Alpine Income Property Trust (NYSE:PINE) Updates FY 2025 Earnings Guidance

Alpine Income Property Trust (NYSE:PINE) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.700-1.730 for the period, compared to the consensus EPS estimate of 1.700. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of brokerages have weighed in on PINE. Robert W. Baird raised their price objective on Alpine Income Property Trust from $18.00 to $19.00 and gave the company an “outperform” rating in a report on Monday, October 21st. UBS Group assumed coverage on Alpine Income Property Trust in a research report on Monday, October 14th. They set a “neutral” rating and a $19.00 price target for the company. Alliance Global Partners boosted their price target on shares of Alpine Income Property Trust from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, October 18th. Finally, Stifel Nicolaus raised their price objective on shares of Alpine Income Property Trust from $19.75 to $20.25 and gave the company a “buy” rating in a report on Monday, October 21st. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Alpine Income Property Trust currently has an average rating of “Moderate Buy” and a consensus price target of $19.25.

Alpine Income Property Trust Stock Performance

Shares of PINE stock traded down $0.98 during mid-day trading on Friday, hitting $16.22. The stock had a trading volume of 251,956 shares, compared to its average volume of 95,754. The firm has a market cap of $231.46 million, a PE ratio of 73.73, a PEG ratio of 1.58 and a beta of 0.80. The company’s 50-day simple moving average is $16.90 and its 200-day simple moving average is $17.52. The company has a debt-to-equity ratio of 1.03, a current ratio of 3.85 and a quick ratio of 3.85. Alpine Income Property Trust has a fifty-two week low of $14.32 and a fifty-two week high of $19.42.

Alpine Income Property Trust (NYSE:PINE) last released its earnings results on Thursday, February 6th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.40. Alpine Income Property Trust had a return on equity of 1.23% and a net margin of 6.72%. Sell-side analysts anticipate that Alpine Income Property Trust will post 1.7 earnings per share for the current year.

Alpine Income Property Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 13th will be issued a $0.285 dividend. This is a positive change from Alpine Income Property Trust’s previous quarterly dividend of $0.28. The ex-dividend date is Thursday, March 13th. This represents a $1.14 annualized dividend and a yield of 7.03%. Alpine Income Property Trust’s dividend payout ratio is 509.11%.

Insider Transactions at Alpine Income Property Trust

In related news, Director Wein Rachel Elias sold 2,000 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $18.00, for a total transaction of $36,000.00. Following the transaction, the director now directly owns 9,492 shares in the company, valued at approximately $170,856. This represents a 17.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.74% of the company’s stock.

Alpine Income Property Trust Company Profile

Alpine Income Property Trust, Inc (NYSE: PINE) is a publicly traded real estate investment trust that seeks to deliver attractive risk-adjusted returns and dependable cash dividends by investing in, owning and operating a portfolio of single tenant net leased properties that are predominately leased to high-quality publicly traded and credit-rated tenants.