Alpine Income Property Trust, Inc. (NYSE:PINE) Receives $21.50 Average PT from Analysts

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have received a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $21.50.

PINE has been the topic of a number of recent analyst reports. Huntington began coverage on Alpine Income Property Trust in a report on Wednesday, July 15th. They set an “outperform” rating and a $23.00 target price on the stock. Weiss Ratings raised shares of Alpine Income Property Trust from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. 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 report on Monday, June 29th. Zacks Research lowered shares of Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Finally, JonesTrading increased their price objective on shares of Alpine Income Property Trust from $22.00 to $23.00 and gave the company a “buy” rating in a research report on Friday, July 24th.

Alpine Income Property Trust Trading Down 0.7%

Alpine Income Property Trust stock opened at $19.50 on Friday. Alpine Income Property Trust has a 52 week low of $13.10 and a 52 week high of $21.99. 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 stock has a market capitalization of $343.59 million, a P/E ratio of 102.64, a PEG ratio of 1.29 and a beta of 0.54. The stock has a 50-day simple moving average of $20.20 and a 200 day simple moving average of $19.57.

Alpine Income Property Trust (NYSE:PINE) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.16 earnings per share 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 the consensus estimate of $18.85 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. Analysts expect that Alpine Income Property Trust will post 2.16 earnings per share for the current year.

Alpine Income Property Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 10th will be paid a $0.32 dividend. This is an increase from Alpine Income Property Trust’s previous quarterly dividend of $0.30. The ex-dividend date is Thursday, September 10th. This represents a $1.28 dividend on an annualized basis and a yield of 6.6%. Alpine Income Property Trust’s dividend payout ratio (DPR) is currently 631.58%.

Insiders Place Their Bets

In other Alpine Income Property Trust news, Director Andrew C. Richardson sold 2,832 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $19.96, for a total value of $56,526.72. Following the transaction, the director directly owned 9,544 shares of the company’s stock, valued at $190,498.24. This represents a 22.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders have sold 6,332 shares of company stock valued at $126,172. 0.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Alpine Income Property Trust

Several institutional investors and hedge funds have recently made changes to their positions in PINE. Legal & General Group Plc bought a new position in shares of Alpine Income Property Trust during the second quarter worth approximately $32,000. Triumph Capital Management bought a new stake in Alpine Income Property Trust in the 4th quarter valued at $33,000. Key Capital Management INC bought a new stake in Alpine Income Property Trust in the 4th quarter valued at $38,000. Strs Ohio acquired a new position in Alpine Income Property Trust in the 1st quarter valued at $42,000. Finally, Virtus Advisers LLC acquired a new position in Alpine Income Property Trust in the 2nd quarter valued at $80,000. Institutional investors and hedge funds own 60.50% of the company’s stock.

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.