Alpine Income Property Trust, Inc. (NYSE:PINE) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have earned an average rating of “Moderate Buy” from the eleven ratings firms that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $21.50.

A number of analysts recently weighed in on PINE shares. Alliance Global Partners restated a “buy” rating on shares of Alpine Income Property Trust in a report on Friday, July 24th. Robert W. Baird reaffirmed a “neutral” rating and issued a $21.00 price target (up from $18.00) on shares of Alpine Income Property Trust in a report on Monday, June 29th. Weiss Ratings downgraded Alpine Income Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, September 21st. Stifel Nicolaus raised their price objective on Alpine Income Property Trust from $21.50 to $22.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, JonesTrading lifted their target price on Alpine Income Property Trust from $22.00 to $23.00 and gave the stock a “buy” rating in a report on Friday, July 24th.

Alpine Income Property Trust Stock Up 0.4%

PINE opened at $17.95 on Monday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market capitalization of $321.93 million, a PE ratio of 94.50, a P/E/G ratio of 1.18 and a beta of 0.56. The stock’s fifty day moving average is $18.76 and its 200-day moving average is $19.31. Alpine Income Property Trust has a one year low of $13.10 and a one year high of $21.99.

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 return on equity of 2.11% and a net margin of 9.36%. The firm 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, equities analysts predict that Alpine Income Property Trust will post 2.16 EPS for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 10th were given a $0.32 dividend. This is a positive change from Alpine Income Property Trust’s previous quarterly dividend of $0.30. The ex-dividend date was Thursday, September 10th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 7.1%. Alpine Income Property Trust’s dividend payout ratio is 673.68%.

Insiders Place Their Bets

In related news, Director Andrew Richardson sold 2,000 shares of Alpine Income Property Trust stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $20.28, for a total value of $40,560.00. Following the transaction, the director owned 8,425 shares of the company’s stock, valued at approximately $170,859. This trade represents a 19.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Legal & General Group Plc purchased a new stake in shares of Alpine Income Property Trust in the 2nd quarter valued at approximately $32,000. Virtus Advisers LLC purchased a new position in Alpine Income Property Trust during the 2nd quarter worth approximately $80,000. PNC Financial Services Group Inc. grew its position in Alpine Income Property Trust by 13.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,649 shares of the company’s stock worth $84,000 after purchasing an additional 552 shares in the last quarter. State of Wyoming acquired a new stake in Alpine Income Property Trust during the 1st quarter valued at $128,000. Finally, Abel Hall LLC acquired a new stake in Alpine Income Property Trust during the 1st quarter valued at $189,000. 60.50% of the stock is owned by hedge funds and other institutional investors.

About Alpine Income Property Trust

Alpine Income Property Trust, Inc is a real estate investment trust (REIT) that owns and manages a portfolio of income-producing commercial properties. The company primarily focuses on single-tenant, net-leased retail properties, where tenants generally are responsible for property taxes, insurance and maintenance under the terms of their leases.

Alpine’s properties are occupied by tenants across a range of industries, including retail, grocery, home improvement, automotive services and other consumer-oriented businesses.