Alpine Income Property Trust (NYSE:PINE) Stock Rating Upgraded by Zacks Research

Alpine Income Property Trust (NYSE:PINE) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Monday, Zacks reports.

A number of other analysts have also issued reports on PINE. Truist Financial decreased their price objective on Alpine Income Property Trust from $20.00 to $19.00 and set a “hold” rating on the stock in a research note on Thursday, October 15th. JonesTrading lifted their price objective on Alpine Income Property Trust from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a research note on Friday, July 24th. 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. Finally, Huntington started coverage on Alpine Income Property Trust in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $23.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Alpine Income Property Trust has an average rating of “Buy” and an average target price of $21.28.

Alpine Income Property Trust Stock Performance

Shares of PINE opened at $17.71 on Monday. The company has a market capitalization of $317.63 million, a price-to-earnings ratio of 93.24, a PEG ratio of 1.16 and a beta of 0.56. The stock has a 50 day moving average of $18.49 and a 200 day moving average of $19.30. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 1.03. Alpine Income Property Trust has a 12 month low of $13.63 and a 12 month 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 for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. The firm had revenue of $20.00 million during the quarter, compared to the consensus estimate of $18.85 million. Alpine Income Property Trust had a net margin of 9.36% and a return on equity of 2.11%. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. As a group, sell-side analysts forecast that Alpine Income Property Trust will post 2.17 earnings per share for the current year.

Insider Activity at Alpine Income Property Trust

In related news, Director Andrew Richardson sold 2,000 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $20.28, for a total value of $40,560.00. Following the sale, the director directly owned 8,425 shares of the company’s stock, valued at $170,859. This represents a 19.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is currently owned by insiders.

Institutional Trading of Alpine Income Property Trust

A number of hedge funds have recently made changes to their positions in the stock. Guardian Wealth Management Inc. increased its position in shares of Alpine Income Property Trust by 7.5% during the second quarter. Guardian Wealth Management Inc. now owns 79,412 shares of the company’s stock valued at $1,649,000 after acquiring an additional 5,546 shares in the last quarter. Triumph Capital Management raised its position in Alpine Income Property Trust by 11.0% in the 2nd quarter. Triumph Capital Management now owns 23,864 shares of the company’s stock worth $495,000 after buying an additional 2,358 shares during the last quarter. Hsbc Holdings PLC raised its holdings in shares of Alpine Income Property Trust by 28.5% during the second quarter. Hsbc Holdings PLC now owns 60,957 shares of the company’s stock valued at $1,267,000 after purchasing an additional 13,519 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Alpine Income Property Trust in the second quarter worth approximately $573,000. Finally, Odyssean LLC purchased a new stake in Alpine Income Property Trust during the 2nd quarter valued at $467,000. 60.50% of the stock is owned by 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.