Alpine Income Property Trust (NYSE:PINE) Director Sells $49,885.00 in Stock

Key Points

• Insider sale: Director Andrew Richardson sold 2,750 shares on March 31 at an average price of $18.14 for $49,885, cutting his stake by 14.33% to 16,444 shares.
• Earnings and guidance: The company reported quarterly EPS of $0.06, missing estimates by $0.43 and showing negative net margin/ROE, while management set FY2026 guidance of 2.090–2.130 EPS versus sell-side estimates of about 1.74 EPS.
• Dividend hike: Alpine raised its quarterly dividend to $0.30 (annualized $1.20), implying a ~6.5% yield, up from the prior $0.29 quarterly payout.

Alpine Income Property Trust, Inc. (NYSE:PINE - Get Free Report) Director Andrew Richardson sold 2,750 shares of Alpine Income Property Trust stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $18.14, for a total transaction of $49,885.00. Following the transaction, the director directly owned 16,444 shares in the company, valued at $298,294.16. The trade was a 14.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Alpine Income Property Trust Trading Up 1.3%

NYSE:PINE traded up $0.24 during trading hours on Thursday, hitting $18.38. The stock had a trading volume of 89,024 shares, compared to its average volume of 189,350. The business's 50 day moving average is $18.98 and its 200-day moving average is $16.86. The company has a market cap of $277.26 million, a price-to-earnings ratio of -79.89, a P/E/G ratio of 1.23 and a beta of 0.54. Alpine Income Property Trust, Inc. has a one year low of $13.10 and a one year high of $20.80. The company has a debt-to-equity ratio of 1.25, a quick ratio of 4.95 and a current 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 net margin of 4.39% and a negative return on equity of 1.00%. The firm had revenue of $16.90 million during 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, Inc. 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 was paid on Tuesday, March 31st. Investors of record on Thursday, March 12th were given a $0.30 dividend. The ex-dividend date was Thursday, March 12th. This represents a $1.20 annualized dividend and a dividend yield of 6.5%. This is a boost from Alpine Income Property Trust's previous quarterly dividend of $0.29. Alpine Income Property Trust's payout ratio is presently -521.74%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on PINE. iA Financial set a $21.00 price target on shares of Alpine Income Property Trust in a research note on Friday, February 6th. Cantor Fitzgerald upgraded Alpine Income Property Trust to a "strong-buy" rating in a report on Wednesday, February 4th. Zacks Research raised Alpine Income Property Trust from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 20th. Alliance Global Partners restated a "buy" rating on shares of Alpine Income Property Trust in a research note on Friday, February 6th. Finally, JonesTrading raised their price target on shares of Alpine Income Property Trust from $19.00 to $22.00 and gave the stock a "buy" rating in a research note on Friday, February 6th. Three 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's stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of $20.21.

Hedge Funds Weigh In On Alpine Income Property Trust

Hedge funds have recently modified their holdings of the stock. Jane Street Group LLC raised its holdings in 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 acquiring an additional 8,061 shares in the last quarter. Strs Ohio bought a new position in Alpine Income Property Trust in the first quarter valued at approximately $42,000. Geode Capital Management LLC increased its position in shares of Alpine Income Property Trust by 5.8% during the 2nd quarter. Geode Capital Management LLC now owns 327,734 shares of the company's stock worth $4,822,000 after purchasing an additional 17,947 shares during the last quarter. Rhumbline Advisers increased its position in shares of Alpine Income Property Trust by 36.5% during the 2nd quarter. Rhumbline Advisers now owns 28,181 shares of the company's stock worth $415,000 after purchasing an additional 7,529 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of Alpine Income Property Trust by 3.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 332,426 shares of the company's stock worth $4,890,000 after purchasing an additional 11,712 shares in the last quarter. 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.

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