CTO Realty Growth (NYSE:CTO) Reaches New 12-Month High – Should You Buy?

CTO Realty Growth, Inc. (NYSE:CTO) hit a new 52-week high during trading on Wednesday . The stock traded as high as $21.13 and last traded at $21.08, with a volume of 24361 shares trading hands. The stock had previously closed at $20.83.

Analysts Set New Price Targets

CTO has been the topic of a number of analyst reports. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, April 29th. JonesTrading upped their price objective on shares of CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings raised shares of CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Finally, Cantor Fitzgerald boosted their price target on shares of CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, CTO Realty Growth currently has an average rating of “Moderate Buy” and an average target price of $23.00.

CTO Realty Growth Stock Performance

The company has a current ratio of 3.95, a quick ratio of 3.95 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $712.00 million, a PE ratio of 100.45 and a beta of 0.62. The firm’s fifty day moving average price is $20.28 and its 200 day moving average price is $19.16.

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

CTO Realty Growth Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Thursday, June 11th. CTO Realty Growth’s payout ratio is currently 723.81%.

Institutional Investors Weigh In On CTO Realty Growth

Several large investors have recently made changes to their positions in CTO. Jane Street Group LLC bought a new position in CTO Realty Growth during the first quarter valued at approximately $1,724,000. JPMorgan Chase & Co. grew its position in CTO Realty Growth by 64.4% in the second quarter. JPMorgan Chase & Co. now owns 163,158 shares of the company’s stock worth $2,816,000 after acquiring an additional 63,926 shares in the last quarter. Rhumbline Advisers increased its stake in shares of CTO Realty Growth by 10.2% during the 2nd quarter. Rhumbline Advisers now owns 55,816 shares of the company’s stock worth $963,000 after purchasing an additional 5,167 shares during the last quarter. Invesco Ltd. raised its holdings in shares of CTO Realty Growth by 3.4% during the 2nd quarter. Invesco Ltd. now owns 522,721 shares of the company’s stock valued at $9,022,000 after purchasing an additional 17,334 shares in the last quarter. Finally, Brown Advisory Inc. acquired a new stake in shares of CTO Realty Growth in the 2nd quarter valued at $357,000. Institutional investors own 67.18% of the company’s stock.

About CTO Realty Growth

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.