CTO Realty Growth (NYSE:CTO) Sets New 52-Week High – Time to Buy?

CTO Realty Growth, Inc. (NYSE:CTO)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $20.72 and last traded at $20.7490, with a volume of 72421 shares. The stock had previously closed at $20.44.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CTO. Cantor Fitzgerald boosted their target price on shares of CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Weiss Ratings raised CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. JonesTrading raised their price objective on CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $22.67.

CTO Realty Growth Trading Down 1.0%

The company’s fifty day moving average is $19.43 and its 200-day moving average is $18.63. 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 $692.13 million, a PE ratio of 97.56 and a beta of 0.62.

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

Hedge Funds Weigh In On CTO Realty Growth

Several large investors have recently made changes to their positions in CTO. SummitTX Capital L.P. purchased a new position in CTO Realty Growth during the 3rd quarter valued at about $3,016,000. Crossingbridge Advisors LLC lifted its position in shares of CTO Realty Growth by 154.4% during the 3rd quarter. Crossingbridge Advisors LLC now owns 268,079 shares of the company’s stock worth $4,273,000 after purchasing an additional 162,689 shares during the last quarter. Invesco Ltd. lifted its stake in shares of CTO Realty Growth by 27.1% in the third 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. Y Intercept Hong Kong Ltd bought a new position in CTO Realty Growth in the first quarter worth $1,953,000. Finally, Prevail Innovative Wealth Advisors LLC lifted its stake in CTO Realty Growth by 40.4% during the third quarter. Prevail Innovative Wealth Advisors LLC now owns 360,108 shares of the company’s stock worth $5,870,000 after purchasing an additional 103,648 shares during the period. 67.18% of the stock is currently owned by institutional investors and hedge funds.

About CTO Realty Growth

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.