Alpine Income Property Trust, Inc. (NYSE:PINE) Receives Average Rating of “Moderate Buy” from Brokerages

Alpine Income Property Trust, Inc. (NYSE:PINE) has earned an average rating of “Moderate Buy” from the eleven ratings firms that are currently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $21.50.

PINE has been the topic of a number of research analyst reports. Huntington began coverage on shares of Alpine Income Property Trust in a research report on Wednesday, July 15th. They set an “outperform” rating and a $23.00 price objective on the stock. 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. Stifel Nicolaus upped their price target on Alpine Income Property Trust from $21.50 to $22.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Weiss Ratings upgraded Alpine Income Property Trust from a “hold (c-)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Finally, Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a research note on Friday, July 24th.

Alpine Income Property Trust Stock Down 0.9%

Alpine Income Property Trust stock opened at $19.63 on Friday. The company has a market capitalization of $345.88 million, a PE ratio of 103.32, a PEG ratio of 1.31 and a beta of 0.54. Alpine Income Property Trust has a 12-month low of $13.10 and a 12-month high of $21.99. The firm’s fifty day moving average is $20.21 and its 200 day moving average is $19.57. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 1.03.

Alpine Income Property Trust (NYSE:PINE) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Alpine Income Property Trust had a net margin of 9.36% and a return on equity of 2.11%. The business had revenue of $20.00 million during the quarter, compared to analysts’ expectations of $18.85 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. As a group, sell-side analysts predict that Alpine Income Property Trust will post 2.16 EPS for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, September 10th. This is a positive change from Alpine Income Property Trust’s previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.5%. Alpine Income Property Trust’s payout ratio is currently 631.58%.

Insider Activity

In related news, Director Andrew C. Richardson sold 2,832 shares of Alpine Income Property Trust 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 completion of the sale, the director owned 9,544 shares of the company’s stock, valued at approximately $190,498.24. This trade represents a 22.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last quarter, insiders sold 6,332 shares of company stock valued at $126,172. 0.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Triumph Capital Management lifted its stake in shares of Alpine Income Property Trust by 11.0% in the second quarter. Triumph Capital Management now owns 23,864 shares of the company’s stock valued at $495,000 after buying an additional 2,358 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of Alpine Income Property Trust by 28.5% during the second quarter. Hsbc Holdings PLC now owns 60,957 shares of the company’s stock worth $1,267,000 after acquiring an additional 13,519 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Alpine Income Property Trust during the second quarter worth about $573,000. Odyssean LLC bought a new position in Alpine Income Property Trust in the 2nd quarter valued at about $467,000. Finally, Legal & General Group Plc bought a new position in Alpine Income Property Trust in the 2nd quarter valued at about $32,000. 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.