Alpine Income Property Trust, Inc. (PINE)
| Market Cap | 262.14M |
| Revenue (ttm) | 52.23M |
| Net Income (ttm) | 2.07M |
| Shares Out | 15.92M |
| EPS (ttm) | 0.14 |
| PE Ratio | 117.64 |
| Forward PE | 633.46 |
| Dividend | $1.13 (6.83%) |
| Ex-Dividend Date | Mar 13, 2025 |
| Volume | 73,236 |
| Open | 16.54 |
| Previous Close | 16.44 |
| Day's Range | 16.43 - 16.64 |
| 52-Week Range | 14.33 - 19.42 |
| Beta | 0.82 |
| Analysts | Strong Buy |
| Price Target | 19.72 (+19.73%) |
| Earnings Date | Feb 6, 2025 |
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... [Read more]
Financial Performance
In 2024, PINE's revenue was $52.23 million, an increase of 14.42% compared to the previous year's $45.64 million. Earnings were $2.07 million, a decrease of -29.17%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for PINE stock is "Strong Buy." The 12-month stock price forecast is $19.72, which is an increase of 19.73% from the latest price.
News
Alpine Income Property: Understanding The New Share Repurchase Program (Rating Downgrade)
PINE's share repurchase program aims to unlock value but faces challenges due to high leverage and limited retained earnings. PINE's AFFO yield over 10% makes share repurchases more attractive than ne...
Alpine Income Property Trust Announces Approval of New $10 Million Common Stock Repurchase Program
WINTER PARK, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors approved a new common stock repurchase ...
Alpine Income Property Trust, Inc. (PINE) Q4 2024 Earnings Conference Call Transcript
Alpine Income Property Trust, Inc. (NYSE:PINE) Q4 2024 Earnings Conference Call February 7, 2025 9:00 AM ET Company Participants John Albright - President, Chief Executive Officer, Director Philip Ma...
Alpine Income Property Trust Reports Fourth Quarter and Full Year 2024 Operating Results
- Fourth Quarter Net Loss of $0.06 per diluted share and FFO and AFFO of $0.44 per diluted share - - Closed Investments of $134.7 million at an 8.7% cash yield in 2024 – - Increases Dividend for Q1 20...
Alpine Income Property Trust: Dividend Growth Rooted In Portfolio Quality
Alpine Income Property Trust is a triple-net lease REIT with high-quality tenants and a focus on single-tenant properties, showing strong portfolio management and growth. The company achieved an 11% y...
Alpine Income Property Trust Announces Fourth Quarter 2024 Earnings Release and Conference Call Information
WINTER PARK, Fla., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that it will report its financial and operating results for the fou...
Alpine Income Property Trust Announces Acquisition of Lowe's Home Improvement
Full Year Investment Activity Reached $134.7 Million; Dispositions Totaled $75.6 Million Full Year Investment Activity Reached $134.7 Million; Dispositions Totaled $75.6 Million
Buying A Dollar For 60 Cents - 3 Dividend Stocks You'll Love
The S&P 500 has seen impressive 26.5% YTD growth, but investors must be cautious of market momentum and rising asset flows into popular stocks. Despite strong market liquidity, I believe stock picking...
Alpine Income Property: Improved Portfolio Quality Results In Growth Potential
Alpine Income Property trades at an attractive valuation while maintaining strong dividend support. PINE's portfolio improvements include reducing exposure to high-risk tenants like Walgreens and incr...
Alpine Income Property Trust Declares Dividend For the Fourth Quarter 2024
WINTER PARK, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has dec...
Alpine Income Property Trust Announces Changes to Board of Directors
WINTER PARK, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced that Jeffrey S. Yarckin has notified the Company of his r...
Alpine Income Property Trust Announces Fourth Quarter Investment Activity
WINTER PARK, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income prop...
Alpine Income Property: A Strong Case For M&A
Initiated a Strong Spec Buy on Alpine Income Property, with shares trading at $10.64 and a P/FFO of 9.5x. PINE has grown from 24 properties to 133, with ABR increasing from $13.3 million to $41.5 mill...
Alpine Income Property: Q3 Earnings Beats Assessed
Alpine Income Property Trust, Inc.'s Q3 earnings beat estimates, leading to upgraded guidance for 2024. The REIT's portfolio occupancy has decreased, but the average rent per square foot has increased...
Alpine Income Property Trust, Inc. (PINE) Q3 2024 Earnings Call Transcript
Alpine Income Property Trust, Inc. (NYSE:PINE) Q3 2024 Earnings Conference Call October 18, 2024 9:00 AM ET Company Participants John Albright - President, Chief Executive Officer, Director Phil Mays...
Alpine Income Property Trust Reports Third Quarter 2024 Operating Results
WINTER PARK, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income prop...
Undervalued High Yield: Buying 6.5% Quality Income With Alpine Income Property
Alpine Income Property Trust, Inc. offers a well-covered 6.5% dividend yield, backed by a sub-70% payout ratio and a near-perfect 99% occupancy rate. Alpine's tenant base is strong, with 67% of rent f...
Alpine Income Property Trust Announces Resignation of Mark O. Decker, Jr. from Board of Directors
WINTER PARK, Fla., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced that Mark O. Decker, Jr., has notified the Company of his...
Alpine Income Property Trust Announces Third Quarter 2024 Earnings Release and Conference Call Information
WINTER PARK, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that it will report its financial and operating results for the th...
Alpine Income Property Trust Announces Updated Third Quarter and Year-to-Date 2024 Transaction Activity
WINTER PARK, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced updated third quarter and year-to-date 2024 investment and disposi...
3 Small Cap REITs That Are Hard To Beat
Over my 15 years on Seeking Alpha, I've identified exceptional small-cap REITs like Ladder Capital and Whitestone Realty, yielding significant returns. Alpine Income Property Trust has a strong invest...
Assessing Quality Of REIT Earnings
REITs trade on AFFO, but the market often overlooks the quality of AFFO growth, leading to mispricings. AFFO growth sources vary in quality; repeatable sources like rental rate growth are more valuabl...
3 Small Cap REITs With Big Yields
In this article, I will highlight three small cap REITs that are poised to deliver solid total returns from dividends and capital appreciation: CTO Realty Growth, Alpine Income Property Trust, and Bro...
Alpine Income Property Trust Declares Dividend for the Third Quarter 2024
WINTER PARK, Fla., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has dec...