Alpine Income Property Trust, Inc. (NYSE:PINE) Short Interest Update

Alpine Income Property Trust, Inc. (NYSE:PINE) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 261,956 shares, a drop of 23.6% from the February 12th total of 343,069 shares. Approximately 1.7% of the company’s stock are sold short. Based on an average daily trading volume, of 249,936 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 249,936 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.7% of the company’s stock are sold short.

Alpine Income Property Trust Stock Up 2.1%

PINE stock traded up $0.39 during mid-day trading on Monday, reaching $18.83. The company had a trading volume of 155,026 shares, compared to its average volume of 233,486. The company has a debt-to-equity ratio of 1.25, a current ratio of 4.95 and a quick ratio of 4.95. The stock has a 50 day simple moving average of $18.66 and a two-hundred day simple moving average of $16.57. The company has a market capitalization of $284.14 million, a price-to-earnings ratio of 9.81, a PEG ratio of 1.26 and a beta of 0.54. Alpine Income Property Trust has a 52 week low of $13.10 and a 52 week high of $20.80.

Alpine Income Property Trust (NYSE:PINE) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.43). The company 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. As a group, equities analysts predict that Alpine Income Property Trust will post 1.74 earnings per share for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 6.4%. This is an increase from Alpine Income Property Trust’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Thursday, March 12th. Alpine Income Property Trust’s payout ratio is currently -521.74%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Atlantic Union Bankshares Corp acquired a new position in shares of Alpine Income Property Trust during the 3rd quarter worth about $25,000. Triumph Capital Management acquired a new stake in Alpine Income Property Trust in the 4th quarter valued at about $33,000. Key Capital Management INC bought a new position in Alpine Income Property Trust during the fourth quarter worth about $38,000. Strs Ohio bought a new position in Alpine Income Property Trust during the first quarter worth about $42,000. Finally, PNC Financial Services Group Inc. increased its position in Alpine Income Property Trust by 74.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,097 shares of the company’s stock worth $69,000 after buying an additional 1,746 shares during the last quarter. Institutional investors own 60.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. B. Riley Financial restated a “buy” rating on shares of Alpine Income Property Trust in a research note on Thursday, February 5th. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a report on Friday, February 6th. Wall Street Zen raised shares of Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. iA Financial set a $21.00 target price on shares of Alpine Income Property Trust in a report on Friday, February 6th. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Alpine Income Property Trust currently has a consensus rating of “Moderate Buy” and an average target price of $19.92.

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.