CTO Realty Growth (NYSE:CTO) Price Target Raised to $23.00

CTO Realty Growth (NYSE:CTO) had its target price raised by JonesTrading from $21.00 to $23.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also issued reports on CTO. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday. Weiss Ratings raised CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. Finally, Cantor Fitzgerald raised CTO Realty Growth to a “strong-buy” rating in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.67.

CTO Realty Growth Price Performance

Shares of CTO stock opened at $20.42 on Wednesday. CTO Realty Growth has a 52-week low of $15.06 and a 52-week high of $20.67. The company has a debt-to-equity ratio of 1.13, a quick ratio of 4.88 and a current ratio of 3.95. The firm has a market capitalization of $689.62 million, a P/E ratio of 97.22 and a beta of 0.62. The stock has a 50 day moving average price of $19.27 and a 200 day moving average price of $18.25.

CTO Realty Growth (NYSE:CTO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11. CTO Realty Growth had a return on equity of 2.47% and a net margin of 9.06%.The firm had revenue of $41.17 million during the quarter, compared to analyst estimates of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. As a group, sell-side analysts predict that CTO Realty Growth will post 2.01 earnings per share for the current year.

CTO Realty Growth Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend was Thursday, March 12th. CTO Realty Growth’s payout ratio is presently 723.81%.

Institutional Inflows and Outflows

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

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.