Alpine Income Property Trust (PINE) to Release Earnings on Thursday

Alpine Income Property Trust (NYSE:PINE) is expected to release its Q1 2025 earnings data after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $13.93 million for the quarter. Alpine Income Property Trust has set its FY 2025 guidance at 1.700-1.730 EPS.

Alpine Income Property Trust (NYSE:PINE) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.40. Alpine Income Property Trust had a net margin of 3.96% and a return on equity of 0.76%. On average, analysts expect Alpine Income Property Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Alpine Income Property Trust Trading Down 0.1 %

Shares of PINE stock opened at $16.46 on Tuesday. The stock has a market capitalization of $238.27 million, a price-to-earnings ratio of 117.57, a PEG ratio of 1.58 and a beta of 0.57. The company’s fifty day simple moving average is $16.29 and its two-hundred day simple moving average is $16.92. Alpine Income Property Trust has a 1 year low of $14.51 and a 1 year high of $19.42. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.94 and a quick ratio of 0.94.

Alpine Income Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 13th were issued a dividend of $0.285 per share. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $1.14 dividend on an annualized basis and a yield of 6.93%. Alpine Income Property Trust’s dividend payout ratio is 814.29%.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus decreased their target price on shares of Alpine Income Property Trust from $19.50 to $19.25 and set a “buy” rating on the stock in a report on Thursday, April 3rd. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $19.28.

Insider Buying and Selling

In other Alpine Income Property Trust news, Director Andrew C. Richardson sold 2,000 shares of Alpine Income Property Trust stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $16.64, for a total value of $33,280.00. Following the completion of the transaction, the director now directly owns 17,143 shares of the company’s stock, valued at approximately $285,259.52. The trade was a 10.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.74% of the stock is currently owned by insiders.

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.