Shares of CTO Realty Growth, Inc. (NYSE:CTO – Get Free Report) have been assigned a consensus rating of “Buy” from the seven analysts that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $21.50.
A number of research analysts recently weighed in on CTO shares. Cantor Fitzgerald raised CTO Realty Growth to a “strong-buy” rating in a research note on Wednesday, February 4th. Zacks Research lowered shares of CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. JonesTrading reissued a “buy” rating and issued a $21.00 price objective on shares of CTO Realty Growth in a research report on Tuesday, February 24th. Weiss Ratings upgraded shares of CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research note on Friday, February 20th.
Get Our Latest Report on CTO Realty Growth
CTO Realty Growth Stock Performance
CTO Realty Growth (NYSE:CTO – Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.50 by $0.32. CTO Realty Growth had a net margin of 6.75% and a return on equity of 1.76%. The company had revenue of $38.34 million during the quarter, compared to the consensus estimate of $37.91 million. CTO Realty Growth has set its FY 2026 guidance at 2.110-2.160 EPS. As a group, equities research analysts expect that CTO Realty Growth will post 1.92 earnings per share for the current year.
CTO Realty Growth Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend is Thursday, March 12th. CTO Realty Growth’s dividend payout ratio (DPR) is presently 1,688.89%.
Hedge Funds Weigh In On CTO Realty Growth
A number of large investors have recently modified their holdings of CTO. Clearstead Advisors LLC boosted its stake in CTO Realty Growth by 231.9% during the fourth quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock valued at $33,000 after buying an additional 1,250 shares during the period. CIBC Private Wealth Group LLC purchased a new stake in shares of CTO Realty Growth during the third quarter valued at approximately $37,000. Signaturefd LLC grew its holdings in CTO Realty Growth by 200.1% in the 4th quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock worth $44,000 after acquiring an additional 1,599 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of CTO Realty Growth by 51.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock worth $63,000 after purchasing an additional 1,245 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of CTO Realty Growth in the 4th quarter worth approximately $112,000. 67.18% of the stock is currently owned by institutional investors.
CTO Realty Growth Company Profile
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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