CTO Realty Growth (NYSE:CTO) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of CTO Realty Growth (NYSE:CTO) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

A number of other equities research analysts have also issued reports on CTO. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, April 29th. Weiss Ratings raised CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Raymond James Financial restated a “strong-buy” rating and set a $25.00 price objective on shares of CTO Realty Growth in a report on Monday. Cantor Fitzgerald upped their price objective on shares of CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, JonesTrading raised their target price on shares of CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $23.67.

CTO Realty Growth Trading Down 0.1%

CTO Realty Growth stock opened at $21.49 on Tuesday. The firm has a market cap of $726.00 million, a price-to-earnings ratio of 102.35 and a beta of 0.60. CTO Realty Growth has a 1 year low of $15.06 and a 1 year high of $22.01. The firm’s 50 day moving average price is $20.49 and its two-hundred day moving average price is $19.30. The company has a debt-to-equity ratio of 1.13, a quick ratio of 3.95 and a current ratio of 3.95.

CTO Realty Growth (NYSE:CTO) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.11. The company had revenue of $41.17 million during the quarter, compared to the consensus estimate 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 predict that CTO Realty Growth will post 2.1 EPS for the current fiscal year.

CTO Realty Growth Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend was Thursday, June 11th. CTO Realty Growth’s dividend payout ratio (DPR) is 723.81%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Clearstead Advisors LLC lifted its stake in CTO Realty Growth by 231.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock worth $33,000 after acquiring an additional 1,250 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new position in shares of CTO Realty Growth in the 3rd quarter valued at about $37,000. Signaturefd LLC lifted its position in shares of CTO Realty Growth by 200.1% in the fourth quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock worth $44,000 after purchasing an additional 1,599 shares in the last quarter. Tower Research Capital LLC TRC lifted its position 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 in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of CTO Realty Growth during the fourth quarter worth approximately $112,000. 67.18% of the stock is owned by institutional investors and hedge funds.

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.