CTO Realty Growth (NYSE:CTO) Hits New 1-Year High – Still a Buy?

CTO Realty Growth, Inc. (NYSE:CTO)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $22.02 and last traded at $22.02, with a volume of 67619 shares traded. The stock had previously closed at $21.52.

Analyst Upgrades and Downgrades

CTO has been the subject of a number of research reports. Weiss Ratings upgraded CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a report on Wednesday, April 29th. Zacks Research raised CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. JonesTrading increased their target price on CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, 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 report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, CTO Realty Growth presently has a consensus rating of “Buy” and an average target price of $23.67.

CTO Realty Growth Stock Down 0.6%

The firm has a fifty day simple moving average of $20.88 and a 200-day simple moving average of $19.60. The company has a market capitalization of $750.93 million, a PE ratio of 105.86 and a beta of 0.60. 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) last issued its quarterly 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. The business had revenue of $41.17 million during the quarter, compared to analyst estimates of $38.89 million. CTO Realty Growth had a net margin of 9.06% and a return on equity of 2.47%. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. Equities research analysts anticipate that CTO Realty Growth, Inc. will post 2.1 EPS for the current fiscal year.

CTO Realty Growth Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date was Thursday, June 11th. CTO Realty Growth’s dividend payout ratio is 723.81%.

Hedge Funds Weigh In On CTO Realty Growth

Hedge funds have recently bought and sold shares of the company. Clearstead Advisors LLC lifted its holdings in CTO Realty Growth by 231.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock worth $33,000 after buying an additional 1,250 shares during the last quarter. CIBC Private Wealth Group LLC bought a new stake in shares of CTO Realty Growth in the 3rd quarter valued at approximately $37,000. Signaturefd LLC raised its position 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 valued at $44,000 after acquiring an additional 1,599 shares in the last quarter. Tower Research Capital LLC TRC raised its position 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 valued at $63,000 after acquiring an additional 1,245 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in CTO Realty Growth during the fourth quarter worth $112,000. 67.18% of the stock is currently 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.