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

CTO Realty Growth, Inc. (NYSE:CTO)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $21.13 and last traded at $21.08, with a volume of 24361 shares traded. The stock had previously closed at $20.83.

Wall Street Analyst Weigh In

CTO has been the topic of several recent analyst reports. JonesTrading boosted their target price 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 CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, April 29th. Finally, Cantor Fitzgerald raised their target price 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. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $23.00.

CTO Realty Growth Price Performance

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 cap of $714.45 million, a PE ratio of 100.72 and a beta of 0.62. The company has a fifty day moving average of $20.35 and a 200-day moving average of $19.20.

CTO Realty Growth (NYSE:CTO) last announced its earnings results on Tuesday, April 28th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.11. The company had revenue of $41.17 million during the quarter, compared to analysts’ expectations of $38.89 million. CTO Realty Growth had a return on equity of 2.47% and a net margin of 9.06%.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 EPS for the current fiscal year.

CTO Realty Growth Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 11th will be issued a $0.38 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.2%. CTO Realty Growth’s payout ratio is 723.81%.

Institutional Investors Weigh In On CTO Realty Growth

A number of hedge funds have recently added to or reduced their stakes in CTO. SummitTX Capital L.P. purchased a new position in CTO Realty Growth in the 3rd quarter valued at approximately $3,016,000. Crossingbridge Advisors LLC raised its stake in shares of CTO Realty Growth by 154.4% in the third 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 in the last quarter. Invesco Ltd. boosted its holdings in CTO Realty Growth by 27.1% in the third quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock valued at $10,828,000 after purchasing an additional 141,574 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in CTO Realty Growth in the first quarter valued at $1,953,000. Finally, Prevail Innovative Wealth Advisors LLC grew its stake in CTO Realty Growth by 40.4% during the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 360,108 shares of the company’s stock worth $5,870,000 after purchasing an additional 103,648 shares in the last quarter. 67.18% of the stock is currently owned by institutional investors and hedge funds.

CTO Realty Growth Company Profile

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.