Alpine Income Property Trust (NYSE:PINE) Earns Buy Rating from JonesTrading

Alpine Income Property Trust (NYSE:PINE)‘s stock had its “buy” rating restated by equities researchers at JonesTrading in a report released on Friday,Benzinga reports. They currently have a $22.00 price target on the stock. JonesTrading’s price target would indicate a potential upside of 11.25% from the company’s previous close.

A number of other research firms have also commented on PINE. Wall Street Zen upgraded shares of Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Alliance Global Partners restated a “buy” rating on shares of Alpine Income Property Trust in a research note on Friday, February 6th. Zacks Research upgraded shares of 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 shares of Alpine Income Property Trust in a research note on Friday, February 6th. Finally, Weiss Ratings upgraded shares of Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, January 27th. Three investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Alpine Income Property Trust presently has an average rating of “Buy” and an average target price of $20.36.

Alpine Income Property Trust Stock Up 0.6%

Shares of NYSE PINE opened at $19.78 on Friday. The company has a debt-to-equity ratio of 1.25, a current ratio of 4.95 and a quick ratio of 4.95. The company has a market capitalization of $323.91 million, a P/E ratio of -219.70, a P/E/G ratio of 1.34 and a beta of 0.58. Alpine Income Property Trust has a 1 year low of $13.10 and a 1 year high of $20.80. The company has a 50 day simple moving average of $19.20 and a 200-day simple moving average of $17.46.

Alpine Income Property Trust (NYSE:PINE) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The business had revenue of $18.41 million during the quarter, compared to analyst estimates of $17.62 million. Alpine Income Property Trust had a net margin of 1.09% and a return on equity of 0.27%. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. On average, equities research analysts predict that Alpine Income Property Trust will post 2.09 earnings per share for the current year.

Insider Activity

In other news, Director Andrew C. Richardson sold 2,750 shares of the business’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $18.14, for a total transaction of $49,885.00. Following the transaction, the director directly owned 16,444 shares in the company, valued at $298,294.16. The trade was a 14.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Sound Income Strategies LLC increased its stake 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 worth $21,349,000 after acquiring an additional 90,320 shares during the period. Vanguard Group Inc. increased its stake in shares of Alpine Income Property Trust by 0.7% during the third quarter. Vanguard Group Inc. now owns 772,504 shares of the company’s stock worth $10,946,000 after acquiring an additional 5,681 shares during the period. Heartland Advisors Inc. increased its stake 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 worth $9,811,000 after acquiring an additional 138,770 shares during the period. Invesco Ltd. increased its stake 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 worth $7,389,000 after acquiring an additional 411,334 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Alpine Income Property Trust by 5.8% during the second quarter. Geode Capital Management LLC now owns 327,734 shares of the company’s stock worth $4,822,000 after acquiring an additional 17,947 shares during the period. 60.50% of the stock is currently owned by institutional investors and hedge funds.

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.