CTO Realty Growth, Inc. (NYSE:CTO – Free Report) – Equities research analysts at Huntington Sec raised their FY2026 EPS estimates for CTO Realty Growth in a research note issued on Thursday, October 29th. Huntington Sec analyst R. Stevenson now anticipates that the company will post earnings of $2.09 per share for the year, up from their previous forecast of $2.06. Huntington Sec has a “Strong-Buy” rating on the stock. The consensus estimate for CTO Realty Growth’s current full-year earnings is $2.11 per share. Huntington Sec also issued estimates for CTO Realty Growth’s Q4 2026 earnings at $0.53 EPS, Q1 2027 earnings at $0.53 EPS, Q2 2027 earnings at $0.54 EPS, Q3 2027 earnings at $0.53 EPS, Q4 2027 earnings at $0.55 EPS and FY2027 earnings at $2.16 EPS.
CTO Realty Growth (NYSE:CTO – Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.39). The firm had revenue of $46.91 million during the quarter, compared to analysts’ expectations of $45.21 million. CTO Realty Growth had a return on equity of 7.15% and a net margin of 26.12%.
A number of other brokerages have also issued reports on CTO. Zacks Research lowered CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 31st. Cantor Fitzgerald raised their price target on CTO Realty Growth from $23.00 to $25.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Huntington assumed coverage on CTO Realty Growth in a research report on Tuesday, August 11th. They issued an “outperform” rating and a $24.00 price objective on the stock. Wall Street Zen lowered CTO Realty Growth from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, CTO Realty Growth currently has a consensus rating of “Buy” and a consensus price target of $24.50.
Check Out Our Latest Stock Report on CTO Realty Growth
CTO Realty Growth Stock Up 2.1%
CTO opened at $20.12 on Monday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 8.69 and a current ratio of 6.06. CTO Realty Growth has a fifty-two week low of $16.50 and a fifty-two week high of $22.71. The firm’s fifty day moving average is $20.62 and its 200 day moving average is $20.22. The stock has a market cap of $779.97 million, a price-to-earnings ratio of 17.65 and a beta of 0.60.
CTO Realty Growth Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 10th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date was Thursday, September 10th. CTO Realty Growth’s payout ratio is currently 133.33%.
Institutional Trading of CTO Realty Growth
Several hedge funds have recently bought and sold shares of CTO. BlackRock Inc. purchased a new stake in shares of CTO Realty Growth during the 2nd quarter worth approximately $77,576,000. Miller Value Partners LLC purchased a new position in shares of CTO Realty Growth in the second quarter valued at $11,613,000. Man Group plc purchased a new position in shares of CTO Realty Growth in the second quarter valued at $8,160,000. Bank of New York Mellon Corp bought a new stake in CTO Realty Growth in the second quarter worth $3,691,000. Finally, Bank of America Corp DE bought a new stake in CTO Realty Growth in the second quarter worth $2,428,000. Hedge funds and other institutional investors own 67.18% of the company’s stock.
About CTO Realty Growth
CTO Realty Growth, Inc is an internally managed real estate investment trust (REIT) that owns, manages and invests in income-producing commercial real estate. The company’s portfolio is focused primarily on open-air shopping centers and other retail properties, including locations anchored by grocery stores, home-improvement retailers and other necessity-based tenants.
The company also makes structured investments in commercial real estate and may pursue additional property investments in select markets.
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