CTO Realty Growth, Inc. (NYSE:CTO) Receives Average Rating of “Buy” from Analysts

CTO Realty Growth, Inc. (NYSE:CTO) has earned an average recommendation of “Buy” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $24.50.

A number of research firms recently weighed in on CTO. Cantor Fitzgerald increased their price target on CTO Realty Growth from $23.00 to $25.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Zacks Research cut shares of CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 31st. Raymond James Financial reiterated a “strong-buy” rating and issued a $25.00 price objective on shares of CTO Realty Growth in a report on Monday, June 29th. JonesTrading increased their price objective on shares of CTO Realty Growth from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, July 29th.

Institutional Investors Weigh In On CTO Realty Growth

Several hedge funds have recently bought and sold shares of CTO. BlackRock Inc. bought a new stake in shares of CTO Realty Growth during the second quarter worth approximately $77,576,000. Vanguard Group Inc. increased its stake in shares of 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 purchasing an additional 26,760 shares during the period. Geode Capital Management LLC lifted its holdings in CTO Realty Growth by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 814,270 shares of the company’s stock worth $14,994,000 after purchasing an additional 13,592 shares during the last quarter. Invesco Ltd. lifted its holdings in CTO Realty Growth by 27.1% during the 3rd quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock worth $10,828,000 after purchasing an additional 141,574 shares during the last quarter. Finally, Miller Value Partners LLC bought a new stake in CTO Realty Growth in the 2nd quarter valued at $11,613,000. 67.18% of the stock is currently owned by institutional investors and hedge funds.

CTO Realty Growth Price Performance

NYSE:CTO opened at $20.69 on Friday. The company has a quick ratio of 8.69, a current ratio of 8.69 and a debt-to-equity ratio of 0.99. The stock’s 50 day moving average price is $21.73 and its two-hundred day moving average price is $20.56. The firm has a market capitalization of $775.68 million, a price-to-earnings ratio of 15.22 and a beta of 0.60. CTO Realty Growth has a 12-month low of $15.06 and a 12-month high of $22.71.

CTO Realty Growth (NYSE:CTO) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.28. CTO Realty Growth had a return on equity of 8.90% and a net margin of 32.63%.The company had revenue of $43.83 million during the quarter, compared to analysts’ expectations of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. On average, analysts anticipate that CTO Realty Growth will post 2.12 earnings per share for the current year.

CTO Realty Growth Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 10th will be paid a $0.38 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.52 dividend on an annualized basis and a yield of 7.3%. CTO Realty Growth’s dividend payout ratio is 111.76%.

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.