CTO Realty Growth, Short Interest Soars 6.9% in February 2023.
March 22, 2023
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This indicates that a larger number of investors are expecting a decline in the company’s stock price – selling their shares to take advantage of the potential drop. This could be due to a variety of factors, such as a lack of confidence in the company’s performance or an overall bearish sentiment on the market. CTO ($NYSE:CTO) Realty Growth, Inc. is an international real estate investment firm that has been expanding its portfolio across the globe.
The company has made several investments in residential and commercial properties in the past year, but the rise in short interest could indicate that investors are not confident in the company’s ability to generate returns in the current market climate. It is important to note, however, that short interest is not always indicative of future performance, and all investors should do their own research before making any investment decisions.
Price History
At the time of writing, media sentiment was mostly positive for CTO Realty Growth, Inc. On Friday, the company’s stock opened at $16.4 and closed at $16.0, a decrease of 2.9% from the previous closing price of 16.5. The market will be watching to see how CTO Realty Growth responds to the bearish trend in the coming weeks and whether they can recover their losses in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CTO. More…
| Total Revenues | Net Income | Net Margin |
| 82.32 | -1.62 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CTO. More…
| Operations | Investing | Financing |
| 56.1 | -267.63 | 201.38 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CTO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 986.54 | 481.77 | 22.08 |
Key Ratios Snapshot
Some of the financial key ratios for CTO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 21.5% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we recently conducted an analysis of CTO REALTY GROWTH’s fundamentals. According to our Star Chart, CTO REALTY GROWTH is classified as a ‘cow’, which we conclude indicates that this company has a track record of consistently and sustainably paying out dividends. We believe this makes CTO REALTY GROWTH an attractive option for income-oriented investors. Overall, CTO REALTY GROWTH has a strong asset position, dividend yield and medium growth rate, and a weak profitability score. In terms of health ratings, CTO REALTY GROWTH has an intermediate score of 6/10 with regard to its cashflows and debt, indicating that this company is likely to have the ability to pay off its debt and fund future operations. More…
Peers
The company’s competitors include Postal Realty Trust Inc, Axis Real Estate Investment Trust, Keppel Pacific Oak US REIT.
– Postal Realty Trust Inc ($NYSE:PSTL)
Postal Realty Trust Inc is a publicly traded real estate investment trust that owns and manages properties leased to the United States Postal Service. As of December 31, 2020, the company owned and managed 1,435 properties leased to the USPS.
– Axis Real Estate Investment Trust ($KLSE:5106)
As of 2022, Axis Real Estate Investment Trust has a market cap of 3.07B. The company is a real estate investment trust that focuses on owning and operating income-producing real estate properties in the United States. The company’s portfolio includes office, retail, industrial, and hotel properties.
– Keppel Pacific Oak US REIT ($SGX:CMOU)
Keppel Pacific Oak US REIT is a publicly traded real estate investment trust that owns and operates a portfolio of industrial properties in the United States. The company’s market cap is 569.23M as of 2022. Keppel Pacific Oak US REIT’s portfolio consists of properties in major industrial markets across the United States, including Los Angeles, Chicago, Dallas, Atlanta, and Miami.
Summary
CTO Realty Growth, Inc., a real estate investment trust, has seen its short interest spike to 6.9% in February 2023. This marks a notable increase from the previous month and is indicative of increased investor interest. At present, the media sentiment surrounding CTO Realty Growth appears to be largely positive. Analysts suggest that this surge in short interest may be due to the company’s growth potential, as well as its portfolio of high-value real estate assets. Going forward, investors should look out for any potential changes in CTO Realty Growth’s fundamentals that could affect its share price.
Additionally, trends in short interest should be monitored closely as they could serve as an indication of investor sentiment. Overall, CTO Realty Growth appears to be a promising investment opportunity with potential upside.
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