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Alpine Income Property Trust NYSE:PINE Stock Report

Last Price

US$17.07

Market Cap

US$263.4m

7D

2.4%

1Y

12.4%

Updated

04 Feb, 2025

Data

Company Financials +

Alpine Income Property Trust, Inc.

NYSE:PINE Stock Report

Market Cap: US$263.4m

PINE Stock Overview

Alpine Income Property Trust, Inc. (the “Company” or “PINE”) is a real estate investment trust (“REIT”) that owns and operates a high-quality portfolio of commercial net lease properties. More details

PINE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends4/6

Rewards

Trading at 39% below our estimate of its fair value

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 43.8% per year for the next 3 years

Significant insider selling over the past 3 months

Large one-off items impacting financial results

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Alpine Income Property Trust, Inc. Competitors

CTO Realty Growth

NYSE:CTO

US$592.3m

One Liberty Properties

NYSE:OLP

US$549.6m

Lightstone Value Plus REIT V

OTCPK:LVVP

US$110.6m

Gladstone Commercial

NasdaqGS:GOOD

US$708.6m

Price History & Performance

Summary of share price highs, lows and changes for Alpine Income Property Trust
Historical stock prices
Current Share PriceUS$17.07
52 Week HighUS$19.42
52 Week LowUS$14.33
Beta0.82
1 Month Change0.89%
3 Month Change-5.06%
1 Year Change12.38%
3 Year Change-11.46%
5 Year Change-11.78%
Change since IPO-10.16%

Recent News & Updates

Alpine Income's Q4 Earnings: What To Expect

Jan 30

Alpine Income Property Trust: Dividend Growth Rooted In Portfolio Quality

Jan 17

Alpine Income Property: Improved Portfolio Quality Results In Growth Potential

Nov 27

Recent updates

Alpine Income's Q4 Earnings: What To Expect

Jan 30

Alpine Income Property Trust: Dividend Growth Rooted In Portfolio Quality

Jan 17

Alpine Income Property: Improved Portfolio Quality Results In Growth Potential

Nov 27

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

Oct 15

Alpine Income Property: Long-Term Momentum Likely

Aug 16

Alpine Income Property: Double Digit Upside But Tenant Portfolio Could Be Improved (Downgrade)

Jun 21

Neutral View On Alpine Income Property Trust As There Are Better Alternatives

Jun 10

Alpine Income Property Trust: This REIT Looks Buyable

Apr 02

Alpine Income Property Trust: Downgraded To Market Perform

Mar 16

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

Feb 14

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

Nov 24

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

Nov 03

Alpine Income Property: Talk About Best-In-Class

Oct 03

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

Sep 01

Alpine Income Property: Buying The Dip On This REIT

Aug 16

Alpine Income Property: Wake Up And Smell The Fresh 7% Yield

Jun 16

Alpine Income Property Trust declares $0.275 dividend

Feb 22

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

Feb 12

Alpine Income Property: Overvalued After Accounting For Risk Exposure

Feb 01

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

Jan 02

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

Nov 01

Alpine Income Property Trust FFO of $0.40 beats by $0.02, revenue of $11.53M beats by $1.01M

Oct 20

Alpine Income Property Trust expands $350M credit facility

Oct 03

Spirit Realty Vs. Alpine Income: Battle Of 2 High Yield Net Lease REITs

Aug 22

Alpine Income Property Trust Q2 2022 Earnings Preview

Jul 20

Alpine Income Property Trust: Assessment Unchanged

Jul 07

Shareholder Returns

PINEUS REITsUS Market
7D2.4%-0.6%-0.3%
1Y12.4%0.2%22.7%

Return vs Industry: PINE exceeded the US REITs industry which returned 1.1% over the past year.

Return vs Market: PINE underperformed the US Market which returned 22.2% over the past year.

Price Volatility

Is PINE's price volatile compared to industry and market?
PINE volatility
PINE Average Weekly Movement2.9%
REITs Industry Average Movement3.4%
Market Average Movement6.4%
10% most volatile stocks in US Market18.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: PINE has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PINE's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2019n/aJohn Albrightwww.alpinereit.com

Alpine Income Property Trust, Inc. (the “Company” or “PINE”) is a real estate investment trust (“REIT”) that owns and operates a high-quality portfolio of commercial net lease properties. The terms “us,” “we,” “our,” and “the Company” as used in this report refer to Alpine Income Property Trust, Inc. The Company is a Maryland corporation that was formed on August 19, 2019. The Company has no employees and is externally managed by Alpine Income Property Manager, LLC, a Delaware limited liability company and a wholly owned subsidiary of CTO Realty Growth, Inc. (our “Manager”).

Alpine Income Property Trust, Inc. Fundamentals Summary

How do Alpine Income Property Trust's earnings and revenue compare to its market cap?
PINE fundamental statistics
Market capUS$263.45m
Earnings (TTM)US$3.36m
Revenue (TTM)US$50.02m

72.5x

P/E Ratio

4.9x

P/S Ratio

Is PINE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PINE income statement (TTM)
RevenueUS$50.02m
Cost of RevenueUS$7.72m
Gross ProfitUS$42.30m
Other ExpensesUS$38.94m
EarningsUS$3.36m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 06, 2025

Earnings per share (EPS)0.24
Gross Margin84.57%
Net Profit Margin6.72%
Debt/Equity Ratio102.7%

How did PINE perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

59%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/04 07:50
End of Day Share Price 2025/02/04 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Alpine Income Property Trust, Inc. is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gaurav MehtaAlliance Global Partners
Wesley GolladayBaird
Craig KuceraB. Riley Securities, Inc.