Alpine Income Property Trust (NYSE:PINE) Director Sells $40,560.00 in Stock

Alpine Income Property Trust, Inc. (NYSE:PINE) Director Andrew Richardson sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $20.28, for a total transaction of $40,560.00. Following the completion of the transaction, the director directly owned 8,425 shares of the company’s stock, valued at approximately $170,859. The trade was a 19.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Alpine Income Property Trust Stock Down 0.2%

Shares of PINE stock traded down $0.04 during trading on Thursday, reaching $20.29. The company’s stock had a trading volume of 150,087 shares, compared to its average volume of 177,760. Alpine Income Property Trust, Inc. has a 1-year low of $13.10 and a 1-year high of $21.99. The stock’s 50-day moving average price is $20.09 and its 200 day moving average price is $19.31. The company has a market capitalization of $357.44 million, a price-to-earnings ratio of 106.77, a P/E/G ratio of 1.35 and a beta of 0.54. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.85 and a quick ratio of 1.85.

Alpine Income Property Trust (NYSE:PINE) last released its earnings results on Thursday, July 23rd. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Alpine Income Property Trust had a net margin of 9.36% and a return on equity of 2.11%. The company had revenue of $20.00 million for the quarter, compared to analyst estimates of $18.85 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. On average, research analysts anticipate that Alpine Income Property Trust, Inc. will post 2.16 EPS for the current year.

Alpine Income Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th will be given a dividend of $0.32 per share. This is an increase from Alpine Income Property Trust’s previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Thursday, September 10th. Alpine Income Property Trust’s dividend payout ratio is currently 631.58%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a report on Friday, July 24th. Zacks Research downgraded Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Truist Financial reduced 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. Stifel Nicolaus lifted their price objective on Alpine Income Property Trust from $21.50 to $22.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Finally, Weiss Ratings cut Alpine Income Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $21.50.

Hedge Funds Weigh In On Alpine Income Property Trust

Institutional investors and hedge funds have recently modified their holdings of the company. Triumph Capital Management purchased a new position in Alpine Income Property Trust in the fourth quarter valued at $33,000. Key Capital Management INC acquired a new position in shares of Alpine Income Property Trust during the 4th quarter worth about $38,000. Strs Ohio purchased a new position in shares of Alpine Income Property Trust in the 1st quarter valued at about $42,000. PNC Financial Services Group Inc. raised its position in shares of Alpine Income Property Trust by 74.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,097 shares of the company’s stock worth $69,000 after acquiring an additional 1,746 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in Alpine Income Property Trust by 36.3% during the fourth quarter. Royal Bank of Canada now owns 5,134 shares of the company’s stock worth $86,000 after purchasing an additional 1,366 shares during the last quarter. Institutional investors and hedge funds own 60.50% of the company’s stock.

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.