Alpine Income Property Trust, Inc. (NYSE:PINE) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $19.9167.

Several research firms have recently commented on PINE. Cantor Fitzgerald raised shares of Alpine Income Property Trust to a “strong-buy” rating in a research note on Wednesday, February 4th. Weiss Ratings raised shares of Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, January 27th. JonesTrading raised their price target on shares of Alpine Income Property Trust from $19.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, February 6th. 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. Finally, iA Financial set a $21.00 price objective on Alpine Income Property Trust in a research report on Friday, February 6th.

Alpine Income Property Trust Stock Down 0.4%

NYSE:PINE opened at $19.91 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 firm has a market capitalization of $300.44 million, a P/E ratio of -86.56, a PEG ratio of 1.37 and a beta of 0.59. Alpine Income Property Trust has a 1-year low of $13.10 and a 1-year high of $20.80. The company’s fifty day moving average price is $17.80 and its 200-day moving average price is $16.06.

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

Alpine Income Property Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be issued a dividend of $0.30 per share. This is a positive change from Alpine Income Property Trust’s previous quarterly dividend of $0.29. The ex-dividend date is Thursday, March 12th. This represents a $1.20 annualized dividend and a yield of 6.0%. Alpine Income Property Trust’s dividend payout ratio (DPR) is currently -495.65%.

Hedge Funds Weigh In On Alpine Income Property Trust

A number of institutional investors and hedge funds have recently made changes to their positions in PINE. Invesco Ltd. raised its holdings in Alpine Income Property Trust by 1,344.2% in the fourth quarter. Invesco Ltd. now owns 441,935 shares of the company’s stock valued at $7,389,000 after acquiring an additional 411,334 shares in the last quarter. Gabelli Funds LLC purchased a new position in Alpine Income Property Trust in the second quarter valued at approximately $3,621,000. Heartland Advisors Inc. raised its stake in Alpine Income Property Trust by 25.1% during the 3rd 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 in the last quarter. AlphaCentric Advisors LLC acquired a new stake in shares of Alpine Income Property Trust during the fourth quarter worth about $1,884,000. Finally, Sound Income Strategies LLC increased its position in 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 buying an additional 90,320 shares during the period. 60.50% of the stock is owned by institutional investors and hedge funds.

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.