Alpine Income Property Trust (PINE) Stock Forecast, Price Target & Predictions
PINE Stock Forecast
Alpine Income Property Trust stock forecast is as follows: an average price target of $20.04 (represents a 13.22% upside from PINE’s last price of $17.70) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
PINE Price Target
The average price target for Alpine Income Property Trust (PINE) is $20.04 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $18.00. This represents a potential 13.22% upside from PINE's last price of $17.70.
PINE Analyst Ratings
According to 6 Wall Street analysts, Alpine Income Property Trust's rating consensus is 'Buy'. The analyst rating breakdown for PINE stock is 0 'Strong Buy' (0.00%), 6 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Alpine Income Property Trust Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 21, 2024 | Simon Yarmak | Stifel Nicolaus | $20.25 | $18.45 | 9.73% | 14.41% |
| Oct 21, 2024 | Wesley Golladay | Robert W. Baird | $19.00 | $18.47 | 2.87% | 7.34% |
| Oct 14, 2024 | Michael Goldsmith | UBS | $19.00 | $17.90 | 6.15% | 7.34% |
| Jul 30, 2024 | Anthony Hau | Truist Financial | $18.00 | $17.42 | 3.33% | 1.69% |
| Jul 19, 2024 | Gaurav Mehta | Industrial Alliance Securities | $20.00 | $16.93 | 18.11% | 12.99% |
| Jun 03, 2024 | Simon Yarmak | Stifel Nicolaus | $18.00 | $15.71 | 14.56% | 1.69% |
| Dec 21, 2022 | Gaurav Mehta | EF Hutton | $22.00 | $18.00 | 22.22% | 24.29% |
| Oct 25, 2022 | Jason Stewart | JonesTrading | $22.00 | $18.29 | 20.32% | 24.29% |
The latest Alpine Income Property Trust stock forecast, released on Oct 21, 2024 by Simon Yarmak from Stifel Nicolaus, set a price target of $20.25, which represents a 9.73% increase from the stock price at the time of the forecast ($18.45), and a 14.41% increase from PINE last price ($17.70).
Alpine Income Property Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 6 |
| Avg Price Target | $19.63 | $19.42 | $19.04 |
| Last Closing Price | $17.70 | $17.70 | $17.70 |
| Upside/Downside | 10.90% | 9.72% | 7.57% |
In the current month, the average price target of Alpine Income Property Trust stock is $19.63, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 10.90% increase as opposed to Alpine Income Property Trust's last price of $17.70. This month's average price target is up 1.08% compared to last quarter, and up 3.10% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 18, 2024 | Alliance Global Partners | Buy | Buy | Hold |
| Oct 14, 2024 | UBS | Buy | Buy | Hold |
| Oct 14, 2024 | Raymond James | Underperform | Underperform | Hold |
| Oct 14, 2024 | UBS | - | Neutral | Initialise |
| Sep 25, 2024 | Raymond James | Buy | Buy | Hold |
| Sep 25, 2024 | Edward Jones | Underperform | Underperform | Hold |
| Aug 21, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jul 19, 2024 | Alliance Global Partners | Buy | Buy | Hold |
| Dec 21, 2022 | EF Hutton | - | Buy | Initialise |
| Oct 25, 2022 | JonesTrading | Buy | Buy | Hold |
Alpine Income Property Trust's last stock rating was published by Alliance Global Partners on Oct 18, 2024. The company gave PINE a "Buy" rating, the same as its previous rate.
Alpine Income Property Trust Financial Forecast
Alpine Income Property Trust Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $11.58M | $11.56M | $11.44M | $11.17M | $11.60M | $11.53M | $11.28M | $10.80M | $9.47M | $8.17M | $6.60M | $5.89M | $5.39M | $5.10M | $4.59M | $4.17M | - |
| Avg Forecast | $13.44M | $13.14M | $12.93M | $12.62M | $13.23M | $13.15M | $13.05M | $12.87M | $13.01M | $12.11M | $12.26M | $11.66M | $11.65M | $11.69M | $11.20M | $11.83M | $11.62M | $10.62M | $10.92M | $10.42M | $8.80M | $7.38M | $6.32M | $5.88M | $5.55M | $4.99M | $4.05M | $3.59M | $3.57M |
| High Forecast | $14.12M | $13.81M | $13.58M | $13.26M | $13.90M | $13.82M | $13.72M | $13.66M | $13.77M | $12.13M | $12.26M | $11.66M | $11.92M | $12.28M | $11.77M | $12.44M | $12.21M | $11.06M | $11.36M | $10.84M | $9.17M | $7.68M | $6.58M | $6.12M | $5.78M | $5.19M | $4.22M | $3.73M | $3.72M |
| Low Forecast | $12.44M | $12.16M | $11.96M | $11.68M | $12.24M | $12.17M | $12.08M | $12.19M | $12.19M | $12.09M | $12.25M | $11.65M | $11.50M | $10.82M | $10.36M | $10.95M | $10.75M | $10.38M | $10.67M | $10.18M | $8.60M | $7.21M | $6.17M | $5.74M | $5.42M | $4.87M | $3.96M | $3.51M | $3.49M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.99% | 1.02% | 0.94% | 1.00% | 1.09% | 1.03% | 1.04% | 1.08% | 1.11% | 1.04% | 1.00% | 0.97% | 1.02% | 1.13% | 1.16% | - |
Alpine Income Property Trust's average Quarter revenue forecast for Mar 24 based on 2 analysts is $11.66M, with a low forecast of $11.65M, and a high forecast of $11.66M. PINE's average Quarter revenue forecast represents a 0.65% increase compared to the company's last Quarter revenue of $11.58M (Dec 23).
Alpine Income Property Trust EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $9.45M | $7.91M | $8.95M | $8.04M | $8.94M | $8.10M | $8.38M | $8.28M | $14.28M | $6.21M | $4.39M | $4.10M | $3.40M | $3.60M | $2.84M | $2.27M | - |
| Avg Forecast | $10.49M | $10.26M | $10.09M | $9.85M | $10.33M | $10.27M | $10.19M | $10.04M | $10.15M | $9.45M | $9.57M | $6.56M | $9.09M | $9.12M | $8.74M | $5.18M | $9.07M | $7.38M | $7.58M | $7.24M | $6.12M | $5.13M | $4.39M | $4.10M | $3.86M | $3.46M | $2.81M | $2.49M | $2.48M |
| High Forecast | $11.03M | $10.78M | $10.60M | $10.35M | $10.85M | $10.79M | $10.71M | $10.66M | $10.75M | $9.47M | $9.57M | $7.87M | $9.30M | $9.59M | $9.19M | $6.22M | $9.53M | $7.69M | $7.90M | $7.53M | $6.37M | $5.34M | $4.57M | $4.92M | $4.01M | $3.61M | $2.93M | $2.59M | $2.59M |
| Low Forecast | $9.71M | $9.49M | $9.34M | $9.12M | $9.56M | $9.50M | $9.43M | $9.52M | $9.52M | $9.44M | $9.56M | $5.24M | $8.98M | $8.44M | $8.09M | $4.15M | $8.39M | $7.21M | $7.41M | $7.07M | $5.98M | $5.01M | $4.29M | $3.28M | $3.77M | $3.39M | $2.75M | $2.44M | $2.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.87% | 1.02% | 1.55% | 0.99% | 1.10% | 1.11% | 1.14% | 2.33% | 1.21% | 1.00% | 1.00% | 0.88% | 1.04% | 1.01% | 0.91% | - |
2 analysts predict PINE's average Quarter EBITDA for Mar 24 to be $6.56M, with a high of $7.87M and a low of $5.24M. This is -30.62% lower than Alpine Income Property Trust's previous annual EBITDA (Dec 23) of $9.45M.
Alpine Income Property Trust Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $335.00K | $-837.00K | - | $7.73M | $1.67M | $9.77M | $14.28M | $806.00K | $8.30M | $918.00K | $304.00K | $440.00K | $185.99K | $546.10K | $240.24K | $12.67K | - |
| Avg Forecast | $857.04K | $1.07M | $996.68K | $933.89K | $749.56K | $719.25K | $780.20K | $644.27K | $308.36K | $146.87K | $-49.89K | $704.10K | $-561.30K | $498.93K | $-748.40K | $556.60K | $7.61M | $4.04M | $12.19M | $199.57K | $299.36K | $1.20M | $523.88K | $440.00K | $449.04K | $598.72K | - | $22.50K | $673.56K |
| High Forecast | $913.71K | $1.14M | $1.06M | $995.63K | $799.11K | $766.80K | $831.78K | $659.61K | $323.40K | $156.58K | $-45.05K | $844.92K | $-546.13K | $531.92K | $-675.87K | $667.92K | $9.13M | $4.26M | $14.63M | $210.23K | $315.35K | $1.26M | $551.87K | $528.00K | $473.03K | $630.71K | - | $27.00K | $709.54K |
| Low Forecast | $773.98K | $967.53K | $900.08K | $843.38K | $676.91K | $649.54K | $704.58K | $613.59K | $300.84K | $132.63K | $-53.19K | $563.28K | $-576.47K | $450.57K | $-797.88K | $445.28K | $6.09M | $3.92M | $9.75M | $193.66K | $290.50K | $1.16M | $508.37K | $352.00K | $435.74K | $580.99K | - | $18.00K | $653.61K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.60% | -1.68% | - | 13.88% | 0.22% | 2.42% | 1.17% | 4.04% | 27.73% | 0.77% | 0.58% | 1.00% | 0.41% | 0.91% | - | 0.56% | - |
Alpine Income Property Trust's average Quarter net income forecast for Mar 24 is $704.10K, with a range of $563.28K to $844.92K. PINE's average Quarter net income forecast represents a 110.18% increase compared to the company's last Quarter net income of $335.00K (Dec 23).
Alpine Income Property Trust SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $1.48M | $1.65M | $1.66M | $1.51M | $1.41M | $1.46M | $1.48M | $1.43M | $1.34M | $1.37M | $1.29M | $1.03M | $1.12M | $1.12M | $1.13M | $1.28M | - |
| Avg Forecast | $1.81M | $1.77M | $1.75M | $1.70M | $1.79M | $1.78M | $1.76M | $1.74M | $1.76M | $1.63M | $1.65M | $1.65M | $1.57M | $1.58M | $1.51M | $1.30M | $1.23M | $1.44M | $1.26M | $1.41M | $1.19M | $999.29K | $855.08K | $1.03M | $751.24K | $674.96K | $548.48K | $2.28M | $483.96K |
| High Forecast | $1.91M | $1.86M | $1.83M | $1.79M | $1.88M | $1.87M | $1.85M | $1.84M | $1.86M | $1.64M | $1.66M | $1.98M | $1.61M | $1.66M | $1.59M | $1.56M | $1.47M | $1.50M | $1.52M | $1.47M | $1.24M | $1.04M | $890.21K | $1.24M | $782.11K | $702.70K | $571.02K | $2.74M | $503.85K |
| Low Forecast | $1.68M | $1.64M | $1.62M | $1.58M | $1.65M | $1.64M | $1.63M | $1.65M | $1.65M | $1.63M | $1.65M | $1.32M | $1.55M | $1.46M | $1.40M | $1.04M | $982.67K | $1.41M | $1.01M | $1.38M | $1.16M | $976.53K | $835.60K | $824.00K | $734.12K | $659.59K | $535.99K | $1.82M | $472.93K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.05% | 1.10% | 1.16% | 1.15% | 1.02% | 1.17% | 1.01% | 1.12% | 1.37% | 1.50% | 1.00% | 1.50% | 1.66% | 2.06% | 0.56% | - |
Alpine Income Property Trust's average Quarter SG&A projection for Mar 24 is $1.65M, based on 2 Wall Street analysts, with a range of $1.32M to $1.98M. The forecast indicates a 11.52% rise compared to PINE last annual SG&A of $1.48M (Dec 23).
Alpine Income Property Trust EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.06 | - | $0.55 | $0.13 | $0.82 | $1.21 | $0.07 | $0.73 | $0.08 | $0.03 | $0.06 | $0.02 | $0.07 | $0.03 | - | - |
| Avg Forecast | $0.06 | $0.07 | $0.07 | $0.06 | $0.05 | $0.05 | $0.05 | $0.04 | $0.02 | $0.01 | $-0.00 | $-0.05 | $-0.04 | $0.03 | $-0.05 | $-0.04 | $0.12 | $0.27 | $0.18 | $0.01 | $0.02 | $0.08 | $0.04 | $0.04 | $0.03 | $0.04 | - | $0.06 | $0.04 |
| High Forecast | $0.06 | $0.08 | $0.07 | $0.07 | $0.05 | $0.05 | $0.06 | $0.04 | $0.02 | $0.01 | $-0.00 | $-0.04 | $-0.04 | $0.04 | $-0.05 | $-0.03 | $0.12 | $0.28 | $0.19 | $0.01 | $0.02 | $0.08 | $0.04 | $0.05 | $0.03 | $0.04 | - | $0.06 | $0.05 |
| Low Forecast | $0.05 | $0.06 | $0.06 | $0.06 | $0.05 | $0.04 | $0.05 | $0.04 | $0.02 | $0.01 | $-0.00 | $-0.05 | $-0.04 | $0.03 | $-0.05 | $-0.04 | $0.11 | $0.26 | $0.17 | $0.01 | $0.02 | $0.08 | $0.03 | $0.04 | $0.03 | $0.04 | - | $0.06 | $0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.80% | - | -14.67% | 1.11% | 3.04% | 6.72% | 5.25% | 36.50% | 1.00% | 0.86% | 1.33% | 0.67% | 1.75% | - | - | - |
According to 2 Wall Street analysts, Alpine Income Property Trust's projected average Quarter EPS for Jun 23 is $-0.05, with a low estimate of $-0.05 and a high estimate of $-0.05. This represents a -109.09% decrease compared to PINE previous annual EPS of $0.55 (Mar 23).
Alpine Income Property Trust Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SITC | SITE Centers | $16.16 | $33.53 | 107.49% | Hold |
| NTST | NETSTREIT | $15.94 | $23.95 | 50.25% | Buy |
| PINE | Alpine Income Property Trust | $17.70 | $20.04 | 13.22% | Buy |
| BFS | Saul Centers | $40.07 | $43.50 | 8.56% | Buy |
| UE | Urban Edge Properties | $23.47 | $25.00 | 6.52% | Buy |
| IVT | InvenTrust Properties | $30.88 | $32.50 | 5.25% | Buy |
| FCPT | Four Corners Property Trust | $29.10 | $30.50 | 4.81% | Buy |
| GTY | Getty Realty | $32.81 | $33.50 | 2.10% | Buy |
| KRG | Kite Realty Group Trust | $27.36 | $27.50 | 0.51% | Buy |
| BRX | Brixmor Property Group | $29.69 | $28.82 | -2.93% | Buy |
| KIM | Kimco Realty | $25.05 | $23.88 | -4.67% | Buy |
| ROIC | Retail Opportunity Investments | $17.38 | $15.83 | -8.92% | Hold |
| AKR | Acadia Realty Trust | $24.98 | $20.50 | -17.93% | Buy |