CTO Realty Growth, Inc. (NYSE:CTO) Short Interest Down 31.7% in February

CTO Realty Growth, Inc. (NYSE:CTO) was the recipient of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 605,843 shares, a decline of 31.7% from the February 12th total of 887,255 shares. Currently, 1.9% of the company’s shares are short sold. Based on an average daily volume of 283,240 shares, the days-to-cover ratio is presently 2.1 days. Based on an average daily volume of 283,240 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.9% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. JonesTrading reaffirmed a “buy” rating and issued a $21.00 target price on shares of CTO Realty Growth in a research note on Tuesday, February 24th. 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. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a report on Friday, February 20th. Weiss Ratings raised shares of CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, February 4th. Finally, Cantor Fitzgerald upgraded shares of CTO Realty Growth to a “strong-buy” rating in a research report on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, CTO Realty Growth has an average rating of “Buy” and an average target price of $21.00.

Hedge Funds Weigh In On CTO Realty Growth

A number of hedge funds and other institutional investors have recently made changes to their positions in CTO. Clearstead Advisors LLC increased its position in shares of CTO Realty Growth by 231.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock valued at $33,000 after buying an additional 1,250 shares in the last quarter. CIBC Private Wealth Group LLC bought a new position in CTO Realty Growth during the third quarter worth about $37,000. Signaturefd LLC grew its stake in CTO Realty Growth by 200.1% in the fourth quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock valued at $44,000 after acquiring an additional 1,599 shares during the period. Tower Research Capital LLC TRC grew its stake in CTO Realty Growth by 51.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock valued at $63,000 after acquiring an additional 1,245 shares during the period. Finally, SG Americas Securities LLC acquired a new position in CTO Realty Growth in the fourth quarter valued at about $112,000. 67.18% of the stock is owned by institutional investors.

CTO Realty Growth Price Performance

Shares of CTO opened at $18.71 on Monday. The stock has a market cap of $609.20 million, a P/E ratio of 207.91 and a beta of 0.59. CTO Realty Growth has a 1 year low of $15.06 and a 1 year high of $20.25. The stock’s 50-day moving average price is $18.68 and its two-hundred day moving average price is $17.61. The company has a current ratio of 4.88, a quick ratio of 4.88 and a debt-to-equity ratio of 1.09.

CTO Realty Growth (NYSE:CTO) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.32. The company had revenue of $38.34 million during the quarter, compared to analysts’ expectations of $37.91 million. CTO Realty Growth had a return on equity of 1.76% and a net margin of 6.75%.CTO Realty Growth has set its FY 2026 guidance at 2.110-2.160 EPS. On average, equities analysts predict that CTO Realty Growth will post 1.92 earnings per share for the current year.

CTO Realty Growth Announces Dividend

The company 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 $0.38 dividend. The ex-dividend date is Thursday, March 12th. This represents a $1.52 annualized dividend and a yield of 8.1%. CTO Realty Growth’s dividend payout ratio (DPR) is 1,688.89%.

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.