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

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have received an average rating of “Moderate Buy” from the eleven research firms that are presently covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $20.3125.

Several brokerages have recently commented on PINE. Zacks Research lowered Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Weiss Ratings raised shares of Alpine Income Property Trust from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a report on Tuesday, April 28th. Truist Financial reduced their price target on shares of Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating on the stock in a research report on Thursday, May 21st. Finally, Raymond James Financial raised shares of Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 price objective for the company in a research report on Tuesday, March 17th.

Alpine Income Property Trust Stock Performance

Alpine Income Property Trust stock opened at $20.61 on Friday. The stock has a 50 day moving average of $19.56 and a 200-day moving average of $18.79. The stock has a market cap of $340.39 million, a P/E ratio of -228.92, a price-to-earnings-growth ratio of 1.38 and a beta of 0.54. Alpine Income Property Trust has a 52 week low of $13.10 and a 52 week high of $21.32. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 1.08.

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 net margin of 1.09% and a return on equity of 0.25%. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. On average, analysts expect that Alpine Income Property Trust will post 2.14 EPS for the current fiscal year.

Alpine Income Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date was Thursday, June 11th. Alpine Income Property Trust’s dividend payout ratio is presently -1,333.33%.

Insider Activity

In related news, Director Andrew C. Richardson sold 2,832 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $19.96, for a total transaction of $56,526.72. Following the completion of the transaction, the director owned 9,544 shares in the company, valued at $190,498.24. The trade was a 22.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders sold 7,832 shares of company stock valued at $153,097. Company insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Alpine Income Property Trust

A number of hedge funds have recently added to or reduced their stakes in PINE. Triumph Capital Management acquired a new stake in Alpine Income Property Trust in the fourth quarter worth about $33,000. Key Capital Management INC acquired a new position in Alpine Income Property Trust during the 4th quarter valued at about $38,000. Strs Ohio bought a new stake in shares of Alpine Income Property Trust during the 1st quarter worth about $42,000. PNC Financial Services Group Inc. raised its position in shares of Alpine Income Property Trust by 74.3% during the 4th 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 in the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of Alpine Income Property Trust by 36.3% in the 4th quarter. Royal Bank of Canada now owns 5,134 shares of the company’s stock worth $86,000 after acquiring an additional 1,366 shares during the period. 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.