CTO Realty Growth (NYSE:CTO) Hits New 1-Year High – What’s Next?
by Mitch Edgeman · The Markets DailyCTO Realty Growth, Inc. (NYSE:CTO – Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $21.00 and last traded at $20.9730, with a volume of 57590 shares trading hands. The stock had previously closed at $20.62.
Analyst Upgrades and Downgrades
CTO has been the topic of several recent research reports. Cantor Fitzgerald upped their price target on CTO Realty Growth from $22.00 to $23.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Weiss Ratings upgraded 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 reaffirmed a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, April 29th. Finally, JonesTrading lifted their price target on shares of CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $23.00.
Get Our Latest Report on CTO Realty Growth
CTO Realty Growth Trading Up 1.2%
The stock has a 50-day moving average of $19.87 and a two-hundred day moving average of $18.93. The company has a market cap of $704.68 million, a P/E ratio of 99.39 and a beta of 0.62. The company has a debt-to-equity ratio of 1.13, a quick ratio of 3.95 and a current ratio of 3.95.
CTO Realty Growth (NYSE:CTO – Get Free Report) last released its 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 the consensus estimate of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. On average, equities research analysts predict that CTO Realty Growth, Inc. will post 2.01 earnings per share for the current year.
CTO Realty Growth Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors 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 yield of 7.3%. The ex-dividend date of this dividend is Thursday, June 11th. CTO Realty Growth’s dividend payout ratio is 723.81%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of CTO. Clearstead Advisors LLC grew its holdings in shares of CTO Realty Growth by 231.9% during the fourth quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock valued at $33,000 after buying an additional 1,250 shares during the last quarter. CIBC Private Wealth Group LLC bought a new position in CTO Realty Growth in the 3rd quarter valued at approximately $37,000. Signaturefd LLC boosted its stake 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 last quarter. Tower Research Capital LLC TRC increased its holdings in shares of CTO Realty Growth by 51.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock worth $63,000 after purchasing an additional 1,245 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of CTO Realty Growth in the 4th quarter worth $112,000. 67.18% of the stock is owned by hedge funds and other institutional investors.
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.