CTO Realty Growth Inc (NYSE: CTO) is 9.17% higher on its value in year-to-date trading and has touched a low of $15.63 and a high of $20.28 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CTO stock was last observed hovering at around $19.16 in the last trading session, with the day’s loss setting it -0.24%.
Currently trading at $18.92, the stock is -2.19% and 1.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.66 million and changing -1.25% at the moment leaves the stock 8.42% off its SMA200. CTO registered 7.68% gain for a year compared to 6-month gain of 10.97%.
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The stock witnessed a -5.73% loss in the last 1 month and extending the period to 3 months gives it a 7.07%, and is 2.27% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.19% over the week and 2.04% over the month.
CTO Realty Growth Inc (CTO) has around 33 employees, a market worth around $437.43M and $115.33M in sales. Current P/E ratio is 42.92. Profit margin for the company is 9.81%. Distance from 52-week low is 21.05% and -6.71% from its 52-week high. The company has generated returns on investments over the last 12 months (1.14%).
The EPS is expected to grow by 88.89% this year
197.0 institutions hold shares in CTO Realty Growth Inc (CTO), with institutional investors hold 69.75% of the company’s shares. The shares outstanding are 22.64M, and float is at 20.36M with Short Float at 4.75%. Institutions hold 61.93% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 1.97 million shares valued at $34.46 million. The investor’s holdings represent 8.7528 of the CTO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.13 million shares valued at $19.77 million to account for 5.0205 of the shares outstanding. The other top investors are HEITMAN REAL ESTATE SECURITIES LLC which holds 0.78 million shares representing 3.4752 and valued at over $13.68 million, while GRACE & WHITE INC /NY holds 2.6785 of the shares totaling 0.6 million with a market value of $10.55 million.
CTO Realty Growth Inc (CTO) Insider Activity
The most recent transaction is an insider purchase by CTO Realty Growth, Inc., the company’s 10% Owner. SEC filings show that CTO Realty Growth, Inc. bought 6,562 shares of the company’s common stock on Jul 09 ’24 at a price of $14.99 per share for a total of $98391.0. Following the purchase, the insider now owns 0.2 million shares.
CTO Realty Growth Inc disclosed in a document filed with the SEC on Jul 05 ’24 that CTO Realty Growth, Inc. (10% Owner) bought a total of 6,262 shares of the company’s common stock. The trade occurred on Jul 05 ’24 and was made at $15.00 per share for $93910.0. Following the transaction, the insider now directly holds 0.2 million shares of the CTO stock.
Still, SEC filings show that on Jun 27 ’24, CTO Realty Growth, Inc. (10% Owner) acquired 7,959 shares at an average price of $14.97 for $0.12 million. The insider now directly holds 190,094 shares of CTO Realty Growth Inc (CTO).
