Alpine Income Property Trust, Inc. (PINE)

NYSE: PINE · IEX Real-Time Price · USD
19.45
0.01 (0.05%)
Jan 28, 2022 3:16 PM EST - Market open
Market Cap219.85M
Revenue (ttm)26.04M
Net Income (ttm)1.85M
Shares Out11.30M
EPS (ttm)0.19
PE Ratio105.14
Forward PE625.00
Dividend$1.02 (5.22%)
Ex-Dividend DateDec 8, 2021
Volume63,792
Open19.50
Previous Close19.44
Day's Range19.04 - 19.54
52-Week Range15.15 - 21.07
Beta0.98
AnalystsStrong Buy
Price Target22.36 (+15.0%)
Earnings DateFeb 10, 2022

About PINE

Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that acquires, owns and operates a portfolio of high-quality single-tenant net leased commercial income properties.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateNov 22, 2019
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolPINE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for PINE stock is "Strong Buy." The 12-month stock price forecast is 22.36, which is an increase of 14.96% from the latest price.

Price Target
$22.36
(14.96% upside)
Analyst Consensus: Strong Buy

News

Alpine Income Property Trust Announces Fourth Quarter 2021 Earnings Release and Conference Call Information

WINTER PARK, Fla., Jan. 07, 2022 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that it will report its financial and operating results for the fourt...

3 weeks ago - GlobeNewsWire

Alpine Income (PINE) Reports High Inorganic Growth in Q4

Alpine Income's (PINE) acquisition of net leased properties offers tenant, sector and geographic diversity.

3 weeks ago - Zacks Investment Research

Alpine Income Property Trust Provides Portfolio Update and Announces Record 2021 Transaction Activity

WINTER PARK, Fla., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today provided a portfolio update and announced its record 2021 acquisition and dispo...

3 weeks ago - GlobeNewsWire

3 REITs That Cut You a Quarterly Paycheck

Getting a quarterly dividend isn't a big hurdle, so how about a dividend that has a history of growing each quarter?

Other symbols:OWPC
1 month ago - The Motley Fool

Alpine Income Property Trust Announces Sale of Single Tenant Office Properties Leased to Hilton Grand Vacations

DAYTONA BEACH, Fla., Dec. 02, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced the disposition of its single tenant office properties located in O...

1 month ago - GlobeNewsWire

Alpine Income Property Trust Increases Quarterly Dividend by 5.9% and Declares Dividend for the Fourth Quarter 2021

DAYTONA BEACH, Fla., Nov. 22, 2021 (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...

2 months ago - GlobeNewsWire

3 Reasons I Just Bought Alpine Income Property Trust

I broke my own rules when I bought this tiny real estate investment trust (REIT). Here are a few reasons I decided to take a risk on this new net lease player.

2 months ago - The Motley Fool

Alpine Income (PINE) Q3 FFO and Revenues Surpass Estimates

Alpine Income (PINE) delivered FFO and revenue surprises of 5.71% and 10.48%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Alpine Income Property Trust Reports Third Quarter 2021 Operating Results

DAYTONA BEACH, Fla., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced its operating results and earnings for the quarter ended ...

3 months ago - GlobeNewsWire

The Top 5 REITs With 25+ Years Of Rising Monthly Dividends

Ben Reynolds and the editorial team at Sure Dividend have just launched a new monthly advisory service entitled Top 10 REITs. Here, we begin a 5-part series that counts down their initial five favorites...

Other symbols:CTREFCPTOHISLG
3 months ago - Forbes

Alpine Income Property Trust Announces New $80 Million Term Loan

DAYTONA BEACH, Fla., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced that it has successfully executed a new $80.0 million uns...

3 months ago - GlobeNewsWire

Alpine Income Property Trust Announces Third Quarter 2021 Earnings Release and Conference Call Information

DAYTONA BEACH, Fla., Sept. 29, 2021 (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...

3 months ago - GlobeNewsWire

Alpine Income (PINE) Shares Up on Sequential Dividend Hike

Alpine Income's (PINE) recent dividend hike vouches for the company's operational strength and commitment toward rewarding its shareholders handsomely.

5 months ago - Zacks Investment Research

Alpine Income Property Trust Increases Quarterly Dividend By 2.0% and Declares Dividend for the Third Quarter 2021

DAYTONA BEACH, Fla., Aug. 23, 2021 (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...

5 months ago - GlobeNewsWire

Alpine Income Property Trust Reports Second Quarter 2021 Operating Results

DAYTONA BEACH, Fla., July 22, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced its operating results and earnings for the quarter ended ...

6 months ago - GlobeNewsWire

Alpine (PINE) Closes $44.5M Property Buyout From CTO Realty

Alpine Income's (PINE) acquisition of properties net leased to leading national retailers and investment grade-rated entities will likely help the company enjoy steady rental revenues.

6 months ago - Zacks Investment Research

Alpine Income (PINE) Grabs Diversified Portfolio for $14.8M

Alpine Income's (PINE) acquisition of net leased properties offers tenant, sector and geographic diversity.

6 months ago - Zacks Investment Research

Alpine Income Property Trust Completes Portfolio Acquisition From CTO Realty Growth for $44.5 Million

DAYTONA BEACH, Fla., July 01, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today it closed its previously announced acquisition of six high-quality ...

6 months ago - GlobeNewsWire

Alpine Income Property Trust Announces the Acquisition of a Diversified Portfolio for $14.8 Million Through a Partial...

DAYTONA BEACH, Fla., June 30, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today it has acquired a diversified portfolio of nine high-quality retail...

6 months ago - GlobeNewsWire

Alpine Income Property Trust Announces Second Quarter 2021 Earnings Release and Conference Call Information

DAYTONA BEACH, Fla., June 29, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that it will report its financial and operating results for the sec...

6 months ago - GlobeNewsWire

Alpine Income Property Trust, Inc. Announces Closing of Public Offering of Common Stock and Full Exercise of Underwri...

DAYTONA BEACH, Fla., June 10, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced the issuance and sale of an additional 420,000 shares of the Compan...

7 months ago - GlobeNewsWire

Alpine Income Property Trust, Inc. Announces Pricing of Upsized Public Offering of Common Stock

DAYTONA BEACH, Fla., June 03, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced the pricing of an underwritten public offering of 2,800,000 shares ...

7 months ago - GlobeNewsWire

Alpine Income Property Trust, Inc. Announces Public Offering of Common Stock

DAYTONA BEACH, Fla., June 02, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced that it has commenced an underwritten public offering of 2,500,000 ...

7 months ago - GlobeNewsWire

Alpine (PINE) Taps Debt Market With $60M Unsecured Term Loan

Alpine's (PINE) new term loan will provide it additional capital to pay an outstanding amount under its unsecured revolving credit facility and fund acquisition.

8 months ago - Zacks Investment Research

Alpine Income (PINE) Tops Q1 FFO and Revenue Estimates

Alpine Income (PINE) delivered FFO and revenue surprises of 7.69% and 5.42%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research