Alpine Income Property Trust (NYSE:PINE – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.120-2.150 for the period, compared to the consensus earnings per share estimate of 2.140. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on the stock. Alliance Global Partners restated a “buy” rating on shares of Alpine Income Property Trust in a research report on Friday. Truist Financial dropped their target price on 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. Stifel Nicolaus set a $21.50 target price on Alpine Income Property Trust in a research note on Friday, April 24th. Zacks Research cut Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, JonesTrading restated a “buy” rating and issued a $22.00 price target on shares of Alpine Income Property Trust in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.31.
Get Our Latest Stock Analysis on PINE
Alpine Income Property Trust Trading Up 2.9%
Alpine Income Property Trust (NYSE:PINE – Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. The company had revenue of $20.00 million during the quarter, compared to analysts’ expectations of $18.85 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 2.120-2.150 EPS. On average, analysts forecast that Alpine Income Property Trust will post 2.13 earnings per share for the current fiscal year.
Alpine Income Property Trust Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.1%. This is a positive change from Alpine Income Property Trust’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Thursday, September 10th. Alpine Income Property Trust’s payout ratio is presently -1,333.33%.
Insider Activity at Alpine Income Property Trust
In related news, Director Andrew C. Richardson sold 2,832 shares of Alpine Income Property Trust stock in a transaction dated 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 sale, the director owned 9,544 shares in the company, valued at approximately $190,498.24. This trade represents a 22.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 7,832 shares of company stock worth $153,097 over the last quarter. 0.60% of the stock is owned by company insiders.
Institutional Investors Weigh In On Alpine Income Property Trust
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Triumph Capital Management purchased a new position in shares of Alpine Income Property Trust during the 4th quarter worth $33,000. Strs Ohio purchased a new stake in shares of Alpine Income Property Trust in the first quarter valued at $42,000. PNC Financial Services Group Inc. grew 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 purchasing an additional 1,746 shares during the period. Royal Bank of Canada increased its stake in Alpine Income Property Trust by 36.3% in the fourth quarter. Royal Bank of Canada now owns 5,134 shares of the company’s stock valued at $86,000 after purchasing an additional 1,366 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in Alpine Income Property Trust by 197.5% in the third quarter. BNP Paribas Financial Markets now owns 6,677 shares of the company’s stock valued at $95,000 after purchasing an additional 4,433 shares during the last quarter. 60.50% of the stock is currently owned by hedge funds and other 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.
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