Alpine Income Property Trust Inc Stock News

The S&P 500 has seen impressive 26.5% YTD growth, but investors must be cautious of market momentum and rising asset flows into popular stocks. Despite strong market liquidity, I believe stock picking will be key in 2025 as value opportunities emerge beyond the current "Trump trade" winners. I'm bullish on sectors like real estate, energy, and industrials, and have picked three undervalued stoc...

Trump's election victory is bad news for many REITs. His policies are perceived to be inflationary. As a result, interest rates may remain higher for longer.

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.

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”).

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 N...

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.

Armada Hoffler Properties is a high-risk, high-reward REIT with a 7.28% dividend yield, focusing on mixed-use ecosystems in Mid-Atlantic markets. Broadstone Net Lease offers stability with a diversified portfolio, strong balance sheet, and a 6.31% dividend yield, trading discounted to peers. CTO Realty Growth, a small-cap REIT, focuses on retail properties in high-growth sunbelt markets, offeri...

Initiated a Strong Spec Buy on Alpine Income Property, with shares trading at $10.64 and a P/FFO of 9.5x. PINE has grown from 24 properties to 133, with ABR increasing from $13.3 million to $41.5 million, and 52% from IG-rated tenants. PINE's cost of capital is 150 bps higher than peers, yet it has grown AFFO through high cap rate acquisitions and asset recycling.