Alpine Income Property Trust, Inc. (NYSE:PINE) Given Average Rating of “Hold” by Analysts

Alpine Income Property Trust, Inc. (NYSE:PINE) has earned an average recommendation of “Hold” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $17.8750.

Several equities analysts have commented on PINE shares. Alliance Global Partners reiterated a “neutral” rating on shares of Alpine Income Property Trust in a research report on Monday, November 17th. Industrial Alliance Securities set a $18.50 target price on shares of Alpine Income Property Trust in a research report on Monday, November 17th. Stifel Nicolaus increased their price target on shares of Alpine Income Property Trust from $17.50 to $19.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Jones Trading reiterated a “buy” rating and issued a $19.00 price target on shares of Alpine Income Property Trust in a research report on Monday, October 27th. Finally, Zacks Research cut Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 22nd.

Alpine Income Property Trust Stock Performance

NYSE:PINE opened at $16.74 on Friday. The company has a market cap of $237.02 million, a price-to-earnings ratio of -47.82, a PEG ratio of 1.44 and a beta of 0.58. Alpine Income Property Trust has a 1 year low of $13.10 and a 1 year high of $17.88. The stock’s 50 day simple moving average is $16.39 and its two-hundred day simple moving average is $15.15. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.74 and a quick ratio of 0.74.

Alpine Income Property Trust (NYSE:PINE) last posted its earnings results on Thursday, October 23rd. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.52). Alpine Income Property Trust had a negative net margin of 8.86% and a negative return on equity of 1.96%. The firm had revenue of $14.56 million for the quarter, compared to the consensus estimate of $14.67 million. Alpine Income Property Trust has set its FY 2025 guidance at 1.820-1.850 EPS. As a group, equities analysts anticipate that Alpine Income Property Trust will post 1.74 earnings per share for the current fiscal year.

Alpine Income Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Thursday, December 11th were given a dividend of $0.285 per share. The ex-dividend date of this dividend was Thursday, December 11th. This represents a $1.14 annualized dividend and a dividend yield of 6.8%. Alpine Income Property Trust’s payout ratio is currently -325.71%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new position in Alpine Income Property Trust during the third quarter valued at $25,000. Strs Ohio bought a new stake in shares of Alpine Income Property Trust in the 1st quarter worth about $42,000. BNP Paribas Financial Markets boosted its stake in shares of Alpine Income Property Trust by 197.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,677 shares of the company’s stock worth $95,000 after purchasing an additional 4,433 shares during the period. Public Employees Retirement System of Ohio grew its holdings in Alpine Income Property Trust by 31.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 10,227 shares of the company’s stock valued at $145,000 after purchasing an additional 2,442 shares during the last quarter. Finally, Jeppson Wealth Management LLC bought a new position in Alpine Income Property Trust during the 2nd quarter valued at about $152,000. 60.50% of the stock is 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.