CTO Realty Growth, Inc. (NYSE:CTO – Get Free Report) has been given an average rating of “Buy” by the six brokerages that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $21.00.
A number of equities research analysts have weighed in on CTO shares. Weiss Ratings raised shares of CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, February 4th. JonesTrading reaffirmed a “buy” rating and set a $21.00 price target on shares of CTO Realty Growth in a research note on Tuesday, February 24th. Cantor Fitzgerald upgraded shares of CTO Realty Growth to a “strong-buy” rating in a report on Wednesday, February 4th. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research note on Friday, February 20th. Finally, Zacks Research downgraded CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th.
Get Our Latest Analysis on CTO Realty Growth
CTO Realty Growth Stock Performance
CTO Realty Growth (NYSE:CTO – Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.32. CTO Realty Growth had a return on equity of 1.76% and a net margin of 6.75%.The company had revenue of $38.34 million for the quarter, compared to analysts’ expectations of $37.91 million. CTO Realty Growth has set its FY 2026 guidance at 2.110-2.160 EPS. Equities research analysts forecast that CTO Realty Growth will post 1.92 EPS for the current year.
CTO Realty Growth Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Thursday, March 12th. CTO Realty Growth’s payout ratio is 1,688.89%.
Hedge Funds Weigh In On CTO Realty Growth
A number of hedge funds have recently made changes to their positions in CTO. Clearstead Advisors LLC lifted its stake in shares of CTO Realty Growth by 231.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock worth $33,000 after acquiring an additional 1,250 shares during the period. CIBC Private Wealth Group LLC bought a new stake in CTO Realty Growth in the third quarter valued at approximately $37,000. Signaturefd LLC increased its position in CTO Realty Growth by 200.1% during the 4th quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock valued at $44,000 after purchasing an additional 1,599 shares during the period. Tower Research Capital LLC TRC increased its position in 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 valued at $63,000 after purchasing an additional 1,245 shares during the period. Finally, SG Americas Securities LLC bought a new position in CTO Realty Growth during the 4th quarter worth approximately $112,000. 67.18% of the stock is currently owned by institutional investors.
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.
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