CTO Realty Growth (NYSE:CTO) Posts Earnings Results, Beats Expectations By $0.28 EPS

CTO Realty Growth (NYSE:CTO) posted its quarterly earnings data on Tuesday. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.28, FiscalAI reports. The firm had revenue of $43.83 million during the quarter, compared to analyst estimates of $42.31 million. CTO Realty Growth had a net margin of 9.06% and a return on equity of 2.47%. CTO Realty Growth updated its FY 2026 guidance to 2.210-2.250 EPS.

CTO Realty Growth Stock Down 0.4%

Shares of CTO traded down $0.09 during trading hours on Tuesday, hitting $21.94. 372,954 shares of the company were exchanged, compared to its average volume of 311,708. The firm’s 50 day moving average is $21.12 and its 200-day moving average is $19.77. The company has a debt-to-equity ratio of 1.13, a quick ratio of 3.95 and a current ratio of 3.95. CTO Realty Growth has a 52 week low of $15.06 and a 52 week high of $22.66. The company has a market cap of $741.12 million, a PE ratio of 104.47 and a beta of 0.60.

CTO Realty Growth Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 6.9%. The ex-dividend date was Thursday, June 11th. CTO Realty Growth’s dividend payout ratio is 723.81%.

Hedge Funds Weigh In On CTO Realty Growth

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Intech Investment Management LLC raised its position in shares of CTO Realty Growth by 8.8% in the fourth quarter. Intech Investment Management LLC now owns 11,902 shares of the company’s stock valued at $219,000 after purchasing an additional 958 shares during the period. Sei Investments Co. boosted its holdings in shares of CTO Realty Growth by 8.3% during the 3rd quarter. Sei Investments Co. now owns 13,436 shares of the company’s stock worth $219,000 after buying an additional 1,032 shares during the period. Creative Planning grew its stake in CTO Realty Growth by 9.6% in the 3rd quarter. Creative Planning now owns 12,690 shares of the company’s stock valued at $207,000 after buying an additional 1,107 shares during the last quarter. Tower Research Capital LLC TRC grew 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 buying an additional 1,245 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in CTO Realty Growth by 17.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 10,162 shares of the company’s stock worth $175,000 after acquiring an additional 1,496 shares during the period. Institutional investors and hedge funds own 67.18% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on CTO. Weiss Ratings raised CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Zacks Research raised shares of CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Cantor Fitzgerald raised their price target on shares of CTO Realty Growth from $22.00 to $23.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, April 29th. Finally, 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, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $23.67.

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.