CTO Realty Growth, Inc. (NYSE:CTO) Given Consensus Recommendation of “Buy” by Analysts

CTO Realty Growth, Inc. (NYSE:CTO) has been assigned an average rating of “Buy” from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $23.6667.

A number of brokerages have recently issued reports on CTO. Raymond James Financial reissued a “strong-buy” rating and issued a $25.00 price objective on shares of CTO Realty Growth in a research note on Monday, June 29th. JonesTrading lifted 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 note on Wednesday, April 29th. Weiss Ratings raised shares of 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 note on Wednesday, April 29th. Finally, Zacks Research upgraded CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th.

CTO Realty Growth Trading Down 1.7%

Shares of NYSE:CTO opened at $21.80 on Friday. The stock has a 50 day moving average of $21.05 and a 200 day moving average of $19.72. The company has a market cap of $736.27 million, a PE ratio of 103.80 and a beta of 0.60. The company has a current ratio of 3.95, a quick ratio of 3.95 and a debt-to-equity ratio of 1.13. CTO Realty Growth has a 12-month low of $15.06 and a 12-month high of $22.66.

CTO Realty Growth (NYSE:CTO) last released its earnings results on Tuesday, April 28th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11. CTO Realty Growth had a net margin of 9.06% and a return on equity of 2.47%. The company had revenue of $41.17 million for the quarter, compared to analysts’ expectations of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. As a group, equities research analysts expect that CTO Realty Growth will post 2.1 EPS for the current year.

CTO Realty Growth Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th were paid a $0.38 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.0%. CTO Realty Growth’s dividend payout ratio is 723.81%.

Institutional Trading of CTO Realty Growth

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new stake in CTO Realty Growth during the 1st quarter valued at approximately $1,724,000. JPMorgan Chase & Co. boosted its stake in CTO Realty Growth by 64.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 163,158 shares of the company’s stock worth $2,816,000 after purchasing an additional 63,926 shares during the period. Rhumbline Advisers boosted its stake in CTO Realty Growth by 10.2% in the 2nd quarter. Rhumbline Advisers now owns 55,816 shares of the company’s stock worth $963,000 after purchasing an additional 5,167 shares during the period. Invesco Ltd. grew its holdings in CTO Realty Growth by 3.4% during the 2nd quarter. Invesco Ltd. now owns 522,721 shares of the company’s stock valued at $9,022,000 after buying an additional 17,334 shares in the last quarter. Finally, Brown Advisory Inc. purchased a new stake in CTO Realty Growth during the 2nd quarter valued at approximately $357,000. Institutional investors own 67.18% of the company’s stock.

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.