Key Points
- Director sale: Andrew Richardson sold 2,750 shares on March 31 at $18.14 for $49,885, cutting his stake by 14.33% to 16,444 shares (≈$298,294), as disclosed in an SEC filing.
- Dividend hike: The company raised its quarterly dividend to $0.30 (annualized $1.20), a ~6.5% yield up from $0.29, though the dividend payout ratio remains deeply negative (-521.74%).
- Earnings & outlook: Quarterly EPS of $0.06 missed the $0.49 estimate while revenue beat $16.9M vs. $15.28M; Alpine provided FY2026 EPS guidance of 2.090–2.130 and analysts hold a consensus "Buy" with a $20.21 target.
Alpine Income Property Trust, Inc. (NYSE:PINE - Get Free Report) Director Andrew Richardson sold 2,750 shares of the business's stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $18.14, for a total transaction of $49,885.00. Following the completion of the sale, the director directly owned 16,444 shares of the company's stock, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link.
Alpine Income Property Trust Price Performance
Shares of PINE stock opened at $18.38 on Friday. The company has a market capitalization of $277.28 million, a P/E ratio of -79.89, a P/E/G ratio of 1.24 and a beta of 0.58. The company's 50-day simple moving average is $18.99 and its two-hundred day simple moving average is $16.87. 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 current ratio of 4.95 and a quick ratio of 4.95.
Alpine Income Property Trust (NYSE:PINE - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.06 earnings per share 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 company had revenue of $16.90 million for 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 anticipate that Alpine Income Property Trust, Inc. will post 1.74 EPS for the current year.
Alpine Income Property Trust Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were issued 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 positive change from Alpine Income Property Trust's previous quarterly dividend of $0.29. Alpine Income Property Trust's dividend payout ratio (DPR) is currently -521.74%.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on PINE. Zacks Research upgraded Alpine Income Property Trust from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 20th. Wall Street Zen raised shares of Alpine Income Property Trust from a "sell" rating to a "hold" rating in a research note on Saturday, February 7th. Truist Financial increased their target price on shares of Alpine Income Property Trust from $18.00 to $21.00 and gave the stock a "hold" rating in a report on Wednesday, February 18th. B. Riley Financial restated a "buy" rating on shares of Alpine Income Property Trust in a report on Thursday, February 5th. Finally, Stifel Nicolaus upped their price target on shares of Alpine Income Property Trust from $19.00 to $20.50 and gave the stock a "buy" rating in a research report on Friday, February 6th. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $20.21.
Get Our Latest Stock Analysis on Alpine Income Property Trust
Institutional Investors Weigh In On Alpine Income Property Trust
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp acquired a new stake in Alpine Income Property Trust in the third quarter worth about $25,000. Triumph Capital Management acquired a new position in shares of Alpine Income Property Trust during the fourth quarter valued at about $33,000. Key Capital Management INC purchased a new position in shares of Alpine Income Property Trust in the 4th quarter valued at approximately $38,000. Strs Ohio purchased a new position in shares of Alpine Income Property Trust in the 1st quarter valued at approximately $42,000. Finally, PNC Financial Services Group Inc. boosted its stake in Alpine Income Property Trust by 74.3% in the 4th 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 in the last quarter. 60.50% of the stock is currently owned by hedge funds and other 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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