Alpine Income Property Trust (NYSE:PINE) Receives Buy Rating from JonesTrading

Alpine Income Property Trust (NYSE:PINE)‘s stock had its “buy” rating reiterated by investment analysts at JonesTrading in a research note issued on Friday,Benzinga reports. They presently have a $22.00 price target on the stock. JonesTrading’s target price indicates a potential upside of 11.25% from the company’s current price.

A number of other analysts have also recently commented on the company. Stifel Nicolaus set a $21.50 price objective on Alpine Income Property Trust in a research report on Friday. iA Financial set a $21.00 price objective on Alpine Income Property Trust in a research 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. B. Riley Financial reiterated a “buy” rating on shares of Alpine Income Property Trust in a research report on Thursday, February 5th. Finally, Cantor Fitzgerald upgraded Alpine Income Property Trust to a “strong-buy” rating in a research report on Wednesday, February 4th. Three analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Alpine Income Property Trust has an average rating of “Buy” and an average price target of $20.36.

Alpine Income Property Trust Price Performance

Shares of Alpine Income Property Trust stock traded up $0.12 on Friday, reaching $19.78. The company’s stock had a trading volume of 210,586 shares, compared to its average volume of 176,704. The company has a market capitalization of $323.91 million, a P/E ratio of -85.97, a PEG ratio of 1.31 and a beta of 0.58. Alpine Income Property Trust has a 52-week low of $13.10 and a 52-week high of $20.80. The stock has a 50-day moving average price of $19.22 and a 200-day moving average price of $17.39. 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 (NYSE:PINE) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The business had revenue of $18.41 million during the quarter, compared to analysts’ expectations of $17.62 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 2.110-2.150 EPS. Analysts expect that Alpine Income Property Trust will post 2.09 EPS for the current year.

Insiders Place Their Bets

In other Alpine Income Property Trust news, Director Andrew C. Richardson sold 2,750 shares of the business’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $18.14, for a total transaction of $49,885.00. Following the transaction, the director owned 16,444 shares of the company’s stock, valued at approximately $298,294.16. The trade was a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Alpine Income Property Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PINE. Jane Street Group LLC boosted its stake in Alpine Income Property Trust by 55.9% during the first quarter. Jane Street Group LLC now owns 22,479 shares of the company’s stock worth $376,000 after buying an additional 8,061 shares during the last quarter. Strs Ohio acquired a new position in shares of Alpine Income Property Trust in the 1st quarter valued at $42,000. Geode Capital Management LLC lifted its stake in shares of Alpine Income Property Trust by 5.8% in the 2nd quarter. Geode Capital Management LLC now owns 327,734 shares of the company’s stock valued at $4,822,000 after purchasing an additional 17,947 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of Alpine Income Property Trust by 36.5% in the 2nd quarter. Rhumbline Advisers now owns 28,181 shares of the company’s stock valued at $415,000 after purchasing an additional 7,529 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its stake in shares of Alpine Income Property Trust by 42.3% in the 2nd quarter. Hsbc Holdings PLC now owns 27,866 shares of the company’s stock valued at $412,000 after purchasing an additional 8,278 shares during the last quarter. Institutional investors and hedge funds own 60.50% of the company’s stock.

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.