Alpine Income Property Trust, Inc. (NYSE:PINE) Sees Large Growth in Short Interest

Alpine Income Property Trust, Inc. (NYSE:PINE) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 343,069 shares, an increase of 36.0% from the January 29th total of 252,172 shares. Based on an average trading volume of 216,131 shares, the short-interest ratio is currently 1.6 days. Currently, 2.3% of the shares of the company are short sold. Currently, 2.3% of the shares of the company are short sold. Based on an average trading volume of 216,131 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On Alpine Income Property Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new position in Alpine Income Property Trust in the 3rd quarter valued at approximately $25,000. Triumph Capital Management acquired a new stake in Alpine Income Property Trust in the fourth quarter valued at $33,000. Key Capital Management INC acquired a new position in Alpine Income Property Trust during the 4th quarter worth about $38,000. Strs Ohio bought a new stake in shares of Alpine Income Property Trust in the 1st quarter valued at about $42,000. Finally, PNC Financial Services Group Inc. increased its stake in shares of 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 during the period. Institutional investors and hedge funds own 60.50% of the company’s stock.

Alpine Income Property Trust Price Performance

NYSE PINE traded down $0.19 on Wednesday, hitting $19.42. 142,136 shares of the company’s stock were exchanged, compared to its average volume of 199,793. The stock has a 50-day moving average of $18.23 and a 200-day moving average of $16.34. The stock has a market cap of $293.05 million, a price-to-earnings ratio of -84.43, a P/E/G ratio of 1.34 and a beta of 0.54. Alpine Income Property Trust has a 52 week low of $13.10 and a 52 week high of $20.80. The company has a current ratio of 4.95, a quick ratio of 4.95 and a debt-to-equity ratio of 1.25.

Alpine Income Property Trust (NYSE:PINE) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.43). The business had revenue of $16.90 million for the quarter, compared to analyst estimates 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. Analysts expect that Alpine Income Property Trust will post 1.74 earnings per share for the current year.

Alpine Income Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 12th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from Alpine Income Property Trust’s previous quarterly dividend of $0.29. Alpine Income Property Trust’s payout ratio is currently -495.65%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on PINE shares. Stifel Nicolaus raised their price objective on shares of Alpine Income Property Trust from $19.00 to $20.50 and gave the stock a “buy” rating in a research report on Friday, February 6th. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a research note on Friday, February 6th. JonesTrading upped their price objective on Alpine Income Property Trust from $19.00 to $22.00 and gave the company a “buy” rating in a report on Friday, February 6th. iA Financial set a $21.00 target price on shares of Alpine Income Property Trust in a research report on Friday, February 6th. Finally, Wall Street Zen raised shares of Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Alpine Income Property Trust has an average rating of “Moderate Buy” and a consensus price target of $19.92.

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.