Alpine Income Property Trust, Inc. (NYSE:PINE) Receives $19.92 Consensus PT from Analysts

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have been given an average rating of “Moderate Buy” by the nine analysts that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $19.9167.

Several brokerages have recently commented on PINE. Wall Street Zen upgraded Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Zacks Research upgraded Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. Weiss Ratings raised shares of Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, January 27th. Truist Financial upped their price objective on shares of Alpine Income Property Trust from $18.00 to $21.00 and gave the stock a “hold” rating in a report on Wednesday, February 18th. Finally, Cantor Fitzgerald raised shares of Alpine Income Property Trust to a “strong-buy” rating in a research report on Wednesday, February 4th.

Hedge Funds Weigh In On Alpine Income Property Trust

A number of hedge funds have recently modified their holdings of the stock. Sound Income Strategies LLC lifted its position 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 purchasing an additional 90,320 shares in the last quarter. Vanguard Group Inc. increased its position in Alpine Income Property Trust by 0.7% in the third quarter. Vanguard Group Inc. now owns 772,504 shares of the company’s stock worth $10,946,000 after purchasing an additional 5,681 shares during the period. Heartland Advisors Inc. increased its position in Alpine Income Property Trust by 25.1% in the third quarter. Heartland Advisors Inc. now owns 692,400 shares of the company’s stock worth $9,811,000 after purchasing an additional 138,770 shares during the period. Invesco Ltd. raised its holdings in Alpine Income Property Trust by 1,344.2% during the 4th quarter. Invesco Ltd. now owns 441,935 shares of the company’s stock worth $7,389,000 after purchasing an additional 411,334 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its position in Alpine Income Property Trust by 3.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 332,426 shares of the company’s stock valued at $4,890,000 after purchasing an additional 11,712 shares during the period. 60.50% of the stock is owned by institutional investors and hedge funds.

Alpine Income Property Trust Stock Performance

Shares of PINE opened at $19.98 on Friday. The firm has a 50-day moving average price of $17.92 and a 200 day moving average price of $16.15. The firm has a market capitalization of $301.54 million, a PE ratio of -86.88, a P/E/G ratio of 1.38 and a beta of 0.59. Alpine Income Property Trust has a 52-week low of $13.10 and a 52-week high of $20.80. The company has a quick ratio of 4.95, a current ratio of 4.95 and a debt-to-equity ratio of 1.25.

Alpine Income Property Trust (NYSE:PINE) last issued its earnings results on Thursday, February 5th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.43). The business had revenue of $16.90 million for the quarter, compared to the consensus estimate of $15.28 million. Alpine Income Property Trust had a negative return on equity of 1.00% and a negative net margin of 4.39%.Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. On average, sell-side analysts anticipate that Alpine Income Property Trust will post 1.74 earnings per share for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 12th will be paid a $0.30 dividend. The ex-dividend date is Thursday, March 12th. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a dividend yield of 6.0%. Alpine Income Property Trust’s dividend payout ratio is -495.65%.

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.