Alpine Income Property Trust, Inc. (PINE)

Market Cap	228.87M
Revenue (ttm)	48.10M
Net Income (ttm)	-558,000
Shares Out	13.62M
EPS (ttm)	-0.03
PE Ratio	n/a
Forward PE	91.74
Dividend	$1.10 (6.55%)
Ex-Dividend Date	Jun 13, 2024

Volume	24,292
Open	16.91
Previous Close	16.78
Day's Range	16.68 - 17.00
52-Week Range	14.25 - 17.72
Beta	0.82
Analysts	Strong Buy
Price Target	19.65 (+16.96%)
Earnings Date	Jul 18, 2024

About PINE

Alpine Income Property Trust, Inc. (the “Company” or “PINE”) is a real estate investment trust (“REIT”) that owns and operates a high-quality portfolio of commercial net lease properties. The terms “us,” “we,” “our,” and “the Company” as used in this report refer to Alpine Income Property Trust, Inc. The Company is a Maryland corporation that was formed on August 19, 2019. The Company has no employees and is externally managed by Alpine Income Property Manager, LLC, a Delaware limited liability company and a wholly owned subsidiary of CTO Realt...

• Industry: REIT - Retail
• Sector: Real Estate
• IPO Date: Nov 22, 2019
• Country: United States
• Stock Exchange: NYSE
• Ticker Symbol: PINE

Financial Performance

In 2023, PINE's revenue was $45.64 million, an increase of 1.00% compared to the previous year's $45.19 million. Earnings were $2.92 million, a decrease of -90.19%.

Analyst Forecast

According to 5 analysts, the average rating for PINE stock is "Strong Buy." The 12-month stock price forecast is $19.65, which is an increase of 16.96% from the latest price.

Price Target

$19.65

(16.96% upside)

Analyst Consensus: Strong Buy