Can CTO Realty (CTO) Climb 28.19% to Reach the Level Wall Street Analysts Expect?

Core Viewpoint - CTO Realty (CTO) has shown a recent price increase of 2.2% and has a mean price target of $20.92, indicating a potential upside of 28.2% from its current trading price of $16.32 [1] Price Targets and Analyst Estimates - The mean estimate consists of six short-term price targets with a standard deviation of $1.8, suggesting variability in analyst predictions. The lowest estimate is $18.50 (13.4% increase), while the highest is $23.00 (40.9% increase) [2] - A low standard deviation among price targets indicates a high degree of agreement among analysts regarding the stock's price movement direction [9] Earnings Estimates and Analyst Sentiment - Analysts are optimistic about CTO's earnings prospects, as indicated by a positive trend in earnings estimate revisions. This trend has historically correlated with near-term stock price movements [11] - Over the past 30 days, one earnings estimate has increased, leading to a 0.6% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - CTO currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, which suggests a strong potential for upside [13] - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a directional guide for price movement [14]