Alpine Income Property Trust, Inc. (NYSE:PINE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Alpine Income Property Trust, Inc. (NYSE:PINE) has been assigned an average rating of “Moderate Buy” from the nine research firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $19.9167.

A number of research firms have commented on PINE. Truist Financial boosted their target price on Alpine Income Property Trust from $18.00 to $21.00 and gave the stock a “hold” rating in a research report on Wednesday. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a report on Friday, February 6th. JonesTrading boosted their price target on Alpine Income Property Trust from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Weiss Ratings upgraded Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, January 27th. Finally, Cantor Fitzgerald upgraded Alpine Income Property Trust to a “strong-buy” rating in a research report on Wednesday, February 4th.

Institutional Trading of Alpine Income Property Trust

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

Alpine Income Property Trust Stock Performance

Shares of PINE stock opened at $19.91 on Friday. The company has a market cap of $300.44 million, a price-to-earnings ratio of -86.56, a price-to-earnings-growth ratio of 1.37 and a beta of 0.59. Alpine Income Property Trust has a 12-month low of $13.10 and a 12-month high of $20.80. The stock has a 50 day simple moving average of $17.80 and a 200-day simple moving average of $16.06. 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 announced its quarterly earnings results on Thursday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.43). Alpine Income Property Trust had a negative net margin of 4.39% and a negative return on equity of 1.00%. The company had revenue of $16.90 million during the quarter, compared to analysts’ expectations of $15.28 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. On average, equities analysts forecast that Alpine Income Property Trust will post 1.74 EPS for the current year.

Alpine Income Property Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.0%. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.29. The ex-dividend date is Thursday, March 12th. Alpine Income Property Trust’s payout ratio is presently -495.65%.

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.