CTO Realty Growth, Inc. $CTO Shares Newly Purchased by Ellsworth Advisors LLC

Ellsworth Advisors LLC acquired a new stake in CTO Realty Growth, Inc. (NYSE:CTO) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 53,239 shares of the company’s stock, valued at approximately $1,091,000. Ellsworth Advisors LLC owned 0.14% of CTO Realty Growth as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of CTO Realty Growth during the second quarter worth approximately $77,576,000. Miller Value Partners LLC acquired a new stake in shares of CTO Realty Growth in the second quarter valued at approximately $11,613,000. Dimensional Fund Advisors LP boosted its stake in shares of CTO Realty Growth by 6.0% in the first quarter. Dimensional Fund Advisors LP now owns 443,746 shares of the company’s stock valued at $8,205,000 after buying an additional 24,989 shares during the period. Man Group plc bought a new stake in shares of CTO Realty Growth in the second quarter valued at approximately $8,160,000. Finally, Renaissance Technologies LLC boosted its stake in shares of CTO Realty Growth by 0.9% in the first quarter. Renaissance Technologies LLC now owns 212,300 shares of the company’s stock valued at $3,925,000 after buying an additional 1,799 shares during the period. Institutional investors and hedge funds own 67.18% of the company’s stock.

CTO Realty Growth Price Performance

CTO stock opened at $20.59 on Friday. The company has a quick ratio of 8.69, a current ratio of 8.69 and a debt-to-equity ratio of 0.99. CTO Realty Growth, Inc. has a 12 month low of $15.59 and a 12 month high of $22.71. The firm has a market cap of $771.77 million, a P/E ratio of 15.14 and a beta of 0.60. The company’s 50-day moving average price is $21.09 and its two-hundred day moving average price is $20.81.

CTO Realty Growth (NYSE:CTO) last issued its earnings results on Tuesday, July 28th. The company reported $0.38 EPS for the quarter, beating the consensus estimate 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 company had revenue of $43.83 million during the quarter, compared to analysts’ expectations of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. On average, analysts anticipate that CTO Realty Growth, Inc. will post 2.12 earnings per share for the current fiscal year.

CTO Realty Growth Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 10th were paid a dividend of $0.38 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.52 annualized dividend and a yield of 7.4%. CTO Realty Growth’s dividend payout ratio is presently 111.76%.

Analyst Ratings Changes

CTO has been the topic of a number of analyst reports. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th. Weiss Ratings cut CTO Realty Growth from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 25th. Huntington initiated coverage on CTO Realty Growth in a research report on Tuesday, August 11th. They set an “outperform” rating and a $24.00 target price for the company. JonesTrading reissued a “buy” rating and set a $24.00 target price on shares of CTO Realty Growth in a report on Thursday, October 1st. Finally, Cantor Fitzgerald increased their target price on CTO Realty Growth from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $24.50.

CTO Realty Growth Company Profile

CTO Realty Growth, Inc is a self-managed real estate investment trust (REIT) that owns, manages and develops income-producing commercial real estate. The company’s portfolio is primarily composed of open-air, necessity-based retail properties and other mixed-use assets leased to national, regional and local tenants.

CTO Realty Growth focuses on properties located in attractive markets with favorable demographic and economic characteristics. Its retail centers generally serve everyday consumer needs and may be anchored by grocery stores, home improvement retailers, discount stores or other high-traffic businesses.