B. Riley Brokers Decrease Earnings Estimates for PINE

Alpine Income Property Trust, Inc. (NYSE:PINE) – Equities researchers at B. Riley decreased their Q1 2025 earnings estimates for shares of Alpine Income Property Trust in a research report issued to clients and investors on Tuesday, February 11th. B. Riley analyst J. Massocca now anticipates that the company will earn $0.44 per share for the quarter, down from their previous forecast of $0.45. The consensus estimate for Alpine Income Property Trust’s current full-year earnings is $1.78 per share. B. Riley also issued estimates for Alpine Income Property Trust’s Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.43 EPS, Q4 2025 earnings at $0.43 EPS, FY2025 earnings at $1.74 EPS and FY2026 earnings at $1.65 EPS.

Several other analysts have also recently weighed in on PINE. Alliance Global Partners upped their price objective on shares of Alpine Income Property Trust from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, October 18th. Robert W. Baird boosted their price objective on shares of Alpine Income Property Trust from $18.00 to $19.00 and gave the company an “outperform” rating in a report on Monday, October 21st. Finally, Stifel Nicolaus raised their price target on Alpine Income Property Trust from $19.75 to $20.25 and gave the stock a “buy” rating in a research report on Monday, October 21st. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $19.25.

Alpine Income Property Trust Stock Performance

NYSE PINE opened at $16.49 on Thursday. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 1.03. The company’s 50-day simple moving average is $16.78 and its 200 day simple moving average is $17.49. Alpine Income Property Trust has a twelve month low of $14.32 and a twelve month high of $19.42. The stock has a market cap of $235.31 million, a P/E ratio of 117.79, a PEG ratio of 1.61 and a beta of 0.80.

Alpine Income Property Trust (NYSE:PINE) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.40. Alpine Income Property Trust had a return on equity of 0.76% and a net margin of 3.96%.

Alpine Income Property Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 13th will be issued a $0.285 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $1.14 dividend on an annualized basis and a yield of 6.91%. This is an increase from Alpine Income Property Trust’s previous quarterly dividend of $0.28. Alpine Income Property Trust’s payout ratio is currently 800.00%.

Insider Buying and Selling

In other news, Director Wein Rachel Elias sold 2,000 shares of Alpine Income Property Trust stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $18.00, for a total transaction of $36,000.00. Following the sale, the director now directly owns 9,492 shares of the company’s stock, valued at approximately $170,856. This trade represents a 17.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.74% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Alpine Income Property Trust

Several hedge funds have recently added to or reduced their stakes in PINE. Public Employees Retirement System of Ohio bought a new position in shares of Alpine Income Property Trust during the third quarter valued at $64,000. PNC Financial Services Group Inc. increased its holdings in Alpine Income Property Trust by 25.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,282 shares of the company’s stock valued at $72,000 after purchasing an additional 867 shares during the period. Resona Asset Management Co. Ltd. bought a new position in Alpine Income Property Trust during the 4th quarter worth $75,000. JPMorgan Chase & Co. lifted its holdings in Alpine Income Property Trust by 26.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,068 shares of the company’s stock worth $129,000 after buying an additional 1,483 shares during the period. Finally, Truvestments Capital LLC bought a new stake in shares of Alpine Income Property Trust in the 3rd quarter valued at about $143,000. 60.50% of the stock is currently owned by institutional investors and hedge funds.

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.