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

Alpine Income Property Trust logo
$17.89 -0.09 (-0.50%)
(As of 11/29/2024 ET)

About Alpine Income Property Trust Stock (NYSE:PINE)

Key Stats

Today's Range
$17.64
$18.05
50-Day Range
$17.22
$18.41
52-Week Range
$14.32
$19.42
Volume
122,560 shs
Average Volume
81,352 shs
Market Capitalization
$255.29 million
P/E Ratio
81.32
Dividend Yield
6.26%
Price Target
$19.25
Consensus Rating
Moderate Buy

Company Overview

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.

Alpine Income Property Trust Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
69th Percentile Overall Score

PINE MarketRank™: 

Alpine Income Property Trust scored higher than 69% of companies evaluated by MarketBeat, and ranked 462nd out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Alpine Income Property Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Alpine Income Property Trust has only been the subject of 4 research reports in the past 90 days.

  • Read more about Alpine Income Property Trust's stock forecast and price target.
  • Earnings Growth

    Earnings for Alpine Income Property Trust are expected to grow by 2.92% in the coming year, from $1.71 to $1.76 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Alpine Income Property Trust is 81.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Alpine Income Property Trust is 81.32, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 29.08.

  • Price to Earnings Growth Ratio

    Alpine Income Property Trust has a PEG Ratio of 1.74. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Alpine Income Property Trust has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Alpine Income Property Trust's valuation and earnings.
  • Percentage of Shares Shorted

    0.65% of the outstanding shares of Alpine Income Property Trust have been sold short.
  • Short Interest Ratio / Days to Cover

    Alpine Income Property Trust has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Alpine Income Property Trust has recently decreased by 9.57%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Alpine Income Property Trust is a leading dividend payer. It pays a dividend yield of 6.26%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Alpine Income Property Trust does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Alpine Income Property Trust is 509.11%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Alpine Income Property Trust will have a dividend payout ratio of 63.64% next year. This indicates that Alpine Income Property Trust will be able to sustain or increase its dividend.

  • Read more about Alpine Income Property Trust's dividend.
  • Percentage of Shares Shorted

    0.65% of the outstanding shares of Alpine Income Property Trust have been sold short.
  • Short Interest Ratio / Days to Cover

    Alpine Income Property Trust has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Alpine Income Property Trust has recently decreased by 9.57%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Alpine Income Property Trust has a news sentiment score of 1.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Alpine Income Property Trust this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    2 people have added Alpine Income Property Trust to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Alpine Income Property Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $62,975.00 in company stock.

  • Percentage Held by Insiders

    Only 0.74% of the stock of Alpine Income Property Trust is held by insiders.

  • Percentage Held by Institutions

    60.50% of the stock of Alpine Income Property Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Alpine Income Property Trust's insider trading history.
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PINE Stock News Headlines

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Alpine Income Property Trust Announces Board Changes
See More Headlines

PINE Stock Analysis - Frequently Asked Questions

Alpine Income Property Trust's stock was trading at $16.91 at the start of the year. Since then, PINE shares have increased by 5.8% and is now trading at $17.89.
View the best growth stocks for 2024 here
.

Alpine Income Property Trust, Inc. (NYSE:PINE) posted its earnings results on Thursday, October, 17th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.19. The business earned $13.48 million during the quarter, compared to analysts' expectations of $12.08 million. Alpine Income Property Trust had a net margin of 6.72% and a trailing twelve-month return on equity of 1.23%.

Alpine Income Property Trust (PINE) raised $150 million in an 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 acted as the underwriters for the IPO and Janney Montgomery Scott and D.A. Davidson were co-managers.

Top institutional shareholders of Alpine Income Property Trust include Sound Income Strategies LLC (5.84%), Franklin Resources Inc. (2.72%), Geode Capital Management LLC (2.21%) and State Street Corp (1.91%). Insiders that own company stock include Cto Realty Growth, Inc, Mark Okey Decker Jr, Andrew C Richardson, Wein Rachel Elias, John P Albright and Daniel Earl Smith.
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.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Alpine Income Property Trust investors own include Cleveland-Cliffs (CLF), Energy Transfer (ET), Medical Properties Trust (MPW), Pfizer (PFE), Enterprise Products Partners (EPD), VICI Properties (VICI) and Realty Income (O).

Company Calendar

Ex-Dividend for 9/30 Dividend
9/12/2024
Dividend Payable
9/30/2024
Last Earnings
10/17/2024
Today
11/30/2024
Ex-Dividend for 12/31 Dividend
12/12/2024
Dividend Payable
12/31/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/13/2025

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$19.25
High Stock Price Target
$21.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+7.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$2.92 million
Pretax Margin
7.32%

Debt

Sales & Book Value

Annual Sales
$45.64 million
Cash Flow
$2.10 per share
Book Value
$19.05 per share

Miscellaneous

Free Float
14,167,000
Market Cap
$255.29 million
Optionable
Optionable
Beta
0.80
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This page (NYSE:PINE) was last updated on 12/1/2024 by MarketBeat.com Staff
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