Alpine Income Property Trust (NYSE:PINE) Downgraded to “Hold” Rating by Zacks Research

Zacks Research cut shares of Alpine Income Property Trust (NYSE:PINE) from a strong-buy rating to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.

Several other analysts have also recently commented on PINE. JonesTrading reaffirmed a “buy” rating and issued a $22.00 target price on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Truist Financial raised their target price on Alpine Income Property Trust from $18.00 to $21.00 and gave the stock a “hold” rating in a research report on Wednesday, February 18th. Wall Street Zen raised Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Alliance Global Partners reaffirmed a “buy” rating on shares of Alpine Income Property Trust in a research report on Tuesday, April 28th. Finally, Raymond James Financial raised Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 target price for the company in a research report on Tuesday, March 17th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $20.36.

Alpine Income Property Trust Stock Performance

Shares of NYSE PINE opened at $19.04 on Monday. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $314.46 million, a price-to-earnings ratio of -211.48, a PEG ratio of 1.27 and a beta of 0.56. The stock’s fifty day simple moving average is $18.97 and its 200 day simple moving average is $18.05. Alpine Income Property Trust has a 52-week low of $13.10 and a 52-week high of $20.80.

Alpine Income Property Trust (NYSE:PINE) last issued its earnings results on Thursday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The company had revenue of $18.41 million during the quarter, compared to analyst estimates of $17.62 million. Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%.Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. As a group, sell-side analysts forecast that Alpine Income Property Trust will post 2.14 earnings per share for the current fiscal year.

Insider Transactions at Alpine Income Property Trust

In related news, Director Andrew C. Richardson sold 3,000 shares of Alpine Income Property Trust stock in a transaction on Friday, May 8th. The stock was sold at an average price of $19.35, for a total transaction of $58,050.00. Following the completion of the sale, the director owned 14,376 shares of the company’s stock, valued at approximately $278,175.60. This trade represents a 17.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.60% of the company’s stock.

Institutional Trading of Alpine Income Property Trust

A number of institutional investors have recently bought and sold shares of the company. Atlantic Union Bankshares Corp acquired a new stake in shares of Alpine Income Property Trust in the third quarter worth about $25,000. Triumph Capital Management acquired a new stake in shares of Alpine Income Property Trust in the fourth quarter worth about $33,000. Key Capital Management INC acquired a new stake in shares of Alpine Income Property Trust in the fourth quarter worth about $38,000. Strs Ohio acquired a new stake in shares of Alpine Income Property Trust in the first quarter worth about $42,000. Finally, PNC Financial Services Group Inc. lifted 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 worth $69,000 after buying an additional 1,746 shares during the last quarter. 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.