Odyssean LLC Purchases New Position in CTO Realty Growth, Inc. $CTO

Odyssean LLC purchased a new stake in CTO Realty Growth, Inc. (NYSE:CTO) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 50,314 shares of the company’s stock, valued at approximately $1,082,000.

Several other institutional investors have also modified their holdings of CTO. BlackRock Inc. acquired a new position in shares of CTO Realty Growth in the 2nd quarter valued at $77,576,000. Vanguard Group Inc. lifted its position in CTO Realty Growth by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 3,166,067 shares of the company’s stock valued at $58,287,000 after acquiring an additional 26,760 shares during the last quarter. Geode Capital Management LLC lifted its position in CTO Realty Growth by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 814,270 shares of the company’s stock valued at $14,994,000 after acquiring an additional 13,592 shares during the last quarter. Invesco Ltd. boosted its stake in CTO Realty Growth by 27.1% in the third quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock valued at $10,828,000 after acquiring an additional 141,574 shares in the last quarter. Finally, Miller Value Partners LLC acquired a new position in CTO Realty Growth in the second quarter valued at $11,613,000. Hedge funds and other institutional investors own 67.18% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Raymond James Financial reiterated a “strong-buy” rating and set a $25.00 target price on shares of CTO Realty Growth in a research report on Monday, June 29th. JonesTrading upped their target price on CTO Realty Growth from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Huntington started coverage on CTO Realty Growth in a research note on Tuesday, August 11th. They set an “outperform” rating and a $24.00 price target on the stock. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th. Finally, Weiss Ratings upgraded CTO Realty Growth from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $24.50.

CTO Realty Growth Stock Performance

Shares of CTO opened at $21.71 on Thursday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 8.69 and a current ratio of 8.69. The stock has a market capitalization of $813.91 million, a P/E ratio of 15.96 and a beta of 0.60. The company’s fifty day moving average is $21.70 and its two-hundred day moving average is $20.36. CTO Realty Growth, Inc. has a 1 year low of $15.06 and a 1 year high of $22.71.

CTO Realty Growth (NYSE:CTO) last released its earnings results on Tuesday, July 28th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.10 by $0.28. CTO Realty Growth had a net margin of 32.63% and a return on equity of 8.90%. The company had revenue of $43.83 million during the quarter, compared to analysts’ expectations of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. On average, sell-side analysts predict that CTO Realty Growth, Inc. will post 2.12 earnings per share for the current year.

CTO Realty Growth Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 10th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Thursday, September 10th. CTO Realty Growth’s dividend payout ratio is currently 111.76%.

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.