Alpine Income Property Trust, Inc. (PINE)

NYSE: PINE · IEX Real-Time Price · USD
15.07
-0.40 (-2.59%)
At close: Apr 24, 2024, 4:00 PM
15.34
+0.27 (1.79%)
After-hours: Apr 24, 2024, 7:09 PM EDT
-2.59%
Market Cap 205.30M
Revenue (ttm) 47.05M
Net Income (ttm) -682,000
Shares Out 13.62M
EPS (ttm) -0.03
PE Ratio n/a
Forward PE 91.74
Dividend $1.10 (7.30%)
Ex-Dividend Date Mar 13, 2024
Volume 32,612
Open 15.37
Previous Close 15.47
Day's Range 15.07 - 15.37
52-Week Range 14.25 - 17.72
Beta 0.82
Analysts Strong Buy
Price Target 19.59 (+29.99%)
Earnings Date Apr 18, 2024

About PINE

Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that seeks to deliver attractive risk-adjusted returns and dependable cash dividends by investing in, owning and operating a portfolio of single tenant net leased properties that are predominately leased to high-quality publicly traded and credit-rated tenants. [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 2023, PINE's revenue was $45.64 million, an increase of 1.00% compared to the previous year's $45.19 million. Earnings were $2.92 million, a decrease of -90.19%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for PINE stock is "Strong Buy." The 12-month stock price forecast is $19.59, which is an increase of 29.99% from the latest price.

Price Target
$19.59
(29.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Alpine Income Property Trust Reports First Quarter 2024 Operating Results

WINTER PARK, Fla., April 18, 2024 (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 days ago - GlobeNewsWire

Alpine Income Property Trust Announces First Quarter 2024 Earnings Release and Conference Call Information

WINTER PARK, Fla., March 27, 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 fi...

4 weeks ago - GlobeNewsWire

Alpine Income Property Trust Announces Chief Financial Officer Transition

WINTER PARK, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Senior Vice President, Chief Financial Officer and Treasur...

2 months ago - GlobeNewsWire

Alpine Income Property Trust Declares Dividend For the First Quarter 2024

WINTER PARK, Fla., Feb. 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...

2 months ago - GlobeNewsWire

Alpine Income Property Trust Reports Fourth Quarter and Full Year 2023 Operating Results

WINTER PARK, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced its operating results and earnings for the quarter and ye...

2 months ago - GlobeNewsWire

Alpine Income Property Trust Announces Fourth Quarter 2023 Earnings Release and Conference Call Information

WINTER PARK, Fla., Jan. 16, 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 fou...

3 months ago - GlobeNewsWire

CORRECTION - Alpine Income Property Trust Announces 2023 Transaction Activity and Provides Corporate Update

Alpine Income Property Trust announces full-year 2023 transaction activity, capital markets and balance sheet updates, and a year-end portfolio snapshot.

3 months ago - GlobeNewsWire

Alpine Income Property Trust Announces 2023 Transaction Activity and Provides Corporate Update

Alpine Income Property Trust announces full-year 2023 transaction activity, capital markets and balance sheet updates, and a year-end portfolio snapshot.

3 months ago - GlobeNewsWire

Alpine Income Property Trust Declares Dividend For the Fourth Quarter 2023

Alpine Income Property Trust declares a dividend for the fourth quarter of 2023; PINE's common stock cash dividend represents an annualized yield of 6.9%.

5 months ago - GlobeNewsWire

Alpine Income Property Trust Announces $24 Million First Mortgage Investment Secured by 41-Property Portfolio

WINTER PARK, Fla., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that it has entered into an agreement to provide a $24.0 million fi...

5 months ago - GlobeNewsWire

Alpine Income Property Trust Reports Third Quarter 2023 Operating Results

WINTER PARK, Fla., Oct. 19, 2023 (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 Income Property Trust Announces Third Quarter 2023 Earnings Release and Conference Call Information

WINTER PARK, Fla., Sept. 26, 2023 (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...

7 months ago - GlobeNewsWire

Alpine Income Property Trust Declares Dividend For the Third Quarter 2023

WINTER PARK, Fla., Aug. 23, 2023 (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...

8 months ago - GlobeNewsWire

Alpine Income Property Trust Reports Second Quarter 2023 Operating Results

WINTER PARK, Fla., July 20, 2023 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced its operating results and earnings for the quarter ended ...

9 months ago - GlobeNewsWire

Alpine Income Property Trust Announces Second Quarter 2023 Earnings Release and Conference Call Information

WINTER PARK, Fla., June 29, 2023 (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...

10 months ago - GlobeNewsWire

Alpine Income Property Trust Provides Operational Update

WINTER PARK, Fla., June 05, 2023 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that in connection with the Company's participation in NAREIT's upc...

11 months ago - GlobeNewsWire

Alpine Income Property Trust Declares Dividend For the Second Quarter 2023

WINTER PARK, Fla., May 22, 2023 (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...

1 year ago - GlobeNewsWire

Alpine Income Property Trust Reports First Quarter 2023 Operating Results

WINTER PARK, Fla., April 20, 2023 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced its operating results and earnings for the quarter ended...

1 year ago - GlobeNewsWire

Alpine Income Property Trust Announces First Quarter 2023 Earnings Release and Conference Call Information

WINTER PARK, Fla., March 27, 2023 (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...

1 year ago - GlobeNewsWire

Alpine Income Property Trust Declares Dividend For the First Quarter 2023

WINTER PARK, Fla., Feb. 22, 2023 (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...

1 year ago - GlobeNewsWire

Alpine Income Property Trust Reports Fourth Quarter and Full Year 2022 Operating Results

WINTER PARK, Fla., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced its operating results and earnings for the quarter and ye...

1 year ago - GlobeNewsWire

Alpine Income Property Trust Announces Fourth Quarter 2022 Earnings Release and Conference Call Information

WINTER PARK, Fla., Jan. 12, 2023 (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...

1 year ago - GlobeNewsWire

Alpine Income Property Trust Announces 2022 Transaction Activity and Provides Corporate Update

WINTER PARK, Fla., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced its 2022 acquisition and disposition activities and provided a corp...

1 year ago - GlobeNewsWire

Alpine Income Property Trust Declares Dividend For the Fourth Quarter 2022

WINTER PARK, Fla., Nov. 22, 2022 (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...

1 year ago - GlobeNewsWire

Alpine Income Property Trust Reports Third Quarter 2022 Operating Results

WINTER PARK, Fla., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced its operating results and earnings for the quarter ended ...

1 year ago - GlobeNewsWire