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Alpine Income Property Trust, Inc. - PINE STOCK NEWS

Welcome to our dedicated page for Alpine Income Property Trust news (Ticker: PINE), a resource for investors and traders seeking the latest updates and insights on Alpine Income Property Trust stock.

Overview

Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust (REIT) specializing in acquiring, owning, and operating a diversified portfolio of single-tenant net leased commercial income properties. With a strong emphasis on quality and durability, the company has strategically positioned itself within the commercial real estate market, particularly in high-traffic retail segments located in and around major metropolitan statistical areas (MSAs). Early in its operations, PINE established a reputation for stability and consistent income generation through long-term net lease arrangements, a testimony to its robust business model and strategic property acquisitions.

Business Model and Revenue Generation

The core business model of Alpine Income Property Trust centers around the investment in high-quality income properties which are leased on a long-term basis. This strategy insulates the company from short-term market fluctuations and provides a predictable cash flow. Net lease agreements ensure that tenants are responsible for property operating expenses while PINE focuses on property acquisition, management, and maintenance. Additionally, the company engages in commercial loans and investments, adding further layers to its revenue streams. These diversified financial strategies are integral to the trust’s ability to manage its capital markets efficiently and maintain a stable income base.

Portfolio Composition and Quality

PINE's portfolio predominantly comprises single-tenant retail properties that are anchored in economically vibrant regions. The properties are carefully selected for their prime locations—primarily situated in or near metropolitan areas—ensuring high visibility and accessibility. The company's focus on properties with long-term leases with creditworthy tenants minimizes operational uncertainties and supports a stable revenue stream. With a keen emphasis on property quality, each asset in their portfolio is assessed for its potential to generate sustained rental income, thus preserving and enhancing the overall value of the portfolio over time.

Competitive Landscape and Operational Strategy

In the competitive realm of commercial real estate, Alpine Income Property Trust distinguishes itself through a meticulously curated property portfolio and a dual-focus operational approach. By balancing investments between income properties and commercial investments, the company not only secures a consistent rental revenue stream but also leverages broader capital market activities to manage risk and secure liquidity. This strategic diversification is key to positioning PINE within a market that demands both stability and adaptability. The use of long-term net leases, combined with prudent asset selection, allows the company to maintain a competitive edge and build lasting relationships with reliable tenants.

Risk Management and Operational Excellence

Risk management is a critical component of the company's operational framework. Alpine Income Property Trust implements rigorous due diligence processes and ongoing monitoring to ensure that market, tenant, and property-specific risks are minimized. The company’s approach includes maintaining a strong balance sheet and an effective capital strategy designed to withstand economic fluctuations. By focusing on properties with robust fundamentals and ensuring that tenants shoulder significant property-related expenses, PINE effectively mitigates common operational risks associated with commercial real estate investments.

Market Significance and Industry Position

Within the commercial real estate sector, Alpine Income Property Trust plays a significant role by focusing on a niche yet vital segment of the market. Its long-standing expertise in single-tenant net leased properties and its disciplined investment strategy underscore its importance as a stable income generator. The company’s operations are built on sound investment principles that prioritize asset quality and market relevance, making it a noteworthy participant in the competitive landscape. Leveraging industry-specific practices, PINE ensures that its portfolio remains resilient and capable of generating reliable income streams, contributing to its reputation for expertise and stability in the REIT community.

Conclusion

Overall, Alpine Income Property Trust, Inc. offers a deep-dive into the world of commercial real estate investment through its focused approach on single-tenant, net leased properties. By splitting its business model between high-quality income properties and strategic commercial investments, the company not only underscores its commitment to long-term stability but also demonstrates a sophisticated understanding of market dynamics. Investors and market observers can appreciate the trust’s unwavering commitment to quality, operational excellence, and robust risk management as core tenets of its business strategy, making it a well-informed subject for comprehensive financial analysis and investment research.

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Alpine Income Property Trust (NYSE: PINE) announced a correction to the ex-dividend date for their Q2 2024 cash dividend per share. The updated ex-dividend date is June 13, 2024, instead of June 12, 2024. All other details remain the same. Alpine Income Property Trust is a publicly traded REIT that focuses on single tenant net leased commercial properties leased to high-quality, publicly traded, and credit-rated tenants. The company aims to provide attractive risk-adjusted returns and dependable cash dividends.

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On May 28, 2024, Alpine Income Property Trust (NYSE: PINE) announced a quarterly cash dividend of $0.275 per share of common stock for Q2 2024. This dividend results in an annualized yield of approximately 7.2%, based on the stock's closing price on May 24, 2024. The dividend will be paid on June 28, 2024, to shareholders on record as of June 13, 2024, with an ex-dividend date of June 12, 2024.

Alpine Income Property Trust is a real estate investment trust (REIT) that focuses on single-tenant net leased commercial properties, primarily leased to high-quality, publicly-traded, and credit-rated tenants.

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Alpine Income Property Trust, Inc. (NYSE: PINE) reported a Net Loss per diluted share of ($0.02) for Q1 2024. The company saw an increase in FFO and AFFO per diluted share by 13.9% and 16.7% respectively. They originated a high-yielding first mortgage investment of $7.2 million. The investment grade-rated tenant exposure increased to 65%. The company repurchased shares and paid a cash dividend of $0.275 per share for Q1 2024. The CEO anticipates a better market for traditional acquisitions as interest rates adjust. The portfolio consisted of 138 properties with 99% occupancy and top tenants like Walgreens, Lowe's, and Dollar Tree/Family Dollar.
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Alpine Income Property Trust, Inc. (PINE) will announce its first-quarter 2024 financial results on April 18, 2024, followed by a conference call on April 19, 2024. The webcast and registration details are available on the Investor Relations page of the company's website. Participants are encouraged to register early.
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Alpine Income Property Trust, Inc. (NYSE: PINE) announced the resignation of its Senior Vice President, Chief Financial Officer, and Treasurer, Matthew M. Partridge, effective April 1, 2024, to pursue opportunities outside the REIT industry. The Company commences the search for a new CFO while Mr. Partridge aids in the transition during the first quarter reporting period. The CEO expressed gratitude for Mr. Partridge's contributions, highlighting his pivotal role in various Company initiatives.
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Alpine Income Property Trust, Inc. (NYSE: PINE) declares a quarterly cash dividend of $0.275 per share for Q1 2024, offering a 6.9% annualized yield. The dividend is payable on March 28, 2024, to stockholders of record as of March 14, 2024.
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Alpine Income Property Trust, Inc. (PINE) reported net income per diluted share of $0.19 for the year ended December 31, 2023. The company acquired 14 net lease properties and originated three first mortgage investments in 2023. They also sold 24 net lease properties, repurchased shares, and paid cash dividends. Quarterly operating results showed a decrease in net income, FFO, and AFFO compared to the same period in the prior year. The company's 2024 outlook includes investments and dispositions in the range of $50 million to $80 million and FFO per diluted share between $1.51 to $1.56.
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Alpine Income Property Trust, Inc. (NYSE: PINE) announced the release of its financial and operating results for the fourth quarter and full year 2023. The company will report after the market closes on February 8, 2024, with a conference call scheduled for February 9, 2024. The call will be available via webcast and phone, with a replay available online through the Investor Relations section of the company's website.
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Alpine Income Property Trust, Inc. (NYSE: PINE) announced its 2023 investment and disposition activities, including acquisitions, dispositions, capital markets, and portfolio updates. The company acquired 14 net lease retail properties for $82.9 million, originated three first mortgage structured investments totaling $38.6 million, and sold 24 net lease properties for $108.3 million. The company repurchased common shares and issued shares under its ATM offering program. The portfolio at year-end 2023 had a weighted average remaining lease term of 7.0 years and included top tenants like Walgreens, Lowe’s, Dick’s Sporting Goods, Dollar Tree/Family Dollar, and Dollar General.
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Alpine Income Property Trust, Inc. (NYSE: PINE) announced its 2023 investment and disposition activities, including acquisitions of 14 net lease retail properties for $82.9 million and sales of 24 net lease properties for $108.3 million. The company repurchased over 899,000 common shares and issued 665,929 common shares under its ATM offering program, with no debt maturities until 2026. The portfolio at year-end 2023 included 138 net lease properties with a weighted average remaining lease term of 7.0 years.
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FAQ

What is the current stock price of Alpine Income Property Trust (PINE)?

The current stock price of Alpine Income Property Trust (PINE) is $16.47 as of April 18, 2025.

What is the market cap of Alpine Income Property Trust (PINE)?

The market cap of Alpine Income Property Trust (PINE) is approximately 223.4M.

What is Alpine Income Property Trust, Inc.'s primary business?

The company is a REIT that acquires, owns, and operates a portfolio of high-quality single-tenant net leased commercial income properties, primarily in retail segments near metropolitan areas.

How does the company generate revenue?

Revenue is primarily generated through long-term net lease agreements, where tenants handle operating expenses. The company also employs a dual strategy involving commercial loans and investments.

What types of properties does PINE focus on?

PINE focuses on single-tenant retail properties that are strategically located in or near major metropolitan statistical areas to ensure consistent traffic and strong income generation.

How does a net lease structure benefit the company?

A net lease structure transfers many operational expenses to tenants, enabling the company to maintain a stable income. This setup minimizes management complexities and helps preserve asset value.

What distinguishes the company's portfolio from others?

The company distinguishes its portfolio through its focus on high-quality, single-tenant properties in prime locations and its balanced approach between income properties and commercial investments.

How does Alpine Income Property Trust manage risk?

The company employs rigorous due diligence, careful asset selection, and diversified investment strategies to mitigate risks. Its focus on robust long-term leases further reduces exposure to market volatility.

What is the significance of the company's focus on metropolitan areas?

By concentrating on properties in metropolitan statistical areas, the company ensures high tenant demand and visibility, which supports stable rental income and long-term property value retention.

How does the company maintain its competitive position in the market?

Through a disciplined investment strategy, a diversified portfolio, and prudent risk management practices, the company continuously adapts to changing market conditions while maintaining high-quality asset standards.
Alpine Income Property Trust, Inc.

NYSE:PINE

PINE Rankings

PINE Stock Data

223.37M
12.71M
8.36%
67.3%
0.29%
REIT - Retail
Real Estate Investment Trusts
Link
United States
WINTER PARK