Alpine Income Property Trust

Alpine Income Property Trust, Inc. is a real estate company, which owns and operates a portfolio of single-tenant commercial properties. The company was founded on August 19, 2019 and is headquartered in Winter Park, FL.

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Alpine Income Property Trust posts solid Q4 results and outlines growth strategy

Alpine Income Property Trust (PINE) delivered a strong performance in Q4 2022, with a focus on strategic asset management and financial stability.
The company's emphasis on portfolio enhancement, conservative growth targets, and prudent financial management underscores its commitment to long-term success.
While facing challenges in market dynamics, Alpine remains poised to capitalize on opportunities for growth and value creation through disciplined decision-making.

Alpine Income Property Trust reports solid Q1 performance and strategic growth outlook

Alpine Income Property Trust's Q1 performance reflects a proactive approach to portfolio management and financial strength, maintaining guidance and enhancing liquidity.
The company's strategic strengths lie in its high-quality tenant base, asset recycling strategy, and investor interest in its properties.
While facing challenges in leverage management and market dynamics, Alpine Income Property Trust has opportunities to optimize its portfolio and sustain positive earnings momentum.

Alpine Income Property Trust (PINE) excels in Q2 performance, eyes strategic growth

Alpine Income Property Trust (PINE) delivered a solid performance in Q2 2023, marked by strategic asset recycling, reduced leverage, and strong financial metrics.
While facing challenges such as lower FFO and AFFO compared to the previous year, the company remains well-positioned for growth and value creation.
Opportunities for Alpine Income Property Trust (PINE) include optimizing its portfolio, enhancing shareholder value, and exploring new growth avenues through acquisitions.
Overall, the company's proactive approach to market conditions and focus on sustainable growth underscore its resilience and potential for long-term success.

Alpine Income Property Trust reports resilient Q3 performance and revised guidance

Alpine Income Property Trust delivered a solid performance in Q3 2023, driven by strategic investments and high portfolio occupancy.
While facing challenges from increased expenses and a bankruptcy-related impairment, Alpine maintains financial strength and flexibility.
Revised guidance indicates management's confidence in navigating current headwinds and capitalizing on growth opportunities ahead.
By focusing on portfolio optimization and tenant quality, Alpine is well-positioned to deliver sustained value for investors in the long term.

Alpine Income Property Trust excels in Q4 2023 performance and strategic growth plans

Alpine Income Property Trust's Q4 2023 showcased strong performance and strategic initiatives, including asset recycling and portfolio transition.
The company's focus on first mortgage investments, common stock buybacks, and guidance for 2024 reflect a commitment to growth and shareholder value.
While facing challenges in execution and market conditions, Alpine Income Property Trust has opportunities to optimize its portfolio and capitalize on market dynamics.
Investors should monitor the company's progress in achieving its 2024 guidance targets and navigating potential challenges to assess future performance and value creation.

Alpine Income Property Trust (PINE) reports strong Q1 performance

Alpine Income Property Trust (PINE) delivered a strong performance in Q1 2024, supported by robust investment activities and a resilient portfolio.
While facing challenges in market dynamics and capital deployment, the company's strengths in dividend yield, guidance maintenance, and leadership vision are key assets.
By seizing opportunities in acquisitions, lease optimizations, and strategic decision-making, Alpine Income Property Trust can navigate challenges and drive long-term growth.

Alpine Income Property Trust excels in Q2 2024 earnings call

Alpine Income Property Trust's Q2 2024 earnings call highlighted a robust performance, strong balance sheet, and strategic growth initiatives.
The company's focus on high-quality assets, tenant diversification, and increased guidance underscore its commitment to shareholder value.
While challenges exist in a competitive market, Alpine Income Property Trust's opportunities for growth through acquisitions and strategic investments are promising.

Alpine Income Property Trust posts strong Q3 results and eyes growth opportunities

Alpine Income Property Trust (PINE) reported robust Q3 2024 performance, marked by significant increases in FFO and AFFO, strategic property acquisitions, and dividend growth.
Despite challenges in reducing exposure to certain tenants and potential weather-related risks, the company remains focused on optimizing its investment strategy and portfolio composition.
With a proactive approach to seizing opportunities in higher-yielding investments and structured loans, Alpine is poised for continued growth and value creation for its shareholders.

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EastGroup Properties

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Alpine Income (PINE) and EastGroup Properties (EGP). But which of these two stocks presents investors with the better value opportunity right now?

PINE vs. EGP: Which Stock Is the Better Value Option?

Although the revenue and EPS for Alpine Income (PINE) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Alpine Income (PINE) Q3 Earnings: A Look at Key Metrics

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 million, and 52% from IG-rated tenants. PINE's cost of capital is 150 bps higher than peers, yet it has grown AFFO through high cap rate acquisitions and asset recycling.

Alpine Income Property: A Strong Case For M&A

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, and the weighted average lease terms have been extended. Alpine's income from its loan book surged, diversifying and smoothing its revenue, while operating expenses dropped due to lower impairment provisions.

Alpine Income Property: Q3 Earnings Beats Assessed

Alpine Income Property Trust, Inc. (NYSE:PINE ) Q3 2024 Earnings Conference Call October 18, 2024 9:00 AM ET Company Participants John Albright - President, Chief Executive Officer, Director Phil Mays - Senior Vice President, Chief Financial Officer, Treasurer Conference Call Participants Michael Goldsmith - UBS RJ Milligan - Raymond James Wesley Golladay - Baird Rob Stevenson - Janney Montgomery Scott Matthew Erdner - Jones Trading John Massocca - B. Riley Securities Craig Kucera - Lucid Capital Markets Operator Good day!

Alpine Income Property Trust, Inc. (PINE) Q3 2024 Earnings Call Transcript

Alpine Income (PINE) came out with quarterly funds from operations (FFO) of $0.45 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to FFO of $0.37 per share a year ago.

Alpine Income (PINE) Surpasses Q3 FFO and Revenue Estimates

WINTER PARK, Fla., Oct. 17, 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 properties, today announced its operating results and earnings for the quarter ended September 30, 2024.

Alpine Income Property Trust Reports Third Quarter 2024 Operating Results

Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Alpine Income (PINE) and EastGroup Properties (EGP). But which of these two stocks is more attractive to value investors?

PINE or EGP: Which Is the Better Value Stock Right Now?

Alpine Income Property Trust, Inc. offers a well-covered 6.5% dividend yield, backed by a sub-70% payout ratio and a near-perfect 99% occupancy rate. Alpine's tenant base is strong, with 67% of rent from investment-grade tenants and long-term leases extending beyond 2032, ensuring stable cash flows. Despite elevated leverage at 7.4x EBITDA, PINE's liquidity, strategic asset locations, and growth opportunities mitigate financial risks.

Undervalued High Yield: Buying 6.5% Quality Income With Alpine Income Property

WINTER PARK, Fla., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced that Mark O. Decker, Jr., has notified the Company of his resignation from the Company's Board of Directors, effective October 4, 2024.

Alpine Income Property Trust Announces Resignation of Mark O. Decker, Jr. from Board of Directors

Alpine Income (PINE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -9.21% in 4 Weeks, Here's Why You Should You Buy the Dip in Alpine Income (PINE)

Alpine Income (PINE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Alpine Income (PINE) Upgraded to Strong Buy: Here's Why

WINTER PARK, Fla., Sept. 25, 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 third quarter of 2024 after the market closes on Thursday, October 17, 2024. The Company will host a conference call to discuss its financial and operating results for the third quarter of 2024 at 9:00 AM ET on Friday, October 18, 2024.

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

Alpine Income provides an update on its investment and disposition activities year to date, which displays its prudent capital-management practices.

Alpine Income's Q3 Investments Total $55M, Dispositions Reach $44M

WINTER PARK, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced updated third quarter and year-to-date 2024 investment and disposition activities.

Alpine Income Property Trust Announces Updated Third Quarter and Year-to-Date 2024 Transaction Activity

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Postal Realty Trust

Over my 15 years on Seeking Alpha, I've identified exceptional small-cap REITs like Ladder Capital and Whitestone Realty, yielding significant returns. Alpine Income Property Trust has a strong investment-grade tenant profile, but trades discounted due to its size and short history. Rated Hold. Postal Realty Trust offers a high yield and stable cash flow from USPS properties, trading below its normal AFFO multiple. Rated Buy.

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Gaming and Leisure Properties

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Alpine Income (PINE) and Gaming and Leisure Properties (GLPI). But which of these two companies is the best option for those looking for undervalued stocks?

PINE or GLPI: Which Is the Better Value Stock Right Now?

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QFIN, PINE, AXS, CAJPY and ATAT have been added to the Zacks Rank #1 (Strong Buy) List on September 11, 2024.

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AXS, QFIN, and PINE made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 11, 2024.

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Prologis

REITs trade on AFFO, but the market often overlooks the quality of AFFO growth, leading to mispricings. AFFO growth sources vary in quality; repeatable sources like rental rate growth are more valuable than one-time or cyclical gains. Capital structure changes like debt paydown and share buybacks can enhance AFFO quality by reducing risk and demonstrating management alignment.

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PINE, QFIN and SBSI made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 28, 2024.

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BPMUF, QFIN, CRNC, SN and PINE have been added to the Zacks Rank #1 (Strong Buy) List on August 28, 2024.

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Sabre

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Alpine Income (PINE) and Sabra Healthcare (SBRA). But which of these two companies is the best option for those looking for undervalued stocks?

PINE vs. SBRA: Which Stock Is the Better Value Option?

Broadstone Net Lease

In this article, I will highlight three small cap REITs that are poised to deliver solid total returns from dividends and capital appreciation: CTO Realty Growth, Alpine Income Property Trust, and Broadstone Net Lease. Focus on identifying high-yield small-cap REITs that avoid "sucker yields" and have the potential for long-term shareholder value growth through thorough research. As REITs continue to rally (and rates decline in September), we will continue to provide readers with more actionable ideas like these.

3 Small Cap REITs With Big Yields

WINTER PARK, Fla., Aug. 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 declared, a quarterly cash dividend of $0.280 per share of common stock for the third quarter of 2024 (the “Common Stock Cash Dividend”).

News for Alpine Income Property Trust Stock (PINE)