CTO Realty Growth (NYSE:CTO) Hits New 12-Month High – Time to Buy?

CTO Realty Growth, Inc. (NYSE:CTO) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $21.95 and last traded at $21.9170, with a volume of 402687 shares trading hands. The stock had previously closed at $21.74.

Analyst Upgrades and Downgrades

CTO has been the subject of a number of recent analyst reports. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a report on Wednesday, April 29th. Raymond James Financial reissued a “strong-buy” rating and set a $25.00 target price on shares of CTO Realty Growth in a research note on Monday. Weiss Ratings upgraded CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. JonesTrading upped their price target on CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Cantor Fitzgerald increased their price target on CTO Realty Growth from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, CTO Realty Growth presently has an average rating of “Moderate Buy” and an average price target of $23.67.

CTO Realty Growth Stock Performance

The company has a debt-to-equity ratio of 1.13, a current ratio of 3.95 and a quick ratio of 3.95. The stock has a market cap of $740.44 million, a price-to-earnings ratio of 104.37 and a beta of 0.62. The firm has a fifty day moving average of $20.43 and a 200 day moving average of $19.25.

CTO Realty Growth (NYSE:CTO) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.02 by $0.11. CTO Realty Growth had a return on equity of 2.47% and a net margin of 9.06%.The business had revenue of $41.17 million for the quarter, compared to analyst estimates of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. As a group, sell-side analysts forecast that CTO Realty Growth, Inc. will post 2.01 EPS for the current year.

CTO Realty Growth Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th will be given 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 is Thursday, June 11th. CTO Realty Growth’s payout ratio is presently 723.81%.

Institutional Investors Weigh In On CTO Realty Growth

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CTO. State of Alaska Department of Revenue raised its holdings in CTO Realty Growth by 3.5% during the fourth quarter. State of Alaska Department of Revenue now owns 16,953 shares of the company’s stock worth $311,000 after purchasing an additional 575 shares in the last quarter. Somerset Trust Co grew its position in shares of CTO Realty Growth by 8.6% in the 4th quarter. Somerset Trust Co now owns 11,600 shares of the company’s stock valued at $214,000 after buying an additional 922 shares during the last quarter. Intech Investment Management LLC raised its stake in CTO Realty Growth by 8.8% during the 4th quarter. Intech Investment Management LLC now owns 11,902 shares of the company’s stock worth $219,000 after acquiring an additional 958 shares in the last quarter. Sei Investments Co. lifted its position in CTO Realty Growth by 8.3% in the third quarter. Sei Investments Co. now owns 13,436 shares of the company’s stock valued at $219,000 after acquiring an additional 1,032 shares during the last quarter. Finally, Kennedy Capital Management LLC lifted its position in CTO Realty Growth by 0.3% in the fourth quarter. Kennedy Capital Management LLC now owns 326,556 shares of the company’s stock valued at $6,012,000 after acquiring an additional 1,069 shares during the last quarter. Hedge funds and other institutional investors 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.