Alpine Income Property Trust (PINE) Stock Price, News & Analysis

$15.29
+0.42 (+2.82%)
(As of 04/22/2024 ET)
Today's Range
$14.87
$15.39
50-Day Range
$14.58
$16.04
52-Week Range
$14.25
$17.72
Volume
76,099 shs
Average Volume
56,660 shs
Market Capitalization
$208.25 million
P/E Ratio
N/A
Dividend Yield
7.19%
Price Target
$18.35

Alpine Income Property Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
20.0% Upside
$18.35 Price Target
Short Interest
Healthy
1.32% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.38mentions of Alpine Income Property Trust in the last 14 days
Based on 29 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.85%
From $1.56 to $1.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.31 out of 5 stars

Finance Sector

440th out of 842 stocks

Real Estate Investment Trusts Industry

94th out of 176 stocks

PINE stock logo

About Alpine Income Property Trust Stock (NYSE:PINE)

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.

PINE Stock Price History

PINE Stock News Headlines

Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
Alpine Income Property Trust (NYSE:PINE) PT Lowered to $18.75
Alpine Income Property Trust (NYSE:PINE) PT Lowered to $18.00
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
Q1 2024 Alpine Income Property Trust Inc Earnings Call
Alpine Income: Q1 Earnings Snapshot
Notable earnings after Thursday's close
Alpine earnings preview: what to expect
Alpine Income Property Trust, Inc. (PINE)
PINE Apr 2024 15.000 put
Alpine Income Property Trust Announces Chief Financial Officer Transition
See More Headlines
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Company Calendar

Last Earnings
7/21/2022
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Today
4/22/2024
Next Earnings (Estimated)
7/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.35
High Stock Price Target
$19.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+19.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$2.92 million
Pretax Margin
-1.62%

Debt

Sales & Book Value

Annual Sales
$45.64 million
Cash Flow
$2.17 per share
Book Value
$20.12 per share

Miscellaneous

Free Float
13,548,000
Market Cap
$208.25 million
Optionable
Optionable
Beta
0.80
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PINE Stock Analysis - Frequently Asked Questions

Should I buy or sell Alpine Income Property Trust stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alpine Income Property Trust in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PINE shares.
View PINE analyst ratings
or view top-rated stocks.

What is Alpine Income Property Trust's stock price target for 2024?

5 Wall Street research analysts have issued 12-month target prices for Alpine Income Property Trust's stock. Their PINE share price targets range from $17.00 to $19.00. On average, they predict the company's stock price to reach $18.35 in the next year. This suggests a possible upside of 20.0% from the stock's current price.
View analysts price targets for PINE
or view top-rated stocks among Wall Street analysts.

How have PINE shares performed in 2024?

Alpine Income Property Trust's stock was trading at $16.91 at the beginning of the year. Since then, PINE stock has decreased by 9.6% and is now trading at $15.29.
View the best growth stocks for 2024 here
.

Are investors shorting Alpine Income Property Trust?

Alpine Income Property Trust saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 179,600 shares, a drop of 33.1% from the March 15th total of 268,600 shares. Based on an average daily trading volume, of 52,200 shares, the short-interest ratio is presently 3.4 days.
View Alpine Income Property Trust's Short Interest
.

When is Alpine Income Property Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our PINE earnings forecast
.

How were Alpine Income Property Trust's earnings last quarter?

Alpine Income Property Trust, Inc. (NYSE:PINE) posted its quarterly earnings results on Thursday, July, 21st. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.41 by $0.64. Alpine Income Property Trust had a negative net margin of 1.45% and a negative trailing twelve-month return on equity of 0.24%. During the same period in the previous year, the firm earned $0.38 EPS.

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 Tuesday, February 20th. Investors of record on Thursday, March 14th will be given a dividend of $0.275 per share on Thursday, March 28th. This represents a $1.10 dividend on an annualized basis and a yield of 7.19%. The ex-dividend date is Wednesday, March 13th.
Read our dividend analysis for PINE
.

Is Alpine Income Property Trust a good dividend stock?

Alpine Income Property Trust (NYSE:PINE) pays an annual dividend of $1.10 per share and currently has a dividend yield of 7.40%. PINE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PINE.

What ETFs hold Alpine Income Property Trust's stock?

ETFs with the largest weight of Alpine Income Property Trust (NYSE:PINE) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL) and Sound Enhanced Fixed Income ETF (FXED).Sound Enhanced Fixed Income ETF (SDEF).

What guidance has Alpine Income Property Trust issued on next quarter's earnings?

Alpine Income Property Trust updated its FY 2024 earnings guidance on Thursday, April, 18th. The company provided EPS guidance of 1.530-1.580 for the period, compared to the consensus EPS estimate of 1.540. The company issued revenue guidance of -.

When did Alpine Income Property Trust IPO?

Alpine Income Property Trust (PINE) raised $150 million in an initial public offering 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.

Who are Alpine Income Property Trust's major shareholders?

Alpine Income Property Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sound Income Strategies LLC (4.80%). Insiders that own company stock include Cto Realty Growth, Inc, Daniel Earl Smith, John P Albright and Mark Okey Decker Jr.
View institutional ownership trends
.

How do I buy shares of Alpine Income Property Trust?

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

This page (NYSE:PINE) was last updated on 4/23/2024 by MarketBeat.com Staff

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