CTO Realty Growth, Inc. (NYSE:CTO) Given Consensus Rating of “Moderate Buy” by Brokerages

CTO Realty Growth, Inc. (NYSE:CTO – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $23.00.

CTO has been the subject of a number of research reports. Weiss Ratings upgraded shares of CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, April 29th. Raymond James Financial restated a “strong-buy” rating on shares of CTO Realty Growth in a research note on Monday. Cantor Fitzgerald boosted their target price on CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, JonesTrading upped their price target on CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th.

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Institutional Trading of CTO Realty Growth

A number of hedge funds and other institutional investors have recently bought and sold shares of CTO. Vanguard Group Inc. raised its holdings in CTO Realty Growth by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 3,166,067 shares of the company’s stock worth $58,287,000 after buying an additional 26,760 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of CTO Realty Growth by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 814,270 shares of the company’s stock valued at $14,994,000 after buying an additional 13,592 shares during the last quarter. Invesco Ltd. grew its holdings in shares of CTO Realty Growth by 27.1% during the third quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock valued at $10,828,000 after buying an additional 141,574 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of CTO Realty Growth by 6.0% during the first quarter. Dimensional Fund Advisors LP now owns 443,746 shares of the company’s stock worth $8,205,000 after acquiring an additional 24,989 shares in the last quarter. Finally, Miller Value Partners LLC raised its holdings in shares of CTO Realty Growth by 1.2% in the 4th quarter. Miller Value Partners LLC now owns 434,145 shares of the company’s stock worth $7,993,000 after acquiring an additional 5,000 shares during the last quarter. Institutional investors own 67.18% of the company’s stock.

CTO Realty Growth Trading Down 0.5%

CTO traded down $0.11 during trading on Monday, hitting $21.63. The company’s stock had a trading volume of 28,815 shares, compared to its average volume of 304,001. The firm has a market capitalization of $730.76 million, a P/E ratio of 103.02 and a beta of 0.62. CTO Realty Growth has a twelve month low of $15.06 and a twelve month high of $21.76. The stock’s fifty day moving average price is $20.39 and its 200-day moving average price is $19.23. The company has a quick ratio of 3.95, a current ratio of 3.95 and a debt-to-equity ratio of 1.13.

CTO Realty Growth (NYSE:CTO – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.02 by $0.11. The company had revenue of $41.17 million during the quarter, compared to the consensus estimate of $38.89 million. CTO Realty Growth had a net margin of 9.06% and a return on equity of 2.47%. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. Analysts anticipate that CTO Realty Growth will post 2.01 EPS for the current year.

CTO Realty Growth Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Thursday, June 11th. CTO Realty Growth’s dividend payout ratio is presently 723.81%.

CTO Realty Growth Company Profile

(Get Free Report)

CTO Realty Growth, Inc is a publicly traded real estate investment trust (REIT) that specializes in single-tenant net lease properties. The company’s primary focus is on acquiring, owning and managing retail assets leased to creditworthy operators under long-term, triple-net lease agreements. By targeting essential retail segments, CTO Realty Growth seeks to generate stable, inflation-protected income streams while maintaining a disciplined investment approach.

The REIT’s portfolio is concentrated in convenience store and fuel service locations, with additional assets in other retail categories where net lease structures prevail.

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