CTO Realty Growth, Inc. (CTO) To Go Ex-Dividend on September 10th

CTO Realty Growth, Inc. (NYSE:CTO) declared a quarterly dividend on Tuesday, August 18th. Investors of record on Thursday, September 10th will be paid a dividend of 0.38 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 7.1%. The ex-dividend date is Thursday, September 10th.

CTO Realty Growth has decreased its dividend by an average of 0.2%per year over the last three years. CTO Realty Growth has a payout ratio of 633.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect CTO Realty Growth to earn $2.30 per share next year, which means the company should continue to be able to cover its $1.52 annual dividend with an expected future payout ratio of 66.1%.

CTO Realty Growth Price Performance

CTO stock opened at $21.46 on Tuesday. CTO Realty Growth has a 1 year low of $15.06 and a 1 year high of $22.71. The company has a market cap of $804.54 million, a P/E ratio of 15.78 and a beta of 0.60. The firm has a 50-day moving average of $21.76 and a 200 day moving average of $20.52. The company has a debt-to-equity ratio of 0.99, a current ratio of 8.69 and a quick ratio of 8.69.

CTO Realty Growth (NYSE:CTO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.28. CTO Realty Growth had a return on equity of 8.90% and a net margin of 32.63%.The business had revenue of $43.83 million for the quarter, compared to analysts’ expectations of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. On average, sell-side analysts forecast that CTO Realty Growth will post 2.12 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on CTO shares. Zacks Research downgraded CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Cantor Fitzgerald upped their target price on shares of CTO Realty Growth from $23.00 to $25.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. JonesTrading increased their price target on shares of CTO Realty Growth from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Weiss Ratings raised shares of CTO Realty Growth from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, August 7th. Finally, Huntington initiated coverage on shares of CTO Realty Growth in a report on Tuesday, August 11th. They issued an “outperform” rating and a $24.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $24.50.

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.