Alpine Income Property Trust (NYSE:PINE) Stock Gets Price Target Trim from JonesTrading

Alpine Income Property Trust (NYSE:PINE) had its price target reduced by JonesTrading from $23.00 to $20.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other research analysts have also weighed in on PINE. Zacks Research raised shares of Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. Weiss Ratings downgraded shares of Alpine Income Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, September 21st. Huntington began coverage on shares of Alpine Income Property Trust in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $23.00 price target on the stock. Stifel Nicolaus decreased their price objective on shares of Alpine Income Property Trust from $21.25 to $20.00 and set a “buy” rating on the stock in a report on Friday. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Alpine Income Property Trust in a research report on Friday, July 24th. Three investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $20.75.

Alpine Income Property Trust Stock Performance

Shares of Alpine Income Property Trust stock opened at $16.14 on Friday. The firm has a market cap of $289.59 million, a PE ratio of 35.09, a price-to-earnings-growth ratio of 1.05 and a beta of 0.56. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 1.08. Alpine Income Property Trust has a 52 week low of $13.63 and a 52 week high of $21.99. The business’s fifty day simple moving average is $18.32 and its 200-day simple moving average is $19.27.

Alpine Income Property Trust (NYSE:PINE) last issued its quarterly earnings data on Thursday, October 22nd. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. The firm had revenue of $20.46 million during the quarter, compared to the consensus estimate of $20.19 million. Alpine Income Property Trust had a return on equity of 3.68% and a net margin of 16.55%. Equities analysts forecast that Alpine Income Property Trust will post 2.20 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Andrew Richardson sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $20.28, for a total transaction of $40,560.00. Following the sale, the director directly owned 8,425 shares of the company’s stock, valued at $170,859. This represents a 19.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Alpine Income Property Trust

Several institutional investors have recently modified their holdings of the company. Legal & General Group Plc purchased a new position in shares of Alpine Income Property Trust in the 2nd quarter valued at about $32,000. Virtus Advisers LLC purchased a new stake in Alpine Income Property Trust during the second quarter worth approximately $80,000. PNC Financial Services Group Inc. lifted its stake in Alpine Income Property Trust by 13.5% during the first quarter. PNC Financial Services Group Inc. now owns 4,649 shares of the company’s stock worth $84,000 after purchasing an additional 552 shares during the last quarter. State of Wyoming purchased a new stake in Alpine Income Property Trust during the first quarter worth approximately $128,000. Finally, Abel Hall LLC acquired a new position in Alpine Income Property Trust in the first quarter valued at approximately $189,000. 60.50% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Alpine Income Property Trust

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

• Positive Sentiment: Raised 2026 guidance: PINE increased its 2026 AFFO-per-share outlook to $2.20–$2.22, above the prior consensus estimate of $2.17, citing accelerating acquisitions. The company also reported more than $300 million of investment activity completed or under contract year to date. Alpine income property trust outlines higher 2026 AFFO as acquisitions accelerate
• Positive Sentiment: Q3 results exceeded expectations: Third-quarter EPS was $0.18, topping the $0.17 consensus estimate, while revenue of $20.46 million exceeded expectations of $20.19 million. FFO was $0.55 per share versus the $0.53 consensus and $0.46 a year earlier, indicating improved operating performance. Alpine Income tops Q3 FFO and revenue estimates
• Positive Sentiment: Analysts remain constructive: Stifel Nicolaus maintained a “buy” rating and Huntington retained an “outperform” rating, suggesting analysts still see upside despite adjusting their valuation assumptions.
• Neutral Sentiment: Management’s third-quarter earnings call provided additional details on results, acquisition activity and the higher full-year outlook. Q3 2026 earnings call transcript
• Negative Sentiment: Price targets were reduced: Huntington cut its target from $23 to $20.50, while Stifel lowered its target from $21.25 to $20.00. Although both firms retained positive ratings, the reductions may weigh on sentiment and suggest more cautious valuation expectations.

Alpine Income Property Trust Company Profile

Alpine Income Property Trust, Inc is a real estate investment trust (REIT) that owns and manages a portfolio of income-producing commercial properties in the United States. The company primarily invests in single-tenant net lease properties, under which tenants generally assume responsibility for property expenses such as taxes, insurance and maintenance.

Its portfolio has included retail, office and industrial properties leased to tenants across a range of industries. Alpine seeks to generate rental income through long-term leases and may pursue acquisitions, dispositions and other real estate investments intended to support the growth and diversification of its property portfolio.

Alpine Income Property Trust was formed by CTO Realty Growth, Inc and became a publicly traded company in 2019 following its separation from CTO Realty Growth.