Alpine Income Property Trust (NYSE:PINE – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.120-2.150 for the period, compared to the consensus EPS estimate of 2.140. The company issued revenue guidance of -.
Alpine Income Property Trust Trading Down 1.4%
NYSE PINE traded down $0.29 during trading on Thursday, hitting $20.59. The stock had a trading volume of 125,700 shares, compared to its average volume of 175,716. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $340.13 million, a PE ratio of -228.74, a PEG ratio of 1.43 and a beta of 0.54. The firm has a 50 day moving average price of $19.94 and a 200 day moving average price of $19.18. Alpine Income Property Trust has a twelve month low of $13.10 and a twelve month high of $21.99.
Alpine Income Property Trust (NYSE:PINE – Get Free Report) last released its earnings results on Thursday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The business had revenue of $18.41 million for the quarter, compared to analyst estimates of $17.62 million. Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%. As a group, equities research analysts forecast that Alpine Income Property Trust will post 2.13 earnings per share for the current year.
Alpine Income Property Trust Announces Dividend
Wall Street Analyst Weigh In
A number of research firms recently issued reports on PINE. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a report on Tuesday, April 28th. Robert W. Baird reiterated a “neutral” rating and issued a $21.00 price objective (up from $18.00) on shares of Alpine Income Property Trust in a research note on Monday, June 29th. Truist Financial decreased their price target on shares of Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating for the company in a research note on Thursday, May 21st. Huntington initiated coverage on shares of Alpine Income Property Trust in a report on Wednesday, July 15th. They set an “outperform” rating and a $23.00 price target for the company. Finally, Zacks Research lowered shares of Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Alpine Income Property Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.31.
Get Our Latest Analysis on PINE
Insider Activity at Alpine Income Property Trust
In related news, Director Andrew C. Richardson sold 3,000 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $19.35, for a total value of $58,050.00. Following the transaction, the director directly owned 14,376 shares of the company’s stock, valued at $278,175.60. This trade represents a 17.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have sold 7,832 shares of company stock valued at $153,097. Company insiders own 0.60% of the company’s stock.
Institutional Trading of Alpine Income Property Trust
Institutional investors and hedge funds have recently made changes to their positions in the company. Invesco Ltd. raised its position in Alpine Income Property Trust by 1,344.2% in the 4th quarter. Invesco Ltd. now owns 441,935 shares of the company’s stock valued at $7,389,000 after purchasing an additional 411,334 shares during the last quarter. AQR Capital Management LLC grew its position in Alpine Income Property Trust by 21.3% during the 4th quarter. AQR Capital Management LLC now owns 30,109 shares of the company’s stock worth $503,000 after purchasing an additional 5,283 shares during the last quarter. Jump Financial LLC purchased a new position in Alpine Income Property Trust during the 4th quarter worth $241,000. Osaic Holdings Inc. grew its position in Alpine Income Property Trust by 3,481.5% during the 4th quarter. Osaic Holdings Inc. now owns 13,001 shares of the company’s stock worth $217,000 after purchasing an additional 12,638 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its stake in Alpine Income Property Trust by 44.7% in the fourth quarter. Public Employees Retirement System of Ohio now owns 14,801 shares of the company’s stock valued at $247,000 after purchasing an additional 4,574 shares during the period. 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 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.
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