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

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

Alpine Income Property Trust Price Performance

Shares of PINE stock traded down $0.10 during trading hours on Thursday, reaching $17.22. 100,316 shares of the company were exchanged, compared to its average volume of 89,238. Alpine Income Property Trust has a fifty-two week low of $14.32 and a fifty-two week high of $19.42. The company has a debt-to-equity ratio of 1.03, a current ratio of 3.85 and a quick ratio of 3.85. The stock’s fifty day moving average is $16.92 and its two-hundred day moving average is $17.52. The company has a market cap of $245.76 million, a price-to-earnings ratio of 78.29, a P/E/G ratio of 1.58 and a beta of 0.80.

Alpine Income Property Trust (NYSE:PINE) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.40. Alpine Income Property Trust had a net margin of 6.72% and a return on equity of 1.23%. Sell-side analysts forecast that Alpine Income Property Trust will post 1.7 earnings per share for the current fiscal year.

Alpine Income Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a 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 presently 509.11%.

Analysts Set New Price Targets

PINE has been the topic of a number of research reports. Stifel Nicolaus boosted their price objective on shares of Alpine Income Property Trust from $19.75 to $20.25 and gave the stock a “buy” rating in a research report on Monday, October 21st. UBS Group started coverage on shares of Alpine Income Property Trust in a research note on Monday, October 14th. They issued a “neutral” rating and a $19.00 price target on the stock. Robert W. Baird increased their price objective 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. Finally, Alliance Global Partners lifted their target price on 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. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.25.

Insider Buying and Selling

In related news, Director Wein Rachel Elias sold 2,000 shares of Alpine Income Property Trust 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 approximately $170,856. The trade was a 17.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.74% of the stock is currently owned by corporate insiders.

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.