CTO Realty Growth (NYSE:CTO) Cut to “Hold” at Zacks Research

CTO Realty Growth (NYSE:CTO) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.

A number of other equities analysts have also issued reports on the stock. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th. Huntington started coverage on shares of CTO Realty Growth in a report on Tuesday, August 11th. They issued an “outperform” rating and a $24.00 price target for the company. Cantor Fitzgerald raised their price target on shares of CTO Realty Growth from $23.00 to $25.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. JonesTrading raised their price target on shares of CTO Realty Growth from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Raymond James Financial restated a “strong-buy” rating and set a $25.00 price objective on shares of CTO Realty Growth in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, CTO Realty Growth currently has a consensus rating of “Buy” and a consensus target price of $24.50.

CTO Realty Growth Stock Performance

CTO opened at $21.49 on Monday. The company has a quick ratio of 8.69, a current ratio of 8.69 and a debt-to-equity ratio of 0.99. The stock’s 50 day moving average price is $21.77 and its two-hundred day moving average price is $20.44. The firm has a market capitalization of $805.66 million, a P/E ratio of 15.80 and a beta of 0.60. CTO Realty Growth has a 12-month low of $15.06 and a 12-month high of $22.71.

CTO Realty Growth (NYSE:CTO) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.28. CTO Realty Growth had a return on equity of 8.90% and a net margin of 32.63%.The company had revenue of $43.83 million during the quarter, compared to analyst estimates of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. On average, equities analysts forecast that CTO Realty Growth will post 2.12 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Clearstead Advisors LLC boosted 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 buying an additional 1,250 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new position in shares of CTO Realty Growth in the 3rd quarter valued at $37,000. Tower Research Capital LLC TRC lifted 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 acquiring an additional 1,245 shares during the period. Legal & General Group Plc bought a new position in shares of CTO Realty Growth during the 2nd quarter worth about $70,000. Finally, Virtus Advisers LLC acquired a new stake in shares of CTO Realty Growth during the 2nd quarter valued at about $120,000. 67.18% of the stock is currently owned by institutional investors and hedge funds.

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.