Alpine Income Property Trust, Inc. (NYSE:PINE) Receives $20.21 Consensus Target Price from Analysts

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) have earned an average rating of “Buy” from the ten analysts that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and three have given a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $20.2143.

PINE has been the subject of a number of recent analyst reports. Truist Financial upped their price target 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. Weiss Ratings upgraded shares of Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, January 27th. Alliance Global Partners restated a “buy” rating on shares of Alpine Income Property Trust in a research note on Friday, February 6th. Zacks Research raised Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. Finally, Raymond James Financial upgraded Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 price target on the stock in a research note on Tuesday, March 17th.

Alpine Income Property Trust Stock Down 4.0%

PINE stock opened at $18.23 on Thursday. The company has a market cap of $275.15 million, a PE ratio of -79.27, a price-to-earnings-growth ratio of 1.25 and a beta of 0.54. The business has a 50-day simple moving average of $18.85 and a 200 day simple moving average of $16.69. 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 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). Alpine Income Property Trust had a negative return on equity of 1.00% and a negative net margin of 4.39%.The firm had revenue of $16.90 million for the quarter, compared to analyst estimates of $15.28 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. Sell-side analysts anticipate that Alpine Income Property Trust will post 1.74 EPS for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The firm also recently disclosed 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. This represents a $1.20 annualized dividend and a yield of 6.6%. This is a boost 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 -521.74%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Atlantic Union Bankshares Corp bought a new stake in shares of Alpine Income Property Trust during the 3rd quarter valued at approximately $25,000. Triumph Capital Management bought a new position in Alpine Income Property Trust in the 4th quarter valued at approximately $33,000. Key Capital Management INC acquired a new stake in Alpine Income Property Trust in the fourth quarter valued at approximately $38,000. Strs Ohio acquired a new stake in Alpine Income Property Trust in the first quarter valued at approximately $42,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of 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 and hedge funds own 60.50% of the company’s stock.

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.