TL;DR
CEO and senior executives acquire over $115,000 in shares as REIT trades near yearly lows.
June 27, 2025
In a strong display of corporate confidence, three key executives at CTO Realty Growth (NYSE: CTO) made significant stock purchases on June 26, 2025, collectively investing over $115,000 in company shares as the real estate investment trust trades near its 52-week low.
Leading the charge, President and CEO John P. Albright acquired 3,800 shares at a weighted average price of $17.05, representing a $64,808 investment.
The purchase price ranged from $16.98 to $17.13 per share, demonstrating Albright’s willingness to accumulate shares across multiple price points during the trading session.
Executive Alignment Sends Clear Signal
Director George R. Brokaw reinforced management’s bullish sentiment by purchasing 2,000 shares at $16.94 each, totaling $33,880.
Senior Vice President and General Counsel Daniel Earl Smith added 1,000 shares with purchases ranging from $16.93 to $17.01, investing $17,001.
The coordinated buying is particularly noteworthy as CTO Realty trades near its 52-week low of $16.12. Analyst price targets ranging from $19 to $23 suggest potential upside of 15-35% from current levels.
Strong Fundamentals Support Executive Confidence
The insider buying coincides with solid operational performance from the $564 million market cap REIT.
CTO Realty recently reported Q1 2025 results that met or exceeded expectations, with earnings per share of $0.01 matching analyst forecasts while revenue of $35.81 million surpassed the anticipated $34.88 million.
More impressively, the company’s Core Funds From Operations surged to $14.4 million from $10.7 million in the prior year period, indicating robust operational momentum in the company’s retail-focused portfolio.
Attractive Yield Amid Market Uncertainty
CTO Realty’s 8.9% dividend yield and 50-year consecutive payment streak provide compelling value for income investors.
The company maintains strong liquidity with nearly $140 million available, offering financial flexibility despite broader REIT market headwinds.
Post-Purchase Holdings Reflect Commitment
Following these transactions, the executives have demonstrated significant skin in the game. CEO Albright now directly owns 628,347 shares (including restricted stock), while Director Brokaw holds 91,701 shares directly. SVP Smith’s holdings increased to 193,496 shares, further aligning executive interests with shareholder returns.
Market Outlook
Despite recent criticism regarding dividend sustainability, the coordinated insider buying suggests management remains confident in the company’s strategic direction and financial health.
Lucid Capital Markets recently adjusted its price target to $21 while maintaining a Buy recommendation, citing positive adjustments to 2026 AFFO estimates.
With executives putting their own capital at risk near current price levels, CTO Realty’s insider activity may signal an attractive entry point for value-oriented investors seeking both income and potential capital appreciation in the retail REIT space.