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 Income Property Trust has grown significantly since 2019, which has led to solid dividend growth. The REIT is externally managed by CTO Growth Realty, which still owns 14% of the REITs shares.

Alpine Income Property Trust: Take A Pass On This Externally Managed REIT

Mullen Group Ltd. [PINE] Q4 2022 Earnings Conference Call February 10, 2023 9:00 AM ET Company Participants John Albright - President & CEO Matt Partridge - CFO Conference Call Participants Gaurav Mehta - EF Hutton Group Rob Stevenson - Janney Montgomery Scott RJ Milligan - Raymond James Matthew Erdner - JonesTrading Michael Gorman - BTIG Wes Golladay - Robert W.

Alpine Income Property Trust, Inc. (PINE) Q4 2022 Earnings Call Transcript

Alpine Income (PINE) delivered FFO and revenue surprises of -5.13% and 0.39%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Alpine Income (PINE) Q4 FFO Lag Estimates

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 year ended December 31, 2022.

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

Following Bed Bath & Beyond's default, investors are concerned that more large retailers will face financial strain in 2023. Retail REITs like Alpine Income Properties carry elevated risk exposure due to high concentration in "Big Box" retail properties.

Alpine Income Property: Overvalued After Accounting For Risk Exposure

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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 fourth quarter and full year 2022 after the market closes on Thursday, February 9, 2023. A conference call to discuss its financial and operating results is scheduled for Friday, February 10, 2023 at 9:00 AM ET.

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

Alpine Income's (PINE) acquisition of properties with investment-grade tenants and a long lease term will enable it to enjoy recurring revenues over the lease term.

Alpine Income (PINE) Completes $187.4M Acquisitions in 2022

PINE recovered from its battering in early October. Given its undervaluation versus its peers, astute investors likely seized an amazing opportunity. The company's updated transaction report suggests total disposition volume came in below the midpoint of its guidance range.

Alpine Income Property: Huge Upside Already Captured

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 corporate update.

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

Alpine Income Property is a micro-cap triple-net lease REIT with a nearly 6% dividend yield. It has a portfolio of 149 retail properties spread across 35 states.

Alpine Income Property: Consider Climbing The 5.7% Yield In 2023

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Alpine Income (PINE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Alpine Income (PINE) Rating Upgrade to Buy

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The company has reported revenue of $11.52 million, a 41% jump compared to Q3 2021 revenue of $8.17 million. The company pays $1.09 per share, equivalent to a dividend yield of 5.84%.

Alpine Income Property: Buy For Huge Upside And Solid Dividend Yield

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 declared a quarterly cash dividend of $0.275 per share of common stock for the fourth quarter of 2022 (the “Common Stock Cash Dividend”).

Alpine Income Property Trust Declares Dividend For the Fourth Quarter 2022

From a P/FFO standpoint, the company is undervalued relative to its peers, probably due to its external management. Such discrepancy shouldn't exist, as the current management agreement supports shareholder and external manager interest alignment.

Alpine Income Property Trust: Recent Earnings Reveal Double-Digit Upside Potential

Alpine Income Property Trust, Inc. (NYSE:PINE ) Q3 2022 Earnings Conference Call October 21, 2022 9:00 AM ET Company Participants Matt Partridge - Chief Financial Officer John Albright - President and Chief Executive Officer Conference Call Participants Rob Stevenson - Janney Montgomery Scott RJ Milligan - Raymond James Jason Stewart - Jones Trading Craig Kucera - B. Riley Securities Operator Good day and thank you for standing by.

Alpine Income Property Trust, Inc. (PINE) Q3 2022 Earnings Call Transcript

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 September 30, 2022.

Alpine Income Property Trust Reports Third Quarter 2022 Operating Results

WINTER PARK, Fla., Oct. 11, 2022 (GLOBE NEWSWIRE) --  Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today provided an update on its recent corporate and investment activities:

Alpine Income Property Trust Provides Corporate Update

WINTER PARK, Fla., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced that it has successfully amended and restated its senior unsecured Credit Facility. The Credit Facility was increased to $350 million and is comprised of a $250 million unsecured revolving credit facility (the “Revolver”) and the Company's existing $100 million unsecured term loan (the “2027 Term Loan”) (together, the “Credit Facility”). The Credit Facility includes an accordion option that allows the Company to request additional Revolver and 2027 Term Loan lender commitments up to a total of $750 million. The Company's existing $100 million 2026 senior unsecured term loan will remain outstanding through maturity in January of 2026.

Alpine Income Property Trust Announces Expanded $350 Million Credit Facility

WINTER PARK, Fla., Sept. 23, 2022 (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 2022 after the market closes on Thursday, October 20, 2022. A conference call to discuss its financial and operating results is scheduled for Friday, October 21, 2022 at 9:00 AM ET.

ALPINE INCOME PROPERTY TRUST ANNOUNCES THIRD QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL INFORMATION

PINE was a recent name that showed up on our monthly screening list. PINE is a fairly new REIT; it was a diversified REIT but has become a pure retail REIT after disposing of its office exposure.

Alpine Income Property Trust: An Interesting Microcap Retail REIT

WINTER PARK, Fla., Aug. 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 declared a quarterly cash dividend of $0.275 per share of common stock for the third quarter of 2022 (the “Common Stock Cash Dividend”), which represents a 1.9% increase as compared to the Company's previous quarterly cash dividend of $0.27 per share of common stock.

Alpine Income Property Trust Increases Quarterly Dividend By 1.9% and Declares Dividend For the Third Quarter 2022

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SRC and PINE are the two cheapest and highest yielding net lease REITs in their comparable peer group. I compare and contrast portfolio and balance sheet metrics for each one to see which REIT comes out on top in various categories.

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