Consolidated-Tomoka Land Co. | REIT Profile

Symbol: CTO
CIK: 23795
Exchange: NYSE
Founded: 1902 (119 years)
HQ: Daytona Beach, FL, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Retail, Diversified, Office, Hotel, Specialty

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See CTO on SEC.gov

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Overall Score: 8.9

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


Consolidated-Tomoka Land Co. Company Logo

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Hightlights of Trading Day October 15, 2021


Open Price: $54.58
Closing Price: $53.51
Price Change: -0.6 (-1.109%)
Lowest Price: $53.51
Highest Price: $54.66

52-Week Low: $39.60
52-Week High: $57.08
52-Week Change: 22.13%

5 Day Price Change: 0.02%
1 Month Price Change: -0.70%
3 Month Price Change: 0.45%
6 Month Price Change: 5.36%
YTD Price Change: 22.13%
1 Year Price Change: 22.13%
2 Year Price Change: 22.13%
5 Year Price Change: 22.13%

Dividend of Trading Day October 15, 2021


Dividend Yield: 7.475%*
Annualized Dividend: $4*
Dividend Yield (TTM): N/A
Annualized Dividend (TTM): $1
Ex-Dividend Date: 2020-11-13
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Key Stats of Trading Day October 15, 2021


Total Cash: $4,701,000
Current Debt: $35,550,000
Revenue: $59,527,825
Gross Profit: $44,260,383
Total Revenue: $59,527,825
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $32,158,794
Revenue Per Share: $10
Revenue Per Employee: N/A
Employee: 17
Debt to Equity Ratio (D/E): 2.00
Profit Margin: 1.38%
Enterprise Value (EV): $621,242,506
Enterprise Value to Revenue (EV/R): 10.44
Price to Sales (P/S): 5.39
Price to Book (P/B): 0.93
Peg Ratio: -0.16
P/E Ratio: 3.45
P/E High: 106.23
P/E Low: 74.72
Forward P/E Ratio: 23.54
Market Capitalization: $318,734,455
Beta: N/A
Latest Volume: 25,108.00
Avg. Total Volume: 26,923
Avg. 10 Volume: 17,884.00
Avg. 30 Volume: 26,923.00
TTM EPS: 15.49
TTM Dividend Rate: 1.00
Shares Outstanding: 5,956,540
Float: N/A
50-Day Moving Avg.: 54.27
200-Day Moving Avg.: 52.70

Latest REIT Community Comments on #CTO


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Properties Owned by CTO


Properties Based on REIT's Official Presentation

Properties Types States Countries
52 5 14 1

Please visit REIT’s official webpage for the most up-to-date property list.

CTO Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $63.59 per share you would have been able to buy 15 shares of CTO on 2020-10-15 costing $953.85 @ $63.59 per share you would have been able to buy 7 shares of CTO on 2020-10-15 costing $445.13 @ $63.59 per share you would have been able to buy 3 shares of CTO on 2020-10-15 costing $190.77 @ $63.59 per share you would have been able to buy 1 shares of CTO on 2020-10-15 costing $63.59 @ $63.59 per share you would have been able to buy 0 shares of CTO on 2020-10-15 costing $0.00
Current worth On 2021-10-15 these 15 shares would be worth $802.65 @ $53.51 On 2021-10-15 these 7 shares would be worth $374.57 @ $53.51 On 2021-10-15 these 3 shares would be worth $160.53 @ $53.51 On 2021-10-15 these 1 shares would be worth $53.51 @ $53.51 On 2021-10-15 these 0 shares would be worth $0.00 @ $53.51
Dividends earned $60.00 in dividends would have been earned since 2020-10-15 with 15 shares. $28 in dividends would have been earned since 2020-10-15 with 7 shares. $12.00 in dividends would have been earned since 2020-10-15 with 3 shares. $4.00 in dividends would have been earned since 2020-10-15 with 1 shares. $0.00 in dividends would have been earned since 2020-10-15 with 7 shares.
Net (gain / loss)* -91.20 USD -42.56 USD -18.24 USD -6.08 USD 0.00 USD
ROI** -9.56% -9.56% -9.56% -9.56% nan%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by CTO. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
CTO 2021-09-08 1.000 --- 2021-08-23 2021-09-09 2021-09-30
CTO 2021-06-18 1.000 --- 2021-04-28 2021-06-21 2021-06-30
CTO 2021-03-19 1.000 --- 2021-02-16 2021-03-22 2021-03-31
CTO 2020-11-18 0.000 -100.00% 2020-11-09 2020-11-19 2020-12-21
CTO 2020-11-13 1.000 150.00% 2020-10-28 2020-11-16 2020-11-30
CTO 2020-08-14 0.400 60.00% 2020-07-29 2020-08-17 2020-08-31
CTO 2020-05-08 0.250 --- 2020-04-29 2020-05-11 2020-05-29
CTO 2020-02-21 0.250 92.31% 2020-02-12 2020-02-24 2020-02-28
CTO 2019-11-11 0.130 18.18% 2019-10-16 2019-11-12 2019-11-29
CTO 2019-08-09 0.110 10.00% 2019-07-18 2019-08-12 2019-08-30
CTO 2019-05-09 0.100 --- 2019-04-24 2019-05-10 2019-05-30
CTO 2019-02-07 0.100 25.00% 2019-01-23 2019-02-08 2019-02-28
CTO 2018-11-08 0.080 14.29% 2018-10-17 2018-11-09 2018-11-30
CTO 2018-08-09 0.070 16.67% 2018-07-18 2018-08-10 2018-08-30
CTO 2018-05-09 0.060 --- 2018-04-26 2018-05-10 2018-05-30
CTO 2018-02-09 0.060 20.00% 2018-01-25 2018-02-10 2018-02-28
CTO 2017-11-09 0.050 --- 2017-10-18 2017-11-10 2017-11-30
CTO 2017-08-08 0.050 25.00% 2017-07-19 2017-08-10 2017-08-30
CTO 2017-05-08 0.040 --- 2017-04-26 2017-05-10 2017-05-30
CTO 2017-02-08 0.040 --- 2017-01-26 2017-02-10 2017-02-28

Financial Statements Overview


Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Current Cash 4,701,000 4,691,000 4,289,000 6,351,772
Receivables 3,018,000 3,554,000 3,692,000 4,472,178
Inventory 0 0 0 0
Current Assets 12,060,000 10,951,000 9,101,000 42,121,906
Current Assets (Other) 4,341,000 2,706,000 1,120,000 1,884,005
Short Term Investments 4,341,000 2,706,000 1,120,000 1,884,005
Long-term Investments 677,812,000 662,484,000 656,830,000 643,310,055
Property, Plant & Equipment Net 463,895,000 465,704,000 442,384,000 445,673,529
Goodwill 0 0 0 0
Intangible Assets 71,470,000 53,215,000 50,176,000 52,746,436
Other Assets 53,320,000 54,139,000 54,404,000 54,699,663
Net Tangible Assets 273,421,000 301,158,000 300,723,000 228,235,876
Total Assets 689,872,000 673,435,000 665,931,000 685,431,961
Accounts Payable 1,332,000 739,000 1,047,000 1,705,922
Liabilities (Other) 3,524,000 0 0 0
Current Liabilities (Other) 34,218,000 33,684,000 36,327,000 42,721,675
Total Current Liabilities 35,550,000 34,423,000 37,374,000 44,427,597
Current Long-term Debt 0 0 0 0
Long-term Debt 304,886,000 280,248,000 273,061,000 276,916,118
Total Liabilities 344,981,000 319,062,000 315,032,000 404,449,649
Minority Interest 0 0 0 0
Common Stock 5,898,280 5,879,085 4,800,156 39,551,760
Retained Earnings 331,895,000 341,645,000 339,917,000 320,690,858
Treasury Stock 0 0 -77,541,000 -77,540,735
Capital Surplus 0 0 0 0
Shareholder Equity 344,891,000 354,373,000 350,899,000 280,982,312

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Total Revenue 14,283,000 14,712,000 15,960,851 14,571,974
Cost of Revenue 3,320,000 2,999,000 3,673,984 5,274,458
Gross Profit 10,963,000 11,713,000 12,286,867 9,297,516
Research and Development 0 0 0 0
Selling General and Admin 2,665,000 3,132,000 2,963,607 3,340,982
Operating Expense 11,016,000 10,961,000 11,364,876 13,377,497
Operating Income 3,267,000 3,751,000 4,595,975 1,194,477
Income Expense Net (Other) 0 0 0 0
EBIT 3,267,000 3,751,000 4,595,975 1,194,477
Interest Income 2,421,000 2,444,000 622,208 2,477,232
Pretax Income -7,687,000 7,347,000 -3,407,526 -2,022,515
Income Tax -3,963,000 -438,000 -83,089,365 -501,011
Minority Interest 0 0 0 0
Net Income -3,724,000 7,785,000 79,681,839 -1,521,504
Net Income Basic -3,724,000 7,785,000 79,681,839 -1,521,504

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Net Income -3,724,000 7,785,000 79,681,839 -1,521,504
Depreciation 5,369,000 5,226,000 19,063,000 15,687,642
Changes in Receivables 3,018,000 3,554,000 3,692,000 944,992
Changes in Inventories 0 0 0 0
Cash Change 4,701,000 4,691,000 4,289,000 -4,349,759
Cash Flow 11,952,000 6,338,000 0 11,899,899
Capital Expenditures -75,296,000 -39,124,000 -167,811,000 -165,886,849
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -46,048,000 -34,422,000 0 -125,647,751
Dividends Paid 0 0 0 0
Net Borrowings 295,844,000 272,851,000 267,652,000 268,680,341
Cash Flow Financing 47,415,000 -441,000 0 -12,379,118
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About Consolidated-Tomoka Land Co.


Consolidated-Tomoka Land Co. is a Florida-based publicly traded real estate company, which owns a portfolio of income investments in diversified markets in the United States including more than 1.9 million square feet of income properties, as well as approximately 8,100 acres of land in the Daytona Beach area.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
8 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.4
Rating AFFO & Efficiency Section Avg. Rating
10 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.7
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.2
Rating Leverage Section Avg. Rating
10 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.4
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.9
10 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.9
10 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
7 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 4.9
10 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.7
Rating Asset & Revenue Section Avg. Rating
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 5.3
6 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.0
Rating Properties Section Avg. Rating
8 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
Rating Market Cap Section Avg. Rating
4 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.6
8.9 Overall REITRating™ Score (See trend) 6.2

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

REITProperty


Below are some of the properties owned by this CTO. Please click on the property name to see more details. See complete list of properties.

Name Type Address City State
Wells Fargo Office N/A Raleigh NC
245 Riverside Office 245 Riverside Ave Jacksonville FL
Westcliff Shopping Center Retail 3604 Kell St Fort Worth TX

Last updated: 2021-10-15 - v1.9