CTO Realty Growth Reduces Management Fee for PINE

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2025.11.10 22:12
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CTO Realty Growth has announced a reduction in the management fee for Alpine Income Property Trust, Inc. (PINE), lowering the fee rate from 1.50% to 0.75% per annum effective November 5, 2025. The latest analyst rating for CTO stock is a Hold with a price target of $18.00. Despite challenges in profitability and high leverage, the company shows strong leasing activity and positive financial guidance. Technical indicators suggest moderate bullish momentum, but valuation concerns remain due to negative earnings, balanced by a high dividend yield.