Analysts Set Alpine Income Property Trust, Inc. (NYSE:PINE) Price Target at $20.21

Alpine Income Property Trust, Inc. (NYSE:PINE) has been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are currently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $20.2143.

A number of research firms have recently weighed in on PINE. Alliance Global Partners restated a “buy” rating on shares of Alpine Income Property Trust in a report on Tuesday, April 28th. Raymond James Financial raised Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 target price on the stock in a research report on Tuesday, March 17th. JonesTrading reissued a “buy” rating and issued a $22.00 price target on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Weiss Ratings restated a “hold (c-)” rating on shares of Alpine Income Property Trust in a research note on Friday, April 24th. Finally, Wall Street Zen raised shares of Alpine Income Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 7th.

Insider Activity

In other news, Director Andrew C. Richardson sold 1,500 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $19.39, for a total value of $29,085.00. Following the completion of the sale, the director owned 12,376 shares in the company, valued at $239,970.64. This represents a 10.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 7,750 shares of company stock valued at $146,455. Corporate insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Segall Bryant & Hamill LLC purchased a new stake in shares of Alpine Income Property Trust during the 1st quarter valued at $847,000. Bank of America Corp DE increased its position in shares of Alpine Income Property Trust by 11.6% during the 1st quarter. Bank of America Corp DE now owns 11,750 shares of the company’s stock valued at $212,000 after purchasing an additional 1,222 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Alpine Income Property Trust by 87.1% during the 1st quarter. Renaissance Technologies LLC now owns 121,200 shares of the company’s stock valued at $2,182,000 after purchasing an additional 56,422 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Alpine Income Property Trust by 70.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 25,222 shares of the company’s stock valued at $454,000 after purchasing an additional 10,421 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Alpine Income Property Trust during the 1st quarter valued at $206,000. Institutional investors own 60.50% of the company’s stock.

Alpine Income Property Trust Stock Performance

Shares of PINE opened at $19.63 on Tuesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.45 and a quick ratio of 2.45. The stock has a 50-day moving average of $19.09 and a 200-day moving average of $18.38. The company has a market cap of $324.34 million, a PE ratio of -218.12, a P/E/G ratio of 1.31 and a beta of 0.56. Alpine Income Property Trust has a one year low of $13.10 and a one year high of $20.80.

Alpine Income Property Trust (NYSE:PINE) last issued its earnings results on Thursday, April 23rd. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.02). Alpine Income Property Trust had a net margin of 1.09% and a return on equity of 0.25%. The firm had revenue of $18.41 million during the quarter, compared to analyst estimates of $17.62 million. 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 2.14 EPS for the current fiscal year.

Alpine Income Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th will be paid a $0.30 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.20 annualized dividend and a dividend yield of 6.1%. Alpine Income Property Trust’s dividend payout ratio is presently -1,333.33%.

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.