CTO Realty Growth (NYSE:CTO) Hits New 12-Month High After Earnings Beat

CTO Realty Growth, Inc. (NYSE:CTO)’s stock price reached a new 52-week high during mid-day trading on Wednesday following a stronger than expected earnings report. The company traded as high as $22.71 and last traded at $22.5540, with a volume of 136781 shares. The stock had previously closed at $21.91.

The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.28. The business had revenue of $43.83 million for the quarter, compared to analysts’ expectations of $42.31 million. CTO Realty Growth had a return on equity of 2.47% and a net margin of 9.06%.CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS.

CTO Realty Growth Announces Dividend

The firm 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. The ex-dividend date was Thursday, June 11th. This represents a $1.52 annualized dividend and a dividend yield of 6.7%. CTO Realty Growth’s dividend payout ratio (DPR) is presently 723.81%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CTO. Weiss Ratings restated a “hold (c+)” rating on shares of CTO Realty Growth in a research note on Friday. Zacks Research upgraded shares of CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Raymond James Financial reissued a “strong-buy” rating and set a $25.00 target price on shares of CTO Realty Growth in a report on Monday, June 29th. Cantor Fitzgerald increased their target price on CTO Realty Growth from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $23.67.

Institutional Trading of CTO Realty Growth

A number of large investors have recently modified their holdings of CTO. Pinnacle Wealth Management Advisory Group LLC bought a new stake in CTO Realty Growth during the fourth quarter valued at approximately $471,000. Y Intercept Hong Kong Ltd bought a new position in shares of CTO Realty Growth in the 1st quarter worth $1,953,000. Vanguard Group Inc. increased its holdings in shares of CTO Realty Growth by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 3,166,067 shares of the company’s stock worth $58,287,000 after buying an additional 26,760 shares during the last quarter. State of New Jersey Common Pension Fund D raised its position in shares of CTO Realty Growth by 16.1% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 289,068 shares of the company’s stock valued at $5,322,000 after buying an additional 40,000 shares in the last quarter. Finally, FJ Capital Management LLC purchased a new stake in shares of CTO Realty Growth during the 4th quarter valued at $1,652,000. Institutional investors own 67.18% of the company’s stock.

CTO Realty Growth Price Performance

The company has a current ratio of 3.95, a quick ratio of 3.95 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $761.87 million, a P/E ratio of 107.31 and a beta of 0.60. The business’s fifty day moving average price is $21.15 and its 200-day moving average price is $19.80.

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.