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

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

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Stifel Nicolaus boosted their price objective on shares of Alpine Income Property Trust from $19.75 to $20.25 and gave the stock a “buy” rating in a report on Monday, October 21st. UBS Group started coverage on Alpine Income Property Trust in a report on Monday, October 14th. They issued a “neutral” rating and a $19.00 price target for the company. Alliance Global Partners lifted their price objective on Alpine Income Property Trust from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, October 18th. Finally, Robert W. Baird upped their target price on Alpine Income Property Trust from $18.00 to $19.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $19.25.

Alpine Income Property Trust Price Performance

Shares of NYSE PINE traded down $0.98 during midday trading on Friday, reaching $16.22. 251,956 shares of the company traded hands, compared to its average volume of 89,207. Alpine Income Property Trust has a 12 month low of $14.32 and a 12 month high of $19.42. The company has a debt-to-equity ratio of 1.03, a quick ratio of 3.85 and a current ratio of 3.85. The stock’s 50-day simple moving average is $16.87 and its 200-day simple moving average is $17.51. The firm has a market cap of $231.46 million, a PE ratio of 115.86, a PEG ratio of 1.61 and a beta of 0.80.

Alpine Income Property Trust (NYSE:PINE) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.40. Alpine Income Property Trust had a net margin of 3.96% and a return on equity of 0.76%. As a group, equities analysts anticipate that Alpine Income Property Trust will post 1.78 earnings per share for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 13th will be given a dividend of $0.285 per share. The ex-dividend date is Thursday, March 13th. This is a positive change from Alpine Income Property Trust’s previous quarterly dividend of $0.28. This represents a $1.14 dividend on an annualized basis and a yield of 7.03%. Alpine Income Property Trust’s dividend payout ratio is 800.00%.

Insider Buying and Selling at Alpine Income Property Trust

In other news, Director Wein Rachel Elias sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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.