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

Alpine Income Property Trust, Inc. (NYSE:PINE) has received a consensus rating of “Moderate Buy” from the ten research firms that are presently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $20.2143.

Several research firms have recently commented on PINE. Raymond James Financial raised shares of Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 price target on the stock in a research note on Tuesday, March 17th. iA Financial set a $21.00 price target on shares of Alpine Income Property Trust in a research note on Friday, February 6th. Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a research note on Tuesday, April 28th. Stifel Nicolaus set a $21.50 price target on shares of Alpine Income Property Trust in a research note on Friday, April 24th. Finally, B. Riley Financial reissued a “buy” rating on shares of Alpine Income Property Trust in a research note on Thursday, February 5th.

Insider Activity at Alpine Income Property Trust

In other news, Director Andrew C. Richardson sold 1,500 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $19.39, for a total transaction of $29,085.00. Following the sale, the director directly owned 12,376 shares of the company’s stock, valued at $239,970.64. This represents a 10.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold 7,750 shares of company stock worth $146,455 over the last quarter. 0.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Alpine Income Property Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of PINE. Invesco Ltd. boosted its stake in Alpine Income Property Trust by 1,344.2% in the fourth quarter. Invesco Ltd. now owns 441,935 shares of the company’s stock valued at $7,389,000 after acquiring an additional 411,334 shares during the last quarter. Heartland Advisors Inc. boosted its stake in Alpine Income Property Trust by 25.1% in the third quarter. Heartland Advisors Inc. now owns 692,400 shares of the company’s stock valued at $9,811,000 after acquiring an additional 138,770 shares during the last quarter. AlphaCentric Advisors LLC bought a new position in Alpine Income Property Trust in the fourth quarter valued at approximately $1,884,000. Sound Income Strategies LLC boosted its stake in Alpine Income Property Trust by 8.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,216,494 shares of the company’s stock valued at $21,349,000 after acquiring an additional 90,320 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in Alpine Income Property Trust by 74.0% in the third quarter. Raymond James Financial Inc. now owns 141,315 shares of the company’s stock valued at $2,002,000 after acquiring an additional 60,115 shares during the last quarter. 60.50% of the stock is owned by institutional investors.

Alpine Income Property Trust Price Performance

Shares of Alpine Income Property Trust stock opened at $19.21 on Tuesday. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $317.33 million, a price-to-earnings ratio of -213.41, a P/E/G ratio of 1.29 and a beta of 0.56. Alpine Income Property Trust has a 1-year low of $13.10 and a 1-year high of $20.80. The firm’s 50-day moving average price is $19.02 and its two-hundred day moving average price is $18.31.

Alpine Income Property Trust (NYSE:PINE) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate 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 for 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. On average, equities analysts predict that Alpine Income Property Trust will post 2.14 earnings per share for the current fiscal year.

Alpine Income Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Thursday, June 11th. Alpine Income Property Trust’s dividend payout ratio is -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.