Alpine Income Property Trust (NYSE:PINE – Get Free Report) was downgraded by equities research analysts at Robert W. Baird from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.
Several other brokerages have also commented on PINE. Stifel Nicolaus set a $21.50 target price on Alpine Income Property Trust in a research report on Friday, April 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Alliance Global Partners reaffirmed a “buy” rating on shares of Alpine Income Property Trust in a report on Tuesday, April 28th. JonesTrading reiterated a “buy” rating and set a $22.00 target price on shares of Alpine Income Property Trust in a research note 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 on the stock in a report on Tuesday, March 17th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Alpine Income Property Trust presently has a consensus rating of “Moderate Buy” and an average price target of $20.31.
Check Out Our Latest Research Report on Alpine Income Property Trust
Alpine Income Property Trust Stock Performance
Alpine Income Property Trust (NYSE:PINE – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The firm had revenue of $18.41 million during the quarter, compared to analyst estimates of $17.62 million. Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%.Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. Equities analysts forecast that Alpine Income Property Trust will post 2.14 earnings per share for the current fiscal year.
Insider Activity
In related news, Director Andrew C. Richardson sold 2,832 shares of the firm’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 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders sold 7,832 shares of company stock valued at $153,097. Company insiders own 0.60% of the company’s stock.
Institutional Investors Weigh In On Alpine Income Property Trust
A number of hedge funds have recently added to or reduced their stakes in the stock. Triumph Capital Management acquired a new position in shares of Alpine Income Property Trust during the fourth quarter valued at $33,000. Key Capital Management INC bought a new stake in Alpine Income Property Trust in the 4th quarter valued at about $38,000. Strs Ohio bought a new stake in Alpine Income Property Trust in the 1st quarter valued at about $42,000. PNC Financial Services Group Inc. boosted its stake in Alpine Income Property Trust by 74.3% during the 4th 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 boosted its stake in Alpine Income Property Trust by 36.3% during the 4th 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. 60.50% of the stock is currently owned by institutional investors.
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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