Brokerages Set Alpine Income Property Trust, Inc. (NYSE:PINE) PT at $21.50

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have been assigned an average recommendation of “Moderate Buy” from the eleven analysts that are currently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $21.50.

A number of equities analysts have issued reports on the company. Weiss Ratings upgraded Alpine Income Property Trust from a “hold (c-)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Stifel Nicolaus lifted their price objective on shares of Alpine Income Property Trust from $21.50 to $22.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a research report on Friday, July 24th. Zacks Research lowered shares of Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Robert W. Baird restated a “neutral” rating and issued a $21.00 price target (up from $18.00) on shares of Alpine Income Property Trust in a report on Monday, June 29th.

Insider Activity

In other news, Director Andrew Richardson sold 2,832 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $19.96, for a total value of $56,526.72. Following the completion of the sale, the director directly owned 9,544 shares in the company, valued at $190,498.24. This trade represents a 22.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Alpine Income Property Trust

A number of hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its holdings in shares of Alpine Income Property Trust by 439.5% during the second quarter. California State Teachers Retirement System now owns 3,841 shares of the company’s stock valued at $80,000 after acquiring an additional 3,129 shares in the last quarter. Guardian Wealth Management Inc. grew its position in Alpine Income Property Trust by 7.5% in the 2nd quarter. Guardian Wealth Management Inc. now owns 79,412 shares of the company’s stock valued at $1,649,000 after purchasing an additional 5,546 shares during the period. Triumph Capital Management grew its position in Alpine Income Property Trust by 11.0% in the 2nd quarter. Triumph Capital Management now owns 23,864 shares of the company’s stock valued at $495,000 after purchasing an additional 2,358 shares during the period. Hsbc Holdings PLC increased its stake in Alpine Income Property Trust by 28.5% during the 2nd quarter. Hsbc Holdings PLC now owns 60,957 shares of the company’s stock valued at $1,267,000 after purchasing an additional 13,519 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in Alpine Income Property Trust during the 2nd quarter valued at $573,000. Institutional investors and hedge funds own 60.50% of the company’s stock.

Alpine Income Property Trust Stock Performance

Shares of Alpine Income Property Trust stock opened at $18.29 on Thursday. The business has a 50-day moving average price of $19.98 and a two-hundred day moving average price of $19.56. Alpine Income Property Trust has a 1-year low of $13.10 and a 1-year 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 company has a market cap of $322.32 million, a P/E ratio of 96.28, a PEG ratio of 1.21 and a beta of 0.54.

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

Alpine Income Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th will be given a dividend of $0.32 per share. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 7.0%. Alpine Income Property Trust’s payout ratio is currently 673.68%.

About Alpine Income Property Trust

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.