Alpine Income Property Trust (PINE) Expected to Announce Quarterly Earnings on Thursday

Alpine Income Property Trust (NYSE:PINE - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Thursday, April 24th. Analysts expect Alpine Income Property Trust to post earnings of $0.43 per share and revenue of $13.93 million for the quarter. Alpine Income Property Trust has set its FY 2025 guidance at 1.700-1.730 EPS.

Alpine Income Property Trust (NYSE:PINE - Get Free Report) last posted its quarterly earnings data 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 expect Alpine Income Property Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Alpine Income Property Trust Stock Performance

Shares of Alpine Income Property Trust stock traded down $0.01 during trading hours on Monday, hitting $16.46. 60,208 shares of the company's stock traded hands, compared to its average volume of 74,250. The stock has a market capitalization of $238.27 million, a price-to-earnings ratio of 117.57, a PEG ratio of 1.58 and a beta of 0.57. Alpine Income Property Trust has a 12-month low of $14.51 and a 12-month high of $19.42. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.94 and a quick ratio of 0.94. The company has a fifty day simple moving average of $16.29 and a 200-day simple moving average of $16.92.

Alpine Income Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 13th were issued a dividend of $0.285 per share. This represents a $1.14 dividend on an annualized basis and a yield of 6.93%. The ex-dividend date of this dividend was Thursday, March 13th. This is an increase from Alpine Income Property Trust's previous quarterly dividend of $0.28. Alpine Income Property Trust's dividend payout ratio (DPR) is 814.29%.

Analyst Ratings Changes

Separately, Stifel Nicolaus decreased their price target on shares of Alpine Income Property Trust from $19.50 to $19.25 and set a "buy" rating for the company in a research note on Thursday, April 3rd. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $19.28.

Insider Activity at Alpine Income Property Trust

In other Alpine Income Property Trust news, Director Andrew C. Richardson sold 2,000 shares of Alpine Income Property Trust stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $16.64, for a total transaction of $33,280.00. Following the completion of the transaction, the director now owns 17,143 shares of the company's stock, valued at $285,259.52. The trade was a 10.45 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.74% of the stock is owned by company 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.