CTO Realty Growth Inc (NYSE: CTO) on Tuesday, soared 0.75% from the previous trading day, before settling in for the closing price of $18.68. Within the past 52 weeks, CTO’s price has moved between $15.64 and $21.15.
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A company in the Real Estate sector has jumped its sales by 20.55% annually for the last half of the decade. The company achieved an average annual earnings per share of -44.44%. With a float of $20.36 million, this company’s outstanding shares have now reached $22.64 million.
In an organization with 33 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 43.31%, operating margin of 21.63%, and the pretax margin is 14.57%.
CTO Realty Growth Inc (CTO) Insider and Institutional Ownership
Observing investor behavior towards REIT – Diversified industry stocks is more important than anything else. The insider ownership of CTO Realty Growth Inc is 11.92%, while institutional ownership is 61.40%. The most recent insider transaction that took place on Sep 09 ’24, was worth 58,361. In this transaction Director of this company sold 3,000 shares at a rate of $19.45, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 29 ’24, when Company’s Director sold 3,000 for $19.19, making the entire transaction worth $57,572. This insider now owns 0 shares in total.
CTO Realty Growth Inc (CTO) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.07 earnings per share (EPS) for the period topping the consensus outlook (set at -0.15) by 0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -44.44% per share during the next fiscal year.
CTO Realty Growth Inc (NYSE: CTO) Trading Performance Indicators
CTO Realty Growth Inc (CTO) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.44, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.18 in one year’s time.
Technical Analysis of CTO Realty Growth Inc (CTO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.25 million. That was better than the volume of 0.23 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.17%. Additionally, its Average True Range was 0.38.
During the past 100 days, CTO Realty Growth Inc’s (CTO) raw stochastic average was set at 43.45%, which indicates a significant increase from 25.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.91% in the past 14 days, which was lower than the 28.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.26, while its 200-day Moving Average is $17.76. However, in the short run, CTO Realty Growth Inc’s stock first resistance to watch stands at $18.90. Second resistance stands at $18.99. The third major resistance level sits at $19.11. If the price goes on to break the first support level at $18.70, it is likely to go to the next support level at $18.58. The third support level lies at $18.50 if the price breaches the second support level.
CTO Realty Growth Inc (NYSE: CTO) Key Stats
Market capitalization of the company is 435.12 million based on 22,946K outstanding shares. Right now, sales total 109,120 K and income totals 5,530 K. The company made 28,850 K in profit during its latest quarter, and 1,180 K in sales during its previous quarter.
