CTO Realty Growth (NYSE:CTO) Hits New 52-Week High – Here’s What Happened

Shares of CTO Realty Growth, Inc. (NYSE:CTO) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $21.95 and last traded at $21.9170, with a volume of 402687 shares. The stock had previously closed at $21.74.

Wall Street Analyst Weigh In

Several analysts have weighed in on CTO shares. Raymond James Financial reaffirmed a “strong-buy” rating and set a $25.00 price objective on shares of CTO Realty Growth in a research report on Monday. Weiss Ratings raised CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, April 29th. Cantor Fitzgerald lifted their price target on 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, JonesTrading upped their price target on CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.67.

CTO Realty Growth Stock Down 0.1%

The stock’s 50 day simple moving average is $20.49 and its two-hundred day simple moving average is $19.30. The firm has a market cap of $726.00 million, a P/E ratio of 102.35 and a beta of 0.60. The company has a debt-to-equity ratio of 1.13, a current ratio of 3.95 and a quick ratio of 3.95.

CTO Realty Growth (NYSE:CTO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11. The firm had revenue of $41.17 million for 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. As a group, research analysts forecast that CTO Realty Growth, Inc. will post 2.1 earnings per share for the current year.

CTO Realty Growth Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend was Thursday, June 11th. CTO Realty Growth’s payout ratio is 723.81%.

Hedge Funds Weigh In On CTO Realty Growth

Several large investors have recently modified their holdings of CTO. Clearstead Advisors LLC grew 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 valued at $33,000 after purchasing an additional 1,250 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new position in CTO Realty Growth in the third quarter worth about $37,000. Signaturefd LLC raised its holdings in CTO Realty Growth by 200.1% in the fourth quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock worth $44,000 after buying an additional 1,599 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of 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 worth $63,000 after buying an additional 1,245 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of CTO Realty Growth during the fourth quarter valued at approximately $112,000. 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.