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

CTO Realty Growth, Inc. (NYSE:CTO) has been given an average recommendation of “Buy” by the seven brokerages that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $21.50.

Several research firms have commented on CTO. Zacks Research cut shares of CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. Weiss Ratings raised shares of CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, February 4th. Cantor Fitzgerald raised CTO Realty Growth to a “strong-buy” rating in a report on Wednesday, February 4th. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a research note on Friday. Finally, JonesTrading reaffirmed a “buy” rating and set a $21.00 price objective on shares of CTO Realty Growth in a research report on Tuesday.

CTO Realty Growth Price Performance

CTO stock opened at $19.43 on Wednesday. The business’s 50-day moving average is $18.34 and its two-hundred day moving average is $17.36. The company has a debt-to-equity ratio of 1.09, a current ratio of 4.88 and a quick ratio of 4.88. The firm has a market capitalization of $632.64 million, a P/E ratio of 215.91 and a beta of 0.64. CTO Realty Growth has a 1 year low of $15.06 and a 1 year high of $20.25.

CTO Realty Growth (NYSE:CTO) last released its earnings results on Thursday, February 19th. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.32. The firm had revenue of $38.34 million for the quarter, compared to analyst estimates of $37.91 million. CTO Realty Growth had a net margin of 6.75% and a return on equity of 1.76%. CTO Realty Growth has set its FY 2026 guidance at 2.110-2.160 EPS. Analysts anticipate that CTO Realty Growth will post 1.92 earnings per share for the current fiscal year.

CTO Realty Growth Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 12th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend is Thursday, March 12th. CTO Realty Growth’s dividend payout ratio is 1,688.89%.

Institutional Trading of CTO Realty Growth

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its stake in CTO Realty Growth by 5.6% during the 2nd quarter. Geode Capital Management LLC now owns 769,177 shares of the company’s stock worth $13,278,000 after purchasing an additional 40,694 shares during the period. Los Angeles Capital Management LLC raised its holdings in shares of CTO Realty Growth by 72.9% in the second quarter. Los Angeles Capital Management LLC now owns 150,590 shares of the company’s stock valued at $2,599,000 after buying an additional 63,481 shares during the last quarter. Crossingbridge Advisors LLC boosted its stake in shares of CTO Realty Growth by 163.5% during the second quarter. Crossingbridge Advisors LLC now owns 105,390 shares of the company’s stock worth $1,680,000 after buying an additional 65,390 shares during the period. Cutler Capital Management LLC boosted its stake in shares of CTO Realty Growth by 234.6% during the second quarter. Cutler Capital Management LLC now owns 642,054 shares of the company’s stock worth $11,082,000 after buying an additional 450,162 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of CTO Realty Growth by 34.8% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 22,987 shares of the company’s stock worth $397,000 after buying an additional 5,939 shares during the last quarter. Institutional investors and hedge funds own 67.18% of the company’s stock.

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.