on net lease properties. This diversified approach allows CTO to leverage its expertise across different segments of the real estate market, potentially enhancing its growth prospects and income streams.

From a technical analysis perspective, the stocks recent price action indicates a slight downturn, with the last price of $17.77 being below both its 20-day and 50-day Simple Moving Averages (SMA20 and SMA50) of $17.96 and $18.39, respectively. The Average True Range (ATR) of 0.48, or 2.71%, suggests moderate volatility. Considering the stock is currently trading below its 200-day SMA of $18.72 and near the lower end of its 52-week range ($15.90 - $20.27), it may be approaching a critical support level.

Fundamentally, CTO Realty Growth has a market capitalization of $597.44 million. The absence of a reported P/E ratio, coupled with a forward P/E of 121.95, may indicate either a recent significant change in earnings or a complex earnings profile, necessitating a closer look at the companys financial health and future earnings projections. The negative Return on Equity (RoE) of -0.97 suggests that the company is currently not generating profits for its shareholders, which could be a point of concern for investors.

Forecasting the future performance of CTO Realty Growth involves analyzing both its technical and fundamental data. Given the current technical indicators, if the stock can maintain its current price level or show signs of recovery, it might attract buyers looking for a potential rebound, especially if it breaks through the SMA20 resistance. On the fundamental side, the high forward P/E ratio suggests that investors are expecting significant earnings growth in the future. If the company can turn around its current negative RoE and achieve profitability, the stock could see an upward revaluation. Therefore, a potential forecast could involve a gradual recovery in the stock price, driven by both technical breakout and fundamental improvements, potentially targeting the upper end of its 52-week range or beyond, contingent on sustained positive earnings growth and overall market conditions.