Alpine Income Property Trust, Inc. (NYSE:PINE) Receives $20.21 Average Price Target from Analysts

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have been assigned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $20.3125.

A number of brokerages have recently issued reports on PINE. Raymond James Financial raised shares of Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 price target on the stock in a report on Tuesday, March 17th. Weiss Ratings restated a “hold (c-)” rating on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Truist Financial decreased their price objective on shares of Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating on the stock in a research report on Thursday, May 21st. Robert W. Baird reissued a “neutral” rating and issued a $21.00 price target (up from $18.00) on shares of Alpine Income Property Trust in a report on Monday. Finally, Stifel Nicolaus set a $21.50 price target on shares of Alpine Income Property Trust in a research note on Friday, April 24th.

Insider Activity at Alpine Income Property Trust

In related news, Director Andrew C. Richardson sold 3,000 shares of Alpine Income Property Trust stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $19.35, for a total value of $58,050.00. Following the completion of the transaction, the director owned 14,376 shares in the company, valued at approximately $278,175.60. This trade represents a 17.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 7,832 shares of company stock valued at $153,097. 0.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Triumph Capital Management purchased a new position in shares of Alpine Income Property Trust during the fourth quarter valued at approximately $33,000. Key Capital Management INC purchased a new position in Alpine Income Property Trust during the 4th quarter valued at about $38,000. Strs Ohio purchased a new position in Alpine Income Property Trust during the first quarter valued at approximately $42,000. PNC Financial Services Group Inc. raised its position in shares of Alpine Income Property Trust by 74.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,097 shares of the company’s stock worth $69,000 after acquiring an additional 1,746 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in Alpine Income Property Trust by 36.3% in the fourth quarter. Royal Bank of Canada now owns 5,134 shares of the company’s stock worth $86,000 after purchasing an additional 1,366 shares in the last quarter. 60.50% of the stock is owned by hedge funds and other institutional investors.

Alpine Income Property Trust Trading Up 1.1%

Shares of NYSE PINE opened at $20.99 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.45 and a quick ratio of 2.45. The firm has a 50-day moving average of $19.51 and a 200 day moving average of $18.75. Alpine Income Property Trust has a 1 year low of $13.10 and a 1 year high of $21.32. The stock has a market cap of $346.72 million, a P/E ratio of -233.17, a price-to-earnings-growth ratio of 1.39 and a beta of 0.54.

Alpine Income Property Trust (NYSE:PINE) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%.The firm had revenue of $18.41 million during 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. As a group, sell-side analysts expect that Alpine Income Property Trust will post 2.14 EPS for the current fiscal year.

Alpine Income Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.20 annualized dividend and a yield of 5.7%. Alpine Income Property Trust’s dividend payout ratio (DPR) is -1,333.33%.

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.