CTO Realty Growth, Inc. (NYSE:CTO – Get Free Report) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 738,067 shares, an increase of 21.8% from the February 26th total of 605,843 shares. Approximately 2.4% of the company’s shares are sold short. Based on an average trading volume of 344,047 shares, the days-to-cover ratio is presently 2.1 days.
Wall Street Analyst Weigh In
CTO has been the subject of several research reports. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a research note on Friday, February 20th. Cantor Fitzgerald upgraded CTO Realty Growth to a “strong-buy” rating in a report on Wednesday, February 4th. Zacks Research cut CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Weiss Ratings upgraded CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, February 4th. Finally, JonesTrading reaffirmed a “buy” rating and issued a $21.00 price target on shares of CTO Realty Growth in a research report on Tuesday, February 24th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, CTO Realty Growth has an average rating of “Buy” and a consensus price target of $21.00.
Get Our Latest Report on CTO Realty Growth
Institutional Trading of CTO Realty Growth
CTO Realty Growth Trading Up 0.2%
NYSE CTO opened at $18.53 on Thursday. CTO Realty Growth has a 52 week low of $15.06 and a 52 week high of $20.25. The firm has a 50 day moving average of $18.74 and a two-hundred day moving average of $17.74. The company has a quick ratio of 4.88, a current ratio of 4.88 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $603.34 million, a PE ratio of 205.91 and a beta of 0.59.
CTO Realty Growth (NYSE:CTO – Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.32. The business had revenue of $38.34 million for the quarter, compared to analyst estimates of $37.91 million. CTO Realty Growth had a net margin of 6.75% and a return on equity of 1.76%. CTO Realty Growth has set its FY 2026 guidance at 2.110-2.160 EPS. As a group, research analysts expect that CTO Realty Growth will post 1.92 EPS for the current fiscal year.
CTO Realty Growth Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 8.2%. The ex-dividend date was Thursday, March 12th. CTO Realty Growth’s dividend payout ratio is currently 1,688.89%.
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.
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