Alpine Income Property Trust, Inc. (NYSE:PINE) Receives $21.31 Consensus Price Target from Analysts

Alpine Income Property Trust, Inc. (NYSE:PINE) has been assigned an average rating of “Moderate Buy” from the eleven analysts that are covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $21.3750.

Several analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Alpine Income Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 17th. Alliance Global Partners reaffirmed a “buy” rating on shares of Alpine Income Property Trust in a research report on Friday. Truist Financial cut their price target on shares of Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating on the stock in a research note on Thursday, May 21st. Huntington assumed coverage on shares of Alpine Income Property Trust in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $23.00 price target for the company. Finally, JonesTrading restated a “buy” rating and issued a $22.00 price objective on shares of Alpine Income Property Trust in a research note on Friday, April 24th.

Insider Transactions at Alpine Income Property Trust

In related news, Director Andrew C. Richardson sold 3,000 shares of the firm’s stock in a transaction that occurred 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 owned 14,376 shares in the company, valued at $278,175.60. This trade represents a 17.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In the last quarter, insiders sold 7,832 shares of company stock worth $153,097. Company insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Alpine Income Property Trust

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

Trending Headlines about Alpine Income Property Trust

Here are the key news stories impacting Alpine Income Property Trust this week:

• Positive Sentiment: PINE beat Q2 expectations, reporting $0.16 EPS versus the $0.14 estimate and revenue of $20.0 million versus $18.85 million expected, signaling stronger-than-anticipated operating performance. Alpine Income Property Trust earnings report
• Positive Sentiment: The company also said quarterly FFO came in at $0.57 per share, above the Zacks consensus of $0.54 and well ahead of the prior-year level of $0.44, reinforcing the earnings beat. Zacks article
• Positive Sentiment: Alpine increased its quarterly dividend to $0.32 per share from $0.30, a 6.7% raise, which may appeal to income-focused investors and suggests management confidence in cash generation. Earnings call transcript
• Neutral Sentiment: Management guided FY 2026 EPS to 2.12-2.15, which is roughly in line with expectations and suggests no major surprise in the outlook. Guidance update

Alpine Income Property Trust Trading Up 0.1%

PINE opened at $20.55 on Wednesday. Alpine Income Property Trust has a one year low of $13.10 and a one year high of $21.99. The company has a market cap of $339.49 million, a P/E ratio of 108.16, a PEG ratio of 1.38 and a beta of 0.54. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.45 and a current ratio of 2.45. The business’s 50-day simple moving average is $20.01 and its 200-day simple moving average is $19.22.

Alpine Income Property Trust (NYSE:PINE) last issued its earnings results on Thursday, July 23rd. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. The business had revenue of $20.00 million for the quarter, compared to analyst estimates of $18.85 million. Alpine Income Property Trust had a return on equity of 2.23% and a net margin of 9.36%.Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. As a group, equities research analysts expect that Alpine Income Property Trust will post 2.13 EPS for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 10th will be given a $0.32 dividend. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.2%. Alpine Income Property Trust’s payout ratio is currently -1,333.33%.

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.