CTO Realty Growth (NYSE:CTO) Sets New 1-Year High – Time to Buy?

CTO Realty Growth, Inc. (NYSE:CTO)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $21.00 and last traded at $20.9730, with a volume of 57590 shares traded. The stock had previously closed at $20.62.

Wall Street Analyst Weigh In

Several research analysts have commented on CTO shares. Cantor Fitzgerald raised 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. Weiss Ratings raised CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. JonesTrading boosted their price objective on shares of CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, April 29th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, CTO Realty Growth has an average rating of “Moderate Buy” and an average target price of $23.00.

CTO Realty Growth Trading Down 0.4%

The company has a debt-to-equity ratio of 1.13, a current ratio of 3.95 and a quick ratio of 3.95. The stock has a market cap of $705.68 million, a price-to-earnings ratio of 99.37 and a beta of 0.62. The company’s fifty day moving average price is $19.97 and its 200-day moving average price is $18.98.

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

CTO Realty Growth Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend is Thursday, June 11th. CTO Realty Growth’s dividend payout ratio is presently 723.81%.

Hedge Funds Weigh In On CTO Realty Growth

A number of hedge funds have recently made changes to their positions in CTO. Vanguard Group Inc. boosted its stake in 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 buying an additional 26,760 shares during the last quarter. Geode Capital Management LLC boosted its holdings in CTO Realty Growth by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 814,270 shares of the company’s stock valued at $14,994,000 after purchasing an additional 13,592 shares during the last quarter. Invesco Ltd. grew its stake in shares of CTO Realty Growth by 27.1% in the 3rd quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock valued at $10,828,000 after buying an additional 141,574 shares during the period. Ingalls & Snyder LLC increased its holdings in shares of CTO Realty Growth by 20.3% during the 3rd quarter. Ingalls & Snyder LLC now owns 474,272 shares of the company’s stock worth $7,731,000 after buying an additional 79,960 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position 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 period. 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.