Alpine Income Property Trust, Inc. (NYSE:PINE) Given Consensus Recommendation of “Buy” by Analysts

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have been given an average rating of “Buy” by the ten research firms that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and three have given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $20.3571.

PINE has been the subject of several recent research reports. Cantor Fitzgerald raised shares of Alpine Income Property Trust to a “strong-buy” rating in a report on Wednesday, February 4th. iA Financial set a $21.00 target price on shares of Alpine Income Property Trust in a report on Friday, February 6th. Zacks Research raised shares of Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. Stifel Nicolaus set a $21.50 target price on shares of Alpine Income Property Trust in a report on Friday, April 24th. Finally, Raymond James Financial raised shares of Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 target price for the company in a report on Tuesday, March 17th.

Alpine Income Property Trust Trading Up 0.3%

NYSE PINE opened at $18.96 on Friday. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 1.08. The company has a fifty day simple moving average of $19.01 and a two-hundred day simple moving average of $17.95. Alpine Income Property Trust has a 12-month low of $13.10 and a 12-month high of $20.80. The stock has a market cap of $313.29 million, a P/E ratio of -210.69, a P/E/G ratio of 1.26 and a beta of 0.56.

Alpine Income Property Trust (NYSE:PINE) last issued its earnings results on Thursday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02). Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%.The business had revenue of $18.41 million for 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. On average, analysts forecast that Alpine Income Property Trust will post 2.14 earnings per share for the current year.

Insider Activity

In related news, Director Andrew C. Richardson sold 3,000 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $19.35, for a total transaction of $58,050.00. Following the completion of the transaction, the director owned 14,376 shares of the company’s stock, valued at $278,175.60. This trade represents a 17.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is currently owned by company insiders.

Institutional Trading of Alpine Income Property Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp acquired a new stake in Alpine Income Property Trust during the third quarter valued at $25,000. Triumph Capital Management acquired a new stake in Alpine Income Property Trust during the fourth quarter valued at $33,000. Key Capital Management INC acquired a new stake in Alpine Income Property Trust during the fourth quarter valued at $38,000. Strs Ohio acquired a new stake in Alpine Income Property Trust during the first quarter valued at $42,000. Finally, PNC Financial Services Group Inc. grew its position in Alpine Income Property Trust by 74.3% during the fourth 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 period. Institutional investors and hedge funds own 60.50% of the company’s stock.

About Alpine Income Property Trust

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.