CTO Realty Growth (NYSE:CTO) Receives “Buy” Rating from JonesTrading

JonesTrading reissued their buy rating on shares of CTO Realty Growth (NYSE:CTO) in a research report released on Tuesday morning,Benzinga reports. The brokerage currently has a $21.00 price objective on the stock.

A number of other research analysts also recently commented on the stock. Zacks Research downgraded shares of CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research report on Friday. Cantor Fitzgerald upgraded shares of CTO Realty Growth to a “strong-buy” rating in a report on Wednesday, February 4th. Finally, Weiss Ratings raised shares of CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $21.50.

CTO Realty Growth Stock Down 1.7%

CTO stock opened at $19.43 on Tuesday. The company has a 50 day moving average price of $18.34 and a two-hundred day moving average price of $17.36. The company has a debt-to-equity ratio of 1.09, a quick ratio of 4.88 and a current ratio of 4.88. The stock 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 one year low of $15.06 and a one year high of $20.25.

CTO Realty Growth (NYSE:CTO) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.32. The business had revenue of $38.34 million for the quarter, compared to analysts’ expectations of $37.91 million. CTO Realty Growth had a return on equity of 1.76% and a net margin of 6.75%.CTO Realty Growth has set its FY 2026 guidance at 2.110-2.160 EPS. As a group, sell-side analysts expect that CTO Realty Growth will post 1.92 EPS for the current year.

CTO Realty Growth Announces Dividend

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

Hedge Funds Weigh In On CTO Realty Growth

Several hedge funds and other institutional investors have recently bought and sold shares of CTO. Jane Street Group LLC acquired a new stake in CTO Realty Growth in the first quarter valued at approximately $1,724,000. Asset Management One Co. Ltd. boosted its stake in shares of CTO Realty Growth by 6.8% in the second quarter. Asset Management One Co. Ltd. now owns 76,424 shares of the company’s stock valued at $1,319,000 after purchasing an additional 4,882 shares during the period. State of New Jersey Common Pension Fund D grew its holdings in CTO Realty Growth by 3.8% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 244,068 shares of the company’s stock valued at $4,213,000 after purchasing an additional 9,000 shares in the last quarter. Pinnacle Associates Ltd. increased its stake in CTO Realty Growth by 32.8% during the 2nd quarter. Pinnacle Associates Ltd. now owns 59,184 shares of the company’s stock worth $1,022,000 after buying an additional 14,603 shares during the period. Finally, Penserra Capital Management LLC lifted its holdings in CTO Realty Growth by 1.9% in the 2nd quarter. Penserra Capital Management LLC now owns 57,499 shares of the company’s stock worth $992,000 after buying an additional 1,063 shares in the last quarter. 67.18% of the stock is owned by institutional investors and hedge funds.

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.