CTO Realty Growth’s (CTO) Buy Rating Reaffirmed at JonesTrading

CTO Realty Growth (NYSE:CTOGet Free Report)‘s stock had its “buy” rating restated by investment analysts at JonesTrading in a research report issued to clients and investors on Tuesday,Benzinga reports. They currently have a $21.00 price target on the stock. JonesTrading’s target price points to a potential upside of 7.18% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a report on Friday. Cantor Fitzgerald upgraded shares of CTO Realty Growth to a “strong-buy” rating in a research note 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. Finally, Weiss Ratings raised shares of CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $21.50.

Read Our Latest Research Report on CTO Realty Growth

CTO Realty Growth Trading Down 0.8%

Shares of CTO stock traded down $0.17 during mid-day trading on Tuesday, reaching $19.59. The company’s stock had a trading volume of 35,063 shares, compared to its average volume of 247,303. The company has a quick ratio of 4.88, a current ratio of 4.88 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $637.98 million, a PE ratio of 217.76 and a beta of 0.64. The company’s 50 day simple moving average is $18.31 and its 200-day simple moving average is $17.34. CTO Realty Growth has a 12-month low of $15.06 and a 12-month high of $20.25.

CTO Realty Growth (NYSE:CTOGet Free Report) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.32. The firm had revenue of $38.34 million during the quarter, compared to the consensus estimate 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, research analysts predict that CTO Realty Growth will post 1.92 EPS for the current fiscal year.

Hedge Funds Weigh In On CTO Realty Growth

Several large investors have recently added to or reduced their stakes in CTO. State of Alaska Department of Revenue grew its stake in CTO Realty Growth by 3.5% during the 4th quarter. State of Alaska Department of Revenue now owns 16,953 shares of the company’s stock valued at $311,000 after acquiring an additional 575 shares in the last quarter. Somerset Trust Co increased its holdings in CTO Realty Growth by 8.6% in the fourth quarter. Somerset Trust Co now owns 11,600 shares of the company’s stock worth $214,000 after buying an additional 922 shares during the last quarter. M&G PLC raised its position in CTO Realty Growth by 8.2% during the third quarter. M&G PLC now owns 12,413 shares of the company’s stock valued at $199,000 after acquiring an additional 940 shares in the last quarter. Intech Investment Management LLC lifted its stake in CTO Realty Growth by 8.8% in the fourth 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. grew its position in 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 in the last quarter. 67.18% of the stock is currently owned by institutional investors.

About CTO Realty Growth

(Get Free Report)

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.

Further Reading

Analyst Recommendations for CTO Realty Growth (NYSE:CTO)

Receive News & Ratings for CTO Realty Growth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CTO Realty Growth and related companies with MarketBeat.com's FREE daily email newsletter.