Alpine Income Property Trust (NYSE:PINE) Downgraded to “Hold” Rating by Robert W. Baird

Alpine Income Property Trust (NYSE:PINE) was downgraded by equities research analysts at Robert W. Baird from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Other equities analysts have also issued research reports about the stock. Zacks Research lowered shares of Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. JonesTrading reiterated a “buy” rating and issued a $22.00 price target on shares of Alpine Income Property Trust in a report on Friday, April 24th. Stifel Nicolaus set a $21.50 price objective on Alpine Income Property Trust in a research note 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, Truist Financial decreased their target price on Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $20.31.

Alpine Income Property Trust Stock Performance

NYSE PINE opened at $20.69 on Monday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.45 and a quick ratio of 2.45. Alpine Income Property Trust has a 1-year low of $13.10 and a 1-year high of $21.32. The firm has a market capitalization of $341.77 million, a P/E ratio of -229.84, a P/E/G ratio of 1.42 and a beta of 0.56. The business’s 50-day simple moving average is $19.49 and its 200-day simple moving average is $18.73.

Alpine Income Property Trust (NYSE:PINE) last posted its quarterly 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 business had revenue of $18.41 million during the quarter, compared to analysts’ expectations of $17.62 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. Equities analysts predict that Alpine Income Property Trust will post 2.14 EPS for the current year.

Insider Transactions at Alpine Income Property Trust

In other Alpine Income Property Trust news, Director Andrew C. Richardson sold 2,832 shares of the business’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $19.96, for a total value of $56,526.72. Following the transaction, the director owned 9,544 shares in the company, valued at $190,498.24. The trade was a 22.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last quarter, insiders have sold 7,832 shares of company stock worth $153,097. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PINE. Triumph Capital Management purchased a new position in Alpine Income Property Trust in the fourth quarter valued at about $33,000. Key Capital Management INC acquired a new position in shares of Alpine Income Property Trust in the 4th quarter valued at approximately $38,000. Strs Ohio acquired a new position in shares of Alpine Income Property Trust in the 1st quarter valued at approximately $42,000. PNC Financial Services Group Inc. boosted its stake in shares of Alpine Income Property Trust by 74.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,097 shares of the company’s stock valued at $69,000 after buying an additional 1,746 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Alpine Income Property Trust by 36.3% during the 4th quarter. Royal Bank of Canada now owns 5,134 shares of the company’s stock valued at $86,000 after buying an additional 1,366 shares during the last quarter. Institutional investors and hedge funds own 60.50% of the company’s stock.

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.