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

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

Wall Street Analyst Weigh In

PINE has been the subject of a number of research reports. Stifel Nicolaus increased their target price on Alpine Income Property Trust from $19.75 to $20.25 and gave the company a "buy" rating in a research report on Monday, October 21st. Alliance Global Partners increased their price objective on shares of Alpine Income Property Trust from $20.00 to $21.00 and gave the company a "buy" rating in a research report on Friday, October 18th. UBS Group began coverage on shares of Alpine Income Property Trust in a report on Monday, October 14th. They issued a "neutral" rating and a $19.00 target price on the stock. Finally, Robert W. Baird increased their price target on shares of Alpine Income Property Trust from $18.00 to $19.00 and gave the company an "outperform" rating in a report on Monday, October 21st. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $19.25.

Alpine Income Property Trust Trading Down 1.1 %

Alpine Income Property Trust stock traded down $0.19 during midday trading on Monday, reaching $16.04. The stock had a trading volume of 152,461 shares, compared to its average volume of 97,933. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 1.03. The firm has a market cap of $228.82 million, a price-to-earnings ratio of 114.54, a price-to-earnings-growth ratio of 1.61 and a beta of 0.80. Alpine Income Property Trust has a 52-week low of $14.32 and a 52-week high of $19.42. The company has a fifty day moving average of $16.87 and a 200 day moving average of $17.52.

Alpine Income Property Trust (NYSE:PINE - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.40. Alpine Income Property Trust had a return on equity of 0.76% and a net margin of 3.96%. On average, 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 business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 13th will be paid a dividend of $0.285 per share. 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 dividend yield of 7.11%. The ex-dividend date of this dividend is Thursday, March 13th. Alpine Income Property Trust's payout ratio is currently 800.00%.

Insider Buying and Selling

In related news, Director Wein Rachel Elias sold 2,000 shares of the business's stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $18.00, for a total value of $36,000.00. Following the completion of the sale, the director now owns 9,492 shares in the company, valued at approximately $170,856. The trade was 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 the SEC website. 0.74% of the stock is currently owned by insiders.

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.