CTO Realty Growth, Inc. (NYSE:CTO) Receives Average Rating of “Moderate Buy” from Brokerages

CTO Realty Growth, Inc. (NYSE:CTO) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $22.6667.

A number of research firms recently issued reports on CTO. JonesTrading upped their target price on CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings raised CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, April 29th. Finally, Cantor Fitzgerald increased their price target on CTO Realty Growth from $22.00 to $23.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. State of Alaska Department of Revenue lifted its stake in shares of CTO Realty Growth by 3.5% during the 4th quarter. State of Alaska Department of Revenue now owns 16,953 shares of the company’s stock worth $311,000 after purchasing an additional 575 shares during the period. Somerset Trust Co lifted its stake in shares of CTO Realty Growth by 8.6% during the 4th quarter. Somerset Trust Co now owns 11,600 shares of the company’s stock worth $214,000 after purchasing an additional 922 shares during the period. M&G PLC lifted its stake in shares of CTO Realty Growth by 8.2% during the 3rd quarter. M&G PLC now owns 12,413 shares of the company’s stock worth $199,000 after purchasing an additional 940 shares during the period. Intech Investment Management LLC lifted its stake in shares of 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 during the period. Finally, Sei Investments Co. lifted its stake in shares of 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 during the period. Hedge funds and other institutional investors own 67.18% of the company’s stock.

CTO Realty Growth Price Performance

CTO stock opened at $20.26 on Monday. CTO Realty Growth has a 1 year low of $15.06 and a 1 year high of $20.67. The company has a debt-to-equity ratio of 1.13, a quick ratio of 3.95 and a current ratio of 3.95. The stock’s 50 day moving average price is $19.31 and its 200 day moving average price is $18.38. The firm has a market cap of $684.25 million, a P/E ratio of 96.46 and a beta of 0.62.

CTO Realty Growth (NYSE:CTO) last posted its earnings results on Tuesday, April 28th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.11. CTO Realty Growth had a return on equity of 2.47% and a net margin of 9.06%.The firm had revenue of $41.17 million for the quarter, compared to analyst estimates of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. On average, sell-side analysts expect that CTO Realty Growth will post 2.01 earnings per share for the current fiscal year.

CTO Realty Growth Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend was Thursday, March 12th. CTO Realty Growth’s dividend payout ratio is currently 723.81%.

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.