CTO Realty Growth (NYSE:CTO) Stock Price Expected to Rise, JonesTrading Analyst Says

CTO Realty Growth (NYSE:CTO) had its price objective increased by equities research analysts at JonesTrading from $23.00 to $24.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. JonesTrading’s target price points to a potential upside of 7.15% from the company’s current price.

Several other research firms have also commented on CTO. Raymond James Financial reaffirmed a “strong-buy” rating and set a $25.00 price target on shares of CTO Realty Growth in a research report on Monday, June 29th. Zacks Research upgraded shares of CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a report on Wednesday. Cantor Fitzgerald upped 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 report on Thursday, April 30th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of CTO Realty Growth in a research note on Friday. Two 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’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $24.00.

CTO Realty Growth Stock Performance

NYSE CTO traded up $0.49 during trading hours on Wednesday, hitting $22.40. The company had a trading volume of 225,381 shares, compared to its average volume of 311,031. The business has a 50 day moving average of $21.15 and a 200-day moving average of $19.80. The company has a market cap of $756.64 million, a PE ratio of 106.67 and a beta of 0.60. CTO Realty Growth has a 1-year low of $15.06 and a 1-year high of $22.71. 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 posted its earnings results on Tuesday, July 28th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.28. CTO Realty Growth had a return on equity of 2.47% and a net margin of 9.06%.The business had revenue of $43.83 million for the quarter, compared to analysts’ expectations of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. As a group, equities research analysts expect that CTO Realty Growth will post 2.1 EPS for the current year.

Hedge Funds Weigh In On CTO Realty Growth

A number of large investors have recently bought and sold shares of CTO. Quantinno Capital Management LP lifted its stake in shares of CTO Realty Growth by 29.9% in the 1st quarter. Quantinno Capital Management LP now owns 64,829 shares of the company’s stock worth $1,199,000 after acquiring an additional 14,903 shares during the period. SummitTX Capital L.P. boosted its holdings in CTO Realty Growth by 56.5% in the 1st quarter. SummitTX Capital L.P. now owns 167,545 shares of the company’s stock valued at $3,098,000 after purchasing an additional 60,506 shares in the last quarter. Lazard Asset Management LLC acquired a new position in CTO Realty Growth during the 1st quarter worth approximately $1,449,000. Renaissance Technologies LLC increased its position in CTO Realty Growth by 0.9% during the 1st quarter. Renaissance Technologies LLC now owns 212,300 shares of the company’s stock worth $3,925,000 after purchasing an additional 1,799 shares during the period. Finally, Public Employees Retirement System of Ohio raised its stake in shares of CTO Realty Growth by 227.8% during the 1st quarter. Public Employees Retirement System of Ohio now owns 35,761 shares of the company’s stock worth $661,000 after buying an additional 24,852 shares in the last quarter. Hedge funds and other institutional investors own 67.18% of the company’s stock.

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.