CTO Realty Growth (NYSE:CTO) Stock Gets Downgrade from Wall Street Zen

CTO Realty Growth (NYSE:CTO) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday, Wall Street Zen reports.

Several other equities research analysts have also recently issued reports on CTO. Huntington Sec started coverage on shares of CTO Realty Growth in a research report on Tuesday, October 27th. They issued a “strong-buy” rating on the stock. Weiss Ratings cut shares of CTO Realty Growth from a “buy (b-)” rating to a “hold (c)” rating in a report on Wednesday. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a report on Wednesday, July 29th. Cantor Fitzgerald increased their price target on shares of CTO Realty Growth from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Finally, Zacks Research cut shares of CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 31st. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, CTO Realty Growth has an average rating of “Buy” and an average target price of $24.50.

CTO Realty Growth Stock Performance

CTO stock opened at $19.65 on Friday. CTO Realty Growth has a 1-year low of $16.50 and a 1-year high of $22.71. The business’s 50-day moving average price is $20.65 and its two-hundred day moving average price is $20.21. The company has a current ratio of 6.06, a quick ratio of 6.06 and a debt-to-equity ratio of 1.05. The firm has a market cap of $761.71 million, a PE ratio of 17.24 and a beta of 0.63.

CTO Realty Growth (NYSE:CTO) last released its quarterly earnings data on Tuesday, October 27th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.39). The company had revenue of $46.91 million for the quarter, compared to the consensus estimate of $45.21 million. CTO Realty Growth had a net margin of 26.12% and a return on equity of 7.15%. As a group, research analysts forecast that CTO Realty Growth will post 2.11 earnings per share for the current year.

Institutional Investors Weigh In On CTO Realty Growth

Institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in CTO Realty Growth during the second quarter valued at about $77,576,000. Miller Value Partners LLC purchased a new position in shares of CTO Realty Growth during the second quarter valued at approximately $11,613,000. Man Group plc bought a new position in shares of CTO Realty Growth in the second quarter worth approximately $8,160,000. Bank of New York Mellon Corp bought a new stake in CTO Realty Growth in the second quarter worth $3,691,000. Finally, Bank of America Corp DE bought a new position in CTO Realty Growth in the 2nd quarter valued at $2,428,000. 67.18% of the stock is owned by institutional investors.

Key CTO Realty Growth News

Here are the key news stories impacting CTO Realty Growth this week:

• Positive Sentiment: Huntington Securities raised multiple EPS forecasts and maintained a “Strong-Buy” rating. The firm increased its FY2026 estimate to $2.09 from $2.06, FY2027 to $2.16 from $2.12, Q1 2027 to $0.53 from $0.51, Q4 2026 to $0.53 from $0.52, and Q4 2027 to $0.55 from $0.54. The revisions indicate expectations for improved earnings momentum at CTO Realty Growth.
• Positive Sentiment: Huntington’s FY2027 forecast of $2.16 per share is above the company’s current-year consensus estimate of $2.12, potentially supporting the stock’s valuation. Its quarterly forecasts range from $0.53 to $0.55 per share through 2027.
• Neutral Sentiment: Huntington Securities issued estimates of $0.53 EPS for Q3 2027 and $0.54 EPS for Q2 2027, without reporting a change to those forecasts. The estimates provide a stable outlook but are unlikely to create a major near-term catalyst.
• Negative Sentiment: Wall Street Zen moved CTO Realty Growth’s stock classification to “Sell,” creating a bearish counterpoint to Huntington’s bullish stance. The report does not provide a detailed reason for the change. CTO Realty Growth Stock Moved Down to Sell by Wall Street Zen

CTO Realty Growth Company Profile

CTO Realty Growth, Inc is an internally managed real estate investment trust (REIT) that owns, manages and invests in income-producing commercial real estate. The company’s portfolio is focused primarily on open-air shopping centers and other retail properties, including locations anchored by grocery stores, home-improvement retailers and other necessity-based tenants.

The company also makes structured investments in commercial real estate and may pursue additional property investments in select markets.