• Gaurav Mehta from Industrial Alliance Securities sets a price target of $19 for NYSE:PINE, indicating a potential increase of approximately 22.66%.
• PINE reports a quarterly funds from operations (FFO) of $0.44 per share, surpassing the Zacks Consensus Estimate.
• The company's revenues reached $14.21 million for the quarter, a 0.71% increase over the Zacks Consensus Estimate.

Alpine Income Property Trust, Inc. (NYSE:PINE) is a real estate investment trust (REIT) that focuses on owning and operating a portfolio of high-quality retail properties. The company aims to provide stable income through its diversified property holdings. PINE competes with other REITs in the market, striving to deliver consistent financial performance and shareholder value.

On April 25, 2025, Gaurav Mehta from Industrial Alliance Securities set a price target of $19 for PINE, suggesting a potential increase of approximately 22.66% from its current price of $15.49. This optimistic outlook aligns with PINE's recent financial performance, as highlighted during its Q1 2025 earnings conference call. The call featured key company leaders and analysts from major financial institutions, providing insights into the company's strategic initiatives.

PINE reported a quarterly funds from operations (FFO) of $0.44 per share, surpassing the Zacks Consensus Estimate of $0.43 per share. This marks an improvement from the previous year's FFO of $0.41 per share. The company achieved an FFO surprise of 2.33% this quarter, continuing its trend of exceeding consensus estimates over the past four quarters.

In addition to strong FFO performance, PINE reported revenues of $14.21 million for the quarter ending March 2025. This figure represents a 0.71% increase over the Zacks Consensus Estimate and an improvement from the $12.47 million reported a year ago. PINE has consistently surpassed consensus revenue estimates in each of the last four quarters, demonstrating its ability to generate steady income.

Despite these positive financial results, PINE's stock is currently trading at $15.48, experiencing a decrease of approximately 4.91% with a price drop of $0.80. The stock's price ranged from a low of $14.915 to a high of $15.945 during the day. Over the past year, PINE has reached a high of $19.42 and a low of $14.51, with a market capitalization of approximately $224.1 million and a trading volume of 174,466 shares.