Alpine Income Property Trust, Inc. (NYSE:PINE) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Alpine Income Property Trust, with five buy ratings, two strong-buy ratings and four holds. The average 12-month price target is $21.50, above the stock’s reported $19.71 price.
• Alpine exceeded quarterly expectations, reporting $0.16 in EPS versus the $0.14 consensus and revenue of $20.00 million versus estimates of $18.85 million.
• The company raised its quarterly dividend from $0.30 to $0.32 per share, representing an annualized dividend of $1.28 and a 6.5% yield, although its reported payout ratio is elevated at 631.58%.

Shares of Alpine Income Property Trust, Inc. (NYSE:PINE - Get Free Report) have received a consensus rating of "Moderate Buy" from the eleven research firms that are currently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $21.50.

A number of research firms have weighed in on PINE. Stifel Nicolaus upped their price objective on shares of Alpine Income Property Trust from $21.50 to $22.00 and gave the company a "buy" rating in a research report on Friday, July 24th. Truist Financial dropped their target price on Alpine Income Property Trust from $21.00 to $20.00 and set a "hold" rating on the stock in a research report on Thursday, May 21st. JonesTrading boosted their price target on Alpine Income Property Trust from $22.00 to $23.00 and gave the stock a "buy" rating in a research note on Friday, July 24th. Weiss Ratings raised Alpine Income Property Trust from a "hold (c-)" rating to a "hold (c+)" rating in a report on Friday, July 31st. Finally, Robert W. Baird restated a "neutral" rating and set a $21.00 price objective (up from $18.00) on shares of Alpine Income Property Trust in a research note on Monday, June 29th.

Alpine Income Property Trust Trading Up 0.2%

NYSE PINE opened at $19.71 on Friday. The stock has a market cap of $347.36 million, a P/E ratio of 103.76, a PEG ratio of 1.31 and a beta of 0.54. The company's fifty day simple moving average is $20.22 and its 200-day simple moving average is $19.50. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 1.03. Alpine Income Property Trust has a 52 week low of $13.10 and a 52 week high of $21.99.

Alpine Income Property Trust (NYSE:PINE - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. Alpine Income Property Trust had a net margin of 9.36% and a return on equity of 2.11%. The business had revenue of $20.00 million during the quarter, compared to analyst estimates of $18.85 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. Equities research analysts predict that Alpine Income Property Trust will post 2.16 EPS for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, September 10th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Thursday, September 10th. This is a positive change from Alpine Income Property Trust's previous quarterly dividend of $0.30. Alpine Income Property Trust's dividend payout ratio is currently 631.58%.

Insider Activity at Alpine Income Property Trust

In other news, Director Andrew C. Richardson sold 2,832 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $19.96, for a total transaction of $56,526.72. Following the completion of the transaction, the director directly owned 9,544 shares in the company, valued at approximately $190,498.24. This represents a 22.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last three months, insiders sold 6,832 shares of company stock worth $135,607. Corporate insiders own 0.60% of the company's stock.

Institutional Trading of Alpine Income Property Trust

Several institutional investors have recently added to or reduced their stakes in the stock. Legal & General Group Plc bought a new position in Alpine Income Property Trust during the 2nd quarter valued at $32,000. Triumph Capital Management bought a new stake in shares of Alpine Income Property Trust in the 4th quarter worth about $33,000. Key Capital Management INC acquired a new stake in shares of Alpine Income Property Trust in the 4th quarter valued at about $38,000. Strs Ohio acquired a new stake in shares of Alpine Income Property Trust in the 1st quarter valued at about $42,000. Finally, Virtus Advisers LLC bought a new position in shares of Alpine Income Property Trust during the second quarter worth about $80,000. 60.50% of the stock is owned by institutional investors and hedge funds.

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.

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