Alpine Income Property Trust, Inc. (NYSE:PINE) Stock Has Average Target Price of $21.50 According to Analysts

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have been given a consensus rating of “Moderate Buy” by the eleven research firms that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $21.50.

Several research firms have recently commented on PINE. Robert W. Baird restated a “neutral” rating and set a $21.00 price objective (up from $18.00) on shares of Alpine Income Property Trust in a report on Monday, June 29th. JonesTrading increased their target price on Alpine Income Property Trust from $22.00 to $23.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a research report on Friday, July 24th. Weiss Ratings lowered shares of Alpine Income Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, September 21st. Finally, 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 objective on the stock.

Insider Activity at Alpine Income Property Trust

In related news, Director Andrew Richardson sold 2,000 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $20.28, for a total value of $40,560.00. Following the sale, the director owned 8,425 shares in the company, valued at $170,859. This represents a 19.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Alpine Income Property Trust

Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in Alpine Income Property Trust during the 2nd quarter worth approximately $28,048,000. Heartland Advisors Inc. bought a new position in shares of Alpine Income Property Trust in the second quarter valued at approximately $9,449,000. Dimensional Fund Advisors LP lifted its holdings in shares of Alpine Income Property Trust by 14.1% in the first quarter. Dimensional Fund Advisors LP now owns 185,819 shares of the company’s stock valued at $3,345,000 after purchasing an additional 22,911 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Alpine Income Property Trust by 87.1% in the first quarter. Renaissance Technologies LLC now owns 121,200 shares of the company’s stock valued at $2,182,000 after purchasing an additional 56,422 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of Alpine Income Property Trust during the second quarter valued at approximately $1,813,000. Institutional investors own 60.50% of the company’s stock.

Alpine Income Property Trust Stock Performance

Shares of PINE opened at $17.64 on Monday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a 50-day moving average of $18.85 and a 200-day moving average of $19.32. The company has a market cap of $316.21 million, a PE ratio of 92.83, a P/E/G ratio of 1.17 and a beta of 0.56. Alpine Income Property Trust has a one year low of $13.10 and a one year high of $21.99.

Alpine Income Property Trust (NYSE:PINE) last posted 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. The business had revenue of $20.00 million for the quarter, compared to the consensus estimate of $18.85 million. Alpine Income Property Trust had a return on equity of 2.11% and a net margin of 9.36%.Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. On average, equities research analysts predict that Alpine Income Property Trust will post 2.16 EPS for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Thursday, September 10th. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 7.3%. Alpine Income Property Trust’s payout ratio is presently 673.68%.

Alpine Income Property Trust Company Profile

Alpine Income Property Trust, Inc is a real estate investment trust (REIT) that owns and manages a portfolio of income-producing commercial properties. The company primarily focuses on single-tenant, net-leased retail properties, where tenants generally are responsible for property taxes, insurance and maintenance under the terms of their leases.

Alpine’s properties are occupied by tenants across a range of industries, including retail, grocery, home improvement, automotive services and other consumer-oriented businesses.