CTO Realty Growth Inc (NYSE: CTO) is 0.00% lower on its value in year-to-date trading and has touched a low of $16.12 and a high of $21.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CTO stock was last observed hovering at around $18.08 in the last trading session, with the day’s gains setting it 240.39%.
Currently trading at $258.47K, the stock is -6.49% and -5.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing 1352262% at the moment leaves the stock -10.46% off its SMA200. CTO registered -13.24% loss for a year compared to 6-month loss of -11.95%. The firm has a 50-day simple moving average (SMA 50) of $18.144 and a 200-day simple moving average (SMA200) of $19.09825.
The stock witnessed a -4.15% gain in the last 1 month and extending the period to 3 months gives it a -10.61%, and is -5.11% down 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 3.02% over the week and 1.59% over the month.
CTO Realty Growth Inc (CTO) has around 37 employees, a market worth around $563.18M and $132.20M in sales. Fwd P/E is 72.77. Profit margin for the company is -9.87%. Distance from 52-week low is 6.08% and -19.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.12%).
The EPS is expected to grow by 21.43% this year
251.0 institutions hold shares in CTO Realty Growth Inc (CTO), with institutional investors hold 75.11% of the company’s shares. The shares outstanding are 31.84M, and float is at 31.49M with Short Float at 2.75%. Institutions hold 68.58% 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 8.6621 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 4.9685 of the shares outstanding. The other top investors are HEITMAN REAL ESTATE SECURITIES LLC which holds 0.78 million shares representing 3.4392 and valued at over $13.68 million, while GRACE & WHITE INC /NY holds 2.6508 of the shares totaling 0.6 million with a market value of $10.55 million.
CTO Realty Growth Inc (CTO) Insider Activity
CTO Realty Growth Inc disclosed in a document filed with the SEC on Nov 11 ’24 that Albright John P (PRESIDENT & CEO) sold a total of 29,488 shares of the company’s common stock. The trade occurred on Nov 11 ’24 and was made at $20.71 per share for $0.61 million. Following the transaction, the insider now directly holds 0.57 million shares of the CTO stock.
Still, SEC filings show that on Sep 09 ’24, Haga Christopher W (Director) disposed off 3,000 shares at an average price of $19.45 for $58361.0. The insider now directly holds 0 shares of CTO Realty Growth Inc (CTO).
