Consolidated Tomoka Completes Sale of Approximately 20 Acres for $2.43 Million
CTO Realty Growth, Inc. (CTO)
NASDAQ:AMEX Investor Relations:
ir.ctlc.com
Company Research
Source: GlobeNewswire
DAYTONA BEACH, Fla., Dec. 20, 2018 (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced the closing of the sale of 19.78 acres in an opportunity zone, for approximately $2.43 million, or approximately $123,000 per acre (the “2018 VanTrust Land Sale”). The land parcel is located on the east side of Interstate 95 and is adjacent to the 630,000 square foot Trader Joe’s distribution center. The 2018 VanTrust Land Sale also included the Company’s conveyance of two adjacent parcels totaling approximately 7.0 acres, including land located within a power-line easement as well as a retention pond. The buyer, VanTrust Real Estate LLC, intends to start development of the parcel for an industrial warehouse/distribution use in the first half of 2019. The estimated gain on the Land Sale is approximately $1.7 million, or approximately $0.24 per share, after tax. The Company intends to utilize the proceeds from the 2018 VanTrust Land Sale to fund a
Show less
Read more
Impact Snapshot
Event Time:
CTO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CTO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CTO alerts
High impacting CTO Realty Growth, Inc. news events
Weekly update
A roundup of the hottest topics
CTO
News
- Those who invested in CTO Realty Growth (NYSE:CTO) five years ago are up 48% [Yahoo! Finance]Yahoo! Finance
- Heritage Real Estate Co. completes acquisition of Santa Fe office complex [Yahoo! Finance]Yahoo! Finance
- CTO Realty Growth, Inc. (NYSE: CTO) is now covered by analysts at Alliance Global Partners. They set a "buy" rating and a $20.00 price target on the stock.MarketBeat
- CTO Realty Growth Announces Pricing of Public Offering of 6.375% Series A Cumulative Redeemable Preferred StockGlobeNewswire
- CTO Realty Growth Announces Commencement of Public Offering of 6.375% Series A Cumulative Redeemable Preferred Stock [Yahoo! Finance]Yahoo! Finance
CTO
Earnings
- 2/22/24 - Beat
CTO
Sec Filings
- 4/10/24 - Form 8-K
- 4/5/24 - Form 424B5
- 4/4/24 - Form FWP
- CTO's page on the SEC website