Alpine Income Property Trust, Inc. (NYSE:PINE) Sees Large Increase in Short Interest

Alpine Income Property Trust, Inc. (NYSE:PINE) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 343,069 shares, a growth of 36.0% from the January 29th total of 252,172 shares. Based on an average daily volume of 216,131 shares, the short-interest ratio is currently 1.6 days. Currently, 2.3% of the shares of the stock are sold short. Currently, 2.3% of the shares of the stock are sold short. Based on an average daily volume of 216,131 shares, the short-interest ratio is currently 1.6 days.

Alpine Income Property Trust Trading Down 0.3%

Alpine Income Property Trust stock traded down $0.06 during mid-day trading on Wednesday, hitting $19.55. The stock had a trading volume of 184,603 shares, compared to its average volume of 201,177. The stock has a 50-day simple moving average of $18.23 and a two-hundred day simple moving average of $16.34. The company has a current ratio of 4.95, a quick ratio of 4.95 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of $295.01 million, a PE ratio of -85.00, a P/E/G ratio of 1.34 and a beta of 0.54. Alpine Income Property Trust has a 12 month low of $13.10 and a 12 month high of $20.80.

Alpine Income Property Trust (NYSE:PINE) last released its 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). The business had revenue of $16.90 million for the quarter, compared to analyst estimates of $15.28 million. Alpine Income Property Trust had a negative net margin of 4.39% and a negative return on equity of 1.00%. Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. As a group, sell-side analysts forecast that Alpine Income Property Trust will post 1.74 EPS for the current year.

Alpine Income Property Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 12th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Thursday, March 12th. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.29. Alpine Income Property Trust’s dividend payout ratio (DPR) is -495.65%.

Institutional Investors Weigh In On Alpine Income Property Trust

Several large investors have recently modified their holdings of the business. Martingale Asset Management L P increased its stake in shares of Alpine Income Property Trust by 3.2% during the 4th quarter. Martingale Asset Management L P now owns 16,217 shares of the company’s stock worth $271,000 after purchasing an additional 500 shares during the last quarter. Deutsche Bank AG increased its position in Alpine Income Property Trust by 1.8% during the fourth quarter. Deutsche Bank AG now owns 32,366 shares of the company’s stock worth $541,000 after buying an additional 567 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Alpine Income Property Trust by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 38,731 shares of the company’s stock valued at $648,000 after buying an additional 663 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Alpine Income Property Trust by 5.8% in the third quarter. JPMorgan Chase & Co. now owns 14,396 shares of the company’s stock valued at $204,000 after buying an additional 788 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in shares of Alpine Income Property Trust by 7.3% during the 3rd quarter. Alliancebernstein L.P. now owns 14,790 shares of the company’s stock worth $210,000 after acquiring an additional 1,000 shares during the period. 60.50% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on PINE shares. JonesTrading upped their price objective on shares of Alpine Income Property Trust from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Truist Financial increased their price target on Alpine Income Property Trust from $18.00 to $21.00 and gave the stock a “hold” rating in a research report on Wednesday, February 18th. Cantor Fitzgerald raised Alpine Income Property Trust to a “strong-buy” rating in a report on Wednesday, February 4th. Wall Street Zen raised Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Stifel Nicolaus increased their target price on Alpine Income Property Trust from $19.00 to $20.50 and gave the stock a “buy” rating in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Alpine Income Property Trust presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.92.

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.