B. Riley Analysts Decrease Earnings Estimates for PINE

Alpine Income Property Trust, Inc. (NYSE:PINE - Free Report) - Equities research analysts at B. Riley lowered their Q1 2025 earnings per share estimates for Alpine Income Property Trust in a research note issued to investors on Tuesday, February 11th. B. Riley analyst J. Massocca now anticipates that the company will earn $0.44 per share for the quarter, down from their prior forecast of $0.45. The consensus estimate for Alpine Income Property Trust's current full-year earnings is $1.78 per share. B. Riley also issued estimates for Alpine Income Property Trust's Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.43 EPS, Q4 2025 earnings at $0.43 EPS, FY2025 earnings at $1.74 EPS and FY2026 earnings at $1.65 EPS.

Alpine Income Property Trust (NYSE:PINE - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.44 EPS for the quarter, beating analysts' consensus estimates 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%.

PINE has been the topic of a number of other research reports. Robert W. Baird boosted 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. Stifel Nicolaus raised their price objective on shares of 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. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $19.25.

Alpine Income Property Trust Stock Down 0.4 %

Shares of Alpine Income Property Trust stock traded down $0.06 on Thursday, hitting $16.44. 54,765 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 quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 1.03. The company has a market cap of $234.60 million, a PE ratio of 117.43, a PEG ratio of 1.61 and a beta of 0.80. The company has a 50-day moving average price of $16.73 and a 200 day moving average price of $17.48.

Institutional Trading of Alpine Income Property Trust

Hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new stake in shares of Alpine Income Property Trust in the fourth quarter valued at about $2,130,000. Nuveen Asset Management LLC increased its position in shares of Alpine Income Property Trust by 127.9% during the 4th quarter. Nuveen Asset Management LLC now owns 174,465 shares of the company's stock worth $2,929,000 after purchasing an additional 97,910 shares in the last quarter. AlphaCentric Advisors LLC acquired a new position in Alpine Income Property Trust in the fourth quarter valued at about $1,544,000. Crossingbridge Advisors LLC bought a new stake in Alpine Income Property Trust during the fourth quarter worth about $1,544,000. Finally, Sound Income Strategies LLC increased its holdings in shares of Alpine Income Property Trust by 9.0% during the fourth quarter. Sound Income Strategies LLC now owns 866,916 shares of the company's stock worth $14,556,000 after buying an additional 71,488 shares in the last quarter. 60.50% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Wein Rachel Elias sold 2,000 shares of the firm's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $18.00, for a total value of $36,000.00. Following the sale, the director now owns 9,492 shares in the company, valued at approximately $170,856. This trade represents a 17.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.74% of the stock is currently owned by company insiders.

Alpine Income Property Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.285 per share. This represents a $1.14 dividend on an annualized basis and a yield of 6.93%. This is a boost from Alpine Income Property Trust's previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Thursday, March 13th. Alpine Income Property Trust's dividend payout ratio is 800.00%.

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.