Brokerages Set CTO Realty Growth, Inc. (NYSE:CTO) PT at $21.00

Shares of CTO Realty Growth, Inc. (NYSE:CTO) have received an average rating of “Buy” from the six research firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $21.00.

A number of brokerages recently weighed in on CTO. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research note on Friday, February 20th. Weiss Ratings raised CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. Cantor Fitzgerald upgraded CTO Realty Growth to a “strong-buy” rating in a report on Wednesday, February 4th. Finally, JonesTrading reiterated a “buy” rating and set a $21.00 price objective on shares of CTO Realty Growth in a report on Tuesday, February 24th.

Institutional Trading of CTO Realty Growth

A number of hedge funds and other institutional investors have recently made changes to their positions in CTO. Clearstead Advisors LLC lifted its position in shares of CTO Realty Growth by 231.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock worth $33,000 after purchasing an additional 1,250 shares in the last quarter. CIBC Private Wealth Group LLC bought a new position in CTO Realty Growth in the third quarter valued at $37,000. Signaturefd LLC increased its stake in CTO Realty Growth by 200.1% in the 4th quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock valued at $44,000 after buying an additional 1,599 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in CTO Realty Growth by 51.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock valued at $63,000 after buying an additional 1,245 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in CTO Realty Growth during the 4th quarter worth about $112,000. 67.18% of the stock is currently owned by institutional investors and hedge funds.

CTO Realty Growth Stock Performance

Shares of CTO opened at $20.04 on Thursday. The firm has a market cap of $652.34 million, a P/E ratio of 222.64 and a beta of 0.60. CTO Realty Growth has a twelve month low of $15.06 and a twelve month high of $20.25. The company has a debt-to-equity ratio of 1.09, a quick ratio of 4.88 and a current ratio of 4.88. The firm’s 50 day moving average price is $19.12 and its two-hundred day moving average price is $18.05.

CTO Realty Growth (NYSE:CTO) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.32. CTO Realty Growth had a net margin of 6.75% and a return on equity of 1.76%. The company had revenue of $38.34 million during the quarter, compared to the consensus estimate of $37.91 million. CTO Realty Growth has set its FY 2026 guidance at 2.110-2.160 EPS. On average, analysts forecast that CTO Realty Growth will post 2.01 EPS for the current fiscal year.

CTO Realty Growth Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $1.52 dividend on an annualized basis and a yield of 7.6%. CTO Realty Growth’s dividend payout ratio is 1,688.89%.

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.