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Alpine Income Property Trust Inc ( (PINE) ) has provided an announcement.
On April 23, 2026, Alpine Income Property Trust reported first-quarter 2026 results showing a sharp improvement in profitability, with revenue rising to $18.4 million from $14.2 million a year earlier and net income of $2.2 million versus a loss in the prior-year period. Funds from operations and adjusted FFO per diluted share increased to $0.53 from $0.44, reflecting stronger earnings power from an expanded investment base.
During the quarter ended March 31, 2026, the REIT completed $73.9 million of investments, including one property acquisition and three high-yield commercial loans, achieving a 14.1% blended initial yield and supported by $36 million of equity raised through ATM programs. It also executed $16.6 million of dispositions at a 9.1% weighted average cash yield, recast its credit facility, and, citing a robust pipeline and improved financing flexibility, raised its 2026 investment guidance to $170–200 million and increased its 2026 AFFO per diluted share outlook to $2.11–2.15, signaling confidence in continued growth for shareholders.
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 driven primarily by mixed financial performance (revenue and operating cash flow strength but a recent net loss and volatile free cash flow), partially offset by constructive technical momentum and a favorable dividend yield. Earnings call commentary is supportive due to AFFO/FFO growth and 2026 guidance, but tempered by slower expected deployment and loan concentration/variability risks.
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 publicly traded real estate investment trust (REIT) listed on the NYSE under the ticker PINE. The company owns and operates single-tenant net-leased commercial income properties across 31 U.S. states, with a portfolio of 125 properties totaling 4.3 million square feet and a 99.5% occupancy rate.
Its tenant base spans 24 industries, with 50% of annualized base rent coming from investment-grade rated tenants and 66% from credit-rated tenants. Top tenants include Lowe’s, Dick’s Sporting Goods, Beachside Hospitality Group and Walmart, and the company also manages a complementary commercial loan portfolio with high-yielding loans and relatively short remaining terms.
Average Trading Volume: 181,631
Technical Sentiment Signal: Buy
Current Market Cap: $318.8M
See more data about PINE stock on TipRanks’ Stock Analysis page.