CTO Realty Growth (NYSE:CTO) Issues Earnings Results

CTO Realty Growth (NYSE:CTO) issued its quarterly earnings results on Thursday. The company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates 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 Up 0.2 %

CTO traded up $0.03 on Thursday, hitting $20.25. 218,010 shares of the company were exchanged, compared to its average volume of 240,997. CTO Realty Growth has a 12 month low of $16.33 and a 12 month high of $21.15. The company has a market cap of $607.15 million, a PE ratio of 34.33 and a beta of 0.78. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.96 and a current ratio of 3.96. The stock’s fifty day moving average is $19.76 and its 200-day moving average is $19.57.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on CTO shares. Raymond James upgraded CTO Realty Growth from an “outperform” rating to a “strong-buy” rating and boosted their price target for the company from $22.00 to $24.00 in a report on Wednesday, October 30th. StockNews.com lowered CTO Realty Growth from a “hold” rating to a “sell” rating in a report on Monday, October 28th.

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.