CTO Realty Growth, Inc. (NYSE:CTO) Receives Average Recommendation of “Buy” from Analysts

CTO Realty Growth, Inc. (NYSE:CTO) has received an average recommendation of “Buy” from the seven analysts that are covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $24.50.

CTO has been the topic of several research analyst reports. Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, July 29th. Huntington assumed coverage on CTO Realty Growth in a research note on Tuesday, August 11th. They issued an “outperform” rating and a $24.00 price objective for the company. Zacks Research raised CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. JonesTrading upped their target price on CTO Realty Growth from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Cantor Fitzgerald increased their price target on shares of CTO Realty Growth from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd.

Institutional Investors Weigh In On CTO Realty Growth

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in shares of CTO Realty Growth in the 2nd quarter valued at about $77,576,000. Vanguard Group Inc. grew its holdings 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 acquiring an additional 26,760 shares during the period. Geode Capital Management LLC raised its position in CTO Realty Growth by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 814,270 shares of the company’s stock valued at $14,994,000 after acquiring an additional 13,592 shares in the last quarter. Invesco Ltd. raised its position in CTO Realty Growth by 27.1% during the third quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock valued at $10,828,000 after acquiring an additional 141,574 shares in the last quarter. Finally, Miller Value Partners LLC acquired a new position in CTO Realty Growth in the second quarter valued at approximately $11,613,000. 67.18% of the stock is owned by institutional investors and hedge funds.

CTO Realty Growth Trading Down 0.5%

NYSE CTO opened at $21.90 on Tuesday. The company has a fifty day simple moving average of $21.55 and a two-hundred day simple moving average of $20.16. The stock has a market cap of $821.03 million, a P/E ratio of 16.10 and a beta of 0.60. CTO Realty Growth has a 12-month low of $15.06 and a 12-month high of $22.71. The company has a current ratio of 8.69, a quick ratio of 8.69 and a debt-to-equity ratio of 0.99.

CTO Realty Growth (NYSE:CTO) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.28. CTO Realty Growth had a net margin of 32.63% and a return on equity of 8.90%. The firm had revenue of $43.83 million for the quarter, compared to analyst estimates of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. On average, analysts forecast that CTO Realty Growth will post 2.1 earnings per share for the current year.

CTO Realty Growth Dividend Announcement

The firm also recently announced 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 annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend was Thursday, June 11th. CTO Realty Growth’s dividend payout ratio (DPR) is 111.76%.

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.