CTO Realty Growth, Inc. (NYSE:CTO) Receives Consensus Rating of “Buy” from Brokerages

Shares of CTO Realty Growth, Inc. (NYSE:CTO) have earned an average recommendation of “Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $24.00.

Several research firms have weighed in on CTO. JonesTrading raised their price target on CTO Realty Growth from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday. Raymond James Financial restated a “strong-buy” rating and issued a $25.00 price objective on shares of CTO Realty Growth in a research report on Monday, June 29th. Zacks Research raised CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of CTO Realty Growth in a research note on Friday, July 24th.

CTO Realty Growth Stock Down 2.5%

Shares of NYSE CTO opened at $21.81 on Friday. CTO Realty Growth has a 12-month low of $15.06 and a 12-month high of $22.71. The company has a market capitalization of $817.81 million, a PE ratio of 16.04 and a beta of 0.60. The company has a debt-to-equity ratio of 0.99, a current ratio of 8.69 and a quick ratio of 3.95. The firm’s 50-day moving average is $21.21 and its two-hundred day moving average is $19.85.

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 analysts’ consensus estimates of $0.10 by $0.28. CTO Realty Growth had a net margin of 32.63% and a return on equity of 8.90%. The business had revenue of $43.83 million during the quarter, compared to analysts’ expectations of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. Equities analysts anticipate that CTO Realty Growth will post 2.1 EPS for the current fiscal year.

CTO Realty Growth Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th were issued a dividend of $0.38 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.0%. CTO Realty Growth’s payout ratio is 723.81%.

Hedge Funds Weigh In On CTO Realty Growth

Several institutional investors and hedge funds have recently modified their holdings of the company. SummitTX Capital L.P. acquired a new stake in CTO Realty Growth during the third quarter worth approximately $3,016,000. Invesco Ltd. lifted its stake in shares of CTO Realty Growth by 27.1% during the 3rd 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. Y Intercept Hong Kong Ltd purchased a new position in shares of CTO Realty Growth during the 1st quarter worth $1,953,000. Vanguard Group Inc. boosted its holdings in shares of CTO Realty Growth by 3.4% during the third quarter. Vanguard Group Inc. now owns 3,139,307 shares of the company’s stock worth $51,171,000 after purchasing an additional 102,630 shares during the last quarter. Finally, FJ Capital Management LLC acquired a new stake in shares of CTO Realty Growth during the fourth quarter worth $1,652,000. Hedge funds and other institutional investors 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.