CTO Realty Growth (CTO) Projected to Post Earnings on Thursday

CTO Realty Growth (NYSE:CTO) is expected to announce its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $33.39 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

CTO Realty Growth Stock Performance

CTO opened at $20.25 on Thursday. The firm has a market capitalization of $607.10 million, a PE ratio of 34.32 and a beta of 0.78. CTO Realty Growth has a twelve month low of $16.32 and a twelve month high of $21.15. The firm’s 50-day moving average price is $19.76 and its 200 day moving average price is $19.57. The company has a current ratio of 3.96, a quick ratio of 3.96 and a debt-to-equity ratio of 0.88.

Wall Street Analysts Forecast Growth

CTO has been the topic of several recent analyst reports. StockNews.com lowered shares of CTO Realty Growth from a “hold” rating to a “sell” rating in a report on Monday, October 28th. Raymond James upgraded shares of CTO Realty Growth from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $22.00 to $24.00 in a report on Wednesday, October 30th.

About CTO Realty Growth

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.