Alpine Income Property Trust, Inc. (PINE)
| Market Cap | 232.98M |
| Revenue (ttm) | 53.97M |
| Net Income (ttm) | 1.15M |
| Shares Out | 15.49M |
| EPS (ttm) | 0.07 |
| PE Ratio | 202.27 |
| Forward PE | 976.62 |
| Dividend | $1.12 (7.45%) |
| Ex-Dividend Date | Mar 13, 2025 |
| Volume | 50,514 |
| Open | 15.17 |
| Previous Close | 15.15 |
| Day's Range | 14.94 - 15.23 |
| 52-Week Range | 14.51 - 19.42 |
| Beta | 0.64 |
| Analysts | Strong Buy |
| Price Target | 19.38 (+28.86%) |
| Earnings Date | Apr 24, 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 8 analysts, the average rating for PINE stock is "Strong Buy." The 12-month stock price forecast is $19.38, which is an increase of 28.86% from the latest price.
News
3 Little-Known Net Lease REITs To Buy
I've been a net lease investor for over three decades, emphasizing the importance of understanding tenants to avoid owning obsolete properties. Highlighting concerns about the car wash sector's bubble...
Tensions Ease Ahead Of Critical Week
US equity markets resumed their recovery this week from the "liberation day" plunge after the White House negotiated trade deals with several nations and indicated plans to ease China tariffs. Trimmin...
Alpine Income Property Trust, Inc. (PINE) Q1 2025 Earnings Call Transcript
Alpine Income Property Trust, Inc. (NYSE:PINE) Q1 2025 Earnings Conference Call April 25, 2025 9:00 AM ET Company Participants John Albright – President and Chief Executive Officer Philip Mays – Seni...
Alpine Income Property Trust Reports First Quarter 2025 Operating and Financial Results
- Closed Investments of $79.2 million at a weighted average initial cash yield of 9.0% - - Increased Dividend Q1 2025 - - First Quarter Net Loss of $(0.08) per diluted share and FFO and AFFO of $0.44 ...
Alpine Income Property Trust Announces First Quarter 2025 Transaction Activity and Balance Sheet Update
WINTER PARK, Fla., April 02, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced its investment and disposition activities for the first quarter of...
Alpine: Don't Fret The Disposition Losses & Systematic Pressures
Alpine Income Property Trust, Inc. remains under-the-radar despite its strong profile, high occupancy rate, and long lease terms agreements. The REIT faces macroeconomic headwinds, including late-cycl...
If I Retired Today, These 3 Income Stocks Would Be My Paycheck
Every investor's journey is unique, shaped by income, risk tolerance, and goals. As I think about financial independence, I consider income-focused investing. A well-built portfolio with a 5% yield ba...
Alpine Income Property Trust Announces First Quarter 2025 Earnings Release and Conference Call Information
WINTER PARK, Fla., March 27, 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 fi...
Alpine Income Property: High Yield Spells Opportunity
Alpine Income Property Trust offers a high 7% yield and is trading at a discount with a forward P/FFO of 9.4. PINE has a strong portfolio with 98% occupancy, long lease terms, and over 60% of ABR from...
CTO Realty Growth Announces Acquisition of Lifestyle Center in Atlanta, Georgia for $79.8 Million
WINTER PARK, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”), a leading owner and operator of high-quality, open-air shopping centers located in t...
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...