Alpine Income Property Trust (NYSE:PINE) Upgraded at Wall Street Zen

by · The Markets Daily

Wall Street Zen upgraded shares of Alpine Income Property Trust (NYSE:PINE – Free Report) from a sell rating to a hold rating in a research report sent to investors on Saturday.

Other equities analysts also recently issued reports about the stock. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a report on Friday. B. Riley Financial reiterated a “buy” rating on shares of Alpine Income Property Trust in a research note on Thursday. Weiss Ratings raised shares of Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, January 27th. Stifel Nicolaus boosted their price objective on Alpine Income Property Trust from $19.00 to $20.50 and gave the stock a “buy” rating in a report on Friday. Finally, Cantor Fitzgerald raised Alpine Income Property Trust to a “strong-buy” rating in a research report on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $19.70.

Read Our Latest Stock Report on Alpine Income Property Trust

Alpine Income Property Trust Price Performance

Shares of NYSE PINE opened at $19.59 on Friday. The company has a quick ratio of 4.95, a current ratio of 4.95 and a debt-to-equity ratio of 1.25. The business’s 50 day moving average price is $17.29 and its two-hundred day moving average price is $15.70. The company has a market cap of $295.61 million, a PE ratio of -85.17 and a beta of 0.59. Alpine Income Property Trust has a twelve month low of $13.10 and a twelve month high of $19.90.

Alpine Income Property Trust (NYSE:PINE – Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.43). The business had revenue of $16.90 million for the quarter, compared to the consensus estimate of $15.28 million. Alpine Income Property Trust had a negative return on equity of 1.00% and a negative net margin of 4.39%.Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. On average, analysts predict that Alpine Income Property Trust will post 1.74 EPS for the current year.

Alpine Income Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th will be issued a dividend of $0.30 per share. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Thursday, March 12th. Alpine Income Property Trust’s payout ratio is -495.65%.

Institutional Investors Weigh In On Alpine Income Property Trust

Several institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its stake in Alpine Income Property Trust by 5.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,396 shares of the company’s stock worth $204,000 after acquiring an additional 788 shares during the period. Alliancebernstein L.P. increased its position in shares of Alpine Income Property Trust by 7.3% in the third quarter. Alliancebernstein L.P. now owns 14,790 shares of the company’s stock worth $210,000 after purchasing an additional 1,000 shares during the period. Jeppson Wealth Management LLC increased its position in shares of Alpine Income Property Trust by 8.7% in the fourth quarter. Jeppson Wealth Management LLC now owns 15,341 shares of the company’s stock worth $257,000 after purchasing an additional 1,224 shares during the period. Exchange Traded Concepts LLC raised its stake in Alpine Income Property Trust by 5.5% in the third quarter. Exchange Traded Concepts LLC now owns 32,145 shares of the company’s stock valued at $455,000 after purchasing an additional 1,689 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in 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 purchasing an additional 1,746 shares during the period. 60.50% of the stock is currently owned by institutional investors.

About Alpine Income Property Trust

(Get Free Report)

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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