Key Points
- Director Andrew Richardson sold 1,500 shares of Alpine Income Property Trust (NYSE:PINE) on May 26 at an average price of $19.39, totaling about $29,085. His ownership fell by 10.81% to 12,376 shares.
- PINE recently reported mixed quarterly results, posting EPS of $0.06 versus the $0.08 consensus estimate, though revenue of $18.41 million came in above expectations.
- The company declared a quarterly dividend of $0.30 per share, payable June 30, implying an annualized yield of 6.2%. Analyst sentiment remains moderately positive, with a consensus rating of “Moderate Buy” and an average price target of $20.21.
Alpine Income Property Trust, Inc. (NYSE:PINE - Get Free Report) Director Andrew Richardson sold 1,500 shares of the firm's stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $19.39, for a total value of $29,085.00. Following the transaction, the director owned 12,376 shares in the company, valued at $239,970.64. This trade represents a 10.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Alpine Income Property Trust Stock Performance
Shares of PINE opened at $19.35 on Thursday. The business's fifty day moving average price is $19.00 and its 200 day moving average price is $18.24. Alpine Income Property Trust, Inc. has a 12-month low of $13.10 and a 12-month high of $20.80. The stock has a market capitalization of $319.70 million, a PE ratio of -215.00, a price-to-earnings-growth ratio of 1.31 and a beta of 0.56. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.45 and a quick ratio of 2.45.
Alpine Income Property Trust (NYSE:PINE - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02). Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%.The firm had revenue of $18.41 million for the quarter, compared to the consensus estimate of $17.62 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. Equities research analysts forecast that Alpine Income Property Trust, Inc. will post 2.14 EPS for the current year.
Alpine Income Property Trust Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.20 annualized dividend and a yield of 6.2%. Alpine Income Property Trust's dividend payout ratio (DPR) is currently -1,333.33%.
Analyst Ratings Changes
Several brokerages have weighed in on PINE. JonesTrading reaffirmed a "buy" rating and issued a $22.00 target price on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Alliance Global Partners reaffirmed a "buy" rating on shares of Alpine Income Property Trust in a research report on Tuesday, April 28th. iA Financial set a $21.00 target price on Alpine Income Property Trust in a research report on Friday, February 6th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Finally, Raymond James Financial raised Alpine Income Property Trust from an "outperform" rating to a "strong-buy" rating and set a $22.00 price target on the stock in a report on Tuesday, March 17th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Alpine Income Property Trust presently has a consensus rating of "Moderate Buy" and an average price target of $20.21.
Get Our Latest Stock Analysis on Alpine Income Property Trust
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Sound Income Strategies LLC grew its holdings in Alpine Income Property Trust by 8.0% during the fourth quarter. Sound Income Strategies LLC now owns 1,216,494 shares of the company's stock worth $21,349,000 after acquiring an additional 90,320 shares during the period. Heartland Advisors Inc. grew its holdings in Alpine Income Property Trust by 25.1% during the third quarter. Heartland Advisors Inc. now owns 692,400 shares of the company's stock worth $9,811,000 after acquiring an additional 138,770 shares during the period. Gabelli Funds LLC grew its holdings in Alpine Income Property Trust by 25.2% during the fourth quarter. Gabelli Funds LLC now owns 205,016 shares of the company's stock worth $3,428,000 after acquiring an additional 41,280 shares during the period. Jeppson Wealth Management LLC grew its holdings in Alpine Income Property Trust by 8.7% during the fourth quarter. Jeppson Wealth Management LLC now owns 15,341 shares of the company's stock worth $257,000 after acquiring an additional 1,224 shares during the period. Finally, Key Capital Management INC acquired a new position in Alpine Income Property Trust during the fourth quarter worth about $38,000. 60.50% of the stock is owned by institutional investors and hedge funds.
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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