CTO Realty Growth (NYSE:CTO) Sees Strong Trading Volume – Here’s What Happened

CTO Realty Growth, Inc. (NYSE:CTO) shares saw an uptick in trading volume on Tuesday . 829,481 shares changed hands during trading, an increase of 202% from the previous session’s volume of 274,596 shares.The stock last traded at $20.35 and had previously closed at $20.38.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CTO. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a report on Wednesday, April 29th. JonesTrading lifted their target price on CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Weiss Ratings raised shares of CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Finally, 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 note on Thursday, April 30th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, CTO Realty Growth presently has an average rating of “Moderate Buy” and a consensus target price of $23.00.

CTO Realty Growth Trading Up 0.4%

The firm has a market capitalization of $691.48 million, a P/E ratio of 97.48 and a beta of 0.62. The company has a quick ratio of 3.95, a current ratio of 3.95 and a debt-to-equity ratio of 1.13. The firm has a 50 day moving average of $19.50 and a 200-day moving average of $18.71.

CTO Realty Growth (NYSE:CTO) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.11. The firm had revenue of $41.17 million during the quarter, compared to analysts’ expectations of $38.89 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 2.190-2.240 EPS. On average, equities research analysts predict that CTO Realty Growth, Inc. will post 2.01 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CTO Realty Growth

Several hedge funds and other institutional investors have recently made changes to their positions in CTO. SummitTX Capital L.P. acquired a new stake in shares of CTO Realty Growth during the 3rd quarter worth approximately $3,016,000. Crossingbridge Advisors LLC lifted its stake in CTO Realty Growth by 154.4% during the third quarter. Crossingbridge Advisors LLC now owns 268,079 shares of the company’s stock worth $4,273,000 after purchasing an additional 162,689 shares during the last quarter. Invesco Ltd. increased its stake in shares of CTO Realty Growth by 27.1% in the 3rd quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock valued at $10,828,000 after purchasing an additional 141,574 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of CTO Realty Growth during the 1st quarter worth $1,953,000. Finally, Prevail Innovative Wealth Advisors LLC boosted its stake in CTO Realty Growth by 40.4% in the third quarter. Prevail Innovative Wealth Advisors LLC now owns 360,108 shares of the company’s stock valued at $5,870,000 after buying an additional 103,648 shares in the last quarter. 67.18% of the stock is currently owned by institutional investors and hedge funds.

About CTO Realty Growth

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.