CTO Realty Growth (NYSE:CTO) Hits New 1-Year High – Should You Buy?

CTO Realty Growth, Inc. (NYSE:CTO)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $20.72 and last traded at $20.7490, with a volume of 72421 shares traded. The stock had previously closed at $20.44.

Analyst Ratings Changes

CTO has been the topic of a number of recent analyst reports. Cantor Fitzgerald lifted their price target 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 lifted their price target on CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded 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 restated a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $22.67.

CTO Realty Growth Stock Performance

The company has a debt-to-equity ratio of 1.13, a current ratio of 3.95 and a quick ratio of 3.95. The stock has a market capitalization of $701.61 million, a P/E ratio of 98.91 and a beta of 0.62. The company has a 50 day simple moving average of $19.39 and a 200-day simple moving average of $18.58.

CTO Realty Growth (NYSE:CTO) last released its quarterly earnings data 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 company 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, equities analysts forecast that CTO Realty Growth, Inc. will post 2.01 EPS for the current year.

CTO Realty Growth Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors 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 7.3%. The ex-dividend date was Thursday, March 12th. CTO Realty Growth’s payout ratio is presently 723.81%.

Hedge Funds Weigh In On CTO Realty Growth

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SummitTX Capital L.P. bought a new stake in shares of CTO Realty Growth in the 3rd quarter valued at about $3,016,000. Crossingbridge Advisors LLC lifted its stake in shares of CTO Realty Growth by 154.4% in the 3rd quarter. Crossingbridge Advisors LLC now owns 268,079 shares of the company’s stock valued at $4,273,000 after acquiring an additional 162,689 shares during the last quarter. Invesco Ltd. lifted its stake in shares of CTO Realty Growth by 27.1% in the 3rd 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 during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of CTO Realty Growth in the 1st quarter valued at about $1,953,000. Finally, Prevail Innovative Wealth Advisors LLC lifted its stake in shares of CTO Realty Growth by 40.4% in the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 360,108 shares of the company’s stock valued at $5,870,000 after acquiring an additional 103,648 shares during the last quarter. 67.18% of the stock is currently owned by hedge funds and other institutional investors.

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.