CTO Realty Growth, Inc. (NYSE:CTO) Receives $23.67 Consensus Target Price from Analysts

CTO Realty Growth, Inc. (NYSE:CTO) has been assigned an average rating of “Buy” from the six brokerages that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $23.6667.

CTO has been the topic of a number of research analyst reports. JonesTrading increased their price target on CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Cantor Fitzgerald lifted their price objective on CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, April 29th. Zacks Research raised CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Finally, Raymond James Financial restated a “strong-buy” rating and set a $25.00 target price on shares of CTO Realty Growth in a report on Monday, June 29th.

Institutional Investors Weigh In On CTO Realty Growth

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CTO. State of Alaska Department of Revenue raised its stake in shares of CTO Realty Growth by 3.5% in the fourth quarter. State of Alaska Department of Revenue now owns 16,953 shares of the company’s stock worth $311,000 after acquiring an additional 575 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of CTO Realty Growth by 8.8% during the fourth quarter. Intech Investment Management LLC now owns 11,902 shares of the company’s stock valued at $219,000 after purchasing an additional 958 shares during the last quarter. Sei Investments Co. grew its stake in shares of CTO Realty Growth by 8.3% during the third quarter. Sei Investments Co. now owns 13,436 shares of the company’s stock valued at $219,000 after purchasing an additional 1,032 shares during the last quarter. Kennedy Capital Management LLC grew its stake in shares of CTO Realty Growth by 0.3% during the fourth quarter. Kennedy Capital Management LLC now owns 326,556 shares of the company’s stock valued at $6,012,000 after purchasing an additional 1,069 shares during the last quarter. Finally, Creative Planning increased its holdings in shares of CTO Realty Growth by 9.6% in the third quarter. Creative Planning now owns 12,690 shares of the company’s stock valued at $207,000 after purchasing an additional 1,107 shares in the last quarter. Institutional investors and hedge funds own 67.18% of the company’s stock.

CTO Realty Growth Trading Down 0.1%

Shares of CTO stock opened at $21.98 on Friday. The company has a market capitalization of $742.62 million, a P/E ratio of 104.69 and a beta of 0.60. CTO Realty Growth has a 12-month low of $15.06 and a 12-month high of $22.66. The company has a quick ratio of 3.95, a current ratio of 3.95 and a debt-to-equity ratio of 1.13. The firm has a 50-day moving average price of $21.09 and a 200 day moving average price of $19.75.

CTO Realty Growth (NYSE:CTO) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.11. The firm had revenue of $41.17 million for the quarter, compared to analysts’ expectations of $38.89 million. CTO Realty Growth had a net margin of 9.06% and a return on equity of 2.47%. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. Research analysts forecast that CTO Realty Growth will post 2.1 earnings per share for the current fiscal year.

CTO Realty Growth Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 11th were given a dividend of $0.38 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.52 annualized dividend and a yield of 6.9%. CTO Realty Growth’s dividend payout ratio is 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.