Quarterly ResultJul 28, 2026, 04:18 PM
CTO Realty Growth Q2 Core FFO $0.53; Raises 2026 Guidance
AI Summary
CTO Realty Growth reported strong Q2 2026 operating and financial results, with Core FFO per diluted share increasing to $0.53 and AFFO per diluted share rising to $0.55. The company deployed $153 million in investments at a 10.2% yield and completed $90.7 million in dispositions. Following these results, CTO raised its 2026 Core FFO per diluted share guidance to $2.09-$2.13 and increased its investment guidance to $300-$400 million.
Key Highlights
- Q2 2026 Core FFO per diluted share was $0.53, up from $0.45 in Q2 2025.
- Q2 2026 AFFO per diluted share was $0.55, up from $0.47 in Q2 2025.
- Raised 2026 Core FFO per diluted share guidance to $2.09-$2.13.
- Increased 2026 investment guidance to $300-$400 million, from $175-$250 million.
- Completed $153 million in investments at a 10.2% weighted average initial yield.
- Executed 184,000 square feet of comparable retail leases with a 6% cash rent spread.
- Shopping center same property NOI increased by 10.1% in Q2 2026.
- Total property portfolio leased occupancy stood at 95.4% as of June 30, 2026.
Price Impact
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