CTO Realty Growth (NYSE:CTO) Hits New 1-Year High Following Analyst Upgrade

CTO Realty Growth, Inc. (NYSE:CTO) shares hit a new 52-week high during trading on Tuesday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $21.95 and last traded at $21.9170, with a volume of 402687 shares traded. The stock had previously closed at $21.74.

A number of other brokerages also recently issued reports on CTO. Cantor Fitzgerald raised their price objective on CTO Realty Growth from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Weiss Ratings upgraded CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. JonesTrading increased their target price on shares of CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a report on Wednesday, April 29th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $25.00 price target on shares of CTO Realty Growth in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $23.67.

Institutional Investors Weigh In On CTO Realty Growth

Several institutional investors and hedge funds have recently made changes to their positions in the business. Clearstead Advisors LLC grew its stake in CTO Realty Growth by 231.9% during 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 during the period. CIBC Private Wealth Group LLC acquired a new position in CTO Realty Growth in the third quarter valued at approximately $37,000. Signaturefd LLC boosted its holdings in shares of CTO Realty Growth by 200.1% during the 4th quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock worth $44,000 after buying an additional 1,599 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of CTO Realty Growth by 51.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock worth $63,000 after buying an additional 1,245 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of CTO Realty Growth during the 4th quarter worth approximately $112,000. Institutional investors own 67.18% of the company’s stock.

CTO Realty Growth Stock Down 0.1%

The firm’s 50 day moving average price is $20.49 and its two-hundred day moving average price is $19.30. The company has a market cap of $726.00 million, a P/E ratio of 102.35 and a beta of 0.60. The company has a debt-to-equity ratio of 1.13, a quick ratio of 3.95 and a current ratio of 3.95.

CTO Realty Growth (NYSE:CTO) last released 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. The company had revenue of $41.17 million for the quarter, compared to the consensus estimate of $38.89 million. CTO Realty Growth had a net margin of 9.06% and a return on equity of 2.47%. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. Equities research analysts anticipate that CTO Realty Growth, Inc. will post 2.1 EPS for the current fiscal year.

CTO Realty Growth Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th were issued a dividend of $0.38 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.52 annualized dividend and a dividend yield of 7.1%. 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.