Consolidated-Tomoka Land (CTO) Receives News Impact Rating of 0.22
Media stories about Consolidated-Tomoka Land (NYSE:CTO) have been trending somewhat positive this week, Alpha One reports. Alpha One, a division of Accern, scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Consolidated-Tomoka Land earned a media sentiment score of 0.22 on Alpha One’s scale. Alpha One also gave news stories about the company an impact score of 25 out of 100, indicating that recent press coverage is very unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news stories that may have effected AlphaOne Sentiment Analysis’s rankings:
- Consolidated-Tomoka Land Co. (CTO) Releases Quarterly Earnings Results, Beats Expectations By $0.36 EPS (americanbankingnews.com)
- Consolidated-Tomoka Land Co. (CTO) Updates FY17 Earnings Guidance (americanbankingnews.com)
- Consolidated-Tomoka Land Co. (CTO) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Consolidated-Tomoka Land (CTO) Earning Somewhat Negative Media Coverage, Analysis Shows (americanbankingnews.com)
- Consolidated-Tomoka Land Co. (CTO) Upgraded by Zacks Investment Research to “Buy” (americanbankingnews.com)
CTO has been the subject of a number of recent analyst reports. Zacks Investment Research raised Consolidated-Tomoka Land from a “strong sell” rating to a “buy” rating and set a $61.00 price target for the company in a report on Tuesday, April 11th. FBR & Co reissued a “buy” rating on shares of Consolidated-Tomoka Land in a report on Saturday, March 25th.
Consolidated-Tomoka Land (NYSE:CTO) traded up 0.93% during mid-day trading on Thursday, hitting $55.35. The stock had a trading volume of 10,177 shares. Consolidated-Tomoka Land has a 12-month low of $44.48 and a 12-month high of $56.49. The company has a 50-day moving average of $52.89 and a 200-day moving average of $53.16. The firm has a market cap of $316.49 million and a PE ratio of 19.42.
Consolidated-Tomoka Land (NYSE:CTO) last issued its earnings results on Monday, April 17th. The company reported $2.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.91 by $0.36. The business earned $38.71 million during the quarter, compared to the consensus estimate of $35.61 million.
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About Consolidated-Tomoka Land
Consolidated-Tomoka Land Co is a real estate operating company. As of December 31, 2016, the Company owned and managed 31 commercial real estate properties in 10 states in the United States. Its segments include Income Properties, Commercial Loan Investments, Real Estate Operations, Golf Operations, and Agriculture and Other.
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