CTO Realty Growth, Inc. (NYSE:CTO) Receives $21.00 Average Price Target from Brokerages

CTO Realty Growth, Inc. (NYSE:CTO) has earned an average rating of “Buy” from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. Two 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 target price among brokers that have issued a report on the stock in the last year is $21.00.

CTO has been the topic of a number of analyst reports. JonesTrading reaffirmed a “buy” rating and set a $21.00 price objective on shares of CTO Realty Growth in a research note on Tuesday, February 24th. Cantor Fitzgerald raised shares of CTO Realty Growth to a “strong-buy” rating in a report on Wednesday, February 4th. Zacks Research lowered shares of CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. 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. Finally, Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research report on Friday, February 20th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CTO. Mercer Global Advisors Inc. ADV boosted its holdings in shares of CTO Realty Growth by 11.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 21,895 shares of the company’s stock worth $403,000 after purchasing an additional 2,185 shares during the period. VARCOV Co. bought a new stake in shares of CTO Realty Growth in the fourth quarter worth about $311,000. Miller Value Partners LLC increased its holdings in CTO Realty Growth by 1.2% during the 4th quarter. Miller Value Partners LLC now owns 434,145 shares of the company’s stock valued at $7,993,000 after purchasing an additional 5,000 shares during the period. First Manhattan CO. LLC. raised its position in CTO Realty Growth by 33.1% during the 4th quarter. First Manhattan CO. LLC. now owns 20,200 shares of the company’s stock valued at $372,000 after purchasing an additional 5,025 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in CTO Realty Growth by 132.8% during the 4th quarter. AQR Capital Management LLC now owns 155,575 shares of the company’s stock valued at $2,864,000 after purchasing an additional 88,743 shares during the last quarter. Hedge funds and other institutional investors own 67.18% of the company’s stock.

CTO Realty Growth Stock Performance

Shares of CTO stock opened at $18.09 on Friday. The firm has a market capitalization of $589.11 million, a PE ratio of 201.06 and a beta of 0.59. The firm has a fifty day simple moving average of $18.73 and a two-hundred day simple moving average of $17.71. CTO Realty Growth has a 12 month low of $15.06 and a 12 month high of $20.25. The company has a current ratio of 4.88, a quick ratio of 4.88 and a debt-to-equity ratio of 1.09.

CTO Realty Growth (NYSE:CTO) 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 net margin of 6.75% and a return on equity of 1.76%. The business 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. Analysts forecast that CTO Realty Growth will post 1.92 EPS for the current fiscal year.

CTO Realty Growth Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date of this dividend is Thursday, March 12th. CTO Realty Growth’s payout ratio is currently 1,688.89%.

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.