CTO Realty Growth (NYSE:CTO) Announces Earnings Results, Beats Estimates By $0.28 EPS

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

CTO Realty Growth Stock Performance

Shares of CTO Realty Growth stock traded up $0.26 during mid-day trading on Wednesday, hitting $22.17. 18,117 shares of the stock were exchanged, compared to its average volume of 309,604. The company has a 50-day simple moving average of $21.15 and a 200 day simple moving average of $19.80. 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 12 month low of $15.06 and a 12 month high of $22.66. The company has a market capitalization of $749.04 million, a P/E ratio of 105.28 and a beta of 0.60.

CTO Realty Growth Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th were paid a $0.38 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.52 annualized dividend and a yield of 6.9%. CTO Realty Growth’s dividend payout ratio (DPR) is 723.81%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CTO. Cantor Fitzgerald raised their target price on CTO Realty Growth from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday. Zacks Research raised shares of CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. JonesTrading boosted their target price on CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $25.00 target price on shares of CTO Realty Growth in a report on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, CTO Realty Growth has an average rating of “Buy” and a consensus price target of $23.67.

Institutional Trading of CTO Realty Growth

A number of institutional investors have recently added to or reduced their stakes in the stock. Caxton Associates LLP purchased a new stake in CTO Realty Growth during the 3rd quarter valued at about $350,000. First Trust Advisors LP lifted its holdings in shares of CTO Realty Growth by 82.0% during the fourth quarter. First Trust Advisors LP now owns 18,974 shares of the company’s stock valued at $349,000 after purchasing an additional 8,548 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of CTO Realty Growth by 55.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 19,710 shares of the company’s stock valued at $321,000 after acquiring an additional 7,036 shares in the last quarter. Ieq Capital LLC purchased a new stake in CTO Realty Growth during the 4th quarter valued at about $308,000. Finally, State of Wisconsin Investment Board purchased a new position in shares of CTO Realty Growth in the 4th quarter worth $293,000. Hedge funds and other institutional investors own 67.18% of the company’s stock.

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.