CTO Realty Growth (NYSE:CTO – Get Free Report) had its target price lifted by stock analysts at Cantor Fitzgerald from $23.00 to $25.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 13.85% from the stock’s current price.
Several other research firms also recently weighed in on CTO. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday. Zacks Research upgraded CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. JonesTrading increased their target price on CTO Realty Growth from $23.00 to $24.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Raymond James Financial restated 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, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CTO Realty Growth in a research note on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $24.67.
Check Out Our Latest Research Report on CTO
CTO Realty Growth Trading Down 0.1%
CTO Realty Growth (NYSE:CTO – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.28. The firm 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. On average, equities research analysts expect that CTO Realty Growth will post 2.1 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of CTO. Pinnacle Wealth Management Advisory Group LLC acquired a new position in shares of CTO Realty Growth during the 4th quarter worth approximately $471,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of CTO Realty Growth in the first quarter valued at approximately $1,953,000. Vanguard Group Inc. lifted its position 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 in the last quarter. SummitTX Capital L.P. lifted its position in CTO Realty Growth by 56.5% during the first quarter. SummitTX Capital L.P. now owns 167,545 shares of the company’s stock worth $3,098,000 after buying an additional 60,506 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its stake in CTO Realty Growth by 16.1% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 289,068 shares of the company’s stock worth $5,322,000 after buying an additional 40,000 shares during the last quarter. 67.18% of the stock is owned by hedge funds and other institutional investors.
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.
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