CTO Realty Growth’s (CTO) “Buy” Rating Reiterated at JonesTrading

JonesTrading restated their buy rating on shares of CTO Realty Growth (NYSE:CTO) in a report published on Tuesday morning,Benzinga reports. JonesTrading currently has a $21.00 target price on the stock.

CTO has been the topic of a number of other research reports. Zacks Research cut CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research report on Friday, February 20th. Cantor Fitzgerald raised shares of CTO Realty Growth to a “strong-buy” rating in a research note on Wednesday, February 4th. Finally, Weiss Ratings raised CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, CTO Realty Growth presently has an average rating of “Buy” and a consensus price target of $21.50.

CTO Realty Growth Trading Up 0.4%

CTO stock opened at $19.61 on Tuesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 4.88 and a quick ratio of 4.88. The stock has a market capitalization of $638.50 million, a price-to-earnings ratio of 217.91 and a beta of 0.64. The business has a fifty day moving average price of $18.39 and a 200 day moving average price of $17.39. CTO Realty Growth has a fifty-two week low of $15.06 and a fifty-two week high of $20.25.

CTO Realty Growth (NYSE:CTO) last issued its quarterly earnings results 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. CTO Realty Growth had a net margin of 6.75% and a return on equity of 1.76%. The business had revenue of $38.34 million during the quarter, compared to analyst estimates of $37.91 million. CTO Realty Growth has set its FY 2026 guidance at 2.110-2.160 EPS. Analysts expect that CTO Realty Growth will post 1.92 EPS for the current fiscal year.

CTO Realty Growth Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 12th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 7.8%. The ex-dividend date is Thursday, March 12th. CTO Realty Growth’s dividend payout ratio is presently 1,688.89%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CTO. State of Alaska Department of Revenue increased its position in shares of CTO Realty Growth by 3.5% during the 4th quarter. State of Alaska Department of Revenue now owns 16,953 shares of the company’s stock worth $311,000 after purchasing an additional 575 shares during the last quarter. Somerset Trust Co grew its stake in shares of CTO Realty Growth by 8.6% in the fourth quarter. Somerset Trust Co now owns 11,600 shares of the company’s stock valued at $214,000 after buying an additional 922 shares in the last quarter. M&G PLC increased its holdings in CTO Realty Growth by 8.2% during the third quarter. M&G PLC now owns 12,413 shares of the company’s stock worth $199,000 after buying an additional 940 shares during the last quarter. Intech Investment Management LLC increased its holdings in CTO Realty Growth by 8.8% during the fourth quarter. Intech Investment Management LLC now owns 11,902 shares of the company’s stock worth $219,000 after buying an additional 958 shares during the last quarter. Finally, Sei Investments Co. raised its position in CTO Realty Growth by 8.3% during the third quarter. Sei Investments Co. now owns 13,436 shares of the company’s stock worth $219,000 after acquiring an additional 1,032 shares in the last quarter. 67.18% of the stock is currently owned by institutional investors.

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.