Alpine Income Property Trust Inc (PINE) AI Stock Analysis

• Market Cap: $209.50M
• Dividend Yield: 7.56%
• Average Volume (3M): 97.22K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.16
• Revenue Growth: 14.81%
• EPS Growth: -245.25%
• Country: US
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): -0.09
• Shares Outstanding: 14,164,662
• 10 Day Avg. Volume: 115,075
• 30 Day Avg. Volume: 97,215
• PEG Ratio: -3.94
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 4.46
• P/FCF Ratio: 9.09
• Enterprise Value/Market Cap: 2.77
• Enterprise Value/Revenue: 10.12
• Enterprise Value/Gross Profit: 12.08
• Enterprise Value/Ebitda: 14.40
• 1Y Price Target: $16.75
• Price Target Upside: 11.89% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): -0.19
• Revenue Forecast (FY): $58.47M

• Rating: 55 Neutral
• Price Target: $15.00 ▲(0.20% Upside)

Alpine Income Property Trust Inc's overall stock score reflects a mixed financial performance with profitability challenges and high leverage. The earnings call provided a positive outlook with strong AFFO growth and strategic investments, which partially offset the financial concerns. The technical indicators suggest a neutral to slightly bullish trend, while the attractive dividend yield adds value for income-focused investors.

Positive Factors

High Occupancy Rate

A high occupancy rate of 99.4% indicates strong demand for PINE's properties and effective property management, ensuring stable rental income and cash flow.

AFFO Growth

Growth in AFFO per share by 4.5% reflects improved earnings capability and financial health, supporting dividend sustainability and potential reinvestment.

Strategic Investments

Strategic property acquisitions, such as those leased to Lowe's, enhance portfolio quality and yield, contributing to long-term revenue stability and growth.

Negative Factors

High Leverage

High leverage with a net debt to EBITDA ratio of 7.7x poses financial risk, potentially limiting flexibility and increasing vulnerability to interest rate hikes.

Impairment Charge

The impairment charge on Walgreens indicates potential asset devaluation, affecting profitability and signaling challenges in asset management.

Cash Flow Challenges

A significant decline in free cash flow growth suggests liquidity issues, impacting the company's ability to fund operations and growth initiatives independently.

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 faces challenges in profitability and cash flow management, despite strong gross margins and reasonable asset structure. High leverage and negative net income are key concerns that need addressing to improve financial health and shareholder returns.

Income Statement

Alpine Income Property Trust Inc shows a mixed performance in its income statement. The company has a strong gross profit margin of 83.71% TTM, indicating efficient cost management. However, the net profit margin is negative at -8.86% TTM, reflecting challenges in achieving profitability. Revenue growth is modest at 1.92% TTM, suggesting limited expansion. The EBIT margin is healthy at 22.99% TTM, but the negative net income highlights underlying profitability issues.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.63 TTM, indicating significant leverage and potential risk if earnings do not improve. The return on equity is negative at -2.15% TTM, reflecting poor returns for shareholders. However, the equity ratio is reasonable, suggesting a balanced asset structure. The company needs to manage its debt levels to improve financial stability.

Cash Flow

Cash flow analysis shows a concerning decline in free cash flow growth at -96.35% TTM, indicating potential liquidity issues. The operating cash flow to net income ratio is strong at 5.31 TTM, suggesting good cash generation relative to net income. However, the free cash flow to net income ratio is low at 0.02 TTM, highlighting challenges in converting earnings into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	57.42M	52.23M	45.64M	45.20M	30.13M	19.25M
Gross Profit	48.07M	40.19M	38.76M	39.77M	26.45M	16.93M
EBITDA	40.33M	37.86M	38.48M	33.98M	21.43M	12.16M
Net Income	-5.09M	2.07M	2.92M	29.72M	9.96M	985.00K
Balance Sheet
Total Assets	621.42M	605.00M	564.56M	573.43M	505.51M	261.59M
Cash, Cash Equivalents and Short-Term Investments	1.18M	1.58M	14.98M	9.02M	8.85M	1.89M
Total Debt	365.17M	309.47M	282.04M	273.82M	273.22M	110.11M
Total Liabilities	376.21M	328.50M	288.95M	278.06M	277.61M	112.50M
Stockholders Equity	223.53M	253.03M	250.74M	261.62M	196.52M	126.76M
Cash Flow
Free Cash Flow	686.00K	25.61M	25.64M	-164.50M	17.20M	9.39M
Operating Cash Flow	28.21M	25.61M	25.64M	24.65M	17.20M	9.39M
Investing Cash Flow	-109.55M	-57.84M	-13.58M	-38.78M	-195.99M	-113.88M
Financing Cash Flow	59.92M	26.46M	-11.38M	17.67M	186.40M	94.03M

Alpine Income Property Trust Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.97
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 14.97 is above the 20-day moving average (MA) of 14.05, above the 50-day MA of 14.31, and above the 200-day MA of 14.81, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 70.25 is Negative, neither overbought nor oversold. The STOCH value of 89.03 is Negative, 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
SITC	67 Neutral	$388.09M	1.10	2.46%	5.96%	-69.63%	-95.99%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
BFS	65 Neutral	$723.69M	22.54	12.90%	7.93%	5.17%	-25.96%
CBL	65 Neutral	$938.82M	14.52	21.97%	9.27%	2.20%	128.61%
PINE	55 Neutral	$209.50M	―	-2.16%	7.56%	14.81%	-245.25%
WHLR	47 Neutral	$3.20M	―	8.94%	―	0.14%	99.35%
SRG	44 Neutral	$226.99M	―	-21.22%	―	-30.14%	27.34%

Alpine Income Property Trust Inc Corporate Events

Alpine Income Property Trust Inc. Faces Challenges Amid Global Trade Tensions and Protectionist Policies

Alpine Income Property Trust Inc. may face significant challenges due to global trade disruptions and the introduction of trade barriers, as political leaders in the U.S. and abroad adopt protectionist policies. The U.S. government’s shift in international trade policy, including the imposition of tariffs, could lead to retaliatory measures from other countries, such as China, further escalating trade tensions. These developments could potentially hinder the company’s performance by affecting supply chains and increasing costs. Additionally, any resulting downturns in the global economy could exacerbate these risks, impacting Alpine Income Property Trust Inc.’s financial stability and growth prospects.

Alpine Income Property Trust’s Positive Earnings Call Highlights

The recent earnings call for Alpine Income Property Trust Inc. painted a picture of robust financial growth and strategic investment activities, particularly in property acquisitions and loan originations. While the company faces challenges such as an impairment charge and high leverage, the overall sentiment remains slightly positive due to the significant growth in Adjusted Funds From Operations (AFFO) and strategic investments that support future growth.

Alpine Income Property Trust Q3 2025 Financial Results

On October 23, 2025, Alpine Income Property Trust reported its financial results for the third quarter of 2025, highlighting strong operational results and increased investment activity. The company raised its full-year 2025 outlook and increased its investment guidance to $200 – $230 million. Despite a net loss for the quarter, Alpine Income Property Trust achieved significant year-to-date investments totaling $136 million with a weighted-average initial cash yield of 8.9%. The company continues to recycle properties to manage tenant credit, with 48% of its annual base rent derived from investment grade rated tenants.

The most recent analyst rating on (PINE) stock is a Hold with a $15.50 price target. To see the full list of analyst forecasts on Alpine Income Property Trust Inc stock, see the PINE Stock Forecast page.