CTO Realty Growth (NYSE:CTO – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.
A number of other equities analysts also recently commented on the stock. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $25.00 price objective on shares of CTO Realty Growth in a report on Monday. Weiss Ratings upgraded shares of CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. JonesTrading lifted their price target on shares of CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Cantor Fitzgerald boosted their price objective on shares of CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, CTO Realty Growth has a consensus rating of “Buy” and a consensus price target of $23.67.
View Our Latest Analysis on CTO Realty Growth
CTO Realty Growth Trading Down 0.1%
CTO Realty Growth (NYSE:CTO – Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $0.13 EPS for the quarter, topping the consensus estimate 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 company 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. On average, analysts anticipate that CTO Realty Growth will post 2.1 earnings per share for the current fiscal year.
Institutional Trading of CTO Realty Growth
A number of large investors have recently modified their holdings of CTO. Jane Street Group LLC acquired a new position in CTO Realty Growth during the 1st quarter valued at about $1,724,000. JPMorgan Chase & Co. boosted its position in shares of CTO Realty Growth by 64.4% during the second quarter. JPMorgan Chase & Co. now owns 163,158 shares of the company’s stock worth $2,816,000 after buying an additional 63,926 shares during the period. Rhumbline Advisers boosted its position in shares of CTO Realty Growth by 10.2% during the second quarter. Rhumbline Advisers now owns 55,816 shares of the company’s stock worth $963,000 after buying an additional 5,167 shares during the period. Invesco Ltd. grew its holdings in CTO Realty Growth by 3.4% in the 2nd quarter. Invesco Ltd. now owns 522,721 shares of the company’s stock worth $9,022,000 after buying an additional 17,334 shares in the last quarter. Finally, Brown Advisory Inc. bought a new position in CTO Realty Growth in the 2nd quarter worth approximately $357,000. Institutional investors and hedge funds 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.
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