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Alpine Income Property Trust Inc (PINE)
NYSE:PINE
US Market

Alpine Income Property Trust Inc (PINE) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Apr 16, 2026
After Close (Confirmed)
Period Ending
2026 (Q1)
Consensus EPS Forecast
0.04
Last Year’s EPS
-0.08
Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Feb 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call emphasized multiple clear operational and financial achievements: record annual investment activity, strong AFFO/FFO growth, rapid expansion of a high-yield commercial loan platform, improved liquidity and a refreshed debt package, and a dividend increase. The company also signaled a more conservative deployment cadence for 2026, disclosed some one-time items affecting Q4 comparability, and continues to manage concentration and remaining noncore tenant exposure. Overall, positives (record investments, double-digit loan yields, improved leverage and liquidity, strong occupancy and AFFO growth) notably outweigh the cautions around 2026 pacing, one-time Q4 items, and loan concentration management.
Company Guidance
Alpine's 2026 guidance calls for FFO of $2.07–$2.11 and AFFO of $2.09–$2.13 per diluted common share, based on planned investment volume of $70–$100 million and disposition volume of $30–$60 million (with dispositions expected to close earlier than acquisitions); the company reiterated a target commercial loan allocation of ~20% of total undepreciated assets (roughly $155–$160M on year‑end $770M assets), noting year‑end loan holdings of ~$129.8M and a remaining runway of about $25–$30M. Management cautioned that fees from third‑party asset sales ($221k in Q4, $525k for FY2025) will not be a meaningful revenue source in 2026, confirmed the board raised the quarterly common dividend 5.3% to $0.30 (implying a ~56% AFFO payout ratio on Q4 2025 AFFO), and said recent capital actions (Series A preferred $50M offering with ~$48.1M net, $18.3M raised via ATMs), liquidity of ~$65.8M (cash $25.3M + revolver $40.6M) with total potential liquidity ~$97.3M, and net debt / pro forma adjusted EBITDA of 6.7x support the outlook.
Strong AFFO and FFO Growth
Q4 FFO and AFFO per diluted common share were $0.54, a 22.7% increase vs. prior-year quarter; full-year FFO and AFFO were $1.88 and $1.89 per diluted share, representing ~8.6% growth year-over-year.
Record Annual Investment Activity
Completed $142.1M of investments in Q4 and a record $277.7M for full-year 2025 at a weighted average initial yield of 11.7% (Q4) and 10.3% (full year).
Balanced Acquisition Program
Q4 acquisitions: 8 properties for ~ $40M at a weighted avg initial cash cap rate of 6.9%; full-year acquisitions: 13 properties for $100.6M at a weighted avg initial cap rate of 7.4% (barbell approach including investment-grade tenants and higher-yield assets).
Active Portfolio Recycling and Dispositions
Q4 sold 9 noncore properties for $38.4M at a weighted avg exit cap rate of 7.7%; full-year dispositions $72.8M (including $67.4M income-producing properties at a weighted avg exit cap rate of 8.0% and $5.3M vacant properties).
Rapid Growth of Commercial Loan Platform
Net commercial loan portfolio grew to ~$129.8M at year-end from $48M at start of year; full-year loan originations were $177M at a weighted avg initial coupon of ~12% (including PIK); Q4 commitments totaled $102.3M at a weighted avg initial coupon of 13.5%.
Improved Liquidity and Debt Profile
Closed new unsecured credit package ( $250M revolver, $100M 3-year term loan, $100M 5-year term loan), resulting in no debt maturities for 3 years and 10–15 bps improved pricing; net debt to pro forma adjusted EBITDA improved to 6.7x from 7.4x year-start.
Capital Raising and Dividend Increase
Issued $50M Series A preferred at 8% (net proceeds $48.1M) and raised ~$18.3M via ATM programs; Board increased quarterly common dividend by 5.3% to $0.30 per share (AFFO payout ratio ~56% on Q4 AFFO).
Portfolio Quality and Occupancy
Year-end portfolio: 127 properties, 4.3M sq ft across 32 states, WALT 8.4 years, 99.5% occupancy; 51% of ABR from investment-grade tenants and top tenants (Lowe's, Dick's Sporting Goods, Walmart) represent 29% of ABR.

Alpine Income Property Trust Inc (PINE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

PINE Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Apr 16, 2026
2026 (Q1)
0.04 / -
-0.08
Feb 05, 2026
2025 (Q4)
0.04 / 0.06
-0.06200.00% (+0.12)
Oct 23, 2025
2025 (Q3)
-0.01 / -0.09
0.21-142.86% (-0.30)
Jul 24, 2025
2025 (Q2)
-0.03 / -0.12
0.01-1300.00% (-0.13)
Apr 24, 2025
2025 (Q1)
0.00 / -0.08
-0.02-300.00% (-0.06)
Feb 06, 2025
2024 (Q4)
0.02 / -0.06
0.02-400.00% (-0.08)
Oct 17, 2024
2024 (Q3)
0.01 / 0.21
-0.05520.00% (+0.26)
Jul 18, 2024
2024 (Q2)
>-0.01 / 0.01
0.010.00% (0.00)
Apr 18, 2024
2024 (Q1)
-0.05 / -0.02
0.21-109.52% (-0.23)
Feb 08, 2024
2023 (Q4)
-0.04 / 0.02
0.34-94.12% (-0.32)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

PINE Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 05, 2026
$18.48$19.64+6.28%
Oct 23, 2025
$13.71$13.58-0.95%
Jul 24, 2025
$13.96$13.79-1.22%
Apr 24, 2025
$15.43$14.67-4.93%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Alpine Income Property Trust Inc (PINE) report earnings?
Alpine Income Property Trust Inc (PINE) is schdueled to report earning on Apr 16, 2026, After Close (Confirmed).
    What is Alpine Income Property Trust Inc (PINE) earnings time?
    Alpine Income Property Trust Inc (PINE) earnings time is at Apr 16, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is PINE EPS forecast?
          PINE EPS forecast for the fiscal quarter 2026 (Q1) is 0.04.