CTO Realty Growth (NYSE:CTO) Coverage Initiated at Huntington

Stock analysts at Huntington started coverage on shares of CTO Realty Growth (NYSE:CTO) in a research report issued on Tuesday. The firm set an “outperform” rating and a $24.00 price target on the stock. Huntington’s target price suggests a potential upside of 11.73% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. JonesTrading increased their price target on CTO Realty Growth from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Zacks Research upgraded CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Weiss Ratings raised shares of CTO Realty Growth from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday. Cantor Fitzgerald raised their price target on shares of CTO Realty Growth from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Finally, Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $24.50.

CTO Realty Growth Price Performance

CTO stock opened at $21.48 on Tuesday. The company has a fifty day moving average price of $21.39 and a 200-day moving average price of $20.02. The company has a market capitalization of $805.29 million, a P/E ratio of 15.79 and a beta of 0.60. CTO Realty Growth has a 52-week low of $15.06 and a 52-week high of $22.71. The company has a debt-to-equity ratio of 0.99, a quick ratio of 8.69 and a current ratio of 8.69.

CTO Realty Growth (NYSE:CTO) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.28. The company had revenue of $43.83 million for the quarter, compared to analysts’ expectations of $42.31 million. CTO Realty Growth had a net margin of 32.63% and a return on equity of 8.90%. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. As a group, equities analysts expect that CTO Realty Growth will post 2.1 EPS for the current year.

Hedge Funds Weigh In On CTO Realty Growth

Several institutional investors have recently made changes to their positions in CTO. BlackRock Inc. acquired a new position in CTO Realty Growth during the 2nd quarter worth approximately $77,576,000. Vanguard Group Inc. grew its stake in CTO Realty Growth by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 3,166,067 shares of the company’s stock valued at $58,287,000 after acquiring an additional 26,760 shares during the period. Geode Capital Management LLC increased its holdings in shares of CTO Realty Growth by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 814,270 shares of the company’s stock valued at $14,994,000 after acquiring an additional 13,592 shares in the last quarter. Invesco Ltd. raised its position in shares of CTO Realty Growth by 27.1% during the third 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 period. Finally, Dimensional Fund Advisors LP increased its stake in CTO Realty Growth by 6.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 443,746 shares of the company’s stock valued at $8,205,000 after purchasing an additional 24,989 shares in the last quarter. Institutional investors and hedge funds own 67.18% of the company’s stock.

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.