Alpine Income Property Trust (NYSE:PINE – Get Free Report) had its target price hoisted by JonesTrading from $22.00 to $23.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. JonesTrading’s target price suggests a potential upside of 11.92% from the stock’s current price.
PINE has been the topic of several other reports. Robert W. Baird reiterated a “neutral” rating and issued a $21.00 price target (up from $18.00) on shares of Alpine Income Property Trust in a research report on Monday, June 29th. Zacks Research downgraded Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Truist Financial reduced 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 note on Thursday, May 21st. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a report on Friday. Finally, Huntington assumed coverage on Alpine Income Property Trust in a research report on Wednesday, July 15th. They set an “outperform” rating and a $23.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $21.50.
Read Our Latest Stock Analysis on Alpine Income Property Trust
Alpine Income Property Trust Price Performance
Alpine Income Property Trust (NYSE:PINE – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.16 EPS for the quarter, beating 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 firm had revenue of $20.00 million for 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. On average, equities research analysts predict that Alpine Income Property Trust will post 2.16 EPS for the current fiscal year.
Insiders Place Their Bets
In other Alpine Income Property Trust news, Director Andrew C. Richardson sold 3,000 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $19.35, for a total transaction of $58,050.00. Following the transaction, the director owned 14,376 shares of the company’s stock, valued at $278,175.60. This represents a 17.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. In the last three months, insiders sold 7,832 shares of company stock valued at $153,097. Insiders own 0.60% of the company’s stock.
Institutional Investors Weigh In On Alpine Income Property Trust
Hedge funds and other institutional investors have recently made changes to their positions in the business. Martingale Asset Management L P lifted its position in Alpine Income Property Trust by 3.2% during the fourth quarter. Martingale Asset Management L P now owns 16,217 shares of the company’s stock worth $271,000 after buying an additional 500 shares during the period. PNC Financial Services Group Inc. grew its holdings in Alpine Income Property Trust by 13.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,649 shares of the company’s stock valued at $84,000 after buying an additional 552 shares during the period. Deutsche Bank AG grew its holdings in Alpine Income Property Trust by 1.8% in the 4th quarter. Deutsche Bank AG now owns 32,366 shares of the company’s stock valued at $541,000 after buying an additional 567 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Alpine Income Property Trust by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 38,731 shares of the company’s stock valued at $648,000 after acquiring an additional 663 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Alpine Income Property Trust by 5.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,396 shares of the company’s stock valued at $204,000 after acquiring an additional 788 shares during the last quarter. Hedge funds and other 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.
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