Alpine Income Property Trust, Inc. (NYSE:PINE) Given Average Rating of “Buy” by Brokerages

Alpine Income Property Trust, Inc. (NYSE:PINE) has earned an average rating of “Buy” from the ten analysts that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and three have given a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $20.2143.

PINE has been the subject of a number of research reports. Cantor Fitzgerald upgraded shares of Alpine Income Property Trust to a “strong-buy” rating in a research report on Wednesday, February 4th. Stifel Nicolaus upped their price target on Alpine Income Property Trust from $19.00 to $20.50 and gave the stock a “buy” rating in a report on Friday, February 6th. Zacks Research raised Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th. iA Financial set a $21.00 price objective on Alpine Income Property Trust in a report on Friday, February 6th. Finally, Wall Street Zen upgraded Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th.

Institutional Investors Weigh In On Alpine Income Property Trust

Several institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC increased its holdings in Alpine Income Property Trust by 55.9% during the 1st quarter. Jane Street Group LLC now owns 22,479 shares of the company’s stock valued at $376,000 after acquiring an additional 8,061 shares in the last quarter. Strs Ohio acquired a new position in Alpine Income Property Trust during the first quarter worth about $42,000. Geode Capital Management LLC lifted its holdings in shares of Alpine Income Property Trust by 5.8% in the second quarter. Geode Capital Management LLC now owns 327,734 shares of the company’s stock valued at $4,822,000 after purchasing an additional 17,947 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of Alpine Income Property Trust by 36.5% in the second quarter. Rhumbline Advisers now owns 28,181 shares of the company’s stock valued at $415,000 after purchasing an additional 7,529 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its position in shares of Alpine Income Property Trust by 3.7% in the second quarter. Russell Investments Group Ltd. now owns 332,426 shares of the company’s stock valued at $4,890,000 after purchasing an additional 11,712 shares during the last quarter. 60.50% of the stock is currently owned by hedge funds and other institutional investors.

Alpine Income Property Trust Stock Performance

Shares of PINE opened at $19.06 on Thursday. The company has a 50-day simple moving average of $18.79 and a 200-day simple moving average of $16.65. The company has a quick ratio of 4.95, a current ratio of 4.95 and a debt-to-equity ratio of 1.25. The company has a market capitalization of $287.65 million, a PE ratio of -82.87, a P/E/G ratio of 1.32 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.

Alpine Income Property Trust (NYSE:PINE) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.43). Alpine Income Property Trust had a negative return on equity of 1.00% and a negative net margin of 4.39%.The company had revenue of $16.90 million for the quarter, compared to analysts’ expectations of $15.28 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. Equities research analysts predict that Alpine Income Property Trust will post 1.74 earnings per share for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th will be paid a dividend of $0.30 per share. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $1.20 annualized dividend and a dividend yield of 6.3%. Alpine Income Property Trust’s dividend payout ratio is presently -521.74%.

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.