Alpine Income Property Trust, Inc. (NYSE:PINE – Free Report) – Equities research analysts at B. Riley raised their Q1 2025 earnings per share estimates for Alpine Income Property Trust in a report issued on Wednesday, July 17th. B. Riley analyst J. Massocca now expects that the company will post earnings per share of $0.41 for the quarter, up from their previous estimate of $0.40. The consensus estimate for Alpine Income Property Trust’s current full-year earnings is $1.56 per share. B. Riley also issued estimates for Alpine Income Property Trust’s Q3 2025 earnings at $0.41 EPS.
Several other equities analysts have also commented on PINE. Jonestrading cut their price target on Alpine Income Property Trust from $19.00 to $18.00 and set a “buy” rating on the stock in a research note on Friday, April 19th. BTIG Research lowered their price target on shares of Alpine Income Property Trust from $23.00 to $19.00 and set a “buy” rating for the company in a research report on Monday, April 22nd. Stifel Nicolaus dropped their price objective on shares of Alpine Income Property Trust from $19.00 to $18.75 and set a “buy” rating on the stock in a research note on Friday, April 19th. Finally, Alliance Global Partners started coverage on shares of Alpine Income Property Trust in a report on Thursday, April 11th. They set a “buy” rating and a $19.00 price objective on the stock. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $18.69.
View Our Latest Analysis on PINE
Alpine Income Property Trust Trading Down 0.9 %
PINE stock opened at $16.78 on Thursday. Alpine Income Property Trust has a 12 month low of $14.25 and a 12 month high of $17.72. The firm’s 50-day moving average is $15.51 and its 200 day moving average is $15.56. The company has a market capitalization of $228.54 million, a PE ratio of -419.50, a P/E/G ratio of 1.78 and a beta of 0.79. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.31 and a quick ratio of 1.31.
Institutional Investors Weigh In On Alpine Income Property Trust
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Alpine Income Property Trust by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 755,563 shares of the company’s stock worth $11,545,000 after buying an additional 6,522 shares during the last quarter. Sound Income Strategies LLC lifted its position in shares of Alpine Income Property Trust by 12.3% in the second quarter. Sound Income Strategies LLC now owns 734,769 shares of the company’s stock valued at $11,433,000 after acquiring an additional 80,725 shares in the last quarter. Heartland Advisors Inc. lifted its position in shares of Alpine Income Property Trust by 53.0% in the first quarter. Heartland Advisors Inc. now owns 611,900 shares of the company’s stock valued at $9,350,000 after acquiring an additional 211,900 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Alpine Income Property Trust by 7.7% in the first quarter. Russell Investments Group Ltd. now owns 493,508 shares of the company’s stock worth $7,541,000 after acquiring an additional 35,151 shares during the last quarter. Finally, Kennedy Capital Management LLC increased its position in shares of Alpine Income Property Trust by 18.6% during the first quarter. Kennedy Capital Management LLC now owns 380,475 shares of the company’s stock worth $5,814,000 after purchasing an additional 59,674 shares in the last quarter. Hedge funds and other institutional investors own 60.50% of the company’s stock.
Insider Activity at Alpine Income Property Trust
In other Alpine Income Property Trust news, major shareholder Cto Realty Growth, Inc. bought 6,262 shares of the firm’s stock in a transaction that occurred on Friday, July 5th. The stock was bought at an average cost of $15.00 per share, for a total transaction of $93,930.00. Following the completion of the transaction, the insider now directly owns 196,356 shares of the company’s stock, valued at approximately $2,945,340. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have bought a total of 21,804 shares of company stock valued at $326,747 in the last ninety days. Company insiders own 0.74% of the company’s stock.
Alpine Income Property Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 13th were issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 6.56%. The ex-dividend date was Thursday, June 13th. Alpine Income Property Trust’s dividend payout ratio (DPR) is presently -2,750.00%.
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.
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