Alpine Income Property Trust, Inc. (NYSE:PINE) Stock Has Consensus Target Price of $21.50 According to Analysts

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have been given an average recommendation of “Moderate Buy” by the eleven research firms that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have given 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 $21.50.

A number of equities analysts have weighed in on PINE shares. Alliance Global Partners restated a “buy” rating on shares of Alpine Income Property Trust in a research report on Friday, July 24th. Stifel Nicolaus increased their price objective on shares of Alpine Income Property Trust from $21.50 to $22.00 and gave the company a “buy” rating in a report on Friday, July 24th. Huntington assumed coverage on shares of Alpine Income Property Trust in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $23.00 target price on the stock. Weiss Ratings cut shares of Alpine Income Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, September 21st. Finally, Robert W. Baird reissued a “neutral” rating and set a $21.00 target price (up from $18.00) on shares of Alpine Income Property Trust in a research note on Monday, June 29th.

Insiders Place Their Bets

In related news, Director Andrew Richardson sold 2,000 shares of Alpine Income Property Trust stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $20.28, for a total value of $40,560.00. Following the sale, the director directly owned 8,425 shares in the company, valued at approximately $170,859. The trade was a 19.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Alpine Income Property Trust

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

Alpine Income Property Trust Stock Up 0.2%

Alpine Income Property Trust stock opened at $17.95 on Monday. The stock has a market capitalization of $321.93 million, a PE ratio of 94.50, a price-to-earnings-growth ratio of 1.19 and a beta of 0.56. Alpine Income Property Trust has a 12 month low of $13.10 and a 12 month high of $21.99. The business has a 50 day simple moving average of $18.76 and a 200-day simple moving average of $19.31. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.85 and a quick ratio of 1.85.

Alpine Income Property Trust (NYSE:PINE) last announced its earnings results on Thursday, July 23rd. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. Alpine Income Property Trust had a return on equity of 2.11% and a net margin of 9.36%. The firm had revenue of $20.00 million for the quarter, compared to analyst estimates of $18.85 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. On average, analysts anticipate that Alpine Income Property Trust will post 2.16 EPS for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 10th were paid a $0.32 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.28 dividend on an annualized basis and a yield of 7.1%. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.30. Alpine Income Property Trust’s dividend payout ratio is 673.68%.

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. The company primarily focuses on single-tenant, net-leased retail properties, where tenants generally are responsible for property taxes, insurance and maintenance under the terms of their leases.

Alpine’s properties are occupied by tenants across a range of industries, including retail, grocery, home improvement, automotive services and other consumer-oriented businesses.