CTO Realty Growth (NYSE:CTO) Hits New 12-Month High After Earnings Beat

Key Points

• Shares jumped to a new 52-week high after CTO reported Q-quarter EPS of $0.13 versus $0.02 expected and revenue of $41.17M (vs. $38.89M), and the company set FY2026 guidance of 2.190–2.240 EPS.
• CTO pays a quarterly dividend of $0.38 (annualized $1.52) for a 7.5% yield
• Analysts have an average rating of "Buy" with a $21.00 price target, and institutional ownership is high at 67.18% with recent stake increases from firms including Invesco.

CTO Realty Growth, Inc. (NYSE:CTO - Get Free Report) shares reached a new 52-week high on Wednesday following a better than expected earnings announcement. The company traded as high as $20.32 and last traded at $20.3290, with a volume of 15971 shares changing hands. The stock had previously closed at $19.57.

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 net margin of 6.75% and a return on equity of 1.76%. The business had revenue of $41.17 million for 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.

CTO Realty Growth Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were paid a dividend of $0.38 per share. The ex-dividend date was Thursday, March 12th. This represents a $1.52 dividend on an annualized basis and a yield of 7.5%. CTO Realty Growth's payout ratio is currently 1,688.89%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on CTO shares. Cantor Fitzgerald upgraded shares of CTO Realty Growth to a "strong-buy" rating in a research note on Wednesday, February 4th. Alliance Global Partners reiterated a "buy" rating on shares of CTO Realty Growth in a research note on Wednesday. JonesTrading reiterated a "buy" rating and set a $21.00 price target on shares of CTO Realty Growth in a research note on Tuesday, February 24th. Finally, Weiss Ratings upgraded shares of CTO Realty Growth from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, CTO Realty Growth presently has an average rating of "Buy" and an average price target of $21.00.

Institutional Trading of CTO Realty Growth

A number of hedge funds have recently modified their holdings of CTO. SummitTX Capital L.P. acquired a new stake in shares of CTO Realty Growth in the 3rd quarter valued at approximately $3,016,000. Crossingbridge Advisors LLC increased its stake in CTO Realty Growth by 154.4% during the 3rd quarter. Crossingbridge Advisors LLC now owns 268,079 shares of the company's stock worth $4,273,000 after purchasing an additional 162,689 shares in the last quarter. Invesco Ltd. increased its stake in CTO Realty Growth by 27.1% during the 3rd quarter. Invesco Ltd. now owns 664,295 shares of the company's stock worth $10,828,000 after purchasing an additional 141,574 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in CTO Realty Growth during the 1st quarter worth approximately $1,953,000. Finally, Prevail Innovative Wealth Advisors LLC increased its stake in CTO Realty Growth by 40.4% during the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 360,108 shares of the company's stock worth $5,870,000 after purchasing an additional 103,648 shares in the last quarter. 67.18% of the stock is currently owned by institutional investors and hedge funds.

CTO Realty Growth Trading Up 2.5%

The business has a 50 day moving average of $19.22 and a 200-day moving average of $18.22. The company has a current ratio of 4.88, a quick ratio of 4.88 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $657.22 million, a P/E ratio of 225.14 and a beta of 0.60.

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.

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