CTO Realty Growth (NYSE:CTO) Hits New 12-Month High – Should You Buy?

CTO Realty Growth, Inc. (NYSE:CTO)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $21.00 and last traded at $20.9730, with a volume of 57590 shares changing hands. The stock had previously closed at $20.62.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on CTO shares. Cantor Fitzgerald lifted their price objective on CTO Realty Growth from $22.00 to $23.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. JonesTrading raised their price target on shares of CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded shares of CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Finally, Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a report on Wednesday, April 29th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

CTO Realty Growth Trading Up 1.2%

The company has a current ratio of 3.95, a quick ratio of 3.95 and a debt-to-equity ratio of 1.13. The stock has a market capitalization of $704.68 million, a PE ratio of 99.39 and a beta of 0.62. The stock has a 50 day moving average price of $19.87 and a 200-day moving average price of $18.93.

CTO Realty Growth (NYSE:CTO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.13 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 company had revenue of $41.17 million during the quarter, compared to analysts’ expectations of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. Sell-side analysts expect that CTO Realty Growth, Inc. will post 2.01 earnings per share for the current year.

CTO Realty Growth Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Thursday, June 11th. CTO Realty Growth’s dividend payout ratio is 723.81%.

Hedge Funds Weigh In On CTO Realty Growth

A number of institutional investors and hedge funds have recently made changes to their positions in CTO. Vanguard Group Inc. grew its position 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 valued at $58,287,000 after buying an additional 26,760 shares during the period. Geode Capital Management LLC boosted its stake in shares of CTO Realty Growth by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 814,270 shares of the company’s stock worth $14,994,000 after acquiring an additional 13,592 shares during the last quarter. Invesco Ltd. boosted its stake in shares of CTO Realty Growth by 27.1% during the 3rd quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock worth $10,828,000 after acquiring an additional 141,574 shares during the last quarter. Ingalls & Snyder LLC grew its position in shares of CTO Realty Growth by 20.3% during the 3rd quarter. Ingalls & Snyder LLC now owns 474,272 shares of the company’s stock valued at $7,731,000 after acquiring an additional 79,960 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of CTO Realty Growth by 6.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 443,746 shares of the company’s stock worth $8,205,000 after purchasing an additional 24,989 shares in the last quarter. Hedge funds and other institutional investors own 67.18% of the company’s stock.

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.