Alpine Income Property Trust, Inc. (NYSE:PINE – Free Report) – Investment analysts at B. Riley decreased their Q1 2025 earnings per share estimates for shares of Alpine Income Property Trust in a research report issued on Tuesday, February 11th. B. Riley analyst J. Massocca now forecasts that the company will post earnings per share of $0.44 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.
Alpine Income Property Trust (NYSE:PINE – Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates 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%.
Check Out Our Latest Stock Report on PINE
Alpine Income Property Trust Stock Performance
Shares of PINE stock opened at $16.49 on Thursday. Alpine Income Property Trust has a 12 month low of $14.32 and a 12 month high of $19.42. The firm has a market capitalization of $235.31 million, a PE ratio of 117.79, a price-to-earnings-growth ratio of 1.61 and a beta of 0.80. The firm has a fifty day simple moving average of $16.78 and a two-hundred day simple moving average of $17.49. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 1.03.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN lifted its stake in Alpine Income Property Trust by 137.1% in the fourth quarter. Wells Fargo & Company MN now owns 13,627 shares of the company’s stock valued at $229,000 after purchasing an additional 7,879 shares during the last quarter. Resona Asset Management Co. Ltd. purchased a new position in shares of Alpine Income Property Trust during the 4th quarter valued at $75,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Alpine Income Property Trust by 15.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 198,906 shares of the company’s stock worth $3,340,000 after acquiring an additional 26,305 shares during the period. Pacific Ridge Capital Partners LLC increased its holdings in Alpine Income Property Trust by 6.6% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 297,221 shares of the company’s stock worth $4,990,000 after acquiring an additional 18,293 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Alpine Income Property Trust by 618.4% in the 4th quarter. JPMorgan Chase & Co. now owns 50,780 shares of the company’s stock valued at $853,000 after acquiring an additional 43,712 shares during the period. 60.50% of the stock is owned by institutional investors.
Insider Buying and Selling
In related news, Director Wein Rachel Elias sold 2,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $18.00, for a total transaction of $36,000.00. Following the completion of the sale, the director now owns 9,492 shares in the company, valued at approximately $170,856. This trade represents a 17.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.74% of the stock is currently owned by corporate insiders.
Alpine Income Property Trust Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 13th will be given a dividend of $0.285 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.91%. This is an increase from Alpine Income Property Trust’s previous quarterly dividend of $0.28. The ex-dividend date is Thursday, March 13th. Alpine Income Property Trust’s dividend payout ratio (DPR) is presently 800.00%.
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.
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