CTO Realty Growth (NYSE:CTO) Earns Outperform Rating from Analysts at Huntington

Huntington began coverage on shares of CTO Realty Growth (NYSE:CTO) in a research note published on Tuesday, MarketBeat.com reports. The brokerage issued an outperform rating and a $24.00 price target on the stock.

A number of other research firms also recently issued reports on CTO. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $25.00 target price on shares of CTO Realty Growth in a research report on Monday, June 29th. Weiss Ratings raised CTO Realty Growth from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, August 7th. Zacks Research upgraded CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Cantor Fitzgerald increased their price objective on CTO Realty Growth from $23.00 to $25.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Finally, Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, July 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, the company currently has an average rating of “Buy” and a consensus target price of $24.50.

CTO Realty Growth Stock Up 0.6%

Shares of CTO Realty Growth stock opened at $21.97 on Tuesday. The business’s 50 day simple moving average is $21.49 and its 200 day simple moving average is $20.10. CTO Realty Growth has a 52-week low of $15.06 and a 52-week high of $22.71. The firm has a market cap of $823.69 million, a PE ratio of 16.16 and a beta of 0.60. The company has a debt-to-equity ratio of 0.99, a quick ratio of 8.69 and a current ratio of 8.69.

CTO Realty Growth (NYSE:CTO) last released its earnings results on Tuesday, July 28th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.10 by $0.28. The firm 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 8.90% and a net margin of 32.63%.CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. On average, analysts predict that CTO Realty Growth will post 2.1 earnings per share for the current fiscal year.

CTO Realty Growth Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 11th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 6.9%. The ex-dividend date was Thursday, June 11th. CTO Realty Growth’s dividend payout ratio (DPR) is 111.76%.

Hedge Funds Weigh In On CTO Realty Growth

A number of hedge funds and other institutional investors have recently bought and sold shares of CTO. Clearstead Advisors LLC lifted its position in shares of CTO Realty Growth by 231.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock valued at $33,000 after buying an additional 1,250 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new position in shares of CTO Realty Growth during the 3rd quarter worth approximately $37,000. Signaturefd LLC raised its stake in CTO Realty Growth by 200.1% in 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 during the period. Tower Research Capital LLC TRC raised its stake in CTO Realty Growth by 51.7% in 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 during the period. Finally, Virtus Advisers LLC acquired a new stake in CTO Realty Growth during the 2nd quarter valued at $120,000. 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.