How to Buy Alpine Income Property Trust Stock
Alpine Income Property Trust Inc
Alpine Income Property Trust, Inc. is a real estate company, which owns and operates portfolio of single-tenant commercial properties. The company is headquartered in Daytona Beach, Florida.
Alpine Income Property Trust stock last closed at $17.89, down 0.5% from the previous day, and has increased 10.57% in one year. It has overperformed other stocks in the REIT - Retail industry by 0.19 percentage points. Alpine Income Property Trust stock is currently +24.89% from its 52-week low of $14.33, and -7.88% from its 52-week high of $19.42.
At the moment, there are 14.27M PINE shares outstanding. The market cap of PINE is $255.34M. In the last 24 hours, 122,557 PINE shares were traded.
How to Buy Alpine Income Property Trust Stock
Not sure how to invest in Alpine Income Property Trust stock? Here's how.
- Choose where to buy Alpine Income Property Trust stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Alpine Income Property Trust stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your method of payment and add your details.
- Analyze Alpine Income Property Trust stock: The Alpine Income Property Trust ticker symbol is PINE. Is Alpine Income Property Trust stock a good investment? Should you buy shares of PINE? How do PINE's underlying business fundamentals look? Do top analysts think Alpine Income Property Trust is a good buy? Why has PINE's stock price moved recently? (Hint: Our stock market analysis website can help you understand if PINE is a good stock to buy).
- Execute your PINE trade: Decide if you will purchase PINE shares at the current market price or use a limit order to buy PINE stock at a particular price.
- Watch your investment in PINE: Create a watchlist to watch your position in Alpine Income Property Trust shares.
Step 1: Choose where to buy Alpine Income Property Trust stock
You need a brokerage account in order to access the NYSE market and buy PINE stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal details so you are able to buy PINE today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new trading account.
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Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best app for stock investing, you need to deposit funds:
Watch this video walkthrough to see the process of transferring money into your investment account.
Step 4: Analyze Alpine Income Property Trust stock
After you have figured out the best place to buy Alpine Income Property Trust stock, it's critical to evaluate their stock prior to investing, so you can comprehend the risk as well as the opportunity.
Alpine Income Property Trust stock quick numbers
Alpine Income Property Trust Due Diligence Checks
WallStreetZen was designed to help average investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on PINE's stock page.
Is PINE stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge PINE's intrinsic value.
Using relative valuations ratios:
- PINE could be overvalued based on its P/E ratio of 74.54x, relative to REIT - Retail industry P/E ratio of 22.73x
- PINE may be undervalued based on its P/B ratio of 1.03x, relative to REIT - Retail industry P/B ratio of 2.24x
- PINE could be undervalued based on its PEG ratio of 0.78x
You can do more valuation analysis on PINE's stock here.
PINE Financials at a glance
Failed Financial Due Diligence Checks:
- PINE profit margin has gone down from 16.3% to 6.7% in the past year.
- PINE earnings of $14.96M is not sufficient to cover its interest payments.
- PINE has a relatively high debt to equity ratio of 1.24.
- PINE's operating cash flow of $27.91M allows it to safely service it's debt of $292.08M.
Is PINE stock a Buy, Hold, or Sell, according to analysts?
Out of 8 Wall Street analysts who research PINE, the consensus analyst rating on PINE is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest PINE Analyst Ratings
Anthony Hau, a top 31% analyst from Truist Securities maintains PINE with a hold rating and raises their PINE price target from $16.00 to $18.00, on Jul 30, 2024.
John Massocca, a top 33% analyst from B. Riley Securities reiterates PINE with a strong buy rating and raises their PINE price target from $19.50 to $20.00, on Jul 24, 2024.
Nathan Jones, a top 2% analyst from Stifel Nicolaus maintains PINE with a strong buy rating and raises their PINE price target from $18.00 to $19.25, on Jul 19, 2024.
Stifel Nicolaus's Nathan Jones raised their price target on Alpine Income Property Trust (NYSE: PINE) by 6.9% from $18 to $19.25 on 2024/07/19. The analyst maintained their Strong Buy rating on the stock.
Alpine Income Property Trust reported its Q2 2024 earnings on 2024/07/18.
Jones said they hiked their price target estimate because Q2's $0143 AFFO per share beat Stifel Nicolaus' estimate and the consensus, driven by lower expenses and higher revenue.
Earnings Report
For Q2 2024, Alpine Income Property Trust reported:
- FFO of $0.43, which beat the Zacks Consensus Estimate of $0.39 and, by 14%, Q2 2023's $0.37.
- Revenue of $12.49M, which beat the Zacks Consensus Estimate by 3.22% and Q2 2023's $11.44M by 9.2%.
For FY 2024, management guided:
- FFO of $1.62, up from the prior $1.58.
- AFFO of $1.64, up from the prior $1.60, representing a 4.2% increase at the midpoint of these ranges.
President & CEO John P. Albright commented: "We are pleased with our investment activity during the quarter, which included the acquisition of a two-tenant property for $14.6M leased to 100% investment grade rated tenants, and the origination of a high yielding $6.1M first mortgage loan, Wawa anchored pad site development.
“We have increased our full-year FFO and AFFO guidance as our net investment spreads have driven strong earnings growth.”
You can dive deeper into what analysts are forecasting on the Alpine Income Property Trust stock forecast page.
Metrics for Advanced PINE Traders
PINE Performance Metrics
Last year, PINE earnings were $3.36M. Over the last three year, PINE's earnings have grown by 58.48% per year. This was faster than the REIT - Retail industry average of -0.78%.
Last year, PINE revenue was $50.02M. Over the last three year, PINE's revenue has grown by 97.28% per year. This was faster than the REIT - Retail industry average of 11.16%.
Dive into PINE's earnings and revenue performance here.
Are PINE insiders buying or selling the stock?
Over the last year, insiders at PINE have bought more shares than they have sold.
Wein Rachel Elias, Director of PINE, was the latest PINE insider to sell. They sold $36,000.00 worth of PINE stock on Nov 22, 2024.
Get more info about who owns PINE stock here.
Can I get consistent income from PINE stock?
Alpine Income Property Trust pays a dividend of 6.18%, compared to the REIT - Retail industry's average dividend yield of 4.11%. If you owned $1,000 worth of PINE stock, you would have received $61.77 last year.
Alpine Income Property Trust dividend payments have consistently grown over the past 5 years and have remained stable.
Find more info about Alpine Income Property Trust dividend yield and history here.
What others are saying about PINE
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your PINE trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in PINE
Now that you own some PINE stock, you'll want to keep up with your company.
Start a watchlist to get notified of the latest news about your PINE stock.
PINE Feed
How to Buy Stock in Alpine Income Property Trust
To reiterate, here are the 6 steps for buying Alpine Income Property Trust stock:
- Choose where to buy Alpine Income Property Trust stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Alpine Income Property Trust stock
- Execute your PINE trade
- Watch your investment in PINE
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your new investment in Alpine Income Property Trust, click below.
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