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NASDAQ:PINE - Alpine Income Property Trust Stock Price, Forecast & News

$19.10
+0.01 (+0.05 %)
(As of 01/24/2020 06:00 AM ET)
Today's Range
$19.00
Now: $19.10
$19.15
50-Day Range N/A
52-Week Range
$18.30
Now: $19.10
$19.33
Volume27,013 shs
Average Volume56,141 shs
Market Capitalization$174.31 million
P/E RatioN/A
Dividend Yield1.20%
BetaN/A
Alpine Income Property Trust, Inc. is a newly organized real estate company that owns and operates a portfolio of high-quality single-tenant net lease commercial properties, all of which are leased on a long-term basis and located primarily in or in close proximity to major metropolitan statistical areas. The Company's initial portfolio consists of 20 assets, occupied by 16 tenants in 13 industries across 15 markets and 10 states. PINE intends to elect to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes.

Industry, Sector and Symbol

Industry REIT—Diversified
Sub-IndustryN/A
SectorReal Estate
Current SymbolNASDAQ:PINE
CUSIPN/A
CIKN/A
Phone386 274 2202

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$174.31 million
Next Earnings DateN/A
OptionableNot Optionable

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Alpine Income Property Trust (NASDAQ:PINE) Frequently Asked Questions

What is Alpine Income Property Trust's stock symbol?

Alpine Income Property Trust trades on the NASDAQ under the ticker symbol "PINE."

How often does Alpine Income Property Trust pay dividends? What is the dividend yield for Alpine Income Property Trust?

Alpine Income Property Trust declared a quarterly dividend on Friday, December 6th. Stockholders of record on Friday, December 20th will be paid a dividend of $0.058 per share on Tuesday, December 31st. This represents a $0.23 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Thursday, December 19th. View Alpine Income Property Trust's Dividend History.

What price target have analysts set for PINE?

4 brokers have issued 1 year target prices for Alpine Income Property Trust's stock. Their forecasts range from $22.00 to $23.00. On average, they anticipate Alpine Income Property Trust's share price to reach $22.50 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price. View Analyst Price Targets for Alpine Income Property Trust.

What is the consensus analysts' recommendation for Alpine Income Property Trust?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alpine Income Property Trust in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alpine Income Property Trust.

Has Alpine Income Property Trust been receiving favorable news coverage?

News stories about PINE stock have trended very positive on Friday, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alpine Income Property Trust earned a daily sentiment score of 3.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Alpine Income Property Trust.

Who are some of Alpine Income Property Trust's key competitors?

What other stocks do shareholders of Alpine Income Property Trust own?

Who are Alpine Income Property Trust's key executives?

Alpine Income Property Trust's management team includes the folowing people:
  • Mr. John P. Albright, Pres, CEO & Director (Age 53)
  • Mr. Mark E. Patten, Sr. VP, CFO & Treasurer (Age 55)
  • Mr. Steven Robert Greathouse, Sr. VP of Investments (Age 41)
  • Mr. Daniel E. Smith, Sr. VP, Gen. Counsel & Corp. Sec. (Age 53)

When did Alpine Income Property Trust IPO?

(PINE) raised $150 million in an initial public offering (IPO) on Friday, November 22nd 2019. The company issued 7,500,000 shares at $19.00-$21.00 per share. Raymond James, Baird, B. Riley FBR and BMO Capital Markets acted as the underwriters for the IPO and Janney Montgomery Scott and D.A. Davidson were co-managers.

When did the company's quiet period expire?

Alpine Income Property Trust's quiet period expired on Wednesday, January 1st. Alpine Income Property Trust had issued 7,500,000 shares in its public offering on November 22nd. The total size of the offering was $142,500,000 based on an initial share price of $19.00. During the company's quiet period, underwriters and any insiders that worked on the IPO were restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

Who are Alpine Income Property Trust's major shareholders?

Alpine Income Property Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (2.99%) and Nisa Investment Advisors LLC (0.02%). View Institutional Ownership Trends for Alpine Income Property Trust.

Which major investors are buying Alpine Income Property Trust stock?

PINE stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC and Nisa Investment Advisors LLC. View Insider Buying and Selling for Alpine Income Property Trust.

How do I buy shares of Alpine Income Property Trust?

Shares of PINE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Alpine Income Property Trust's stock price today?

One share of PINE stock can currently be purchased for approximately $19.10.

How big of a company is Alpine Income Property Trust?

Alpine Income Property Trust has a market capitalization of $174.31 million. View Additional Information About Alpine Income Property Trust.

What is Alpine Income Property Trust's official website?

The official website for Alpine Income Property Trust is http://www.alpinereit.com/.

How can I contact Alpine Income Property Trust?

The company can be reached via phone at 386 274 2202.


MarketBeat Community Rating for Alpine Income Property Trust (NASDAQ PINE)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  10 (Vote Outperform)
Underperform Votes:  6 (Vote Underperform)
Total Votes:  16
MarketBeat's community ratings are surveys of what our community members think about Alpine Income Property Trust and other stocks. Vote "Outperform" if you believe PINE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PINE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/24/2020 by MarketBeat.com Staff

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