CTO Realty Growth, Inc. (NYSE:CTO) Given Consensus Recommendation of “Moderate Buy” by Brokerages

CTO Realty Growth, Inc. (NYSE:CTO) has been given a consensus rating of “Moderate Buy” by the six analysts that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $23.00.

A number of research analysts recently issued reports on the stock. Cantor Fitzgerald upped their price objective on CTO Realty Growth from $22.00 to $23.00 and gave the stock 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. Raymond James Financial reissued a “strong-buy” rating on shares of CTO Realty Growth in a report on Monday. JonesTrading lifted their price target 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.

Institutional Investors Weigh In On CTO Realty Growth

Institutional investors have recently made changes to their positions in the stock. Crossingbridge Advisors LLC lifted its position in shares of CTO Realty Growth by 154.4% in 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 period. Prevail Innovative Wealth Advisors LLC increased its position in shares of 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 buying an additional 103,648 shares during the period. Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of CTO Realty Growth during the fourth quarter worth $471,000. Vanguard Group Inc. raised 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. Finally, State of New Jersey Common Pension Fund D raised 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. Institutional investors own 67.18% of the company’s stock.

CTO Realty Growth Stock Performance

NYSE:CTO traded down $0.11 during mid-day trading on Monday, hitting $21.63. 28,815 shares of the stock were exchanged, compared to its average volume of 304,001. The company has a debt-to-equity ratio of 1.13, a quick ratio of 3.95 and a current ratio of 3.95. The firm’s 50-day simple moving average is $20.39 and its 200 day simple moving average is $19.23. CTO Realty Growth has a fifty-two week low of $15.06 and a fifty-two week high of $21.76. The stock has a market capitalization of $730.76 million, a price-to-earnings ratio of 103.02 and a beta of 0.62.

CTO Realty Growth (NYSE:CTO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $41.17 million during 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, equities analysts anticipate that CTO Realty Growth will post 2.01 EPS for the current fiscal year.

CTO Realty Growth Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Thursday, June 11th. CTO Realty Growth’s dividend payout ratio (DPR) is presently 723.81%.

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.