CTO Realty Growth, Inc. (NYSE:CTO) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of CTO Realty Growth, Inc. (NYSE:CTO) have been given a consensus rating of “Buy” by the seven ratings firms that are currently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $24.50.

CTO has been the topic of several recent analyst reports. Huntington began coverage on shares of CTO Realty Growth in a research note on Tuesday, August 11th. They set an “outperform” rating and a $24.00 target price on the stock. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, July 29th. Weiss Ratings raised CTO Realty Growth from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, August 7th. Zacks Research upgraded CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Finally, JonesTrading raised their price objective on CTO Realty Growth from $23.00 to $24.00 and gave the company a “buy” rating in a report on Wednesday, July 29th.

CTO Realty Growth Stock Performance

Shares of NYSE CTO opened at $21.90 on Tuesday. The company has a market capitalization of $821.03 million, a PE ratio of 16.10 and a beta of 0.60. The company has a debt-to-equity ratio of 0.99, a quick ratio of 8.69 and a current ratio of 8.69. The company’s fifty day moving average price is $21.55 and its 200 day moving average price is $20.16. CTO Realty Growth has a 1 year low of $15.06 and a 1 year high of $22.71.

CTO Realty Growth (NYSE:CTO) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.28. CTO Realty Growth had a net margin of 32.63% and a return on equity of 8.90%. The company had revenue of $43.83 million during the quarter, compared to analysts’ expectations of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. On average, research analysts predict that CTO Realty Growth will post 2.1 earnings per share for the current year.

CTO Realty Growth Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend was Thursday, June 11th. CTO Realty Growth’s dividend payout ratio is presently 111.76%.

Institutional Investors Weigh In On CTO Realty Growth

A number of institutional investors have recently added to or reduced their stakes in CTO. Clearstead Advisors LLC increased its holdings in CTO Realty Growth by 231.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock worth $33,000 after acquiring an additional 1,250 shares in the last quarter. CIBC Private Wealth Group LLC purchased a new position in CTO Realty Growth during the third quarter valued at $37,000. Legal & General Group Plc purchased a new position in CTO Realty Growth during the second quarter valued at $70,000. Tower Research Capital LLC TRC grew its position in shares of CTO Realty Growth by 51.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock valued at $63,000 after purchasing an additional 1,245 shares during the period. Finally, Virtus Advisers LLC acquired a new stake in shares of CTO Realty Growth in the second quarter valued at about $120,000. Institutional investors and hedge funds 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.