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Real Estate - REIT - Retail - NYSE - US
$ 17.64
-0.395 %
$ 252 M
Market Cap
76.7
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one PINE stock under the base case scenario is HIDDEN Compared to the current market price of 17.6 USD, Alpine Income Property Trust, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PINE

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FINANCIALS
45.6 M REVENUE
0.98%
13.1 M OPERATING INCOME
26.12%
3.27 M NET INCOME
-90.38%
25.6 M OPERATING CASH FLOW
4.02%
-13.6 M INVESTING CASH FLOW
64.98%
-11.4 M FINANCING CASH FLOW
-64.37%
13.5 M REVENUE
7.93%
6.46 M OPERATING INCOME
136.11%
3.35 M NET INCOME
1544.12%
6.21 M OPERATING CASH FLOW
-22.48%
-1.91 M INVESTING CASH FLOW
-26.44%
17.4 M FINANCING CASH FLOW
314.53%
Balance Sheet Decomposition Alpine Income Property Trust, Inc.
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Current Assets 54.9 M
Cash & Short-Term Investments 4.02 M
Receivables 2.22 M
Other Current Assets 48.7 M
Non-Current Assets 49.3 M
Long-Term Investments 0
PP&E 1.43 M
Other Non-Current Assets 47.9 M
Current Liabilities 3.17 M
Accounts Payable 30 K
Short-Term Debt 0
Other Current Liabilities 3.14 M
Non-Current Liabilities 284 M
Long-Term Debt 282 M
Other Non-Current Liabilities 1.71 M
EFFICIENCY
Earnings Waterfall Alpine Income Property Trust, Inc.
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Revenue 45.6 M
Cost Of Revenue 6.58 M
Gross Profit 39.1 M
Operating Expenses 21.6 M
Operating Income 13.1 M
Other Expenses 9.88 M
Net Income 3.27 M
RATIOS
85.58% GROSS MARGIN
85.58%
28.79% OPERATING MARGIN
28.79%
6.39% NET MARGIN
6.39%
1.16% ROE
1.16%
0.52% ROA
0.52%
2.50% ROIC
2.50%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Alpine Income Property Trust, Inc.
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Net Income 3.27 M
Depreciation & Amortization 25.3 M
Capital Expenditures 0
Stock-Based Compensation 318 K
Change in Working Capital 2.14 M
Others -3.95 M
Free Cash Flow 25.6 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Alpine Income Property Trust, Inc.
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Wall Street analysts predict an average 1-year price target for PINE of $19 , with forecasts ranging from a low of $18 to a high of $20.2 .
PINE Lowest Price Target Wall Street Target
18 USD 2.04%
PINE Average Price Target Wall Street Target
19 USD 7.95%
PINE Highest Price Target Wall Street Target
20.2 USD 14.80%
4. DIVIDEND ANALYSIS
1.53% DIVIDEND YIELD
0.28 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Alpine Income Property Trust, Inc.
image
Sold
0-3 MONTHS
18.1 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
6.18 USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
446 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Sep 30, 2024
Sell 18.1 K USD
Richardson Andrew C
Director
- 1000
18.1485 USD
4 months ago
Jul 09, 2024
Bought 98.4 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 6562
14.994 USD
4 months ago
Jul 05, 2024
Bought 93.9 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 6262
14.9968 USD
4 months ago
Jun 27, 2024
Bought 119 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 7959
14.9693 USD
5 months ago
Jun 14, 2024
Bought 118 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 7900
14.9184 USD
5 months ago
Jun 13, 2024
Bought 12.4 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 830
14.9866 USD
5 months ago
May 29, 2024
Bought 1.54 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 103
14.97 USD
5 months ago
May 28, 2024
Bought 2.86 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 191
15 USD
9 months ago
Feb 16, 2024
Sell 6.18 USD
Decker Mark Okey Jr
Director
- 0.385
16.05 USD
1 year ago
Jun 05, 2023
Bought 12.1 K USD
Albright John P
PRESIDENT AND CEO
+ 745
16.25 USD
1 year ago
Jun 02, 2023
Bought 68.7 K USD
Albright John P
PRESIDENT AND CEO
+ 4255
16.1386 USD
1 year ago
Apr 26, 2023
Bought 31.2 K USD
Decker Mark Okey Jr
Director
+ 2000
15.6 USD
1 year ago
Mar 24, 2023
Bought 15.8 K USD
Decker Mark Okey Jr
Director
+ 1000
15.82 USD
1 year ago
Mar 20, 2023
Bought 206 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 12639
16.3052 USD
1 year ago
Mar 17, 2023
Bought 371 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 23113
16.0592 USD
1 year ago
Mar 16, 2023
Bought 376 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 23350
16.1052 USD
1 year ago
Mar 16, 2023
Bought 16 K USD
Decker Mark Okey Jr
Director
+ 1000
16.02 USD
1 year ago
Mar 15, 2023
Bought 379 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 23385
16.2047 USD
1 year ago
Mar 14, 2023
Bought 382 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 23385
16.3238 USD
1 year ago
Mar 13, 2023
Bought 382 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 23385
16.3301 USD
2 years ago
Oct 24, 2022
Bought 28 K USD
CTO Realty Growth, Inc.
Director
+ 1580
17.7364 USD
2 years ago
Oct 21, 2022
Bought 34.4 K USD
CTO Realty Growth, Inc.
Director
+ 2000
17.2195 USD
2 years ago
Oct 20, 2022
Bought 34.1 K USD
CTO Realty Growth, Inc.
Director
+ 2000
17.037 USD
2 years ago
Oct 19, 2022
Bought 33.8 K USD
CTO Realty Growth, Inc.
Director
+ 2000
16.9234 USD
2 years ago
Oct 18, 2022
Bought 34.1 K USD
CTO Realty Growth, Inc.
Director
+ 2000
17.05 USD
2 years ago
Oct 17, 2022
Bought 33.2 K USD
CTO Realty Growth, Inc.
Director
+ 2000
16.6195 USD
2 years ago
Oct 14, 2022
Bought 32.2 K USD
CTO Realty Growth, Inc.
Director
+ 1990
16.1724 USD
2 years ago
Oct 13, 2022
Bought 25.6 K USD
CTO Realty Growth, Inc.
Director
+ 1594
16.0494 USD
2 years ago
Oct 12, 2022
Bought 31.5 K USD
CTO Realty Growth, Inc.
Director
+ 1990
15.8275 USD
2 years ago
Oct 11, 2022
Bought 19.5 K USD
CTO Realty Growth, Inc.
Director
+ 1239
15.73 USD
2 years ago
Oct 10, 2022
Bought 31.6 K USD
CTO Realty Growth, Inc.
Director
+ 1990
15.8693 USD
2 years ago
Oct 07, 2022
Bought 25.5 K USD
CTO Realty Growth, Inc.
Director
+ 1600
15.9133 USD
2 years ago
Oct 06, 2022
Bought 26.5 K USD
CTO Realty Growth, Inc.
Director
+ 1695
15.6626 USD
2 years ago
Oct 05, 2022
Bought 31.9 K USD
CTO Realty Growth, Inc.
Director
+ 2000
15.9427 USD
2 years ago
Oct 04, 2022
Bought 31 K USD
CTO Realty Growth, Inc.
Director
+ 1854
16.7274 USD
2 years ago
Sep 29, 2022
Bought 32.8 K USD
CTO Realty Growth, Inc.
director:
+ 2000
16.4013 USD
2 years ago
Sep 29, 2022
Bought 27.9 K USD
CTO Realty Growth, Inc.
director:
+ 1700
16.4074 USD
2 years ago
Sep 29, 2022
Bought 27.4 K USD
CTO Realty Growth, Inc.
director:
+ 1700
16.1289 USD
2 years ago
Jul 15, 2022
Bought 751 USD
CTO Realty Growth, Inc.
director:
+ 43
17.4598 USD
2 years ago
Jul 12, 2022
Bought 5.31 K USD
CTO Realty Growth, Inc.
director:
+ 310
17.1435 USD
2 years ago
Jul 07, 2022
Bought 14.4 K USD
CTO Realty Growth, Inc.
director:
+ 832
17.2514 USD
2 years ago
Jul 01, 2022
Bought 34.9 K USD
CTO Realty Growth, Inc.
director:
+ 2000
17.4459 USD
2 years ago
Jun 28, 2022
Bought 3.26 K USD
CTO Realty Growth, Inc.
director:
+ 184
17.736 USD
2 years ago
Jun 23, 2022
Bought 10.9 K USD
CTO Realty Growth, Inc.
director:
+ 622
17.5445 USD
2 years ago
Jun 17, 2022
Bought 110 K USD
CTO Realty Growth, Inc.
director:
+ 6271
17.5331 USD
2 years ago
Jun 14, 2022
Bought 118 K USD
CTO Realty Growth, Inc.
director:
+ 6800
17.404 USD
2 years ago
Jun 09, 2022
Bought 1.8 K USD
CTO Realty Growth, Inc.
director:
+ 100
18 USD
2 years ago
May 11, 2022
Bought 3.88 K USD
CTO Realty Growth, Inc.
director:
+ 216
17.95 USD
2 years ago
May 05, 2022
Bought 49.2 K USD
CTO Realty Growth, Inc.
director:
+ 2666
18.4684 USD
2 years ago
May 02, 2022
Bought 66.5 K USD
CTO Realty Growth, Inc.
director:
+ 3600
18.4761 USD
2 years ago
Apr 14, 2022
Bought 31.6 K USD
CTO Realty Growth, Inc.
director:
+ 1709
18.4704 USD
2 years ago
Apr 11, 2022
Bought 136 K USD
CTO Realty Growth, Inc.
director:
+ 7400
18.3521 USD
2 years ago
Mar 25, 2022
Bought 22 K USD
CTO Realty Growth, Inc.
director:
+ 1191
18.4952 USD
2 years ago
Mar 24, 2022
Bought 37.2 K USD
Smith Daniel Earl
director: SVP, GEN COUNSEL & CORP SECRET
+ 2000
18.6 USD
2 years ago
Feb 24, 2022
Bought 64.1 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 3474
18.4646 USD
2 years ago
Dec 03, 2021
Bought 16.3 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 922
17.7124 USD
2 years ago
Dec 02, 2021
Bought 17.7 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 1000
17.7408 USD
2 years ago
Dec 01, 2021
Bought 86.5 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 4916
17.6034 USD
2 years ago
Nov 22, 2021
Bought 22.2 K USD
CTO Realty Growth, Inc.
10 percent owner
+ 1250
17.7444 USD
3 years ago
Dec 15, 2020
Bought 10.2 K USD
PARTRIDGE MATTHEW MORRIS
SR. VP, CFO & TREASURER
+ 685
14.95 USD
3 years ago
Dec 15, 2020
Bought 14.7 K USD
PARTRIDGE MATTHEW MORRIS
SR. VP, CFO & TREASURER
+ 973
15.15 USD
4 years ago
Oct 29, 2020
Bought 13.9 K USD
Decker Mark Okey Jr
Director
+ 1000
13.915 USD
4 years ago
May 13, 2020
Bought 11.2 K USD
Smith Daniel Earl
SVP, GEN COUNSEL & CORP SECRET
+ 1000
11.1751 USD
4 years ago
May 04, 2020
Bought 12 K USD
Greathouse Steven Robert
SVP - INVESTMENTS
+ 1000
12 USD
4 years ago
Mar 13, 2020
Bought 1.33 K USD
Smith Daniel Earl
SVP, GEN COUNSEL & CORP SECRET
+ 100
13.32 USD
4 years ago
Mar 12, 2020
Bought 10.8 K USD
Smith Daniel Earl
SVP, GEN COUNSEL & CORP SECRET
+ 800
13.5 USD
4 years ago
Mar 12, 2020
Bought 2.75 K USD
Smith Daniel Earl
SVP, GEN COUNSEL & CORP SECRET
+ 200
13.75 USD
4 years ago
Mar 12, 2020
Bought 2.78 K USD
Smith Daniel Earl
SVP, GEN COUNSEL & CORP SECRET
+ 200
13.9 USD
4 years ago
Mar 13, 2020
Bought 6.64 K USD
Patten Mark E
SVP, CFO AND TREASURER
+ 500
13.282 USD
4 years ago
Mar 12, 2020
Bought 6.9 K USD
Patten Mark E
SVP, CFO AND TREASURER
+ 500
13.8076 USD
4 years ago
Mar 13, 2020
Bought 13.4 K USD
Decker Mark Okey Jr
Director
+ 1000
13.419 USD
4 years ago
Mar 11, 2020
Bought 16 K USD
Greathouse Steven Robert
SVP - INVESTMENTS
+ 1000
15.999 USD
4 years ago
Mar 03, 2020
Bought 17.9 K USD
Decker Mark Okey Jr
Director
+ 1000
17.8625 USD
4 years ago
Mar 03, 2020
Bought 35.6 K USD
Smith Daniel Earl
SVP, GEN COUNSEL & CORP SECRET
+ 2000
17.8 USD
4 years ago
Mar 03, 2020
Bought 16 K USD
Albright John P
PRESIDENT AND CEO
+ 900
17.81 USD
4 years ago
Mar 03, 2020
Bought 1.78 K USD
Albright John P
PRESIDENT AND CEO
+ 100
17.82 USD
4 years ago
Mar 03, 2020
Bought 34.5 K USD
Albright John P
PRESIDENT AND CEO
+ 1944
17.76 USD
4 years ago
Mar 02, 2020
Bought 36.2 K USD
Greathouse Steven Robert
SVP - INVESTMENTS
+ 2000
18.08 USD
4 years ago
Mar 02, 2020
Bought 18.2 K USD
Greathouse Steven Robert
SVP - INVESTMENTS
+ 1000
18.25 USD
4 years ago
Dec 12, 2019
Bought 18.7 K USD
Smith Daniel Earl
SVP, GEN COUNSEL & CORP SECRET
+ 1000
18.73 USD
4 years ago
Dec 12, 2019
Bought 41.7 K USD
Greathouse Steven Robert
SVP - INVESTMENTS
+ 2240
18.618 USD
4 years ago
Dec 06, 2019
Bought 18.7 K USD
Decker Mark Okey Jr
Director
+ 1000
18.6962 USD
7. News
Alpine Income Property Trust Announces Changes to Board of Directors WINTER PARK, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced that Jeffrey S. Yarckin has notified the Company of his resignation from the Company's Board of Directors, effective November 8, 2024. The Company today also announced the appointment of Brenna A. Wadleigh to the Company's Board of Directors, effective November 8, 2024. globenewswire.com - 3 days ago
Alpine Income Property Trust Announces Fourth Quarter Investment Activity WINTER PARK, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income properties, today announced updated fourth quarter and year-to-date 2024 investment and disposition activities. globenewswire.com - 4 days ago
PINE vs. EGP: Which Stock Is the Better Value Option? Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Alpine Income (PINE) and EastGroup Properties (EGP). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 2 weeks ago
Trick Or Treat: 3 High-Yielding REITs Armada Hoffler Properties is a high-risk, high-reward REIT with a 7.28% dividend yield, focusing on mixed-use ecosystems in Mid-Atlantic markets. Broadstone Net Lease offers stability with a diversified portfolio, strong balance sheet, and a 6.31% dividend yield, trading discounted to peers. CTO Realty Growth, a small-cap REIT, focuses on retail properties in high-growth sunbelt markets, offering a well-covered 7.81% dividend yield. seekingalpha.com - 3 weeks ago
Compared to Estimates, Alpine Income (PINE) Q3 Earnings: A Look at Key Metrics Although the revenue and EPS for Alpine Income (PINE) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 3 weeks ago
Alpine Income Property: A Strong Case For M&A Initiated a Strong Spec Buy on Alpine Income Property, with shares trading at $10.64 and a P/FFO of 9.5x. PINE has grown from 24 properties to 133, with ABR increasing from $13.3 million to $41.5 million, and 52% from IG-rated tenants. PINE's cost of capital is 150 bps higher than peers, yet it has grown AFFO through high cap rate acquisitions and asset recycling. seekingalpha.com - 3 weeks ago
Alpine Income Property: Q3 Earnings Beats Assessed Alpine Income Property Trust, Inc.'s Q3 earnings beat estimates, leading to upgraded guidance for 2024. The REIT's portfolio occupancy has decreased, but the average rent per square foot has increased, and the weighted average lease terms have been extended. Alpine's income from its loan book surged, diversifying and smoothing its revenue, while operating expenses dropped due to lower impairment provisions. seekingalpha.com - 4 weeks ago
Alpine Income Property Trust, Inc. (PINE) Q3 2024 Earnings Call Transcript Alpine Income Property Trust, Inc. (NYSE:PINE ) Q3 2024 Earnings Conference Call October 18, 2024 9:00 AM ET Company Participants John Albright - President, Chief Executive Officer, Director Phil Mays - Senior Vice President, Chief Financial Officer, Treasurer Conference Call Participants Michael Goldsmith - UBS RJ Milligan - Raymond James Wesley Golladay - Baird Rob Stevenson - Janney Montgomery Scott Matthew Erdner - Jones Trading John Massocca - B. Riley Securities Craig Kucera - Lucid Capital Markets Operator Good day! seekingalpha.com - 4 weeks ago
Alpine Income (PINE) Surpasses Q3 FFO and Revenue Estimates Alpine Income (PINE) came out with quarterly funds from operations (FFO) of $0.45 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to FFO of $0.37 per share a year ago. zacks.com - 1 month ago
Alpine Income Property Trust Reports Third Quarter 2024 Operating Results WINTER PARK, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income properties, today announced its operating results and earnings for the quarter ended September 30, 2024. globenewswire.com - 1 month ago
PINE or EGP: Which Is the Better Value Stock Right Now? Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Alpine Income (PINE) and EastGroup Properties (EGP). But which of these two stocks is more attractive to value investors? zacks.com - 1 month ago
Undervalued High Yield: Buying 6.5% Quality Income With Alpine Income Property Alpine Income Property Trust, Inc. offers a well-covered 6.5% dividend yield, backed by a sub-70% payout ratio and a near-perfect 99% occupancy rate. Alpine's tenant base is strong, with 67% of rent from investment-grade tenants and long-term leases extending beyond 2032, ensuring stable cash flows. Despite elevated leverage at 7.4x EBITDA, PINE's liquidity, strategic asset locations, and growth opportunities mitigate financial risks. seekingalpha.com - 1 month ago
8. Profile Summary

Alpine Income Property Trust, Inc. PINE

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COUNTRY US
INDUSTRY REIT - Retail
MARKET CAP $ 252 M
Dividend Yield 1.53%
Description 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.
Contact 1140 North Williamson Boulevard, Daytona Beach, FL, 32114 https://www.alpinereit.com
IPO Date Nov. 22, 2019
Employees 0
Officers Mr. Philip R. Mays CPA Senior Vice President, Chief Financial Officer & Treasurer Ms. Lisa M. Vorakoun Senior Vice President & Chief Accounting Officer Mr. Daniel E. Smith Esq. Senior Vice President, General Counsel & Corporate Secretary Mr. John P. Albright President, Chief Executive Officer & Director Mr. Steven Robert Greathouse Senior Vice President & Chief Investment Officer