In yesterday’s Wall Street session, CTO Realty Growth Inc (NYSE:CTO) shares traded at $20.44, up 2.25% from the previous session.
CTO stock price is now 5.22% away from the 50-day moving average and 12.06% away from the 200-day moving average. The market capitalization of the company currently stands at $612.71M.
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With the price target enhanced from $22 to $24, Raymond James Upgraded its rating from Outperform to Strong Buy for CTO Realty Growth Inc (NYSE: CTO). On April 08, 2024, Alliance Global Partners recently initiated its ‘Buy’ rating on the stock quoting a target price of $20, while ‘Raymond James’ rates the stock as ‘Outperform’
In other news, Albright John P, Officer bought 29,488 shares of the company’s stock on Nov 11 ’24. The stock was bought for $608,927 at an average price of $20.65. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 11 ’24, PRESIDENT & CEO Albright John P sold 29,488 shares of the business’s stock. A total of $610,579 was realized by selling the stock at an average price of $20.71. This leaves the insider owning 570,554 shares of the company worth $11.66 million. A total of 9.10% of the company’s stock is owned by insiders.
During the past 12 months, CTO Realty Growth Inc has had a low of $16.16 and a high of $21.15. The fifty day moving average price for CTO is $19.4042 and a two-hundred day moving average price translates $18.2193 for the stock.
The latest earnings results from CTO Realty Growth Inc (NYSE: CTO) was released for 2024-09-30. The net profit margin was 11.94% and return on equity was 3.78% for CTO. The company reported revenue of $31.8 million for the quarter, compared to $28.47 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.71 percent.
