CTO Realty Growth, Inc. (CTO) – What Are Analysts Thinking About This Stock?

Shares of CTO Realty Growth, Inc. (NYSE:CTO) have earned a consensus rating of “Buy” from the seven research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $24.50.

Several research firms recently commented on CTO. Zacks Research cut shares of CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. JonesTrading reaffirmed a “buy” rating and set a $24.00 price objective on shares of CTO Realty Growth in a research report on Thursday, October 1st. Huntington started coverage on shares of CTO Realty Growth in a research note on Tuesday, August 11th. They issued an “outperform” rating and a $24.00 price objective on the stock. Raymond James Financial reiterated a “strong-buy” rating and issued a $25.00 target price on shares of CTO Realty Growth in a research report on Monday, June 29th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th.

CTO Realty Growth Trading Up 0.0%

Shares of NYSE CTO opened at $20.76 on Wednesday. CTO Realty Growth has a one year low of $15.55 and a one year high of $22.71. The firm has a market capitalization of $778.29 million, a PE ratio of 15.26 and a beta of 0.60. The company has a current ratio of 8.69, a quick ratio of 8.69 and a debt-to-equity ratio of 0.99. The business has a 50-day moving average price of $21.14 and a two-hundred day moving average price of $20.77.

CTO Realty Growth (NYSE:CTO) last released its earnings results on Tuesday, July 28th. The company reported $0.38 earnings per share for the quarter, beating 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 return on equity of 8.90% and a net margin of 32.63%. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. As a group, analysts predict that CTO Realty Growth will post 2.12 earnings per share for the current fiscal year.

CTO Realty Growth Announces Dividend

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

Institutional Trading of CTO Realty Growth

Several hedge funds and other institutional investors have recently modified their holdings of CTO. BlackRock Inc. purchased a new position in CTO Realty Growth in the second quarter valued at about $77,576,000. Miller Value Partners LLC purchased a new stake in shares of CTO Realty Growth during the 2nd quarter worth about $11,613,000. Dimensional Fund Advisors LP lifted its holdings in shares of 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 buying an additional 24,989 shares during the last quarter. Man Group plc acquired a new stake in shares of CTO Realty Growth during the 2nd quarter valued at about $8,160,000. Finally, Kennedy Capital Management LLC lifted its holdings in shares of CTO Realty Growth by 0.3% during the 4th quarter. Kennedy Capital Management LLC now owns 326,556 shares of the company’s stock valued at $6,012,000 after buying an additional 1,069 shares during the last quarter. 67.18% of the stock is currently owned by hedge funds and other institutional investors.

CTO Realty Growth Company Profile

CTO Realty Growth, Inc is a self-managed real estate investment trust (REIT) that owns, manages and develops income-producing commercial real estate. The company’s portfolio is primarily composed of open-air, necessity-based retail properties and other mixed-use assets leased to national, regional and local tenants.

CTO Realty Growth focuses on properties located in attractive markets with favorable demographic and economic characteristics. Its retail centers generally serve everyday consumer needs and may be anchored by grocery stores, home improvement retailers, discount stores or other high-traffic businesses.