Alpine Income Property Trust, Inc. (NYSE:PINE) Receives $21.50 Average PT from Brokerages

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have been given a consensus rating of “Moderate Buy” by the eleven analysts that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $21.50.

A number of brokerages recently weighed in on PINE. Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a report on Friday, July 24th. Huntington assumed coverage on Alpine Income Property Trust in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $23.00 target price for the company. Weiss Ratings upgraded shares of Alpine Income Property Trust from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Robert W. Baird reissued a “neutral” rating and set a $21.00 price target (up from $18.00) on shares of Alpine Income Property Trust in a research note on Monday, June 29th. Finally, JonesTrading boosted their price objective on shares of Alpine Income Property Trust from $22.00 to $23.00 and gave the stock a “buy” rating in a report on Friday, July 24th.

Insiders Place Their Bets

In other Alpine Income Property Trust news, Director Andrew C. Richardson sold 2,000 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $20.28, for a total value of $40,560.00. Following the completion of the sale, the director directly owned 8,425 shares of the company’s stock, valued at $170,859. The trade was a 19.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold 6,832 shares of company stock valued at $135,607 over the last ninety days. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio purchased a new position in shares of Alpine Income Property Trust in the 2nd quarter valued at approximately $573,000. Odyssean LLC purchased a new stake in Alpine Income Property Trust in the second quarter worth $467,000. Hsbc Holdings PLC purchased a new stake in Alpine Income Property Trust in the second quarter worth $1,267,000. Legal & General Group Plc bought a new position in Alpine Income Property Trust in the second quarter worth $32,000. Finally, Globeflex Capital L P bought a new position in Alpine Income Property Trust in the second quarter worth $1,535,000. Hedge funds and other institutional investors own 60.50% of the company’s stock.

Alpine Income Property Trust Price Performance

Alpine Income Property Trust stock opened at $19.60 on Friday. Alpine Income Property Trust has a 12 month low of $13.10 and a 12 month high of $21.99. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 1.03. The business’s 50 day simple moving average is $20.22 and its 200 day simple moving average is $19.54. The company has a market cap of $345.35 million, a price-to-earnings ratio of 103.16, a PEG ratio of 1.31 and a beta of 0.54.

Alpine Income Property Trust (NYSE:PINE) last posted its earnings results on Thursday, July 23rd. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. The firm had revenue of $20.00 million during the quarter, compared to the consensus estimate of $18.85 million. Alpine Income Property Trust had a net margin of 9.36% and a return on equity of 2.11%. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. Sell-side analysts forecast that Alpine Income Property Trust will post 2.16 EPS for the current year.

Alpine Income Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 10th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Thursday, September 10th. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.30. Alpine Income Property Trust’s dividend payout ratio is 631.58%.

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.