Alpine Income Property Trust Inc. (PINE)
NYSE NYSE Primary 
Alpine Income Property Trust: An Undervalued REIT With Top Retail Names As Tenants
Alpine Income Property Trust gets a buy rating for my initial coverage, as I continue my look into various types of REITs. Notables include high occupancy levels, portfolio growth and national diversification, and a tenant roster of top-tier retail names like Dick's and Walmart. Besides a solid EBITDA margin within its sector, and proven 5-year dividend growth, operating cashflow also has been positive.
Alpine Income Property Trust Declares Dividend for the Second Quarter 2025
WINTER PARK, Fla., May 27, 2025 (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 $0.285 per share of common stock for the second quarter of 2025 (the “Common Stock Cash Dividend”).
Alpine Income Property Trust, Inc. (PINE) Q1 2025 Earnings Call Transcript
Alpine Income Property Trust, Inc. (NYSE:PINE ) Q1 2025 Earnings Conference Call April 25, 2025 9:00 AM ET Company Participants John Albright – President and Chief Executive Officer Philip Mays – Senior Vice President, Chief Financial Officer and Treasurer Steven Greathouse – Senior Vice President-Investments Conference Call Participants Michael Goldsmith – UBS Matthew Erdner – JonesTrading Rob Stevenson – Janney Montgomery Scott Wesley Golladay – Baird Gaurav Mehta – Alliance Global Partners RJ Milligan – Raymond James John Massocca – B. Riley Securities Operator Good day, and welcome to the Alpine First Quarter 2025 Earnings Call.
Alpine Income (PINE) Tops Q1 FFO and Revenue Estimates
Alpine Income (PINE) came out with quarterly funds from operations (FFO) of $0.44 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to FFO of $0.41 per share a year ago.
Alpine Income Property Trust Reports First Quarter 2025 Operating and Financial Results
- Closed Investments of $79.2 million at a weighted average initial cash yield of 9.0% - - Increased Dividend Q1 2025 - - First Quarter Net Loss of $(0.08) per diluted share and FFO and AFFO of $0.44 per diluted share -
Alpine Income's Q1 Investments Total $79.2M, Dispositions Reach $11.7M
PINE provides an update on its Q1 investment and disposition activities, which display its prudent capital-management practices.
Alpine Income Property Trust Announces First Quarter 2025 Transaction Activity and Balance Sheet Update
WINTER PARK, Fla., April 02, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced its investment and disposition activities for the first quarter of 2025 and provided a balance sheet update.
Alpine: Don't Fret The Disposition Losses & Systematic Pressures
Alpine Income Property Trust, Inc. remains under-the-radar despite its strong profile, high occupancy rate, and long lease terms agreements. The REIT faces macroeconomic headwinds, including late-cycle economic growth and flimsy consumer sentiment. However, PINE's portfolio construction and financing capabilities might mitigate such risks. Our concerns include a high leverage ratio, exposure to non-investment grade tenants, and potential counter-party risk uncertainty from Walgreens' take-private deal.
Alpine Income Property Trust Announces First Quarter 2025 Earnings Release and Conference Call Information
WINTER PARK, Fla., March 27, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that it will report its financial and operating results for the first quarter of 2025 after the market closes on Thursday, April 24, 2025. A conference call to discuss its financial and operating results is scheduled for Friday, April 25, 2025 at 9:00 AM ET.
Alpine Income Property: High Yield Spells Opportunity
Alpine Income Property Trust offers a high 7% yield and is trading at a discount with a forward P/FFO of 9.4. PINE has a strong portfolio with 98% occupancy, long lease terms, and over 60% of ABR from top 10 MSAs. Risks include higher leverage and external management, but these are mitigated by prudent asset management and a path to deleveraging.
Alpine Income Property: Understanding The New Share Repurchase Program (Rating Downgrade)
PINE's share repurchase program aims to unlock value but faces challenges due to high leverage and limited retained earnings. PINE's AFFO yield over 10% makes share repurchases more attractive than new asset acquisitions, but the impact may be minimal. PINE's high debt levels and reliance on issuing shares for growth complicate its financial strategy and shareholder value creation.
Alpine Income Property Trust Announces Approval of New $10 Million Common Stock Repurchase Program
WINTER PARK, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors approved a new common stock repurchase program (the “Program”). Under the Program, the Company may acquire shares of the Company's common stock, $0.01 par value per share (“Common Stock”), in the open market, from time to time, in block trades, or otherwise, for a total purchase price of up to $10,000,000. The Program does not require the Company to repurchase any dollar amount or number of shares of Common Stock and may be suspended or discontinued at any time.
