CTO Realty Growth (NYSE:CTO) Price Target Raised to $25.00

CTO Realty Growth (NYSE:CTO) had its target price increased by Cantor Fitzgerald from $23.00 to $25.00 in a research report released on Monday morning, Marketbeat.com reports. The brokerage currently has an overweight rating on the stock.

A number of other equities analysts also recently weighed in on the stock. JonesTrading boosted their target price on shares of CTO Realty Growth from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. 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. Weiss Ratings restated a “hold (c+)” rating on shares of CTO Realty Growth in a research report on Friday, July 24th. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, July 29th. Finally, Zacks Research upgraded CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, CTO Realty Growth presently has a consensus rating of “Buy” and a consensus price target of $24.67.

CTO Realty Growth Stock Down 0.1%

CTO stock opened at $21.82 on Monday. The company has a current ratio of 8.69, a quick ratio of 8.69 and a debt-to-equity ratio of 0.99. The company has a fifty day simple moving average of $21.32 and a 200 day simple moving average of $19.95. The firm has a market cap of $818.03 million, a PE ratio of 16.04 and a beta of 0.60. 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 announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $43.83 million for the quarter, compared to the consensus estimate of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. Sell-side analysts anticipate that CTO Realty Growth will post 2.1 EPS for the current fiscal year.

CTO Realty Growth Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date was Thursday, June 11th. CTO Realty Growth’s payout ratio is 111.76%.

Institutional Investors Weigh In On CTO Realty Growth

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. SummitTX Capital L.P. acquired a new position in CTO Realty Growth during the 3rd quarter worth approximately $3,016,000. Invesco Ltd. grew its position 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 in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of CTO Realty Growth in the first quarter valued at about $1,953,000. Vanguard Group Inc. increased its position in shares of CTO Realty Growth by 3.4% in the third quarter. Vanguard Group Inc. now owns 3,139,307 shares of the company’s stock valued at $51,171,000 after acquiring an additional 102,630 shares during the last quarter. Finally, FJ Capital Management LLC bought a new stake in CTO Realty Growth during the fourth quarter worth about $1,652,000. 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.