Analysts at Huntington began coverage on shares of CTO Realty Growth (NYSE:CTO – Get Free Report) in a report issued on Tuesday. The firm set an “outperform” rating and a $24.00 price target on the stock. Huntington’s price objective points to a potential upside of 11.73% from the company’s previous close.
A number of other equities analysts also recently weighed in on CTO. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th. Cantor Fitzgerald raised their target price on shares of CTO Realty Growth from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Weiss Ratings raised CTO Realty Growth from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday. JonesTrading boosted their target price on shares of CTO Realty Growth from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $25.00 price objective on shares of CTO Realty Growth in a research note on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $24.50.
Check Out Our Latest Stock Report on CTO
CTO Realty Growth Stock Performance
CTO Realty Growth (NYSE:CTO – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.28. CTO Realty Growth had a net margin of 32.63% and a return on equity of 8.90%. The firm had revenue of $43.83 million for the quarter, compared to analyst estimates of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. Research analysts forecast that CTO Realty Growth will post 2.1 EPS for the current fiscal year.
Institutional Investors Weigh In On CTO Realty Growth
A number of hedge funds have recently made changes to their positions in CTO. Clearstead Advisors LLC increased its position 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 purchasing an additional 1,250 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new position in CTO Realty Growth in the 3rd quarter worth about $37,000. Signaturefd LLC raised its position in CTO Realty Growth by 200.1% in the fourth quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock valued at $44,000 after purchasing an additional 1,599 shares during the last quarter. Tower Research Capital LLC TRC raised its position in CTO Realty Growth by 51.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock valued at $63,000 after purchasing an additional 1,245 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of CTO Realty Growth during the fourth quarter valued at about $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.
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