PINE
Alpine Income Property TrustPINE
PINE
About: Alpine Income Property Trust Inc is a real estate company. It owns and operates a portfolio of single-tenant commercial properties. The company's portfolio is comprised of single-tenant retail and office properties located in or in close proximity to MSAs, growth markets and other markets in the United States. Their portfolio consists of One thirty eight net leased properties located in Hundred and four markets in thirty five states. The majority of the firm's revenue includes rental revenue derived from the ownership and leasing of property.
Employees: 4
0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
619% more call options, than puts
Call options by funds: $187K | Put options by funds: $26K
263% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 8
26% more capital invested
Capital invested by funds: $120M [Q2] → $151M (+$31.1M) [Q3]
25% more funds holding
Funds holding: 85 [Q2] → 106 (+21) [Q3]
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
4.59% more ownership
Funds ownership: 56.43% [Q2] → 61.02% (+4.59%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$19
7%
upside
Avg. target
$19.65
10%
upside
High target
$21
18%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
Stifel Simon Yarmak 48% 1-year accuracy 10 / 21 met price target | 14%upside $20 | Buy Maintained | 21 Oct 2024 |
Baird RJ Milligan 85% 1-year accuracy 22 / 26 met price target | 7%upside $19 | Outperform Maintained | 21 Oct 2024 |
Alliance Global Partners Gaurav Mehta 75% 1-year accuracy 3 / 4 met price target | 18%upside $21 | Buy Maintained | 18 Oct 2024 |
UBS Michael Goldsmith 33% 1-year accuracy 3 / 9 met price target | 7%upside $19 | Neutral Initiated | 14 Oct 2024 |
Jones Trading Jason Weaver 71% 1-year accuracy 22 / 31 met price target | 7%upside $19 | Buy Maintained | 25 Sept 2024 |
Financial journalist opinion
Based on 10 articles about PINE published over the past 30 days
Positive
Seeking Alpha
1 week ago
Alpine Income Property: Improved Portfolio Quality Results In Growth Potential
Alpine Income Property trades at an attractive valuation while maintaining strong dividend support. PINE's portfolio improvements include reducing exposure to high-risk tenants like Walgreens and increasing occupancy to 99%. Q3 earnings showed strong financial performance with a 16.6% revenue increase and reduced operating expenses, driven by strategic tenant and investment management.
Positive
Zacks Investment Research
2 weeks ago
What Makes Alpine Income (PINE) a New Strong Buy Stock
Alpine Income (PINE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
2 weeks ago
New Strong Buy Stocks for November 21st
APH, WAB, BRBR, REZI and PINE have been added to the Zacks Rank #1 (Strong Buy) List on November 21, 2024.
Positive
Zacks Investment Research
2 weeks ago
Best Value Stocks to Buy for November 21st
PINE and REZI made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 21, 2024.
Positive
Zacks Investment Research
2 weeks ago
Best Income Stocks to Buy for November 21st
PINE made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 21, 2024.
Neutral
GlobeNewsWire
2 weeks ago
Alpine Income Property Trust Declares Dividend For the Fourth Quarter 2024
WINTER PARK, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.280 per share of common stock for the fourth quarter of 2024 (the “Common Stock Cash Dividend”).
Positive
Zacks Investment Research
2 weeks ago
PINE or EGP: Which Is the Better Value Stock Right Now?
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Alpine Income (PINE) and EastGroup Properties (EGP). But which of these two companies is the best option for those looking for undervalued stocks?
Positive
Zacks Investment Research
2 weeks ago
PINE or EGP: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Alpine Income (PINE) or EastGroup Properties (EGP). But which of these two companies is the best option for those looking for undervalued stocks?
Neutral
GlobeNewsWire
3 weeks ago
Alpine Income Property Trust Announces Changes to Board of Directors
WINTER PARK, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced that Jeffrey S. Yarckin has notified the Company of his resignation from the Company's Board of Directors, effective November 8, 2024. The Company today also announced the appointment of Brenna A. Wadleigh to the Company's Board of Directors, effective November 8, 2024.
Neutral
GlobeNewsWire
3 weeks ago
Alpine Income Property Trust Announces Fourth Quarter Investment Activity
WINTER PARK, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income properties, today announced updated fourth quarter and year-to-date 2024 investment and disposition activities.
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