CTO Realty Growth (NYSE:CTO) Announces Quarterly Earnings Results

CTO Realty Growth (NYSE:CTO) released its quarterly earnings data on Thursday. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.48, Zacks reports. CTO Realty Growth had a return on equity of 4.04% and a net margin of 17.10%. CTO Realty Growth updated its FY 2025 guidance to 1.930-1.980 EPS.

CTO Realty Growth Stock Performance

Shares of CTO Realty Growth stock traded up $0.03 on Thursday, hitting $20.25. The stock had a trading volume of 218,010 shares, compared to its average volume of 240,997. The stock has a market cap of $607.15 million, a price-to-earnings ratio of 34.33 and a beta of 0.78. CTO Realty Growth has a twelve month low of $16.33 and a twelve month high of $21.15. The company has a quick ratio of 3.96, a current ratio of 3.96 and a debt-to-equity ratio of 0.88. The business’s 50 day moving average is $19.76 and its two-hundred day moving average is $19.57.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. StockNews.com lowered CTO Realty Growth from a “hold” rating to a “sell” rating in a research note on Monday, October 28th. Raymond James upgraded CTO Realty Growth from an “outperform” rating to a “strong-buy” rating and upped their price objective for the company from $22.00 to $24.00 in a research note on Wednesday, October 30th.

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.