Insider Selling: Alpine Income Property Trust (NYSE:PINE) Director Sells $29,085.00 in Stock

Alpine Income Property Trust, Inc. (NYSE:PINE) Director Andrew Richardson sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $19.39, for a total value of $29,085.00. Following the completion of the transaction, the director directly owned 12,376 shares in the company, valued at $239,970.64. The trade was a 10.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Alpine Income Property Trust Stock Down 1.7%

Shares of PINE stock opened at $19.29 on Friday. The stock’s 50 day simple moving average is $19.01 and its 200 day simple moving average is $18.27. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.45 and a current ratio of 2.45. Alpine Income Property Trust, Inc. has a twelve month low of $13.10 and a twelve month high of $20.80. The company has a market capitalization of $318.80 million, a price-to-earnings ratio of -214.33, a PEG ratio of 1.31 and a beta of 0.56.

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

Alpine Income Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Thursday, June 11th. Alpine Income Property Trust’s payout ratio is currently -1,333.33%.

Institutional Trading of Alpine Income Property Trust

Several institutional investors have recently modified their holdings of the company. Segall Bryant & Hamill LLC acquired a new stake 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% during the 1st quarter. Bank of America Corp DE now owns 11,750 shares of the company’s stock worth $212,000 after purchasing 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% during the 1st quarter. Renaissance Technologies LLC now owns 121,200 shares of the company’s stock worth $2,182,000 after purchasing an additional 56,422 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of Alpine Income Property Trust by 70.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 25,222 shares of the company’s stock worth $454,000 after purchasing an additional 10,421 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Alpine Income Property Trust during the 1st quarter worth approximately $206,000. Institutional investors and hedge funds own 60.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on PINE shares. Truist Financial dropped their price target on Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating on the stock in a research report on Thursday, May 21st. iA Financial set a $21.00 price target on Alpine Income Property Trust in a research report on Friday, February 6th. JonesTrading reaffirmed a “buy” rating and issued a $22.00 price target on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Stifel Nicolaus set a $21.50 price target on Alpine Income Property Trust in a research report on Friday, April 24th. Finally, Wall Street Zen raised Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $20.21.

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.