CTO Realty Growth (NYSE:CTO) Reaches New 1-Year High After Better-Than-Expected Earnings

CTO Realty Growth, Inc. (NYSE:CTO)’s share price reached a new 52-week high on Friday following a stronger than expected earnings report. The company traded as high as $20.11 and last traded at $20.1260, with a volume of 55161 shares traded. The stock had previously closed at $19.19.

The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.32. CTO Realty Growth had a negative return on equity of 5.72% and a negative net margin of 22.77%.The business had revenue of $38.34 million during the quarter, compared to analyst estimates of $37.91 million. CTO Realty Growth has set its FY 2026 guidance at 2.110-2.160 EPS.

CTO Realty Growth Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 7.6%. The ex-dividend date is Thursday, March 12th. CTO Realty Growth’s dividend payout ratio is presently -117.83%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on CTO. Cantor Fitzgerald raised shares of CTO Realty Growth to a “strong-buy” rating in a research report on Wednesday, February 4th. Zacks Research downgraded shares of CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. JonesTrading restated a “buy” rating and set a $21.00 target price on shares of CTO Realty Growth in a report on Wednesday, October 29th. Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a report on Friday. Finally, Weiss Ratings raised CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, CTO Realty Growth presently has a consensus rating of “Buy” and a consensus price target of $21.50.

Institutional Investors Weigh In On CTO Realty Growth

A number of institutional investors and hedge funds have recently modified their holdings of CTO. State of Alaska Department of Revenue boosted its position in CTO Realty Growth by 3.5% in the fourth quarter. State of Alaska Department of Revenue now owns 16,953 shares of the company’s stock valued at $311,000 after buying an additional 575 shares during the last quarter. Somerset Trust Co lifted its stake in CTO Realty Growth by 8.6% during the 4th quarter. Somerset Trust Co now owns 11,600 shares of the company’s stock valued at $214,000 after acquiring an additional 922 shares during the period. M&G PLC lifted its stake in CTO Realty Growth by 8.2% during the 3rd quarter. M&G PLC now owns 12,413 shares of the company’s stock valued at $199,000 after acquiring an additional 940 shares during the period. Intech Investment Management LLC boosted its holdings in shares of CTO Realty Growth by 8.8% in the 4th quarter. Intech Investment Management LLC now owns 11,902 shares of the company’s stock valued at $219,000 after acquiring an additional 958 shares during the last quarter. Finally, Sei Investments Co. increased its stake in shares of CTO Realty Growth by 8.3% in the third quarter. Sei Investments Co. now owns 13,436 shares of the company’s stock worth $219,000 after acquiring an additional 1,032 shares during the period. Institutional investors and hedge funds own 67.18% of the company’s stock.

CTO Realty Growth Trading Up 4.7%

The stock has a market cap of $650.31 million, a PE ratio of -15.57 and a beta of 0.64. The company’s fifty day moving average is $18.22 and its 200-day moving average is $17.28. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.96 and a quick ratio of 3.96.

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.