CTO Realty Growth (NYSE:CTO) Releases Earnings Results

CTO Realty Growth (NYSE:CTOGet Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.10 by $0.28, FiscalAI reports. The company had revenue of $43.83 million during the quarter, compared to the consensus estimate of $42.31 million. CTO Realty Growth had a net margin of 9.06% and a return on equity of 2.47%. CTO Realty Growth updated its FY 2026 guidance to 2.210-2.250 EPS.

CTO Realty Growth Stock Performance

NYSE CTO traded down $0.09 during trading hours on Tuesday, reaching $21.94. 372,579 shares of the company were exchanged, compared to its average volume of 310,923. CTO Realty Growth has a 1 year low of $15.06 and a 1 year 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 business’s 50 day simple moving average is $21.12 and its 200-day simple moving average is $19.77. The stock has a market capitalization of $741.12 million, a P/E ratio of 104.47 and a beta of 0.60.

CTO Realty Growth Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 11th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date was Thursday, June 11th. CTO Realty Growth’s dividend payout ratio (DPR) is 723.81%.

Hedge Funds Weigh In On CTO Realty Growth

Several large investors have recently modified their holdings of CTO. Jump Financial LLC bought a new position in shares of CTO Realty Growth in the fourth quarter worth $289,000. Cetera Investment Advisers bought a new stake in shares of CTO Realty Growth during the 4th quarter valued at $284,000. Cerity Partners LLC bought a new stake in shares of CTO Realty Growth during the 4th quarter valued at $224,000. Sei Investments Co. lifted its holdings in CTO Realty Growth by 8.3% during the 3rd quarter. Sei Investments Co. now owns 13,436 shares of the company’s stock worth $219,000 after purchasing an additional 1,032 shares in the last quarter. Finally, Intech Investment Management LLC lifted its holdings in CTO Realty Growth by 8.8% during the 4th quarter. Intech Investment Management LLC now owns 11,902 shares of the company’s stock worth $219,000 after purchasing an additional 958 shares in the last quarter. Hedge funds and other institutional investors own 67.18% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Zacks Research upgraded CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, April 29th. Cantor Fitzgerald upped their target price 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 shares of CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and issued a $25.00 price objective on shares of CTO Realty Growth in a research note on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $23.67.

Read Our Latest Report on CTO

About CTO Realty Growth

(Get Free Report)

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.

Further Reading

Earnings History for CTO Realty Growth (NYSE:CTO)

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