Alpine Income Property Trust (NYSE:PINE) Raised to Strong-Buy at Zacks Research

Key Points

• Zacks Research upgraded Alpine Income Property Trust to “strong buy” from “hold.” Other analysts remain generally positive, with the stock carrying an overall “Buy” consensus rating and an average price target of $21.28.
• Alpine reported quarterly EPS of $0.16, exceeding the $0.14 analyst consensus, while revenue of $20.0 million also topped expectations of $18.85 million. Management issued fiscal 2026 EPS guidance of $2.12–$2.15.
• PINE opened at $17.71, below its $21.99 12-month high, while institutional ownership stood at 60.5%; BlackRock and Heartland Advisors were among investors establishing new positions.

Alpine Income Property Trust (NYSE:PINE - Get Free Report) was upgraded by Zacks Research from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Monday, Zacks reports.

A number of other equities analysts also recently weighed in on the stock. Huntington initiated coverage on shares of Alpine Income Property Trust in a report on Wednesday, July 15th. They set an "outperform" rating and a $23.00 target price on the stock. JonesTrading upped their price target on shares of Alpine Income Property Trust from $22.00 to $23.00 and gave the stock a "buy" rating in a research report on Friday, July 24th. Stifel Nicolaus set a $21.25 price target on shares of Alpine Income Property Trust in a research note on Tuesday, October 13th. Robert W. Baird reiterated a "neutral" rating and issued a $21.00 price target (up from $18.00) on shares of Alpine Income Property Trust in a research note on Monday, June 29th. Finally, Alliance Global Partners reissued a "buy" rating on shares of Alpine Income Property Trust in a research report on Friday, July 24th. Three equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $21.28.

Alpine Income Property Trust Stock Up 0.1%

PINE stock opened at $17.71 on Monday. The company has a market cap of $317.63 million, a price-to-earnings ratio of 93.24, a P/E/G ratio of 1.16 and a beta of 0.56. Alpine Income Property Trust has a twelve month low of $13.63 and a twelve month high of $21.99. The business has a 50 day moving average price of $18.49 and a two-hundred day moving average price of $19.30. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 1.03.

Alpine Income Property Trust (NYSE:PINE - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. The company had revenue of $20.00 million for the quarter, compared to analysts' expectations of $18.85 million. Alpine Income Property Trust had a return on equity of 2.11% and a net margin of 9.36%. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. Analysts anticipate that Alpine Income Property Trust will post 2.17 EPS for the current fiscal year.

Insider Activity

In other news, Director Andrew Richardson sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $20.28, for a total value of $40,560.00. Following the transaction, the director owned 8,425 shares of the company's stock, valued at approximately $170,859. This represents a 19.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Alpine Income Property Trust

Several hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Alpine Income Property Trust in the second quarter valued at about $28,048,000. Heartland Advisors Inc. acquired a new position in shares of Alpine Income Property Trust in the second quarter valued at about $9,449,000. Dimensional Fund Advisors LP increased its position in Alpine Income Property Trust by 14.1% during the first quarter. Dimensional Fund Advisors LP now owns 185,819 shares of the company's stock worth $3,345,000 after acquiring an additional 22,911 shares during the period. Renaissance Technologies LLC increased its position in Alpine Income Property Trust by 87.1% during the first quarter. Renaissance Technologies LLC now owns 121,200 shares of the company's stock worth $2,182,000 after acquiring an additional 56,422 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in Alpine Income Property Trust during the second quarter worth about $1,813,000. 60.50% of the stock is owned by institutional investors and hedge funds.

Alpine Income Property Trust Company Profile

Alpine Income Property Trust, Inc is a real estate investment trust (REIT) that owns and manages a portfolio of income-producing commercial properties. The company primarily focuses on single-tenant, net-leased retail properties, where tenants generally are responsible for property taxes, insurance and maintenance under the terms of their leases.

Alpine's properties are occupied by tenants across a range of industries, including retail, grocery, home improvement, automotive services and other consumer-oriented businesses.

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