Alpine Income Property Trust, Inc. (NYSE:PINE) Sees Large Growth in Short Interest

Alpine Income Property Trust, Inc. (NYSE:PINE) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 343,069 shares, a growth of 36.0% from the January 29th total of 252,172 shares. Currently, 2.3% of the company’s stock are sold short. Based on an average trading volume of 216,131 shares, the short-interest ratio is presently 1.6 days. Based on an average trading volume of 216,131 shares, the short-interest ratio is presently 1.6 days. Currently, 2.3% of the company’s stock are sold short.

Alpine Income Property Trust Stock Performance

Alpine Income Property Trust stock traded down $0.15 during mid-day trading on Monday, hitting $19.57. 500,570 shares of the company’s stock traded hands, compared to its average volume of 198,681. The company has a debt-to-equity ratio of 1.25, a current ratio of 4.95 and a quick ratio of 4.95. The firm has a 50 day simple moving average of $18.11 and a two-hundred day simple moving average of $16.27. Alpine Income Property Trust has a fifty-two week low of $13.10 and a fifty-two week high of $20.80. The stock has a market cap of $295.31 million, a price-to-earnings ratio of -85.08, a P/E/G ratio of 1.35 and a beta of 0.54.

Alpine Income Property Trust (NYSE:PINE) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.43). The company 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 net margin of 4.39% and a negative return on equity of 1.00%. Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. On average, 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 6.1%. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.29. The ex-dividend date is Thursday, March 12th. Alpine Income Property Trust’s dividend payout ratio (DPR) is -495.65%.

Analysts Set New Price Targets

Several brokerages recently commented on PINE. JonesTrading increased their price target on Alpine Income Property Trust from $19.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Truist Financial upped their price objective on Alpine Income Property Trust from $18.00 to $21.00 and gave the stock a “hold” rating in a research note on Wednesday, February 18th. Wall Street Zen raised Alpine Income Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Stifel Nicolaus boosted their target price on shares of Alpine Income Property Trust from $19.00 to $20.50 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Zacks Research upgraded shares of Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Alpine Income Property Trust has an average rating of “Moderate Buy” and an average target price of $19.92.

Hedge Funds Weigh In On Alpine Income Property Trust

Several institutional investors and hedge funds have recently made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new stake in Alpine Income Property Trust during the 3rd quarter worth approximately $25,000. Triumph Capital Management bought a new position in Alpine Income Property Trust during the 4th quarter worth $33,000. Key Capital Management INC acquired a new stake in shares of Alpine Income Property Trust during the fourth quarter worth $38,000. Strs Ohio acquired a new stake in shares of Alpine Income Property Trust during the first quarter worth $42,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of Alpine Income Property Trust by 74.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,097 shares of the company’s stock valued at $69,000 after acquiring an additional 1,746 shares during the period. Institutional investors and hedge funds own 60.50% of the company’s stock.

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.