Alpine Income Property Trust, Inc. (NYSE:PINE) Given Average Recommendation of “Moderate Buy” by Brokerages

Alpine Income Property Trust, Inc. (NYSE:PINE) has been given a consensus rating of “Moderate Buy” by the ten research firms that are presently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $20.2143.

Several equities analysts have recently issued reports on PINE shares. Zacks Research lowered Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a research report on Tuesday, April 28th. JonesTrading reiterated a “buy” rating and set a $22.00 target price on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Truist Financial dropped their target price on shares of Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. Finally, Raymond James Financial upgraded shares of 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.

Alpine Income Property Trust Price Performance

Alpine Income Property Trust stock opened at $19.51 on Tuesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.45 and a current ratio of 2.45. The firm has a market cap of $322.34 million, a P/E ratio of -216.78, a P/E/G ratio of 1.31 and a beta of 0.56. The business’s fifty day moving average is $19.12 and its two-hundred day moving average is $18.41. 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 quarterly earnings results on Thursday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02). Alpine Income Property Trust had a net margin of 1.09% and a return on equity of 0.25%. The firm had revenue of $18.41 million for the quarter, compared to analyst estimates of $17.62 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. Equities research analysts forecast that Alpine Income Property Trust will post 2.14 earnings per share for the current fiscal year.

Alpine Income Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.20 annualized dividend and a yield of 6.2%. Alpine Income Property Trust’s dividend payout ratio is presently -1,333.33%.

Insider Activity

In other Alpine Income Property Trust news, Director Andrew C. Richardson sold 1,500 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $19.39, for a total value of $29,085.00. Following the completion of the sale, the director directly owned 12,376 shares in the company, valued at $239,970.64. This represents a 10.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 7,750 shares of company stock valued at $146,455 in the last ninety days. 0.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Alpine Income Property Trust

Several large investors have recently modified their holdings of PINE. Invesco Ltd. increased its holdings in shares of Alpine Income Property Trust by 1,344.2% in the fourth quarter. Invesco Ltd. now owns 441,935 shares of the company’s stock worth $7,389,000 after acquiring an additional 411,334 shares in the last quarter. Heartland Advisors Inc. increased its holdings in shares of Alpine Income Property Trust by 25.1% in the third quarter. Heartland Advisors Inc. now owns 692,400 shares of the company’s stock worth $9,811,000 after acquiring an additional 138,770 shares in the last quarter. AlphaCentric Advisors LLC bought a new stake in shares of Alpine Income Property Trust in the fourth quarter worth about $1,884,000. Sound Income Strategies LLC increased its holdings in shares of Alpine Income Property Trust by 8.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,216,494 shares of the company’s stock worth $21,349,000 after acquiring an additional 90,320 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Alpine Income Property Trust by 74.0% in the third quarter. Raymond James Financial Inc. now owns 141,315 shares of the company’s stock worth $2,002,000 after acquiring an additional 60,115 shares in the last quarter. 60.50% of the stock is currently owned by institutional investors.

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.