Alpine Income Property Trust (NYSE:PINE) Director Andrew Richardson Sells 3,000 Shares

Alpine Income Property Trust, Inc. (NYSE:PINE) Director Andrew Richardson sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $19.35, for a total transaction of $58,050.00. Following the completion of the sale, the director owned 14,376 shares of the company’s stock, valued at $278,175.60. The trade was a 17.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Alpine Income Property Trust Trading Down 1.0%

PINE opened at $19.16 on Tuesday. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $316.59 million, a PE ratio of -212.91, a PEG ratio of 1.29 and a beta of 0.56. Alpine Income Property Trust, Inc. has a 1-year low of $13.10 and a 1-year high of $20.80. The firm has a 50-day moving average price of $19.05 and a two-hundred day moving average price of $17.84.

Alpine Income Property Trust (NYSE:PINE) last issued its earnings results on Thursday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02). The business had revenue of $18.41 million during the quarter, compared to the consensus estimate of $17.62 million. Alpine Income Property Trust had a net margin of 1.09% and a return on equity of 0.25%. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. As a group, equities analysts anticipate that Alpine Income Property Trust, Inc. will post 2.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PINE. Atlantic Union Bankshares Corp bought a new position in Alpine Income Property Trust during the 3rd quarter worth approximately $25,000. Triumph Capital Management bought a new position in Alpine Income Property Trust during the 4th quarter worth approximately $33,000. Key Capital Management INC bought a new position in Alpine Income Property Trust in the fourth quarter valued at approximately $38,000. Strs Ohio bought a new position in Alpine Income Property Trust in the first quarter valued at approximately $42,000. Finally, PNC Financial Services Group Inc. lifted its stake in Alpine Income Property Trust by 74.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,097 shares of the company’s stock valued at $69,000 after buying an additional 1,746 shares in the last quarter. Institutional investors own 60.50% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on PINE shares. JonesTrading reaffirmed a “buy” rating and issued a $22.00 target price on shares of Alpine Income Property Trust in a research note on Friday, April 24th. Zacks Research raised shares of Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th. Raymond James Financial raised shares of Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 target price on the stock in a research note on Tuesday, March 17th. Stifel Nicolaus set a $21.50 target price on shares of Alpine Income Property Trust in a research note on Friday, April 24th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Alpine Income Property Trust in a research note on Tuesday, April 28th. Three investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Alpine Income Property Trust has a consensus rating of “Buy” and an average target price of $20.36.

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.