Alpine Income Property Trust Inc (PINE) AI Stock Analysis

• Market Cap: $220.28M
• Dividend Yield: 7.22%
• Average Volume (3M): 71.32K
• Price to Earnings (P/E): 167.6
• Beta (1Y): 0.30
• Revenue Growth: 14.71%
• EPS Growth: N/A
• Country: US
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 64
• Industry: REIT - Retail
• EPS (TTM): -0.08
• Shares Outstanding: 14,266,722
• 10 Day Avg. Volume: 70,246
• 30 Day Avg. Volume: 71,317
• PEG Ratio: -4.73
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 40.49
• Enterprise Value/Market Cap: 2.61
• Enterprise Value/Revenue: 2.83
• Enterprise Value/Gross Profit: 15.73
• Enterprise Value/Ebitda: 3.77
• 1Y Price Target: $17.94
• Price Target Upside: 15.74% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 59 Neutral
• Price Target: ―

Alpine Income Property Trust Inc showcases strong revenue growth and effective cost management, but challenges like declining profitability and inconsistent cash flow indicate potential risks. Technically, the stock faces bearish sentiment with an overvalued P/E ratio, but its high dividend yield remains attractive. The earnings call offered a mixed picture with growth and strategic management offset by leverage concerns. Overall, the stock presents a balanced risk-reward scenario, warranting cautious optimism.

Positive Factors

Dividend Increase

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

Financial Performance

The company reported FFO numbers of $0.44, one penny higher than consensus estimates and analyst estimates.

Occupancy Rate

The company increased their weighted average remaining lease term to 9.0 years, and reported occupancy of 99.0%, up from 98.0% quarter-over-quarter.

Negative Factors

Asset Reallocation

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

Market Valuation

The company shares are trading relatively attractive compared to the other triple net lease REITs with one of the lowest multiples 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 Inc generates revenue primarily through the collection of rental income from its portfolio of single-tenant commercial properties. These properties are leased to a diverse range of retail and commercial tenants under long-term net lease agreements, whereby the tenant is responsible for most property-related expenses such as maintenance, taxes, and insurance. This lease structure allows PINE to maintain a steady cash flow and minimizes its operational expenses. Additionally, the company may engage in strategic property acquisitions and dispositions to optimize its portfolio and enhance shareholder value. Significant factors contributing to its earnings include the creditworthiness of its tenants and the economic health of the retail and commercial real estate markets.

Alpine Income Property Trust Inc Financial Statement Overview

Summary

Alpine Income Property Trust Inc exhibits robust revenue growth and efficient cost management, contributing to strong financial performance. The reduction of debt enhances financial stability, although variability in Free Cash Flow and declining profitability in recent periods indicate areas for potential risk. Continued focus on maintaining profitability and consistent cash flow will be crucial for sustaining long-term growth and stability.

Income Statement

Alpine Income Property Trust Inc demonstrates solid performance in revenue growth, with a notable increase in revenue from $30.13 million in 2021 to $45.66 million in 2023, and $52.23 million in 2024, showcasing a significant growth trajectory. The Gross Profit Margin and EBITDA Margin maintain healthy levels, indicating efficient cost management. However, the declining Net Income from 2023 to 2024 and the lower Net Profit Margin in the TTM compared to 2022 indicate potential profitability challenges.

Balance Sheet

The company displays financial stability with a high Equity Ratio, as Stockholders' Equity constitutes a substantial portion of Total Assets. The complete reduction of Total Debt in the TTM period enhances financial flexibility. However, the fluctuating Stockholders' Equity and a decrease in Return on Equity from 2022 to 2024 highlight areas for improvement in effectively utilizing equity to generate profits.

Cash Flow

Strong Operating Cash Flow and positive Free Cash Flow in the latest TTM period indicate healthy cash generation capabilities. The Free Cash Flow to Net Income Ratio remains stable, reflecting efficient conversion of net income into cash. However, the inconsistency in Free Cash Flow growth, particularly the significant negative figure in 2022, suggests volatility in capital expenditure management and cash flow consistency.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
53.97M	52.23M	45.64M	45.20M	30.13M	19.25M
	Gross Profit
36.52M	40.19M	38.76M	39.77M	26.45M	16.93M
	EBIT
13.44M	14.02M	13.14M	10.42M	5.49M	2.61M
	EBITDA
39.56M	39.61M	38.48M	33.98M	30.74M	12.27M
	Net Income Common Stockholders
1.15M	2.07M	2.92M	20.18M	6.26M	-479.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.14M	1.58M	14.98M	9.02M	8.85M	1.89M
	Total Assets
647.40M	605.00M	564.56M	573.43M	505.51M	261.59M
	Total Debt
364.04M	309.47M	282.04M	272.17M	273.22M	109.46M
	Net Debt
357.90M	307.89M	278.02M	263.15M	264.37M	107.56M
	Total Liabilities
383.61M	328.50M	288.95M	278.06M	277.61M	112.50M
	Stockholders Equity
240.95M	253.03M	250.74M	261.62M	196.52M	126.76M
Cash Flow		Free Cash Flow
5.35M	25.61M	25.64M	-164.50M	17.20M	9.39M
	Operating Cash Flow
26.73M	25.61M	25.64M	24.65M	17.20M	9.39M
	Investing Cash Flow
-103.91M	-57.84M	-13.58M	-38.78M	-195.99M	-113.88M
	Financing Cash Flow
80.77M	26.46M	-11.38M	17.67M	186.40M	94.03M

Alpine Income Property Trust Inc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 15.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PINE, the sentiment is Neutral. The current price of 15.5 is above the 20-day moving average (MA) of 15.15, below the 50-day MA of 15.68, and below the 200-day MA of 16.57, indicating a neutral trend. The MACD of -0.08 indicates Negative momentum. The RSI at 54.35 is Neutral, neither overbought nor oversold. The STOCH value of 95.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	69 Neutral	$1.31B	―	-0.88%	5.22%	21.91%	-257.05%
BFS	67 Neutral	$830.59M	23.27	13.86%	6.91%	5.00%	-14.72%
CBL	65 Neutral	$776.49M	11.67	21.87%	6.37%	0.03%	1997.67%
Sector *	61 Neutral	$2.81B	10.77	0.40%	8439.00%	5.73%	-20.81%
PINE	59 Neutral	$220.28M	167.64	0.47%	7.22%	14.71%	―
WHLR	49 Neutral	$2.37M	―	4.42%	―	1.47%	99.15%
SRG	43 Neutral	$156.02M	―	-33.95%	―	-36.26%	-38.17%

Alpine Income Property Trust Inc Corporate Events

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.

The most recent analyst rating on (PINE) stock is a Buy with a $18.75 price target. To see the full list of analyst forecasts on Alpine Income Property Trust Inc stock, see the PINE Stock Forecast page.

Alpine Income Property Trust Q1 2025 Financial Results

On April 24, 2025, Alpine Income Property Trust reported its financial results for the first quarter of 2025, ending March 31. The company closed investments totaling $79.2 million with a weighted average initial cash yield of 9.0% and increased its dividend for the quarter. Despite a net loss of $0.08 per diluted share, the company reported funds from operations (FFO) and adjusted funds from operations (AFFO) of $0.44 per diluted share. The company continues to focus on sourcing attractive investments and recycling capital to strengthen its portfolio, which includes 134 properties across 35 states with a high occupancy rate of 98.6%.