Alpine Income Property Trust (NYSE:PINE) Stock Gets Price Target Cut from Cantor Fitzgerald

Alpine Income Property Trust (NYSE:PINE) had its price objective trimmed by Cantor Fitzgerald from $22.00 to $20.00 in a report released on Wednesday,Benzinga reports. The firm currently has an overweight rating on the stock.

PINE has been the subject of several other reports. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a research report on Friday, July 24th. Weiss Ratings cut Alpine Income Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, September 21st. Truist Financial dropped their target price on shares of Alpine Income Property Trust from $20.00 to $19.00 and set a “hold” rating on the stock in a report on Thursday, October 15th. JonesTrading cut their price target on shares of Alpine Income Property Trust from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Friday, October 23rd. Finally, Zacks Research raised shares of Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. Three equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $20.75.

Alpine Income Property Trust Stock Performance

PINE stock opened at $16.42 on Wednesday. The business’s 50-day moving average price is $17.99 and its two-hundred day moving average price is $19.05. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 1.08. The firm has a market cap of $294.57 million, a PE ratio of 35.70, a P/E/G ratio of 1.07 and a beta of 0.56. Alpine Income Property Trust has a 1-year low of $14.35 and a 1-year high of $21.99.

Alpine Income Property Trust (NYSE:PINE) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.01. The company had revenue of $20.46 million during the quarter, compared to the consensus estimate of $20.19 million. Alpine Income Property Trust had a return on equity of 3.68% and a net margin of 16.55%. As a group, research analysts forecast that Alpine Income Property Trust will post 2.20 earnings per share for the current year.

Institutional Investors Weigh In On Alpine Income Property Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in PINE. BlackRock Inc. bought a new stake in Alpine Income Property Trust during the second quarter worth about $28,048,000. Heartland Advisors Inc. bought a new position in Alpine Income Property Trust in the second quarter valued at approximately $9,449,000. Dimensional Fund Advisors LP grew its stake in Alpine Income Property Trust by 14.1% in the first quarter. Dimensional Fund Advisors LP now owns 185,819 shares of the company’s stock valued at $3,345,000 after purchasing an additional 22,911 shares in the last quarter. Renaissance Technologies LLC grew its stake in Alpine Income Property Trust by 87.1% in the first 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 in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Alpine Income Property Trust in the second quarter valued at approximately $1,813,000. 60.50% of the stock is owned by institutional investors.

Alpine Income Property Trust News Roundup

Here are the key news stories impacting Alpine Income Property Trust this week:

• Positive Sentiment: Alpine Income Property Trust closed $175 million in unsecured financing, consisting of a new $100 million term loan due in 2030 and a $75 million expansion of its revolving credit facility to $325 million. The additional liquidity could support property investments and other corporate needs. Alpine Income Property Trust Closes $175 Million Unsecured Financing
• Positive Sentiment: Huntington Sec initiated coverage with a “Strong-Buy” rating, providing a bullish counterpoint to recent weakness in the shares. Huntington Sec Stock Recommendations
• Neutral Sentiment: Huntington Sec projects fourth-quarter 2026 EPS of $0.54 and full-year EPS of $2.19, compared with the current consensus estimate of $2.21. Its forecasts are $2.12 for 2027 and $2.16 for 2028, suggesting broadly stable but limited earnings growth.
• Negative Sentiment: The new borrowing increases Alpine Income Property Trust’s debt obligations and exposure to financing costs, which may temper the benefit of the added liquidity.
• Negative Sentiment: Cantor Fitzgerald cut its price target for PINE, a bearish valuation signal that may be contributing to pressure on the stock. Alpine Income Property Trust Stock Price Target Cut by Cantor Fitzgerald

About Alpine Income Property Trust

Alpine Income Property Trust, Inc is a real estate investment trust (REIT) that owns and manages a portfolio of income-producing commercial properties in the United States. The company primarily invests in single-tenant net lease properties, under which tenants generally assume responsibility for property expenses such as taxes, insurance and maintenance.

Its portfolio has included retail, office and industrial properties leased to tenants across a range of industries. Alpine seeks to generate rental income through long-term leases and may pursue acquisitions, dispositions and other real estate investments intended to support the growth and diversification of its property portfolio.

Alpine Income Property Trust was formed by CTO Realty Growth, Inc and became a publicly traded company in 2019 following its separation from CTO Realty Growth.