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

Alpine Income Property Trust, Inc. (NYSE:PINE) has earned a consensus recommendation of “Moderate Buy” from the eleven research firms that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $21.50.

A number of research analysts have weighed in on the stock. Weiss Ratings cut shares of Alpine Income Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 17th. Huntington assumed coverage on shares of Alpine Income Property Trust in a research note on Wednesday, July 15th. They set an “outperform” rating and a $23.00 target price on the stock. Truist Financial dropped their target price on Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating on the stock in a research report on Thursday, May 21st. JonesTrading lifted their price target on Alpine Income Property Trust from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Alpine Income Property Trust in a report on Friday.

Alpine Income Property Trust Price Performance

Shares of NYSE PINE opened at $20.32 on Wednesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a market capitalization of $358.13 million, a price-to-earnings ratio of 106.98, a PEG ratio of 1.37 and a beta of 0.54. The firm’s 50 day simple moving average is $20.07 and its 200-day simple moving average is $19.29. Alpine Income Property Trust has a 12 month low of $13.10 and a 12 month high of $21.99.

Alpine Income Property Trust (NYSE:PINE) last posted its earnings results on Thursday, July 23rd. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm 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. Analysts expect that Alpine Income Property Trust will post 2.16 EPS for the current year.

Alpine Income Property Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, September 10th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This is an increase from Alpine Income Property Trust’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a yield of 6.3%. Alpine Income Property Trust’s dividend payout ratio is 631.58%.

Insider Activity at Alpine Income Property Trust

In other news, Director Andrew C. Richardson sold 2,832 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $19.96, for a total value of $56,526.72. Following the completion of the sale, the director directly owned 9,544 shares in the company, valued at $190,498.24. The trade was a 22.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 7,832 shares of company stock valued at $153,097 in the last three months. 0.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Alpine Income Property Trust

Institutional investors have recently added to or reduced their stakes in the stock. Triumph Capital Management purchased a new stake in Alpine Income Property Trust in the 4th quarter worth $33,000. Key Capital Management INC purchased a new position in Alpine Income Property Trust during the fourth quarter valued at $38,000. Strs Ohio purchased a new position in Alpine Income Property Trust during the first quarter valued at $42,000. PNC Financial Services Group Inc. grew its position in shares of Alpine Income Property Trust by 74.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,097 shares of the company’s stock valued at $69,000 after purchasing an additional 1,746 shares during the period. Finally, Royal Bank of Canada grew its position in shares of Alpine Income Property Trust by 36.3% in the fourth quarter. Royal Bank of Canada now owns 5,134 shares of the company’s stock valued at $86,000 after purchasing an additional 1,366 shares during the period. 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.