CTO Realty Growth (CTO) Q3 2026 Earnings
How Did CTO Stock React to Q3 2026 Earnings?
Did CTO Beat Earnings? Q3 2026 Results
Yes. CTO Realty Growth reported Q3 2026 earnings of $0.53 a share on Oct 27, 2026, beating the $0.10 consensus estimate by 430.0%. Revenue was $46.9M against a $45.2M estimate.
CTO Realty Growth, Inc. delivered a standout third quarter for fiscal 2026, posting adjusted EPS of $0.53 against a consensus estimate of $0.10, a beat of 430.00%, while revenue of $46.91 million topped expectations of $45.21 million by 3.77% and climbed 24.3% year over year. The primary engine behind the outperformance was an aggressive $102.30 million deployment of capital during the quarter at a 9.1% weighted average yield, anchored by the $63.30 million acquisition of Zona Rosa, a 768,000-square-foot mixed-use center in Kansas City acquired at just $82 per square foot, alongside a $37.00 million loan origination on an Austin mixed-use property yielding 9.75%. Interest income from commercial loans and investments nearly doubled to $6.94 million from $3.14 million a year ago, reflecting the company's expanding structured investment portfolio. Looking ahead, management raised full-year 2026 Core FFO guidance to $2.11 to $2.14 per diluted share and narrowed AFFO guidance to $2.22 to $2.25, representing approximately 13.6% Core FFO growth at the midpoint versus 2025.
- Core FFO per diluted share up 10% year-over-year to $0.53
- Shopping center same-property NOI increased 3.8% in Q3 and 6.2% year-to-date
- 396,000 square feet of comparable retail leases at 7% positive cash rent spread
- Same-property shopping center leased occupancy increased 90 basis points to 95.8%
- Interest income from commercial loans and investments more than doubled year-over-year to $6.9 million
- $472 million year-to-date investment activity at 9.4% weighted average yield
“We are pleased to deliver another excellent quarter, with Core FFO per diluted share up 10% year-over-year.”
CTO Realty Growth CEO, on the earnings call
What Is CTO Realty Growth's Outlook?
CTO raised its full-year 2026 Core FFO guidance to $2.11–$2.14 per diluted share (from $2.09–$2.13 previously), representing approximately 13.6% growth at the midpoint versus 2025. AFFO guidance was narrowed to $2.22–$2.25 per diluted share (from $2.21–$2.25). Investment volume guidance was raised to $472 million (from $300–$400 million). Same-property NOI growth for shopping centers is expected at 5.0%–6.0%. G&A expenses are expected at $21.0–$21.5 million (from $20.0–$20.2 million). Net income attributable to the company per diluted share is expected at $0.66–$0.69 for the full year.
CTO YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $46.9M | $37.8M | +24.3% |
| Gross Profit | $35.3M | $28.5M | +24.1% |
| Operating Income | $11.6M | $8.8M | +31.9% |
CTO Revenue by Segment
CTO Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.