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

5 Wall Street equities research 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 equities research analysts is that investors should "buy" PINE shares.
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5 Wall Street analysts have issued twelve-month target prices for Alpine Income Property Trust's shares. Their PINE share price targets range from $17.00 to $23.00. On average, they predict the company's stock price to reach $19.15 in the next year. This suggests a possible upside of 28.8% from the stock's current price.
View analysts price targets for PINE or view top-rated stocks among Wall Street analysts.

Alpine Income Property Trust's stock was trading at $16.91 at the beginning of the year. Since then, PINE shares have decreased by 12.1% and is now trading at $14.87.
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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 trading volume of 52,200 shares, the days-to-cover ratio is currently 3.4 days.
View Alpine Income Property Trust's Short Interest.

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

Alpine Income Property Trust, Inc. (NYSE:PINE) announced its earnings results on Thursday, July, 21st. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.64. Alpine Income Property Trust had a net margin of 6.38% and a trailing twelve-month return on equity of 0.99%. During the same quarter in the previous year, the firm posted $0.38 earnings per share.

Alpine Income Property Trust declared a quarterly dividend on Tuesday, February 20th. Shareholders 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 7.40%. The ex-dividend date of this dividend is Wednesday, March 13th.
Read our dividend analysis for PINE.

Alpine Income Property Trust (NYSE:PINE) pays an annual dividend of $1.10 per share and currently has a dividend yield of 7.54%. PINE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 578.98%. 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 67.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PINE.

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).

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

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

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.

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.
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