CTO Realty Growth (NYSE:CTO) Reaches New 12-Month High – Should You Buy?

Shares of CTO Realty Growth, Inc. (NYSE:CTO) reached a new 52-week high on Wednesday . The company traded as high as $21.13 and last traded at $21.08, with a volume of 24361 shares. The stock had previously closed at $20.83.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CTO shares. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, April 29th. JonesTrading upped their target price on shares of CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Cantor Fitzgerald raised their price target on shares of CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings upgraded CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $23.00.

CTO Realty Growth Price Performance

The business has a 50-day simple moving average of $20.28 and a two-hundred day simple moving average of $19.16. The company has a quick ratio of 3.95, a current ratio of 3.95 and a debt-to-equity ratio of 1.13. The stock has a market capitalization of $712.00 million, a price-to-earnings ratio of 100.45 and a beta of 0.62.

CTO Realty Growth (NYSE:CTO) last released its earnings results on Tuesday, April 28th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm 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, research analysts predict that CTO Realty Growth, Inc. will post 2.01 earnings per share for the current fiscal year.

CTO Realty Growth Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 11th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Thursday, June 11th. CTO Realty Growth’s payout ratio is presently 723.81%.

Institutional Trading of CTO Realty Growth

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Clearstead Advisors LLC increased its holdings 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 valued at $33,000 after buying an additional 1,250 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new stake in shares of CTO Realty Growth during the 3rd quarter valued at $37,000. Signaturefd LLC boosted its stake in shares of CTO Realty Growth by 200.1% during the 4th quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock worth $44,000 after acquiring an additional 1,599 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of 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 worth $63,000 after acquiring an additional 1,245 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of CTO Realty Growth in the 4th quarter worth $112,000. 67.18% of the stock is owned by institutional investors and hedge funds.

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.