Truist Financial Forecasts Strong Price Appreciation for Alpine Income Property Trust (NYSE:PINE) Stock

Alpine Income Property Trust (NYSE:PINE) had its price target upped by equities research analysts at Truist Financial from $18.00 to $21.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s price objective would indicate a potential upside of 5.17% from the company’s current price.

Other analysts also recently issued research reports about the company. JonesTrading raised their price objective on Alpine Income Property Trust from $19.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. iA Financial set a $21.00 target price on Alpine Income Property Trust in a research report on Friday, February 6th. B. Riley Financial restated a “buy” rating on shares of Alpine Income Property Trust in a research note on Thursday, February 5th. Weiss Ratings upgraded shares of Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, January 27th. Finally, Zacks Research raised shares of Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Alpine Income Property Trust has an average rating of “Moderate Buy” and a consensus price target of $19.92.

Alpine Income Property Trust Trading Down 1.3%

Shares of PINE stock opened at $19.97 on Wednesday. The firm has a market capitalization of $301.30 million, a P/E ratio of -86.81, a price-to-earnings-growth ratio of 1.38 and a beta of 0.59. Alpine Income Property Trust has a 1 year low of $13.10 and a 1 year high of $20.80. The firm’s fifty day simple moving average is $17.74 and its 200 day simple moving average is $16.01. The company has a current ratio of 4.95, a quick ratio of 4.95 and a debt-to-equity ratio of 1.25.

Alpine Income Property Trust (NYSE:PINE) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.43). Alpine Income Property Trust had a negative return on equity of 1.00% and a negative net margin of 4.39%.The company had revenue of $16.90 million during the quarter, compared to analyst estimates of $15.28 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. As a group, sell-side analysts predict that Alpine Income Property Trust will post 1.74 EPS for the current year.

Institutional Investors Weigh In On Alpine Income Property Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC boosted its stake in Alpine Income Property Trust by 55.9% in the first quarter. Jane Street Group LLC now owns 22,479 shares of the company’s stock worth $376,000 after purchasing an additional 8,061 shares in the last quarter. Strs Ohio bought a new position in shares of Alpine Income Property Trust in the first quarter valued at about $42,000. Penserra Capital Management LLC acquired a new position in Alpine Income Property Trust during the 2nd quarter worth about $1,012,000. Geode Capital Management LLC grew its holdings in Alpine Income Property Trust by 5.8% during the 2nd quarter. Geode Capital Management LLC now owns 327,734 shares of the company’s stock worth $4,822,000 after acquiring an additional 17,947 shares during the last quarter. Finally, Rhumbline Advisers grew its holdings in Alpine Income Property Trust by 36.5% during the 2nd quarter. Rhumbline Advisers now owns 28,181 shares of the company’s stock worth $415,000 after acquiring an additional 7,529 shares during the last quarter. 60.50% of the stock is owned by institutional investors and hedge funds.

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.