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 (EPS) guidance of 1.820-1.850 for the period, compared to the consensus estimate of 0.590. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several brokerages have commented on PINE. Weiss Ratings reiterated a “sell (d+)” rating on shares of Alpine Income Property Trust in a research report on Friday. Stifel Nicolaus dropped their price target on shares of Alpine Income Property Trust from $18.50 to $17.50 and set a “buy” rating on the stock in a research report on Friday, July 25th. UBS Group dropped their price target on shares of Alpine Income Property Trust from $16.00 to $15.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 16th. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a research report on Friday, July 25th. Finally, Jones Trading dropped their price target on shares of Alpine Income Property Trust from $20.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, July 25th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $17.63.

Alpine Income Property Trust Trading Down 1.1%

Shares of PINE opened at $13.78 on Friday. The business’s 50-day moving average price is $14.42 and its 200 day moving average price is $14.82. The stock has a market capitalization of $195.12 million, a P/E ratio of -39.37, a P/E/G ratio of 1.32 and a beta of 0.67. Alpine Income Property Trust has a 1-year low of $13.10 and a 1-year high of $18.57. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.40.

Alpine Income Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 11th were paid a $0.285 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $1.14 dividend on an annualized basis and a yield of 8.3%. Alpine Income Property Trust’s dividend payout ratio (DPR) is currently -2,280.00%.

Insiders Place Their Bets

In other Alpine Income Property Trust news, CEO John P. Albright bought 3,500 shares of the stock in a transaction on Wednesday, August 6th. The shares were bought at an average price of $14.20 per share, with a total value of $49,700.00. Following the purchase, the chief executive officer directly owned 11,444 shares in the company, valued at $162,504.80. The trade was a 44.06% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.46% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Alpine Income Property Trust

Several institutional investors and hedge funds have recently bought and sold shares of PINE. Ameriprise Financial Inc. grew its stake in shares of Alpine Income Property Trust by 13.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 15,620 shares of the company’s stock valued at $230,000 after buying an additional 1,810 shares in the last quarter. Strs Ohio bought a new stake in shares of Alpine Income Property Trust in the 1st quarter valued at approximately $42,000. Rhumbline Advisers grew its stake in shares of Alpine Income Property Trust by 36.5% in the 2nd quarter. Rhumbline Advisers now owns 28,181 shares of the company’s stock valued at $415,000 after buying an additional 7,529 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Alpine Income Property Trust by 55.9% in the 1st quarter. Jane Street Group LLC now owns 22,479 shares of the company’s stock valued at $376,000 after buying an additional 8,061 shares in the last quarter. Finally, Hsbc Holdings PLC grew its stake in shares of Alpine Income Property Trust by 42.3% in the 2nd quarter. Hsbc Holdings PLC now owns 27,866 shares of the company’s stock valued at $412,000 after buying an additional 8,278 shares in the last quarter. Hedge funds and other institutional investors own 60.50% 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.