Alpine Income Property Trust (PINE) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $16.22 to $16.69
• 50-Day Range: $16.39 to $18.41
• 52-Week Range: $14.32 to $19.42
• Volume: 213,546 shs
• Average Volume: 63,752 shs
• Market Capitalization: $233.93 million
• P/E Ratio: 74.50
• Dividend Yield: 6.83%
• Price Target: $19.25
• Consensus Rating: Moderate Buy

Alpine Income Property Trust Stock Analysis - MarketRank™

Alpine Income Property Trust scored higher than 65% of companies evaluated by MarketBeat, and ranked 461st out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Alpine Income Property Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Alpine Income Property Trust has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.09%

Earnings Growth

Earnings for Alpine Income Property Trust are expected to grow by 4.09% in the coming year, from $1.71 to $1.78 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Alpine Income Property Trust is 74.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Alpine Income Property Trust is 74.50, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 26.71.

Price to Earnings Growth Ratio

Alpine Income Property Trust has a PEG Ratio of 1.67. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Alpine Income Property Trust has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.10% of the outstanding shares of Alpine Income Property Trust have been sold short.

Short Interest Ratio / Days to Cover

Alpine Income Property Trust has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Alpine Income Property Trust has recently increased by 69.22%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Alpine Income Property Trust is a leading dividend payer. It pays a dividend yield of 6.83%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Alpine Income Property Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Alpine Income Property Trust is 509.09%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Alpine Income Property Trust will have a dividend payout ratio of 62.92% next year. This indicates that Alpine Income Property Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.10% of the outstanding shares of Alpine Income Property Trust have been sold short.

Short Interest Ratio / Days to Cover

Alpine Income Property Trust has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Alpine Income Property Trust has recently increased by 69.22%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Alpine Income Property Trust has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Alpine Income Property Trust this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for PINE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Alpine Income Property Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Alpine Income Property Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $62,975.00 in company stock.

Percentage Held by Insiders

Only 0.74% of the stock of Alpine Income Property Trust is held by insiders.

Percentage Held by Institutions

60.50% of the stock of Alpine Income Property Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PINE Stock Analysis - Frequently Asked Questions

How have PINE shares performed this year?

Alpine Income Property Trust's stock was trading at $16.91 at the beginning of 2024. Since then, PINE stock has decreased by 3.1% and is now trading at $16.39.
View the best growth stocks for 2024 here.

How were Alpine Income Property Trust's earnings last quarter?

Alpine Income Property Trust, Inc. (NYSE:PINE) issued its earnings results on Thursday, October, 17th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.19. The firm earned $13.48 million during the quarter, compared to the consensus estimate of $12.08 million. Alpine Income Property Trust had a trailing twelve-month return on equity of 1.23% and a net margin of 6.72%.

When did Alpine Income Property Trust IPO?

Alpine Income Property Trust (PINE) raised $150 million in an initial public offering (IPO) on Friday, November 22nd 2019. The company issued 7,500,000 shares at a price of $19.00-$21.00 per share. Raymond James, Baird, B. Riley FBR and BMO Capital Markets acted as the underwriters for the IPO and Janney Montgomery Scott and D.A. Davidson were co-managers.

Who are Alpine Income Property Trust's major shareholders?

Alpine Income Property Trust's top institutional investors include Sound Income Strategies LLC (5.84%), Franklin Resources Inc. (2.72%), Geode Capital Management LLC (2.21%) and State Street Corp (1.91%). Insiders that own company stock include Cto Realty Growth, Inc, Mark Okey Decker Jr, Andrew C Richardson, Wein Rachel Elias, John P Albright and Daniel Earl Smith.
View institutional ownership trends.

How do I buy shares of Alpine Income Property Trust?

Shares of PINE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Alpine Income Property Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Alpine Income Property Trust investors own include Cleveland-Cliffs (CLF), Energy Transfer (ET), Medical Properties Trust (MPW), Pfizer (PFE), Enterprise Products Partners (EPD), VICI Properties (VICI) and Realty Income (O).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 9/12/2024
• Dividend Payable: 9/30/2024
• Last Earnings: 10/17/2024
• Ex-Dividend for 12/31 Dividend: 12/12/2024
• Today: 12/21/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:PINE
• CUSIP: N/A
• CIK: 1786117
• Web: www.alpinereit.com
• Phone: 407-904-3324
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $19.25
• High Stock Price Target: $21.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: +17.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.78
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.22
• Trailing P/E Ratio: 74.50
• Forward P/E Ratio: 9.58
• P/E Growth: 1.67
• Net Income: $2.92 million
• Net Margins: 6.72%
• Pretax Margin: 7.32%
• Return on Equity: 1.23%
• Return on Assets: 0.59%

Debt

• Debt-to-Equity Ratio: 1.03
• Current Ratio: 3.85
• Quick Ratio: 3.85

Sales & Book Value

• Annual Sales: $50.02 million
• Price / Sales: 4.68
• Cash Flow: $2.03 per share
• Price / Cash Flow: 8.09
• Book Value: $20.12 per share
• Price / Book: 0.81

Miscellaneous

• Outstanding Shares: 14,273,000
• Free Float: 14,167,000
• Market Cap: $233.93 million
• Optionable: Optionable
• Beta: 0.79