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

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have been given a consensus rating of “Moderate Buy” by the ten brokerages that are covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $20.2143.

PINE has been the subject of a number of analyst reports. Truist Financial reduced their price objective on shares of Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating for the company in a report on Thursday, May 21st. JonesTrading reissued a “buy” rating and set a $22.00 price objective on shares of Alpine Income Property Trust in a report on Friday, April 24th. Alliance Global Partners restated a “buy” rating on shares of Alpine Income Property Trust in a report on Tuesday, April 28th. Raymond James Financial raised Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 target price on the stock in a research report on Tuesday, March 17th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Alpine Income Property Trust in a report on Friday, April 24th.

Insider Activity

In other news, Director Andrew C. Richardson sold 2,832 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $19.96, for a total value of $56,526.72. Following the completion of the sale, the director owned 9,544 shares in the company, valued at $190,498.24. This represents a 22.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last three months, insiders have sold 10,582 shares of company stock valued at $202,982. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Alpine Income Property Trust

A number of institutional investors have recently added to or reduced their stakes in the company. Segall Bryant & Hamill LLC bought a new position in shares of Alpine Income Property Trust during the 1st quarter worth approximately $847,000. Bank of America Corp DE grew its holdings in shares of Alpine Income Property Trust by 11.6% in the first quarter. Bank of America Corp DE now owns 11,750 shares of the company’s stock valued at $212,000 after acquiring an additional 1,222 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of Alpine Income Property Trust by 87.1% in the first quarter. Renaissance Technologies LLC now owns 121,200 shares of the company’s stock valued at $2,182,000 after acquiring an additional 56,422 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Alpine Income Property Trust by 70.4% during the first quarter. Public Employees Retirement System of Ohio now owns 25,222 shares of the company’s stock valued at $454,000 after acquiring an additional 10,421 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Alpine Income Property Trust during the first quarter valued at approximately $206,000. 60.50% of the stock is owned by institutional investors.

Alpine Income Property Trust Trading Up 2.7%

NYSE PINE opened at $20.79 on Friday. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 1.08. Alpine Income Property Trust has a 52 week low of $13.10 and a 52 week high of $21.20. The business has a 50 day moving average price of $19.44 and a 200-day moving average price of $18.67. The company has a market cap of $343.43 million, a price-to-earnings ratio of -230.96, a P/E/G ratio of 1.35 and a beta of 0.56.

Alpine Income Property Trust (NYSE:PINE) last issued its earnings results on Thursday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%.The firm had revenue of $18.41 million during the quarter, compared to the consensus estimate of $17.62 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. As a group, equities analysts expect that Alpine Income Property Trust will post 2.14 earnings per share for the current fiscal year.

Alpine Income Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Thursday, June 11th. Alpine Income Property Trust’s payout ratio is currently -1,333.33%.

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.