Earnings Releases·Oct 27, 2026, 4:26 PM ET

CTO Realty Growth — Third Quarter 2026 Earnings Summary

Net loss of $0.19 per diluted share for Q3 2026 reversed from $0.03 net income in Q3 2025, while Core FFO rose 10% YoY to $0.53 per share and total revenues increased 24% to $46.9 million.
Raised full-year 2026 guidance for Core FFO to $2.11–$2.14, AFFO to $2.22–$2.25, and investment volume to $472 million, citing strong leasing momentum and a 9.4% weighted average yield on year-to-date investments.
Executed major capital activities including the $63.3 million acquisition of Zona Rosa, $27.3 million in ATM proceeds, and $90.7 million in dispositions, while eliminating all secured debt and extending the nearest maturity to September 2029.
Same-property NOI for shopping centers grew 3.8% in Q3 and 6.2% year-to-date, though overall portfolio occupancy dipped to 92.4% due to the lower-leased acquisition of Zona Rosa.