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The latest announcement is out from CTO Realty Growth ( (CTO) ).
On April 29, 2026, CTO Realty Growth, Inc. expanded the sales syndicate for its existing at-the-market preferred stock program by adding Cantor Fitzgerald & Co. and Huntington Securities, Inc. as additional sales agents for up to $25 million of its 6.375% Series A Cumulative Redeemable Preferred Stock. At the same time, CTO amended prior distribution agreements with several existing agents to reflect the new participants, a move that broadens distribution capacity and could enhance liquidity and flexibility in raising preferred equity over time.
Also on April 29, 2026, the company added Cantor and Huntington as sales agents, forward sellers and forward purchasers under its at-the-market common stock program, covering up to $250 million of common shares. CTO simultaneously amended its existing common equity distribution agreements with a wider group of banks and brokers, strengthening its capital-raising framework and expanding its ability to tap both spot and forward equity markets to support ongoing corporate and investment needs.
The most recent analyst rating on (CTO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on CTO Realty Growth stock, see the CTO Stock Forecast page.
Spark’s Take on CTO Stock
According to Spark, TipRanks’ AI Analyst, CTO is a Neutral.
CTO scores in the mid-range driven by improving operating performance and cash generation, plus a positive earnings update with raised 2026 FFO/AFFO guidance. The score is held back by profitability volatility (including negative gross profit), leverage/low ROE, and a valuation profile where a high dividend yield is offset by a relatively high P/E.
To see Spark’s full report on CTO stock, click here.
More about CTO Realty Growth
CTO Realty Growth, Inc. is a real estate investment company that operates as a REIT, focusing on income-producing commercial properties and related real estate investments. The company accesses capital markets through both common and preferred equity offerings, supporting its portfolio growth and balance sheet management in the broader real estate and capital markets sectors.
Average Trading Volume: 245,167
Technical Sentiment Signal: Buy
Current Market Cap: $637.2M
Learn more about CTO stock on TipRanks’ Stock Analysis page.