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

Alpine Income Property Trust (NYSE:PINE - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.740-1.770 for the period, compared to the consensus estimate of 1.756. The company issued revenue guidance of -.

Alpine Income Property Trust Stock Down 2.1%

Shares of PINE traded down $0.30 during midday trading on Monday, reaching $13.98. 94,361 shares of the stock were exchanged, compared to its average volume of 98,995. Alpine Income Property Trust has a 12-month low of $13.95 and a 12-month high of $19.42. The firm has a 50 day simple moving average of $14.86 and a 200-day simple moving average of $15.73. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.40. The company has a market cap of $199.44 million, a price-to-earnings ratio of -279.58, a P/E/G ratio of 1.36 and a beta of 0.58.

Alpine Income Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 12th were paid a $0.285 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 8.16%. The ex-dividend date of this dividend was Thursday, June 12th. Alpine Income Property Trust's payout ratio is -2,280.00%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Stifel Nicolaus dropped their price target on Alpine Income Property Trust from $18.50 to $17.50 and set a "buy" rating on the stock in a research report on Friday. Jones Trading dropped their price target on Alpine Income Property Trust from $20.00 to $19.00 and set a "buy" rating on the stock in a research report on Friday. UBS Group dropped their price target on Alpine Income Property Trust from $16.00 to $15.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 16th. Alliance Global Partners reaffirmed a "buy" rating on shares of Alpine Income Property Trust in a research report on Friday. Finally, Industrial Alliance Securities set a $19.00 price target on Alpine Income Property Trust in a research note on Friday, April 25th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $18.44.

Institutional Trading of Alpine Income Property Trust

A hedge fund recently bought a new stake in Alpine Income Property Trust stock. Strs Ohio purchased a new position in shares of Alpine Income Property Trust, Inc. (NYSE:PINE - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,500 shares of the company's stock, valued at approximately $42,000. 60.50% of the stock is owned by hedge funds and other institutional investors.

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.