Andrew Richardson Sells 1,500 Shares of Alpine Income Property Trust (NYSE:PINE) Stock

Alpine Income Property Trust, Inc. (NYSE:PINE) Director Andrew Richardson sold 1,500 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $19.39, for a total transaction of $29,085.00. Following the completion of the sale, the director owned 12,376 shares of the company’s stock, valued at approximately $239,970.64. The trade was a 10.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Alpine Income Property Trust Stock Up 1.5%

NYSE PINE opened at $19.63 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.45 and a current ratio of 2.45. The firm has a 50-day simple moving average of $19.01 and a 200 day simple moving average of $18.27. Alpine Income Property Trust, Inc. has a twelve month low of $13.10 and a twelve month high of $20.80. The stock has a market cap of $324.27 million, a PE ratio of -218.08, a PEG ratio of 1.29 and a beta of 0.56.

Alpine Income Property Trust (NYSE:PINE) last released its earnings results on Thursday, April 23rd. The company reported $0.06 earnings per share 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 company had revenue of $18.41 million during the quarter, compared to the consensus estimate of $17.62 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. On average, research analysts forecast that Alpine Income Property Trust, Inc. will post 2.14 EPS for the current year.

Alpine Income Property Trust Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. iA Financial set a $21.00 price objective on shares of Alpine Income Property Trust in a research note on Friday, February 6th. Cantor Fitzgerald upgraded shares of Alpine Income Property Trust to a “strong-buy” rating in a research note on Wednesday, February 4th. Alliance Global Partners restated a “buy” rating on shares of Alpine Income Property Trust in a research note on Tuesday, April 28th. Stifel Nicolaus set a $21.50 price objective on shares of Alpine Income Property Trust in a research note on Friday, April 24th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Alpine Income Property Trust in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Alpine Income Property Trust currently has an average rating of “Moderate Buy” and a consensus price target of $20.21.

Institutional Investors Weigh In On Alpine Income Property Trust

Large investors have recently made changes to their positions in the company. Sound Income Strategies LLC increased its holdings in shares of 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 in the last quarter. Heartland Advisors Inc. increased its holdings in shares of Alpine Income Property Trust by 25.1% during the third quarter. Heartland Advisors Inc. now owns 692,400 shares of the company’s stock worth $9,811,000 after buying an additional 138,770 shares in the last quarter. Gabelli Funds LLC increased its holdings in shares of Alpine Income Property Trust by 25.2% during the fourth quarter. Gabelli Funds LLC now owns 205,016 shares of the company’s stock worth $3,428,000 after buying an additional 41,280 shares in the last quarter. Jeppson Wealth Management LLC increased its holdings in shares of Alpine Income Property Trust by 8.7% during the fourth quarter. Jeppson Wealth Management LLC now owns 15,341 shares of the company’s stock worth $257,000 after buying an additional 1,224 shares in the last quarter. Finally, Key Capital Management INC acquired a new stake in shares of Alpine Income Property Trust during the fourth quarter worth approximately $38,000. Institutional investors 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.