CTO Realty Growth (NYSE:CTO – Get Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.
Several other research firms have also recently weighed in on CTO. Weiss Ratings upgraded shares of CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Cantor Fitzgerald boosted their price objective on shares of CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, April 29th. JonesTrading increased 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. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $25.00 price target on shares of CTO Realty Growth in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, CTO Realty Growth has an average rating of “Buy” and an average price target of $23.67.
Get Our Latest Stock Analysis on CTO Realty Growth
CTO Realty Growth Trading Down 0.1%
CTO Realty Growth (NYSE:CTO – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.11. CTO Realty Growth had a return on equity of 2.47% and a net margin of 9.06%.The business had revenue of $41.17 million during the quarter, compared to analyst estimates of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. Sell-side analysts anticipate that CTO Realty Growth will post 2.1 earnings per share for the current fiscal year.
Institutional Trading of CTO Realty Growth
Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new position in shares of CTO Realty Growth during the 1st quarter worth approximately $1,724,000. JPMorgan Chase & Co. boosted its holdings in shares of CTO Realty Growth by 64.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 163,158 shares of the company’s stock valued at $2,816,000 after buying an additional 63,926 shares during the last quarter. Rhumbline Advisers grew its stake in shares of CTO Realty Growth by 10.2% in the second quarter. Rhumbline Advisers now owns 55,816 shares of the company’s stock valued at $963,000 after buying an additional 5,167 shares in the last quarter. Invesco Ltd. increased its holdings in CTO Realty Growth by 3.4% during the second quarter. Invesco Ltd. now owns 522,721 shares of the company’s stock worth $9,022,000 after buying an additional 17,334 shares during the last quarter. Finally, Brown Advisory Inc. acquired a new position in CTO Realty Growth during the second quarter worth $357,000. Institutional investors own 67.18% of the company’s stock.
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.
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