B. Riley Issues Pessimistic Forecast for PINE Earnings

Key Points

• Analysts at B. Riley have lowered their Q3 2025 earnings per share estimate for Alpine Income Property Trust to $0.43 from $0.44, amidst a generally pessimistic outlook.
• The company recently announced a quarterly dividend of $0.285, which translates to an annualized dividend of $1.14 and a yield of 7.4%.
• Despite rating adjustments from other analysts, 60.50% of the stock is currently owned by institutional investors and hedge funds, indicating significant institutional interest.

Alpine Income Property Trust, Inc. (NYSE:PINE - Free Report) - Equities research analysts at B. Riley cut their Q3 2025 earnings per share (EPS) estimates for Alpine Income Property Trust in a note issued to investors on Thursday, September 4th. B. Riley analyst J. Massocca now anticipates that the company will earn $0.43 per share for the quarter, down from their previous estimate of $0.44. The consensus estimate for Alpine Income Property Trust's current full-year earnings is $1.74 per share. B. Riley also issued estimates for Alpine Income Property Trust's FY2025 earnings at $1.76 EPS and FY2026 earnings at $1.77 EPS.

PINE has been the topic of several other research reports. 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 report on Wednesday, July 16th. 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 report on Friday, July 25th. Alliance Global Partners reaffirmed a "buy" rating on shares of Alpine Income Property Trust in a report on Friday, July 25th. Finally, 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 report on Friday, July 25th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $18.42.

Alpine Income Property Trust Price Performance

Shares of NYSE PINE traded down $0.14 during trading on Monday, hitting $14.91. The company had a trading volume of 28,811 shares, compared to its average volume of 82,703. The company has a market cap of $211.05 million, a P/E ratio of -298.10, a PEG ratio of 1.44 and a beta of 0.64. Alpine Income Property Trust has a 52 week low of $13.95 and a 52 week high of $18.79. The business's 50-day moving average is $14.69 and its 200 day moving average is $15.34. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.85 and a current ratio of 0.85.

Hedge Funds Weigh In On Alpine Income Property Trust

A number of hedge funds have recently modified their holdings of PINE. Barclays PLC increased its stake in shares of Alpine Income Property Trust by 22.9% in the fourth quarter. Barclays PLC now owns 20,173 shares of the company's stock worth $339,000 after acquiring an additional 3,762 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Alpine Income Property Trust by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 133,173 shares of the company's stock worth $2,236,000 after acquiring an additional 3,917 shares during the last quarter. Stifel Financial Corp acquired a new position in shares of Alpine Income Property Trust in the fourth quarter worth $206,000. Hsbc Holdings PLC acquired a new position in shares of Alpine Income Property Trust in the fourth quarter worth $177,000. Finally, Ameriprise Financial Inc. increased its stake in shares of Alpine Income Property Trust by 28.8% in the fourth quarter. Ameriprise Financial Inc. now owns 13,810 shares of the company's stock worth $232,000 after acquiring an additional 3,088 shares during the last quarter. 60.50% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Alpine Income Property Trust

In related news, CEO John P. Albright purchased 3,500 shares of the company's stock in a transaction dated Wednesday, August 6th. The shares were acquired at an average cost of $14.20 per share, with a total value of $49,700.00. Following the completion of the purchase, the chief executive officer owned 11,444 shares of the company's stock, valued at $162,504.80. The trade was a 44.06% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.46% of the company's stock.

Alpine Income Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Thursday, September 11th will be paid a $0.285 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.6%. Alpine Income Property Trust's dividend payout ratio is -2,280.00%.

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.