Alpine Income Property Trust, Inc. (NYSE:PINE) Given Average Rating of “Moderate Buy” by Analysts

Alpine Income Property Trust, Inc. (NYSE:PINE) has been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating, four 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 ratings on the stock in the last year is $19.9167.

A number of research firms have commented on PINE. Weiss Ratings upgraded Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, January 27th. B. Riley Financial reaffirmed a “buy” rating on shares of Alpine Income Property Trust in a research note on Thursday, February 5th. Truist Financial increased their target price on shares of Alpine Income Property Trust from $18.00 to $21.00 and gave the company a “hold” rating in a research report on Wednesday, February 18th. Zacks Research upgraded shares of Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. Finally, Stifel Nicolaus upped their price objective on shares of Alpine Income Property Trust from $19.00 to $20.50 and gave the company a “buy” rating in a research note on Friday, February 6th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sound Income Strategies LLC grew its stake in Alpine Income Property Trust by 8.0% during the fourth quarter. Sound Income Strategies LLC now owns 1,216,494 shares of the company’s stock worth $21,349,000 after purchasing an additional 90,320 shares during the period. Vanguard Group Inc. increased its stake in shares of Alpine Income Property Trust by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 772,504 shares of the company’s stock valued at $10,946,000 after acquiring an additional 5,681 shares in the last quarter. Heartland Advisors Inc. lifted its position in shares of Alpine Income Property Trust by 25.1% during the 3rd quarter. Heartland Advisors Inc. now owns 692,400 shares of the company’s stock valued at $9,811,000 after acquiring an additional 138,770 shares during the period. Invesco Ltd. lifted its position in shares of Alpine Income Property Trust by 1,344.2% during the 4th quarter. Invesco Ltd. now owns 441,935 shares of the company’s stock valued at $7,389,000 after acquiring an additional 411,334 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in Alpine Income Property Trust by 3.7% during the second quarter. Russell Investments Group Ltd. now owns 332,426 shares of the company’s stock worth $4,890,000 after acquiring an additional 11,712 shares in the last quarter. 60.50% of the stock is owned by institutional investors and hedge funds.

Alpine Income Property Trust Trading Down 0.4%

Shares of NYSE PINE opened at $19.80 on Friday. The firm has a 50 day moving average price of $18.04 and a two-hundred day moving average price of $16.21. The stock has a market cap of $298.78 million, a P/E ratio of -86.08, a price-to-earnings-growth ratio of 1.36 and a beta of 0.59. Alpine Income Property Trust has a 52-week low of $13.10 and a 52-week high of $20.80. The company has a debt-to-equity ratio of 1.25, a quick ratio of 4.95 and a current ratio of 4.95.

Alpine Income Property Trust (NYSE:PINE) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.43). The business had revenue of $16.90 million during the quarter, compared to the consensus estimate of $15.28 million. Alpine Income Property Trust had a negative return on equity of 1.00% and a negative net margin of 4.39%.Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. As a group, equities analysts forecast that Alpine Income Property Trust will post 1.74 EPS for the current year.

Alpine Income Property Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 6.1%. This is an increase from Alpine Income Property Trust’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Thursday, March 12th. Alpine Income Property Trust’s payout ratio is currently -495.65%.

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.