CTO Realty Growth (NYSE:CTO) Given New $23.00 Price Target at Cantor Fitzgerald

CTO Realty Growth (NYSE:CTOFree Report) had its target price raised by Cantor Fitzgerald from $22.00 to $23.00 in a research note issued to investors on Thursday,Benzinga reports. Cantor Fitzgerald currently has an overweight rating on the stock.

A number of other research analysts have also recently weighed in on CTO. Weiss Ratings upgraded CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, February 4th. JonesTrading lifted their target price on CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $22.67.

Read Our Latest Research Report on CTO

CTO Realty Growth Price Performance

Shares of CTO Realty Growth stock opened at $20.24 on Thursday. CTO Realty Growth has a twelve month low of $15.06 and a twelve month high of $20.67. The stock has a market capitalization of $683.81 million, a P/E ratio of 96.40 and a beta of 0.60. The company has a current ratio of 3.95, a quick ratio of 4.88 and a debt-to-equity ratio of 1.13. The business’s fifty day moving average price is $19.27 and its 200 day moving average price is $18.25.

CTO Realty Growth (NYSE:CTOGet Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.11. CTO Realty Growth had a return on equity of 2.47% and a net margin of 9.06%.The firm had revenue of $41.17 million for the quarter, compared to analysts’ expectations of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. As a group, research analysts anticipate that CTO Realty Growth will post 2.01 earnings per share for the current year.

CTO Realty Growth Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend was Thursday, March 12th. CTO Realty Growth’s payout ratio is presently 723.81%.

Institutional Trading of CTO Realty Growth

Hedge funds and other institutional investors have recently modified their holdings of the business. Clearstead Advisors LLC increased its position in shares of CTO Realty Growth by 231.9% during the fourth quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock worth $33,000 after acquiring an additional 1,250 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new stake in shares of CTO Realty Growth during the third quarter worth about $37,000. Signaturefd LLC increased its position in shares of CTO Realty Growth by 200.1% during the fourth quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock worth $44,000 after acquiring an additional 1,599 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of CTO Realty Growth by 51.7% during the second quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock worth $63,000 after acquiring an additional 1,245 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of CTO Realty Growth during the fourth quarter worth about $112,000. 67.18% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting CTO Realty Growth

Here are the key news stories impacting CTO Realty Growth this week:

About CTO Realty Growth

(Get Free Report)

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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Analyst Recommendations for CTO Realty Growth (NYSE:CTO)

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