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

Alpine Income Property Trust (NYSE:PINE) updated its FY 2025 earnings guidance on Thursday. 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 -.

Alpine Income Property Trust Price Performance

Shares of PINE traded down $0.10 during mid-day trading on Thursday, hitting $17.22. 100,316 shares of the company were exchanged, compared to its average volume of 89,238. The stock has a market cap of $245.76 million, a price-to-earnings ratio of 78.29, a price-to-earnings-growth ratio of 1.58 and a beta of 0.80. Alpine Income Property Trust has a 1-year low of $14.32 and a 1-year high of $19.42. The company has a 50 day moving average of $16.92 and a 200-day moving average of $17.52. The company has a debt-to-equity ratio of 1.03, a quick ratio of 3.85 and a current ratio of 3.85.

Alpine Income Property Trust (NYSE:PINE) last released its earnings results on Thursday, February 6th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate 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%. Analysts expect that Alpine Income Property Trust will post 1.7 EPS for the current fiscal year.

Alpine Income Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 6.50%. The ex-dividend date of this dividend was Thursday, December 12th. Alpine Income Property Trust’s dividend payout ratio (DPR) is 509.11%.

Analyst Ratings Changes

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

Insider Activity

In related news, Director Wein Rachel Elias sold 2,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $18.00, for a total transaction of $36,000.00. Following the completion of the sale, the director now owns 9,492 shares of the company’s stock, valued at $170,856. This represents a 17.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.74% of the company’s stock.

About Alpine Income Property Trust

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.