Alpine Income Property Trust, Inc. (PINE)

NYSE: PINE · Real-Time Price · USD
15.35
+0.17 (1.12%)
At close: May 29, 2025, 4:00 PM
15.35
0.00 (0.00%)
After-hours: May 29, 2025, 6:30 PM EDT
1.12%
Market Cap 237.78M
Revenue (ttm) 53.97M
Net Income (ttm) 1.15M
Shares Out 15.49M
EPS (ttm) 0.07
PE Ratio 206.44
Forward PE n/a
Dividend $1.14 (7.43%)
Ex-Dividend Date Jun 12, 2025
Volume 93,938
Open 15.19
Previous Close 15.18
Day's Range 15.16 - 15.37
52-Week Range 14.51 - 19.42
Beta 0.64
Analysts Strong Buy
Price Target 19.00 (+23.78%)
Earnings Date Jul 17, 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. together with our consolidated subsidiaries. Our income property portfolio consists of 134 net leased properties located in 35 states. The properties in our portfolio are primarily subject to long-term, net leases, which generally require the tenan... [Read more]

Industry REIT - Retail
Sector Real Estate
IPO Date Nov 22, 2019
Country United States
Stock Exchange NYSE
Ticker Symbol PINE
Full Company Profile

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 Statements

Analyst Forecast

According to 8 analysts, the average rating for PINE stock is "Strong Buy." The 12-month stock price forecast is $19.0, which is an increase of 23.78% from the latest price.

Price Target
$19.0
(23.78% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nothing But Net (Lease REITs)

Net Lease REITs create value by investing at returns above their cost of capital; WACC is a key metric for quality assessment. Top Net Lease REITs like Agree Realty, Essential Properties, Four Corners...

11 hours ago - Seeking Alpha

Alpine Income Property Trust Declares Dividend for the Second Quarter 2025

WINTER PARK, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has decl...

2 days ago - GlobeNewsWire

CTO Realty Growth Declares Dividends for the Second Quarter 2025

WINTER PARK, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declare...

Other symbols: CTO
2 days ago - GlobeNewsWire

When Your REIT Will Cut Its Dividend

When Your REIT Will Cut Its Dividend

Other symbols: AHHBRTBXPCCICPTCSRDEI
10 days ago - Seeking Alpha

REIT Roulette: Why I'm Overweight Net Lease

Diversification is key in REIT investing, mirroring my roulette strategy—spread bets across sectors for optimal risk-adjusted returns. Net lease REITs offer stability and steady dividends, outperformi...

Other symbols: ADCBNLOVICI
10 days ago - Seeking Alpha

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...

Other symbols: BNLDEA
24 days ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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 ...

5 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

Other symbols: HESMVICI
2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

Other symbols: CTO
3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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 ...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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

5 months ago - GlobeNewsWire

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...

Other symbols: CPPR
5 months ago - Seeking Alpha

Very Bad News For REITs

Trump's election victory is bad news for many REITs. His policies are perceived to be inflationary. As a result, interest rates may remain higher for longer.

5 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha