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

Alpine Income Property Trust (NYSE:PINE) updated its FY 2025 earnings guidance on Thursday. 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 Trading Down 5.7 %

NYSE PINE traded down $0.98 on Friday, hitting $16.22. 251,956 shares of the company were exchanged, compared to its average volume of 89,207. The company has a debt-to-equity ratio of 1.03, a current ratio of 3.85 and a quick ratio of 3.85. Alpine Income Property Trust has a twelve month low of $14.32 and a twelve month high of $19.42. The firm has a market capitalization of $231.46 million, a P/E ratio of 115.86, a price-to-earnings-growth ratio of 1.61 and a beta of 0.80. The company’s 50 day moving average price is $16.87 and its 200-day moving average price is $17.51.

Alpine Income Property Trust (NYSE:PINE) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.44 earnings per share (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%. Analysts predict that Alpine Income Property Trust will post 1.78 earnings per share for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.285 per share. This is an increase from Alpine Income Property Trust’s previous quarterly dividend of $0.28. The ex-dividend date is Thursday, March 13th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.03%. Alpine Income Property Trust’s payout ratio is currently 800.00%.

Analysts Set New Price Targets

PINE has been the topic of several research analyst reports. Stifel Nicolaus lifted their target price on Alpine Income Property Trust from $19.75 to $20.25 and gave the company a “buy” rating in a research note on Monday, October 21st. UBS Group started coverage on shares of Alpine Income Property Trust in a research report on Monday, October 14th. They set a “neutral” rating and a $19.00 price objective on the stock. Alliance Global Partners increased their target price on shares of Alpine Income Property Trust from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. Finally, Robert W. Baird lifted their target price on shares of 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. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $19.25.

Insiders Place Their Bets

In other news, Director Wein Rachel Elias sold 2,000 shares of the business’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 completion of the sale, the director now directly 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.74% of the company’s stock.

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.