Truist Financial Forecasts Strong Price Appreciation for Alpine Income Property Trust (NYSE:PINE) Stock

Alpine Income Property Trust (NYSE:PINE) had its price objective raised by equities research analysts at Truist Financial from $18.00 to $21.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s target price indicates a potential upside of 3.58% from the company’s current price.

Several other research analysts have also recently issued reports on PINE. JonesTrading increased their price target on shares of Alpine Income Property Trust from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Wall Street Zen upgraded shares of Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a report on Friday, February 6th. Zacks Research upgraded Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Finally, Weiss Ratings raised shares of Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $19.92.

Alpine Income Property Trust Stock Performance

PINE traded down $0.12 during trading on Wednesday, hitting $20.28. 61,518 shares of the stock were exchanged, compared to its average volume of 171,885. The firm has a market capitalization of $305.95 million, a P/E ratio of -88.15, a PEG ratio of 1.40 and a beta of 0.59. The stock has a fifty day moving average price of $17.62 and a two-hundred day moving average price of $15.95. The company has a quick ratio of 4.95, a current ratio of 4.95 and a debt-to-equity ratio of 1.25. Alpine Income Property Trust has a 1-year low of $13.10 and a 1-year high of $20.80.

Alpine Income Property Trust (NYSE:PINE) last announced its earnings results on Thursday, February 5th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.43). The business had revenue of $16.90 million during the quarter, compared to analysts’ expectations 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 predict that Alpine Income Property Trust will post 1.74 earnings per share for the current year.

Institutional Investors Weigh In On Alpine Income Property Trust

Hedge funds have recently modified their holdings of the company. Gabelli Funds LLC acquired a new position in shares of Alpine Income Property Trust in the second quarter valued at approximately $3,621,000. Heartland Advisors Inc. grew its stake in Alpine Income Property Trust by 25.1% in the 3rd quarter. Heartland Advisors Inc. now owns 692,400 shares of the company’s stock worth $9,811,000 after acquiring an additional 138,770 shares during the period. AlphaCentric Advisors LLC acquired a new position in Alpine Income Property Trust in the 4th quarter valued at $1,884,000. Sound Income Strategies LLC raised its holdings in Alpine Income Property Trust by 8.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,216,494 shares of the company’s stock valued at $21,349,000 after acquiring an additional 90,320 shares during the last quarter. Finally, Penserra Capital Management LLC purchased a new position in shares of Alpine Income Property Trust during the 2nd quarter worth $1,012,000. 60.50% of the stock is owned by institutional investors and hedge funds.

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.