
PINE Stock Forecast & Price Target
PINE Analyst Ratings
Bulls say
Alpine Income Property Trust Inc. has reported a slight increase in the percentage of annualized base rent (ABR) derived from its top two tenants, Dick's Sporting Goods and Lowe's, indicating a stable and reliable tenant base that contributes to revenue stability. The company has also improved its guidance for fiscal year 2025, anticipating investments of $200-$230 million, which reflects growing confidence in its ability to identify and capitalize on lucrative opportunities. Furthermore, the firm has demonstrated a commitment to returning capital to shareholders through its share repurchase program, having repurchased over 272,000 shares, underscoring its strong financial standing and strategic financial management.
Bears say
Alpine Income Property Trust Inc. is facing a negative outlook primarily due to its declining proportion of investment-grade (IG) assets in the adjusted base rent (ABR), which could lead to heightened exit cash cap rates returning to historical levels significantly above current rates. Additionally, the company's ongoing efforts to minimize its exposure to Walgreens, which has dropped to approximately 6.6% of ABR, may not be sufficient to stabilize revenue streams in the face of shifting market dynamics. Lastly, the increased leverage risk associated with fluctuating interest rates could adversely affect returns to common shareholders, compounding the challenges presented by a potentially prolonged economic downturn and general market volatility in commercial real estate.
This aggregate rating is based on analysts' research of Alpine Income Property Trust and is not a guaranteed prediction by Public.com or investment advice.
PINE Analyst Forecast & Price Prediction
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