Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 5/6 |
Past Performance | 4/6 |
Financial Health | 1/6 |
Dividends | 4/6 |
PINE Stock Overview
Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that acquires, owns and operates a portfolio of high-quality single-tenant net leased commercial income properties.
Rewards
Risk Analysis
Alpine Income Property Trust Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$18.39 |
52 Week High | US$21.07 |
52 Week Low | US$17.30 |
Beta | 0.83 |
1 Month Change | -4.52% |
3 Month Change | -1.60% |
1 Year Change | 4.02% |
3 Year Change | n/a |
5 Year Change | n/a |
Change since IPO | -3.21% |
Recent News & Updates
Alpine Income Property: Move The Needle With This 5.5% Yield
PINE has been busy on the acquisition front, adding mostly investment-grade-rated tenants. It's growing the top and bottom line in an accretive manner while transitioning to 100% retail. I also highlight the dividend, balance sheet, valuation, and other points worth considering.
Shareholder Returns
PINE | US REITs | US Market | |
---|---|---|---|
7D | -3.5% | -0.7% | -4.0% |
1Y | 4.0% | -1.3% | -13.2% |
Return vs Industry: PINE exceeded the US REITs industry which returned -2.1% over the past year.
Return vs Market: PINE exceeded the US Market which returned -12.3% over the past year.
Price Volatility
PINE volatility | |
---|---|
PINE Average Weekly Movement | 2.8% |
REITs Industry Average Movement | 4.4% |
Market Average Movement | 7.8% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 2.9% |
Stable Share Price: PINE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PINE's weekly volatility (3%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2019 | n/a | John Albright | https://www.alpinereit.com |
Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that acquires, owns and operates a portfolio of high-quality single-tenant net leased commercial income properties.
Alpine Income Property Trust Fundamentals Summary
PINE fundamental statistics | |
---|---|
Market Cap | US$248.57m |
Earnings (TTM) | US$10.33m |
Revenue (TTM) | US$35.04m |
21.1x
P/E Ratio6.2x
P/S RatioIs PINE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
PINE income statement (TTM) | |
---|---|
Revenue | US$35.04m |
Cost of Revenue | US$4.11m |
Gross Profit | US$30.92m |
Other Expenses | US$20.59m |
Earnings | US$10.33m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 0.87 |
Gross Margin | 88.26% |
Net Profit Margin | 29.48% |
Debt/Equity Ratio | 133.9% |
How did PINE perform over the long term?
See historical performance and comparisonDividends
5.9%
Current Dividend Yield58%
Payout RatioValuation
Is Alpine Income Property Trust undervalued compared to its fair value and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PINE ($18.39) is trading below our estimate of fair value ($198.88)
Significantly Below Fair Value: PINE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PINE is good value based on its Price-To-Earnings Ratio (21.1x) compared to the US REITs industry average (32.4x).
PE vs Market: PINE is poor value based on its Price-To-Earnings Ratio (21.1x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: PINE is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: PINE is good value based on its Price-To-Book Ratio (1.1x) compared to the US REITs industry average (1.6x).
Future Growth
How is Alpine Income Property Trust forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
34.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PINE's forecast earnings growth (34.3% per year) is above the savings rate (1.9%).
Earnings vs Market: PINE's earnings (34.3% per year) are forecast to grow faster than the US market (12.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PINE's revenue (27.2% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: PINE's revenue (27.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PINE's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Alpine Income Property Trust performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
22.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PINE has a large one-off gain of $9.7M impacting its March 31 2022 financial results.
Growing Profit Margin: PINE's current net profit margins (29.5%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: PINE's earnings have grown significantly by 22.2% per year over the past 5 years.
Accelerating Growth: PINE's earnings growth over the past year (631.6%) exceeds its 5-year average (22.2% per year).
Earnings vs Industry: PINE earnings growth over the past year (631.6%) exceeded the REITs industry 69.5%.
Return on Equity
High ROE: PINE's Return on Equity (5%) is considered low.
Financial Health
How is Alpine Income Property Trust's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: PINE's short term assets ($17.4M) exceed its short term liabilities ($2.3M).
Long Term Liabilities: PINE's short term assets ($17.4M) do not cover its long term liabilities ($328.2M).
Debt to Equity History and Analysis
Debt Level: PINE's net debt to equity ratio (129.2%) is considered high.
Reducing Debt: Insufficient data to determine if PINE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PINE's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: PINE's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
Dividend
What is Alpine Income Property Trust current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
5.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PINE's dividend (5.87%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: PINE's dividend (5.87%) is in the top 25% of dividend payers in the US market (4.05%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PINE has been paying a dividend for less than 10 years.
Growing Dividend: PINE's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.8%), PINE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.9%), PINE's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
John Albright (55 yo)
2.75yrs
Tenure
Mr. John P. Albright serves as President, Chief Executive Officer and Director at Alpine Income Property Trust, Inc. since its formation in August 2019. He has served as a director of CTO since 2012 and ch...
Leadership Team
Experienced Management: PINE's management team is considered experienced (2.8 years average tenure).
Board Members
Experienced Board: PINE's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PINE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 47.8%.
Top Shareholders
Company Information
Alpine Income Property Trust, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Alpine Income Property Trust, Inc.
- Ticker: PINE
- Exchange: NYSE
- Founded: 2019
- Industry: Diversified REITs
- Sector: Real Estate
- Implied Market Cap: US$248.575m
- Market Cap: US$217.605m
- Shares outstanding: 13.54m
- Website: https://www.alpinereit.com
Location
- Alpine Income Property Trust, Inc.
- 1140 North Williamson Boulevard
- Suite 140
- Daytona Beach
- Florida
- 32114
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/24 00:00 |
End of Day Share Price | 2022/05/24 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.