Alpine Expands At-The-Market Preferred and Common Offerings

Alpine Income Property Trust Inc ( (PINE) ) has shared an announcement.

On April 24, 2026, Alpine Income Property Trust expanded its at-the-market preferred stock offering program by adding Cantor Fitzgerald & Co. and Huntington Securities as additional sales agents, while amending existing equity distribution agreements with several other banks to reflect their participation. The program allows the company to issue up to $35 million of its 8.00% Series A Cumulative Redeemable Preferred Stock, enhancing flexibility in preferred capital raising without immediately altering previously disclosed offering parameters.

Also on April 24, 2026, the company broadened its at-the-market common stock offering program, appointing AGP, Colliers, Cantor, Huntington, Lucid and UBS as additional sales agents, and in some cases as forward sellers and forward purchasers. Through these new and amended common equity distribution agreements, Alpine can issue up to $150 million of common stock, potentially increasing its access to equity capital and forward sale structures to support future growth and balance sheet initiatives.

The most recent analyst rating on (PINE) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Alpine Income Property Trust Inc stock, see the PINE Stock Forecast page.

Spark’s Take on PINE Stock

According to Spark, TipRanks’ AI Analyst, PINE is a Neutral.

The score is capped by weakened financial quality—recent losses, materially negative free cash flow, and elevated leverage—despite positive operating cash flow. Offsetting this, technicals are supportive with a strong uptrend and positive momentum, and the earnings call was constructive with raised 2026 guidance and solid portfolio metrics. Valuation is mixed: a strong dividend yield is tempered by a very high P/E.

To see Spark’s full report on PINE stock, click here.

More about Alpine Income Property Trust Inc

Alpine Income Property Trust, Inc. is a real estate investment trust focused on owning and managing net-leased commercial properties. The company generates income primarily from long-term leases to a diversified group of tenants across various sectors in the U.S. retail and commercial real estate markets.

Average Trading Volume: 181,007

Technical Sentiment Signal: Buy

Current Market Cap: $322.1M

For a thorough assessment of PINE stock, go to TipRanks’ Stock Analysis page.