Alpine Income Property Trust (NYSE:PINE) Rating Lowered to “Hold” at Zacks Research

Alpine Income Property Trust (NYSE:PINE) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Cantor Fitzgerald upgraded Alpine Income Property Trust to a “strong-buy” rating in a report on Wednesday, February 4th. Truist Financial raised their price target on Alpine Income Property Trust from $18.00 to $21.00 and gave the company a “hold” rating in a report on Wednesday, February 18th. Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a research report on Tuesday, April 28th. iA Financial set a $21.00 price objective on Alpine Income Property Trust in a research note on Friday, February 6th. Finally, Raymond James Financial upgraded Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 price objective on the stock in a research note on Tuesday, March 17th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $20.36.

Alpine Income Property Trust Stock Performance

NYSE PINE opened at $19.04 on Monday. The company has a market cap of $314.46 million, a P/E ratio of -211.48, a P/E/G ratio of 1.27 and a beta of 0.56. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.45 and a current ratio of 2.45. The business’s 50 day moving average price is $18.97 and its 200-day moving average price is $18.05. Alpine Income Property Trust has a fifty-two week low of $13.10 and a fifty-two week high of $20.80.

Alpine Income Property Trust (NYSE:PINE) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The company had revenue of $18.41 million for the quarter, compared to analysts’ expectations 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. Sell-side analysts predict that Alpine Income Property Trust will post 2.14 earnings per share for the current year.

Insider Buying and Selling at Alpine Income Property Trust

In related news, Director Andrew C. Richardson sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $19.35, for a total value of $58,050.00. Following the completion of the sale, the director owned 14,376 shares of the company’s stock, valued at $278,175.60. This trade represents a 17.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.60% of the company’s stock.

Institutional Trading of Alpine Income Property Trust

Several institutional investors and hedge funds have recently bought and sold shares of PINE. Atlantic Union Bankshares Corp acquired a new stake in shares of Alpine Income Property Trust during the 3rd quarter worth approximately $25,000. Triumph Capital Management acquired a new position in shares of Alpine Income Property Trust during the fourth quarter worth $33,000. Key Capital Management INC acquired a new position in shares of Alpine Income Property Trust during the fourth quarter worth $38,000. Strs Ohio acquired a new position in Alpine Income Property Trust in the first quarter valued at $42,000. Finally, PNC Financial Services Group Inc. lifted its holdings in 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 buying an additional 1,746 shares during the period. 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.