Alpine Income Property Trust Inc (PINE) AI Stock Analysis

• Market Cap: $216.20M
• Dividend Yield: 7.44%
• Average Volume (3M): 78.66K
• Price to Earnings (P/E): 157.5
• Beta (1Y): 0.23
• Revenue Growth: 17.14%
• EPS Growth: 3.27%
• Country: US
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 47
• Industry: REIT - Retail
• EPS (TTM): -0.12
• Shares Outstanding: 14,158,190
• 10 Day Avg. Volume: 72,219
• 30 Day Avg. Volume: 78,659
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.68
• Enterprise Value/Revenue: 10.28
• Enterprise Value/Gross Profit: 12.59
• Enterprise Value/Ebitda: 13.74
• 1Y Price Target: $17.81
• Price Target Upside: 17.71% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 65 Neutral
• Price Target: $16.00 ▲(5.75% Upside)

Alpine Income Property Trust Inc has a stable financial performance with strong cash flow and operational efficiency, but faces challenges with profitability and high leverage. The technical analysis indicates positive momentum, while the earnings call highlights strategic management and high occupancy, despite some financial risks.

Positive Factors

Asset Management Strategy

The company continues to sell lower-yielding assets and reinvests the proceeds into higher-yielding opportunities.

Dividend Payout

The company increased the quarterly dividend by 1.8% to $0.285 per share, yielding 6.6% annually.

Financial Performance

The company reported FFO numbers of $0.44, which represents a 19% increase year-over-year, and its two cents higher than consensus estimates and four cents higher than analyst estimates.

Negative Factors

Market Position

The company aims to acquire properties at yields above their cost of capital targeting properties in the $10 – $50 million range which are not typically pursued by institutions or larger REITs.

Valuation

The company shares are trading at one of the lowest multiples among triple net lease REITs at 9.6x versus 13.7x for the group on 2025 numbers.

Alpine Income Property Trust Inc Business Overview & Revenue Model

Company 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.

How the Company Makes Money

Alpine Income Property Trust generates revenue primarily through rental income derived from its properties. The company leases its properties to tenants under long-term net leases, where tenants are responsible for most property-related expenses such as taxes, insurance, and maintenance. This structure allows PINE to benefit from stable, predictable cash flows while minimizing operational costs. Additionally, PINE may engage in property acquisitions, dispositions, and development projects to enhance its portfolio and generate capital gains. The company's revenue is further bolstered by strategic partnerships with high-quality retailers and service providers, which contribute to tenant stability and long-term lease agreements, ultimately supporting its earnings growth.

Alpine Income Property Trust Inc Financial Statement Overview

Summary

Alpine Income Property Trust Inc demonstrates solid revenue growth and operational efficiency, but faces profitability challenges and high leverage. The strong cash flow performance is a positive indicator, but the negative net income and high debt levels present potential risks.

Income Statement

Alpine Income Property Trust Inc shows a stable revenue growth trend with a 4.4% increase in TTM. However, the net profit margin has turned negative, indicating profitability challenges. The gross profit margin remains strong at 81.6%, and EBIT and EBITDA margins are healthy, suggesting operational efficiency.

Balance Sheet

The company has a high debt-to-equity ratio of 1.57, indicating significant leverage, which could pose financial risks. The return on equity is negative, reflecting recent net losses. However, the equity ratio is reasonable, suggesting a balanced asset structure.

Cash Flow

The cash flow statement shows a robust free cash flow growth rate of 250.9% in TTM, indicating strong cash generation capabilities. The operating cash flow to net income ratio is high, reflecting efficient cash conversion, although the free cash flow to net income ratio suggests some volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	56.34M	52.23M	45.64M	45.20M	30.13M	19.25M
Gross Profit	45.98M	40.19M	38.76M	39.77M	26.45M	16.93M
EBITDA	42.15M	37.86M	38.48M	33.98M	21.43M	12.16M
Net Income	-698.00K	2.07M	2.92M	29.72M	9.96M	985.00K
Balance Sheet
Total Assets	628.45M	605.00M	564.56M	573.43M	505.51M	261.59M
Cash, Cash Equivalents and Short-Term Investments	5.00M	1.58M	14.98M	9.02M	8.85M	1.89M
Total Debt	359.83M	309.47M	282.04M	273.82M	273.22M	110.11M
Total Liabilities	376.36M	328.50M	288.95M	278.06M	277.61M	112.50M
Stockholders Equity	229.84M	253.03M	250.74M	261.62M	196.52M	126.76M
Cash Flow
Free Cash Flow	18.77M	25.61M	25.64M	-164.50M	17.20M	9.39M
Operating Cash Flow	25.70M	25.61M	25.64M	24.65M	17.20M	9.39M
Investing Cash Flow	-96.12M	-57.84M	-13.58M	-38.78M	-195.99M	-113.88M
Financing Cash Flow	76.16M	26.46M	-11.38M	17.67M	186.40M	94.03M

Alpine Income Property Trust Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.13
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PINE, the sentiment is Positive. The current price of 15.13 is above the 20-day moving average (MA) of 14.79, above the 50-day MA of 14.62, and below the 200-day MA of 15.53, indicating a neutral trend. The MACD of 0.20 indicates Negative momentum. The RSI at 59.03 is Neutral, neither overbought nor oversold. The STOCH value of 71.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PINE.

Alpine Income Property Trust Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NTST	72 Outperform	$1.72B	―	-0.43%	4.80%	21.31%	-199.59%
CBL	72 Outperform	$968.83M	14.98	21.97%	8.93%	2.20%	128.61%
PINE	65 Neutral	$216.20M	157.55	-0.29%	7.44%	17.14%	3.27%
BFS	65 Neutral	$815.07M	25.38	12.90%	7.08%	5.17%	-25.96%
Sector *	63 Neutral	$6.95B	13.72	-0.50%	6.99%	4.08%	-25.24%
WHLR	52 Neutral	$2.91M	―	8.94%	―	0.14%	99.35%
SRG	51 Neutral	$209.53M	―	-21.22%	―	-30.14%	27.34%

Alpine Income Property Trust Inc Corporate Events

Alpine Income Property Trust Q2 2025 Financial Results

On July 24, 2025, Alpine Income Property Trust announced its financial results for the second quarter of 2025, highlighting a strategic focus on capital recycling and stock repurchases. The company invested $85.9 million and sold $28.2 million in assets, which improved its portfolio by reducing Walgreens to its fifth largest tenant and extending the average lease term. Despite a net loss, the company reported increased revenues and maintained a high occupancy rate of 98.2%.

Alpine Income Property Trust Holds 2025 Annual Meeting

On May 21, 2025, Alpine Income Property Trust, Inc. held its 2025 Annual Meeting of Stockholders. During the meeting, stockholders elected five directors, approved executive compensation for 2024, decided on an annual frequency for future compensation votes, and ratified Grant Thornton LLP as the accounting firm for 2025. The decision to hold annual advisory votes on executive compensation aligns with both stockholder and board recommendations, potentially impacting the company’s governance and stakeholder engagement strategies.