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

Key Points

• Alpine Income Property Trust has updated its FY 2025 earnings guidance, projecting earnings per share (EPS) between 1.820 and 1.850, significantly higher than the consensus estimate of 0.590.
• The company reported a quarterly EPS of $0.46, beating expectations, but has also displayed negative net margins and return on equity metrics.
• Despite some analysts maintaining a "buy" rating, the stock's price target has seen downward revisions, with the current consensus target price at $17.63.

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 1.820-1.850 for the period, compared to the consensus estimate of 0.590. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

PINE has been the subject of a number of recent research reports. Stifel Nicolaus lowered their price objective on shares of Alpine Income Property Trust from $18.50 to $17.50 and set a "buy" rating for the company in a research report on Friday, July 25th. Alliance Global Partners reaffirmed a "buy" rating on shares of Alpine Income Property Trust in a research note on Friday, July 25th. Weiss Ratings reissued a "sell (d+)" rating on shares of Alpine Income Property Trust in a research note on Wednesday, October 8th. UBS Group cut their target price on shares of Alpine Income Property Trust from $16.00 to $15.00 and set a "neutral" rating for the company in a research note on Wednesday, July 16th. Finally, Jones Trading cut their target price on shares of Alpine Income Property Trust from $20.00 to $19.00 and set a "buy" rating for the company in a research report on Friday, July 25th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $17.63.

Alpine Income Property Trust Price Performance

Shares of Alpine Income Property Trust stock traded up $0.08 during trading on Thursday, hitting $13.91. 91,295 shares of the company's stock traded hands, compared to its average volume of 83,093. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.85 and a quick ratio of 0.85. The firm's fifty day moving average price is $14.45 and its 200 day moving average price is $14.84. Alpine Income Property Trust has a twelve month low of $13.10 and a twelve month high of $18.57. The company has a market cap of $196.92 million, a PE ratio of -278.14, a PEG ratio of 1.30 and a beta of 0.67.

Alpine Income Property Trust (NYSE:PINE - Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.03. Alpine Income Property Trust had a negative net margin of 1.24% and a negative return on equity of 0.26%. Alpine Income Property Trust has set its FY 2025 guidance at 1.820-1.850 EPS. Analysts forecast that Alpine Income Property Trust will post 1.74 earnings per share for the current year.

Alpine Income Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 11th were paid a dividend of $0.285 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend was Thursday, September 11th. Alpine Income Property Trust's payout ratio is -2,280.00%.

Insider Transactions at Alpine Income Property Trust

In other news, CEO John P. Albright acquired 3,500 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The stock was purchased at an average price of $14.20 per share, for a total transaction of $49,700.00. Following the completion of the acquisition, the chief executive officer owned 11,444 shares in the company, valued at $162,504.80. This trade represents a 44.06% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.46% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its stake in Alpine Income Property Trust by 5.8% in the second quarter. Geode Capital Management LLC now owns 327,734 shares of the company's stock valued at $4,822,000 after acquiring an additional 17,947 shares during the last quarter. Qube Research & Technologies Ltd grew its stake in Alpine Income Property Trust by 43.4% during the second quarter. Qube Research & Technologies Ltd now owns 39,848 shares of the company's stock worth $586,000 after buying an additional 12,063 shares in the last quarter. Gamco Investors INC. ET AL acquired a new stake in shares of Alpine Income Property Trust in the 2nd quarter valued at approximately $467,000. Rhumbline Advisers boosted its stake in shares of Alpine Income Property Trust by 36.5% in the 2nd quarter. Rhumbline Advisers now owns 28,181 shares of the company's stock valued at $415,000 after purchasing an additional 7,529 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of Alpine Income Property Trust by 42.3% in the 2nd quarter. Hsbc Holdings PLC now owns 27,866 shares of the company's stock valued at $412,000 after purchasing an additional 8,278 shares in the last quarter. Institutional investors and hedge funds own 60.50% of the company's stock.

Alpine Income Property Trust Company Profile

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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