CTO Realty Growth, Inc. (NYSE:CTO – Free Report) – Equities research analysts at B. Riley issued their Q1 2025 earnings per share estimates for CTO Realty Growth in a research note issued on Monday, September 16th. B. Riley analyst J. Massocca forecasts that the company will post earnings per share of $0.47 for the quarter. The consensus estimate for CTO Realty Growth’s current full-year earnings is $1.77 per share. B. Riley also issued estimates for CTO Realty Growth’s Q2 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.50 EPS and Q4 2025 earnings at $0.48 EPS.
Several other equities research analysts have also recently commented on CTO. Alliance Global Partners raised CTO Realty Growth to a “strong-buy” rating in a report on Friday, July 26th. Raymond James raised their target price on CTO Realty Growth from $20.00 to $22.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, CTO Realty Growth presently has a consensus rating of “Buy” and an average target price of $20.33.
CTO Realty Growth Stock Down 1.6 %
CTO stock opened at $19.22 on Wednesday. The company has a market cap of $441.02 million, a price-to-earnings ratio of 34.95 and a beta of 0.76. The firm has a 50-day moving average of $19.15 and a two-hundred day moving average of $17.89. CTO Realty Growth has a 12 month low of $15.63 and a 12 month high of $21.15. The company has a current ratio of 3.42, a quick ratio of 3.42 and a debt-to-equity ratio of 0.98.
CTO Realty Growth (NYSE:CTO – Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.39 by ($0.42). The firm had revenue of $28.85 million during the quarter, compared to analyst estimates of $27.46 million. CTO Realty Growth had a net margin of 14.52% and a return on equity of 3.55%. During the same period in the prior year, the company posted $0.48 earnings per share.
Hedge Funds Weigh In On CTO Realty Growth
Hedge funds and other institutional investors have recently bought and sold shares of the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of CTO Realty Growth during the second quarter worth about $26,000. EntryPoint Capital LLC acquired a new position in shares of CTO Realty Growth in the first quarter worth $31,000. CWM LLC grew its stake in shares of CTO Realty Growth by 17.5% in the second quarter. CWM LLC now owns 4,527 shares of the company’s stock worth $79,000 after acquiring an additional 673 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in shares of CTO Realty Growth during the second quarter worth $178,000. Finally, Jump Financial LLC acquired a new stake in shares of CTO Realty Growth in the fourth quarter valued at $192,000. 67.18% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In other CTO Realty Growth news, major shareholder Cto Realty Growth, Inc. acquired 7,959 shares of the business’s stock in a transaction that occurred on Thursday, June 27th. The stock was purchased at an average cost of $14.97 per share, with a total value of $119,146.23. Following the transaction, the insider now owns 190,094 shares of the company’s stock, valued at $2,845,707.18. The transaction was disclosed in a filing with the SEC, which is available at this link. In other news, Director Christopher W. Haga sold 3,000 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $19.19, for a total transaction of $57,570.00. Following the completion of the transaction, the director now directly owns 44,988 shares in the company, valued at $863,319.72. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Cto Realty Growth, Inc. acquired 7,959 shares of the company’s stock in a transaction dated Thursday, June 27th. The stock was purchased at an average cost of $14.97 per share, with a total value of $119,146.23. Following the completion of the purchase, the insider now directly owns 190,094 shares of the company’s stock, valued at approximately $2,845,707.18. The disclosure for this purchase can be found here. Insiders have acquired a total of 20,783 shares of company stock valued at $311,441 in the last quarter. Insiders own 5.00% of the company’s stock.
CTO Realty Growth Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 12th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 7.91%. The ex-dividend date is Thursday, September 12th. CTO Realty Growth’s dividend payout ratio (DPR) is presently 276.36%.
CTO Realty Growth Company Profile
CTO Realty Growth, Inc is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc (NYSE: PINE), a publicly traded net lease REIT.
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