Top-Rated Dividend StocksTop-Rated DividendPositive News SentimentPositive NewsNYSE:PINE Alpine Income Property Trust (PINE) Stock Forecast, Price & News $16.50 -0.30 (-1.79%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$16.49▼$16.9450-Day Range$16.33▼$17.6152-Week Range$15.03▼$20.79Volume63,017 shsAverage Volume58,393 shsMarket Capitalization$231.83 millionP/E Ratio12.89Dividend Yield6.67%Price Target$20.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Alpine Income Property Trust MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside24.2% Upside$20.50 Price TargetShort InterestHealthy2.52% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.75Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth9.21%From $1.52 to $1.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.91 out of 5 starsFinance Sector123rd out of 856 stocksReal Estate Investment Trusts Industry19th out of 182 stocks 2.5 Analyst's Opinion Consensus RatingAlpine Income Property Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.50, Alpine Income Property Trust has a forecasted upside of 24.2% from its current price of $16.50.Amount of Analyst CoverageAlpine Income Property Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.52% of the outstanding shares of Alpine Income Property Trust have been sold short.Short Interest Ratio / Days to CoverAlpine Income Property Trust has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alpine Income Property Trust has recently decreased by 2.96%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipAlpine Income Property Trust is a leading dividend payer. It pays a dividend yield of 6.55%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlpine Income Property Trust has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Alpine Income Property Trust is 85.94%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Alpine Income Property Trust will have a dividend payout ratio of 66.27% next year. This indicates that Alpine Income Property Trust will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PINE. Previous Next 4.3 News and Social Media Coverage News SentimentAlpine Income Property Trust has a news sentiment score of 1.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Alpine Income Property Trust this week, compared to 2 articles on an average week.Search Interest6 people have searched for PINE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows6 people have added Alpine Income Property Trust to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alpine Income Property Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.55% of the stock of Alpine Income Property Trust is held by insiders.Percentage Held by Institutions79.39% of the stock of Alpine Income Property Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Alpine Income Property Trust are expected to grow by 9.21% in the coming year, from $1.52 to $1.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alpine Income Property Trust is 12.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Alpine Income Property Trust is 12.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 84.80.Price to Earnings Growth RatioAlpine Income Property Trust has a PEG Ratio of 1.84. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlpine Income Property Trust has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alpine Income Property Trust (NYSE:PINE) StockAlpine 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 commercial income properties that are predominately leased to high-quality publicly traded and credit-rated tenants.Read More PINE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PINE Stock News HeadlinesSeptember 21, 2023 | americanbankingnews.comAlpine Income Property Trust, Inc. (NYSE:PINE) Receives Consensus Recommendation of "Buy" from BrokeragesSeptember 20, 2023 | americanbankingnews.comReviewing Alpine Income Property Trust (NYSE:PINE) and Kite Realty Group Trust (NYSE:KRG)September 22, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."September 13, 2023 | finance.yahoo.comAlpine Income Property Trust Inc (PINE): A Deep Dive Into Its Dividend PerformanceSeptember 11, 2023 | finance.yahoo.comDo Fundamentals Have Any Role To Play In Driving Alpine Income Property Trust, Inc.'s (NYSE:PINE) Stock Up Recently?September 1, 2023 | msn.comAlpine Income Property Trust: Get An Undervalued Quality REIT With A 6.3% YieldAugust 23, 2023 | finance.yahoo.comAlpine Income Property Trust Declares Dividend For the Third Quarter 2023August 16, 2023 | msn.comAlpine Income Property: Buying The Dip On This REITSeptember 22, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."July 22, 2023 | finance.yahoo.comQ2 2023 Alpine Income Property Trust Inc Earnings CallJuly 20, 2023 | seekingalpha.comAlpine Income Property trims top end of year AFFO guide, still above consensusJuly 20, 2023 | markets.businessinsider.comColliers Securities Reaffirms Their Buy Rating on Alpine Income Property Trust Inc (PINE)July 20, 2023 | finance.yahoo.comAlpine Income Property Trust Reports Second Quarter 2023 Operating ResultsJuly 19, 2023 | markets.businessinsider.comAlpine earnings preview: what Wall Street is expectingJuly 14, 2023 | finance.yahoo.comAlpine Income Property Trust (NYSE:PINE) shareholders have earned a 9.9% CAGR over the last three yearsJune 29, 2023 | finance.yahoo.comAlpine Income Property Trust Announces Second Quarter 2023 Earnings Release and Conference Call InformationJune 29, 2023 | finance.yahoo.comCTO Realty Growth Announces Second Quarter 2023 Earnings Release and Conference Call InformationJune 14, 2023 | markets.businessinsider.comRaymond James Sticks to Its Buy Rating for Alpine Income Property Trust Inc (PINE)June 7, 2023 | msn.comJonesTrading Reiterates Alpine Income Property Trust (PINE) Prior RecommendationJune 4, 2023 | finance.yahoo.comPresident of Alpine Income Property Trust John Albright Buys 145% More SharesJune 4, 2023 | finance.yahoo.comPresident of Alpine Income Property Trust John Albright Buys 145% More Shares \May 23, 2023 | msn.comAlpine Income Property Trust (PINE) Declares $0.28 DividendMay 22, 2023 | benzinga.comAlpine Income Property Trust Declares Dividend For the Second Quarter 2023May 22, 2023 | finance.yahoo.comCTO Realty Growth Declares Dividends For the Second Quarter 2023May 22, 2023 | finance.yahoo.comAlpine Income Property Trust Declares Dividend For the Second Quarter 2023May 19, 2023 | finance.yahoo.comDoes Alpine Income Property Trust (NYSE:PINE) Deserve A Spot On Your Watchlist?April 22, 2023 | finance.yahoo.comAlpine Income Property Trust First Quarter 2023 Earnings: EPS Beats Expectations, Revenues LagSee More Headlines Receive PINE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alpine Income Property Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address PINE Company Calendar Last Earnings7/21/2022Ex-Dividend for 6/30 Dividend6/07/2023Dividend Payable6/30/2023Ex-Dividend for 9/29 Dividend9/13/2023Today9/22/2023Dividend Payable9/29/2023Next Earnings (Estimated)10/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:PINE CUSIPN/A CIK1786117 Webwww.alpinereit.com Phone407-904-3324FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$20.50 High Stock Price Forecast$23.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+24.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.28 Trailing P/E Ratio12.89 Forward P/E Ratio10.86 P/E Growth1.86Net Income$29.72 million Net Margins39.47% Pretax Margin44.90% Return on Equity6.16% Return on Assets3.18% Debt Debt-to-Equity Ratio0.82 Current Ratio4.25 Quick Ratio4.25 Sales & Book Value Annual Sales$45.20 million Price / Sales5.13 Cash Flow$4.35 per share Price / Cash Flow3.79 Book Value$24.79 per share Price / Book0.67Miscellaneous Outstanding Shares14,050,000Free Float13,973,000Market Cap$231.83 million OptionableNot Optionable Beta0.80 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. John P. Albright (Age 57)Pres, CEO & Director Mr. Matthew Morris Partridge (Age 39)Sr. VP, CFO & Treasurer Mr. Steven Robert Greathouse (Age 45)Sr. VP & Chief Investment Officer Mr. Daniel E. Smith Esq. (Age 57)Sr. VP, Gen. Counsel & Corp. Sec. Ms. Lisa M. VorakounVP & ControllerKey CompetitorsIndustrial Logistics Properties TrustNASDAQ:ILPTGranite Point Mortgage TrustNYSE:GPMTFranklin Street PropertiesNYSE:FSPNexPoint Real Estate FinanceNYSE:NREFChicago Atlantic Real Estate FinanceNASDAQ:REFIView All CompetitorsInsiders & InstitutionsBarclays PLCSold 7,774 shares on 9/21/2023Ownership: 0.026%Tucker Asset Management LLCBought 2,414 shares on 9/8/2023Ownership: 0.032%Osaic Holdings Inc.Sold 1,732 shares on 8/21/2023Ownership: 0.101%California State Teachers Retirement SystemBought 4,334 shares on 8/21/2023Ownership: 0.031%Nuveen Asset Management LLCBought 43,965 shares on 8/16/2023Ownership: 0.313%View All Insider TransactionsView All Institutional Transactions PINE Stock - 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 year. 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 forecast for 2023? 5 Wall Street analysts have issued 12 month price targets for Alpine Income Property Trust's stock. Their PINE share price forecasts range from $17.00 to $23.00. On average, they anticipate the company's share price to reach $20.50 in the next twelve months. This suggests a possible upside of 24.2% 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 2023? Alpine Income Property Trust's stock was trading at $19.08 at the beginning of 2023. Since then, PINE shares have decreased by 13.5% and is now trading at $16.50. View the best growth stocks for 2023 here. When is Alpine Income Property Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023. View our PINE earnings forecast. How were Alpine Income Property Trust's earnings last quarter? Alpine Income Property Trust, Inc. (NYSE:PINE) released its quarterly earnings data on Thursday, July, 21st. The company reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.64. Alpine Income Property Trust had a net margin of 39.47% and a trailing twelve-month return on equity of 6.16%. During the same quarter in the previous year, the company posted $0.38 earnings per share. 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 Wednesday, August 23rd. Investors of record on Thursday, September 14th will be paid a dividend of $0.275 per share on Friday, September 29th. This represents a $1.10 annualized dividend and a yield of 6.67%. The ex-dividend date is Wednesday, September 13th. 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). 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 6.46%. PINE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 85.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PINE will have a dividend payout ratio of 66.27% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PINE. What guidance has Alpine Income Property Trust issued on next quarter's earnings? Alpine Income Property Trust updated its FY 2023 earnings guidance on Thursday, July, 20th. The company provided EPS guidance of $1.52-$1.55 for the period, compared to the consensus earnings per share estimate of $1.51. The company issued revenue guidance of -. When did Alpine Income Property Trust IPO? (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 served as the underwriters for the IPO and Janney Montgomery Scott and D.A. Davidson were co-managers. What is Alpine Income Property Trust's stock symbol? Alpine Income Property Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PINE." 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 BlackRock Inc. (5.91%), Russell Investments Group Ltd. (4.00%), Sound Income Strategies LLC (3.52%), Geode Capital Management LLC (2.05%), Franklin Resources Inc. (1.56%) and Deroy & Devereaux Private Investment Counsel Inc. (1.49%). Insiders that own company stock include Cto Realty Growth, Inc, Daniel Earl Smith, John P Albright, Mark Okey Decker Jr and Matthew Morris Partridge. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Alpine Income Property Trust's stock price today? One share of PINE stock can currently be purchased for approximately $16.50. How much money does Alpine Income Property Trust make? Alpine Income Property Trust (NYSE:PINE) has a market capitalization of $231.83 million and generates $45.20 million in revenue each year. The company earns $29.72 million in net income (profit) each year or $1.28 on an earnings per share basis. How can I contact Alpine Income Property Trust? Alpine Income Property Trust's mailing address is 1140 N. WILLIAMSON BOULEVARD SUITE 140, DAYTONA BEACH FL, 32114. The official website for the company is www.alpinereit.com. The company can be reached via phone at 407-904-3324 or via email at mpartridge@alpinereit.com. This page (NYSE:PINE) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Alpine Income Property Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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