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S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire

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

$16.50
-0.30 (-1.79%)
(As of 09/21/2023 ET)
Compare
Today's Range
$16.49
$16.94
50-Day Range
$16.33
$17.61
52-Week Range
$15.03
$20.79
Volume
63,017 shs
Average Volume
58,393 shs
Market Capitalization
$231.83 million
P/E Ratio
12.89
Dividend Yield
6.67%
Price Target
$20.50

Alpine Income Property Trust MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
24.2% Upside
$20.50 Price Target
Short Interest
Healthy
2.52% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.75mentions of Alpine Income Property Trust in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.21%
From $1.52 to $1.66 Per Share

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 stars

Finance Sector

123rd out of 856 stocks

Real Estate Investment Trusts Industry

19th out of 182 stocks


PINE stock logo

About Alpine Income Property Trust (NYSE:PINE) Stock

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 commercial income properties that are predominately leased to high-quality publicly traded and credit-rated tenants.

PINE Price History

PINE Stock News Headlines

The "Plug and Play" Model Putting Online Giants to Shame
While 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."
The "Plug and Play" Model Putting Online Giants to Shame
While 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."
Alpine earnings preview: what Wall Street is expecting
See 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.

PINE Company Calendar

Last Earnings
7/21/2022
Ex-Dividend for 6/30 Dividend
6/07/2023
Dividend Payable
6/30/2023
Ex-Dividend for 9/29 Dividend
9/13/2023
Today
9/22/2023
Dividend Payable
9/29/2023
Next Earnings (Estimated)
10/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$29.72 million
Pretax Margin
44.90%

Debt

Sales & Book Value

Annual Sales
$45.20 million
Cash Flow
$4.35 per share
Book Value
$24.79 per share

Miscellaneous

Free Float
13,973,000
Market Cap
$231.83 million
Optionable
Not Optionable
Beta
0.80
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Key Executives

  • Mr. 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. Vorakoun
    VP & Controller













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

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