Last $58.87 USD
Change Today +0.03 / 0.05%
Volume 10.7K
CTO On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 8:04 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

cons tomoka land co-florida (CTO) Snapshot

Open
$59.17
Previous Close
$58.84
Day High
$59.99
Day Low
$58.86
52 Week High
02/11/15 - $64.37
52 Week Low
03/6/14 - $34.66
Market Cap
347.7M
Average Volume 10 Days
11.5K
EPS TTM
$1.18
Shares Outstanding
5.9M
EX-Date
11/5/14
P/E TM
49.8x
Dividend
$0.08
Dividend Yield
0.12%
Current Stock Chart for CONS TOMOKA LAND CO-FLORIDA (CTO)

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cons tomoka land co-florida (CTO) Details

Consolidated-Tomoka Land Co., through its subsidiaries, operates as a diversified real estate operating company in the United States. It owns and manages commercial real estate properties and self-developed properties. As of December 31, 2013, the company's land holdings included approximately 10,000 acres in Daytona Beach area of Volusia County, Florida; approximately 1 acre in Highlands County; 35 retail buildings located on approximately 109 acres throughout Arizona, California, Colorado, Florida, Georgia, Illinois, North Carolina, and Washington; 2 self-developed flex-office properties located on 12 acres in Daytona Beach, Florida; and full or fractional subsurface oil, gas, and mineral interests of approximately 490,000 surface acres in 20 counties in Florida. It is also involved in the golf course operation, which consists of the operation of two 18-hole championship golf courses with an additional 3-hole practice facility, a clubhouse facility, and food and beverage activities; and leases property for billboards, agricultural, and hunting operations. Its agricultural lands encompass approximately 9,700 acres for hay production, timber harvesting, and hunting leases on the west side of Daytona Beach, Florida. Consolidated-Tomoka Land Co. was founded in 1902 and is based in Daytona Beach, Florida.

cons tomoka land co-florida (CTO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $720.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $280.0K
Compensation as of Fiscal Year 2013.

cons tomoka land co-florida (CTO) Key Developments

Consolidated Tomoka Land Co. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year Ending December 31, 2015

Consolidated Tomoka Land Co. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company’s Total revenues for the quarter-ended December 31, 2014 decreased 17.7% to approximately $8.1 million compared to approximately $9.8 million during the same period in 2013. The lower total revenues of approximately $1.7 million during the fourth quarter of 2014, compared to the same period in 2013, reflects a decrease of 48.4% in revenue from real estate operations, primarily resulting from fewer land transactions in the fourth quarter of 2014 than were closed in the same period in 2013. Net income for the quarter-ended December 31, 2014, was approximately $0.7 million or $0.12 per share, compared to net income of approximately $1.9 million, or $0.32 per share, during the same period in 2013 due to the previously noted impact of the timing of land sales year-over-year and the termination of the pension plan, which was completed in November 2014. Operating income was $1,989,998 compared to $3,031,104 a year ago. Income from continuing operations before income tax was $1,124,192 compared to $2,520,580 a year ago. Income from continuing operations was $681,812 or $0.12 per basic and diluted share, compared to $1,365,021 or $0.24 per basic and diluted share, a year ago. For the full year, the company’s total revenue increased 37.5% to approximately $35.5 million, compared to approximately $25.8 million during the same period in 2013. This $9.7 million increase was primarily from an increase of approximately $2.1 million, or 16.7%, in revenue generated by income properties, an increase of approximately $7.0 million, or 117.9%, in revenue from real estate operations, approximately $0.5 million in income from commercial loan investments, and a slight increase in revenue from golf operations. Net income for the year ended December 31, 2014 was approximately $6.4 million, an improvement of 73.3% compared to net income of approximately $3.7 million for the same period in 2013. Operating income was $12,592,506 compared to $6,279,377 a year ago. Income from continuing operations before income tax was $10,214,681 compared to $4,453,218 a year ago. Income from continuing operations was $6,383,818 or $1.11 per basic and diluted share, compared $2,561,538 or $0.44 per basic and diluted share, a year ago. Book value increased by approximately $8.2 million or $1.30 per share, to $128.4 million or $21.83 per share; The company provided earnings guidance for the full year ending December 31, 2015. For the period, the company is expecting its earnings per share (on a fully diluted basis) in the range of $2.80 per share to $3.10 per share; and acquisition of income producing assets in the range of $70 million to $90 million.

Consolidated Tomoka Land Co. Presents at 2014 FBR Fall Investor Conference, Dec-02-2014

Consolidated Tomoka Land Co. Presents at 2014 FBR Fall Investor Conference, Dec-02-2014 . Venue: Grand Hyatt New York, 109 East 42nd Street at Grand Central Station, New York, NY 10017, United States.

Consolidated Tomoka Land Co. Announces Executive Changes

Consolidated-Tomoka Land Co. announced that Linda H. Crisp is retiring effective December 31, 2014 and resigned from her position as Corporate Secretary effective immediately. In addition, the company announced that Daniel E. Smith will be joining the company as its Senior Vice President - General Counsel and Corporate Secretary. Dan joins from Goldman Sachs Realty Management. Mr. Smith received his J.D. from Duke University School of Law, where he served on the Duke Law Journal Editorial Board.

 

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CTO

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Valuation CTO Industry Range
Price/Earnings 53.4x
Price/Sales 9.4x
Price/Book 2.7x
Price/Cash Flow 35.2x
TEV/Sales 6.8x
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