Here are three stocks with buy rank and strong value characteristics for investors to consider today, Oct. 22:

CTO Realty Growth, Inc. (CTO Quick QuoteCTO - Free Report) : This publicly traded real estate investment trust carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 4.4% over the last 60 days.

CTO has a price-to-earnings ratio (P/E) of 8.13, compared with 12.90 for the industry. The company possesses a Value Score of B.

Universal Insurance Holdings, Inc. (UVE Quick QuoteUVE - Free Report) : This insurance holding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 63.8% over the last 60 days.

Universal Insurance has a price-to-earnings ratio (P/E) of 6.58, compared with 12.80 for the industry. The company possesses a Value Score of A.

Maximus, Inc. (MMS Quick QuoteMMS - Free Report) : This business process services provider to the public sector carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6% over the last 60 days.

Maximus has a price-to-earnings ratio (P/E) of 12.32, compared with 14.50 for the industry. The company possesses a Value Score of B.

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.