CTO Realty Growth (NYSE:CTO) Releases Quarterly Earnings Results, Beats Expectations By $0.28 EPS

CTO Realty Growth (NYSE:CTOGet Free Report) announced its earnings results on Tuesday. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.28, FiscalAI reports. CTO Realty Growth had a net margin of 32.63% and a return on equity of 9.28%. The business had revenue of $43.83 million for the quarter, compared to analyst estimates of $42.31 million. CTO Realty Growth updated its FY 2026 guidance to 2.210-2.250 EPS.

CTO Realty Growth Price Performance

Shares of CTO Realty Growth stock traded down $0.48 on Thursday, hitting $21.89. 12,728 shares of the company were exchanged, compared to its average volume of 310,619. The stock has a market capitalization of $739.28 million, a price-to-earnings ratio of 16.11 and a beta of 0.60. The company has a 50-day moving average price of $21.18 and a 200 day moving average price of $19.82. CTO Realty Growth has a 1-year low of $15.06 and a 1-year high of $22.71. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend was Thursday, June 11th. CTO Realty Growth’s dividend payout ratio (DPR) is 723.81%.

Institutional Investors Weigh In On CTO Realty Growth

Hedge funds and other institutional investors have recently made changes to their positions in the stock. CIBC Private Wealth Group LLC purchased a new position in CTO Realty Growth during the third quarter worth approximately $37,000. Tower Research Capital LLC TRC grew its holdings in CTO Realty Growth by 51.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock valued at $63,000 after buying an additional 1,245 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in CTO Realty Growth by 127.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,080 shares of the company’s stock valued at $130,000 after buying an additional 3,974 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of CTO Realty Growth in the 3rd quarter worth $170,000. Finally, Daiwa Securities Group Inc. increased its stake in shares of CTO Realty Growth by 17.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 10,162 shares of the company’s stock worth $175,000 after acquiring an additional 1,496 shares during the last quarter. Institutional investors and hedge funds own 67.18% of the company’s stock.

Analyst Ratings Changes

CTO has been the topic of several research reports. Raymond James Financial restated a “strong-buy” rating and issued a $25.00 target price on shares of CTO Realty Growth in a research report on Monday, June 29th. Weiss Ratings reiterated a “hold (c+)” rating on shares of CTO Realty Growth in a research report on Friday, July 24th. Cantor Fitzgerald increased their price objective on CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a report on Wednesday. Finally, Zacks Research raised shares of CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $24.00.

Read Our Latest Stock Analysis on CTO Realty Growth

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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Earnings History for CTO Realty Growth (NYSE:CTO)

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