Alpine Income Property Trust, Inc. (NYSE:PINE) Receives Average Rating of “Moderate Buy” from Analysts

Alpine Income Property Trust, Inc. (NYSE:PINE) has received an average recommendation of “Moderate Buy” from the nine analysts that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $19.9167.

PINE has been the subject of several recent analyst reports. B. Riley Financial reiterated a “buy” rating on shares of Alpine Income Property Trust in a research note on Thursday, February 5th. Alliance Global Partners reaffirmed a “buy” rating on shares of Alpine Income Property Trust in a research report on Friday, February 6th. Stifel Nicolaus increased their price objective on Alpine Income Property Trust from $19.00 to $20.50 and gave the company a “buy” rating in a report on Friday, February 6th. JonesTrading raised their price objective on Alpine Income Property Trust from $19.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, Zacks Research upgraded Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th.

Alpine Income Property Trust Trading Down 0.6%

Shares of NYSE PINE opened at $19.68 on Friday. Alpine Income Property Trust has a 1-year low of $13.10 and a 1-year high of $20.80. The business has a fifty day moving average price of $18.11 and a 200 day moving average price of $16.26. The stock has a market capitalization of $296.97 million, a P/E ratio of -85.56, a price-to-earnings-growth ratio of 1.35 and a beta of 0.59. The company has a debt-to-equity ratio of 1.25, a current ratio of 4.95 and a quick ratio of 4.95.

Alpine Income Property Trust (NYSE:PINE) last announced its earnings results on Thursday, February 5th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.43). The firm had revenue of $16.90 million during the quarter, compared to the consensus estimate of $15.28 million. Alpine Income Property Trust had a negative return on equity of 1.00% and a negative net margin of 4.39%.Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. Equities research analysts expect that Alpine Income Property Trust will post 1.74 EPS for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th will be paid a dividend of $0.30 per share. The ex-dividend date is Thursday, March 12th. This is a positive change from Alpine Income Property Trust’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.1%. Alpine Income Property Trust’s payout ratio is presently -495.65%.

Institutional Trading of Alpine Income Property Trust

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC increased its stake in Alpine Income Property Trust by 55.9% during the 1st quarter. Jane Street Group LLC now owns 22,479 shares of the company’s stock valued at $376,000 after purchasing an additional 8,061 shares in the last quarter. Strs Ohio purchased a new stake in shares of Alpine Income Property Trust during the first quarter valued at $42,000. Penserra Capital Management LLC acquired a new position in shares of Alpine Income Property Trust in the 2nd quarter valued at $1,012,000. Geode Capital Management LLC raised its stake in Alpine Income Property Trust by 5.8% in the 2nd quarter. Geode Capital Management LLC now owns 327,734 shares of the company’s stock worth $4,822,000 after acquiring an additional 17,947 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in Alpine Income Property Trust by 36.5% during the 2nd quarter. Rhumbline Advisers now owns 28,181 shares of the company’s stock worth $415,000 after acquiring an additional 7,529 shares during the period. 60.50% of the stock is currently owned by institutional investors and hedge funds.

Alpine Income Property Trust Company Profile

Alpine Income Property Trust, Inc is a publicly traded real estate investment trust that specializes in acquiring, owning and managing single-tenant net lease properties. The company focuses on sale-leaseback and build-to-suit transactions with food and beverage companies, targeting facilities that support production, distribution and processing operations. By structuring long-term, triple-net leases, Alpine Income Property Trust seeks to deliver stable, predictable cash flow while allowing tenants to unlock capital from real estate assets and reinvest in their core businesses.

The company’s portfolio is diversified across multiple U.S.