Alpine Income Property Trust, Inc. (NYSE:PINE) Given Average Recommendation of "Buy" by Brokerages

Key Points

• Consensus "Buy": Ten brokerages cover Alpine Income Property Trust (PINE) with a consensus rating of Buy (3 hold, 4 buy, 3 strong-buy) and an average 1-year price target of $20.21.
• Mixed quarterly results and guidance: The company reported $0.06 EPS vs. a $0.49 consensus (a sizable miss) but revenue of $16.9M beat estimates, and management set FY2026 guidance of 2.090–2.130 EPS versus analysts' ~1.74 EPS forecast.
• Dividend hike and yield: Alpine raised its quarterly dividend to $0.30 (annualized $1.20), implying a ~6.2% yield, despite a negative payout ratio reported.

Alpine Income Property Trust, Inc. (NYSE:PINE - Get Free Report) has received a consensus rating of "Buy" from the ten brokerages that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and three have given a strong buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $20.2143.

Several equities research analysts have issued reports on PINE shares. Alliance Global Partners restated a "buy" rating on shares of Alpine Income Property Trust in a report on Friday, February 6th. Stifel Nicolaus increased their price target on Alpine Income Property Trust from $19.00 to $20.50 and gave the stock a "buy" rating in a report on Friday, February 6th. Cantor Fitzgerald upgraded Alpine Income Property Trust to a "strong-buy" rating in a report on Wednesday, February 4th. Wall Street Zen upgraded Alpine Income Property Trust from a "sell" rating to a "hold" rating in a report on Saturday, February 7th. Finally, JonesTrading increased their price target on Alpine Income Property Trust from $19.00 to $22.00 and gave the stock a "buy" rating in a report on Friday, February 6th.

Alpine Income Property Trust Stock Down 0.1%

Shares of Alpine Income Property Trust stock opened at $19.51 on Monday. Alpine Income Property Trust has a 1 year low of $13.10 and a 1 year high of $20.80. The business has a 50-day moving average of $19.12 and a two-hundred day moving average of $17.09. The company has a market capitalization of $319.59 million, a P/E ratio of -84.83, a price-to-earnings-growth ratio of 1.34 and a beta of 0.58. The company has a debt-to-equity ratio of 1.25, a current ratio of 4.95 and a quick ratio of 4.95.

Alpine Income Property Trust (NYSE:PINE - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $16.90 million during the quarter, compared to the consensus estimate of $15.28 million. 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 EPS for the current year.

Alpine Income Property Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 12th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, March 12th. This is a boost from Alpine Income Property Trust's previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.2%. Alpine Income Property Trust's dividend payout ratio is -521.74%.

Insider Activity

In related news, Director Andrew C. Richardson sold 2,750 shares of the stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $18.14, for a total transaction of $49,885.00. Following the completion of the transaction, the director directly owned 16,444 shares in the company, valued at approximately $298,294.16. This trade represents a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.46% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PINE. Jane Street Group LLC grew its holdings in shares of Alpine Income Property Trust by 55.9% during the first quarter. Jane Street Group LLC now owns 22,479 shares of the company's stock worth $376,000 after buying an additional 8,061 shares in the last quarter. Strs Ohio bought a new position in shares of Alpine Income Property Trust during the first quarter worth about $42,000. Geode Capital Management LLC grew its holdings in shares of Alpine Income Property Trust by 5.8% during the second quarter. Geode Capital Management LLC now owns 327,734 shares of the company's stock worth $4,822,000 after buying an additional 17,947 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Alpine Income Property Trust by 36.5% during the second quarter. Rhumbline Advisers now owns 28,181 shares of the company's stock worth $415,000 after buying an additional 7,529 shares in the last quarter. Finally, Hsbc Holdings PLC grew its holdings in shares of Alpine Income Property Trust by 42.3% during the second quarter. Hsbc Holdings PLC now owns 27,866 shares of the company's stock worth $412,000 after buying an additional 8,278 shares in the last quarter. 60.50% of the stock is currently owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.