Alpine Income Property Trust (NYSE:PINE) Stock Rating Lowered by Zacks Research

Alpine Income Property Trust (NYSE:PINE) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Several other equities research analysts also recently commented on PINE. B. Riley Financial reissued a “buy” rating on shares of Alpine Income Property Trust in a report on Thursday, February 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Alpine Income Property Trust in a report on Friday, April 24th. Truist Financial boosted their target price on Alpine Income Property Trust from $18.00 to $21.00 and gave the stock a “hold” rating in a report on Wednesday, February 18th. Raymond James Financial raised 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 report on Tuesday, March 17th. Finally, Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a report on Tuesday, April 28th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $20.36.

Alpine Income Property Trust Trading Up 0.2%

NYSE PINE opened at $19.04 on Monday. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 1.08. Alpine Income Property Trust has a twelve month low of $13.10 and a twelve month high of $20.80. The firm has a market capitalization of $314.46 million, a PE ratio of -211.48, a P/E/G ratio of 1.27 and a beta of 0.56. The stock’s 50 day moving average is $18.97 and its 200 day moving average is $18.05.

Alpine Income Property Trust (NYSE:PINE) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.02). Alpine Income Property Trust had a net margin of 1.09% and a return on equity of 0.25%. The firm had revenue of $18.41 million for the quarter, compared to the consensus estimate of $17.62 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. Research analysts forecast that Alpine Income Property Trust will post 2.14 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Andrew C. Richardson sold 3,000 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $19.35, for a total transaction of $58,050.00. Following the transaction, the director directly owned 14,376 shares of the company’s stock, valued at $278,175.60. This represents a 17.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of PINE. Invesco Ltd. lifted its holdings in shares of Alpine Income Property Trust by 1,344.2% during the fourth quarter. Invesco Ltd. now owns 441,935 shares of the company’s stock valued at $7,389,000 after purchasing an additional 411,334 shares in the last quarter. Heartland Advisors Inc. lifted its holdings in shares of Alpine Income Property Trust by 25.1% during the third quarter. Heartland Advisors Inc. now owns 692,400 shares of the company’s stock valued at $9,811,000 after purchasing an additional 138,770 shares in the last quarter. AlphaCentric Advisors LLC bought a new position in shares of Alpine Income Property Trust during the fourth quarter valued at $1,884,000. Sound Income Strategies LLC lifted its holdings in shares of 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 valued at $21,349,000 after purchasing an additional 90,320 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of Alpine Income Property Trust by 74.0% during the third quarter. Raymond James Financial Inc. now owns 141,315 shares of the company’s stock valued at $2,002,000 after purchasing an additional 60,115 shares in the last quarter. 60.50% of the stock is owned by institutional investors.

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.