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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Alpine's Q4 earnings looked a bit light, as anticipated, following the bankruptcy of a tenant, Mountain Express. Management has made good progress backfilling Mountain Express' space and is now focused on high-grading its tenant base. Significant share buybacks in Q4 have boosted our NAV per share estimate, which we now believe provides an attractive margin of safety.

Alpine Income Property Trust: Climbing The Mountain (Rating Upgrade)

Alpine Income Property Trust reported flat revenues and FFO in line with analyst estimates for Q4 and full year 2023. The guidance for 2024 also came in line with estimates. Rental revenue dropped 5% YoY while FFO was slightly higher year over year, even with rising operating costs. The company grew its assets, income and dividends strongly since its IPO in 2019, even though share price is down almost -20% during the same period.

Alpine Income Property: Earnings Came Mostly In Line While Valuation Remains Cheap

Alpine Income Property Trust, Inc. (PINE) Q4 2023 Earnings Call Transcript

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 year ended December 31, 2023.

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

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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 fourth quarter and full year 2023 after the market closes on Thursday, February 8, 2024.

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

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Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Alpine Income (PINE) or Sunstone Hotel Investors (SHO). But which of these two stocks offers value investors a better bang for their buck right now?

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

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

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

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

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PINE is a growth-focused triple-net retail REIT externally managed by CTO Realty Growth. A tenant bankruptcy and negative guidance revision are weighing on shares. While valuation is appealing on a standalone basis, CTO is the best way to gain exposure to PINE, while earning a higher yield.

Alpine Income Property Trust: I'd Rather Own It Through CTO

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%.

Alpine Income Property Trust Declares Dividend For the Fourth Quarter 2023

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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 first mortgage (the “Loan”) secured by 41 retail properties located throughout the United States (the “Portfolio”).

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

Alpine Income Property Trust is a small cap REIT that owns and operates single-tenant net leased retail properties. The company experienced an excessive drop in share price after the bankruptcy of one of its small tenants and a cut in earnings guidance for the year. Alpine's current portfolio includes properties in 35 states, with major tenants like Lowe's, Walmart, and DICK'S Sporting Goods.

Alpine Income Property: Still A Long-Term Buy, Despite Current Headwinds

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Alpine Income Property Trust, Inc. (PINE) Q3 2023 Earnings Call Transcript

Alpine Income (PINE) came out with quarterly funds from operations (FFO) of $0.37 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to FFO of $0.40 per share a year ago.

Alpine Income (PINE) Lags Q3 FFO and Revenue Estimates

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 September 30, 2023.

Alpine Income Property Trust Reports Third Quarter 2023 Operating Results

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Different World, Same Problems

Alpine Income Property Trust, Inc.'s straight-line lease agreements and fixed-rate debt obligations provide it with a significant advantage in a tough interest-rate environment. As a cash-heavy investment fund, Alpine possesses the opportunity to securing high-yielding acquisitions while commercial real estate valuations compress. Alpine's dividend profile is alluring. Moreover, an absolute valuation suggests the REIT is undervalued.

Alpine Income Property: Talk About Best-In-Class

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 third quarter of 2023 after the market closes on Thursday, October 19, 2023. A conference call to discuss its financial and operating results is scheduled for Friday, October 20, 2023 at 9:00 AM ET.

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

This is a low-risk income investor play, with ample room for share price appreciation. This small cap retail REIT has grown its portfolio from 29 to 143 properties in 4 years. The current dividend of 6.32% is increasing faster than inflation.

Alpine Income Property Trust: Get An Undervalued Quality REIT With A 6.3% Yield

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 declared a quarterly cash dividend of $0.275 per share of common stock for the third quarter of 2023 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 6.5% based on the closing price of the common stock on August 22, 2023.

Alpine Income Property Trust Declares Dividend For the Third Quarter 2023

Alpine Income Property Trust is a viable option for individuals looking to gain exposure to real estate without the high costs. PINE has a well-covered dividend, a diverse portfolio of cash-flowing tenants, and is currently undervalued. The company has experienced significant dividend growth of 37.5% since its IPO and has strategically positioned its properties in high-income areas.

Alpine Income Property: Buying The Dip On This REIT

News for Alpine Income Property Trust Stock (PINE)