Alpine me Property Trust(PINE)
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Alpine Income Property Trust Acquires Property Anchored by Walmart and TJ Maxx for $20.7 Million
Globenewswire· 2025-11-20 11:55
Core Insights - The company announced the acquisition of three properties in Richmond, Virginia for $20.7 million, totaling 177,441 square feet and fully leased [1] - Walmart Supercenter, with an AA credit rating, is the anchor tenant of one property, while another property is anchored by TJ Maxx, which has an A credit rating [1][2] - Following this acquisition, approximately 50% of the company's annualized base rent is now derived from investment-grade rated tenants [2] Property and Market Details - The properties are located on 14 acres in a strong market area, with an average household income of $146,000 and a population exceeding 200,000 within a five-mile radius [3] - The acquisition marks the introduction of the first TJ Maxx-branded store into the company's portfolio [2] Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust focused on delivering attractive risk-adjusted returns and dependable cash dividends through a diversified portfolio of single-tenant net leased commercial properties [4]
Alpine Income Property Trust Declares Dividends for the Fourth Quarter 2025
Globenewswire· 2025-11-18 21:05
WINTER PARK, Fla., Nov. 18, 2025 (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 $0.285 per share of common stock for the fourth quarter of 2025 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 6.9% based on the closing price of the Company’s common stock on November 17, 2025. The Common St ...
PINE vs. OHI: Which Stock Is the Better Value Option?
ZACKS· 2025-11-14 17:40
Core Viewpoint - Investors are evaluating the value opportunities presented by Alpine Income (PINE) and Omega Healthcare Investors (OHI), with a focus on which stock offers better value at the current time [1]. Group 1: Zacks Rank and Earnings Outlook - Both PINE and OHI currently hold a Zacks Rank of 2 (Buy), indicating a positive earnings outlook supported by favorable analyst estimate revisions [3]. - The Zacks Rank system emphasizes companies with improving earnings forecasts, which is a positive sign for both stocks [2]. Group 2: Valuation Metrics - PINE has a forward P/E ratio of 9.15, while OHI has a forward P/E of 14.12, suggesting that PINE may be undervalued compared to OHI [5]. - The PEG ratio for PINE is 1.53, compared to OHI's PEG ratio of 1.85, indicating that PINE has a more favorable growth valuation [5]. - PINE's P/B ratio is 0.95, significantly lower than OHI's P/B of 2.45, further supporting the argument that PINE is the better value option [6]. - Based on these valuation metrics, PINE has a Value grade of B, while OHI has a Value grade of C, reinforcing the conclusion that PINE is the superior value choice at this time [6].
Alpine Income Property Trust Acquires Sam's Club for $15.4 Million
Globenewswire· 2025-11-12 11:55
Group 1 - The company announced the acquisition of a 131,039-square-foot property net leased to Sam's Club in Houston, Texas, enhancing its presence in a high-growth market [1] - With this acquisition, Walmart becomes the company's fifth largest tenant, joining a portfolio that includes investment grade-rated tenants like Lowe's and Dick's Sporting Goods [1] - Sam's Club has been operating at this location for nearly 25 years, situated in a densely populated area with strong demographics, including an average household income of $111,000 and a population exceeding 300,000 within a five-mile radius [2] Group 2 - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust focused on delivering attractive risk-adjusted returns and dependable cash dividends by investing in a diversified portfolio of single tenant net leased commercial properties [3]
Alpine Income Property Trust Announces Pricing of Public Offering of 8.00% Series A Cumulative Redeemable Preferred Stock
Globenewswire· 2025-11-05 22:55
Core Viewpoint - Alpine Income Property Trust, Inc. has announced a public offering of 2,000,000 shares of its 8.00% Series A Cumulative Redeemable Preferred Stock at a price of $25.00 per share, expecting to raise gross proceeds of $50 million before expenses [1][2]. Group 1: Offering Details - The Series A Preferred Stock will have a liquidation preference of $25.00 per share [1]. - The offering is expected to close on November 12, 2025, subject to customary closing conditions [1]. - Underwriters have an option to purchase an additional 300,000 shares to cover over-allotments [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate and working capital purposes, which may include property acquisitions, commercial loan and investment opportunities, and repayment of debt [2]. Group 3: Listing and Management - The Company intends to file an application to list the Series A Preferred Stock on the New York Stock Exchange under the ticker symbol "PINE-PA" [2]. - Raymond James, Stifel, and Baird are acting as joint book-running managers for the offering, with several other firms as co-managers [2]. Group 4: Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust focused on delivering attractive risk-adjusted returns and dependable cash dividends by investing in single tenant net leased commercial properties [5].
Alpine Income Property Trust Announces Launch of Public Offering of Series A Cumulative Redeemable Preferred Stock
Globenewswire· 2025-11-05 13:35
Core Viewpoint - Alpine Income Property Trust, Inc. has announced a public offering of its Series A Cumulative Redeemable Preferred Stock, with a liquidation preference of $25.00 per share, aiming to utilize the net proceeds for general corporate purposes, including property acquisitions and debt repayment [1][5]. Group 1: Offering Details - The Series A Preferred Stock will be listed on the New York Stock Exchange under the ticker symbol "PINE-PA" [2]. - The offering will be conducted under the existing shelf registration statement on Form S-3 filed with the SEC, and will be made via a prospectus supplement [3]. Group 2: Use of Proceeds - The net proceeds from the offering are expected to be used for general corporate and working capital purposes, which may include property acquisitions, commercial loan opportunities, and repayment of debt [1]. Group 3: Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust focused on delivering attractive risk-adjusted returns and dependable cash dividends by investing in single tenant net leased commercial properties, primarily leased to high-quality publicly traded and credit-rated tenants [5].
NNN REIT: Dividend Aristocrat To Buy For Durable Income (NYSE:NNN)
Seeking Alpha· 2025-11-01 13:15
When it comes to equity REITs, my closest followers have probably noticed that I am bullish on few net lease REITs - Realty Income ( O ) and Alpine Income Property Trust, Inc. ( PINERoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level wo ...
PINE or OHI: Which Is the Better Value Stock Right Now?
ZACKS· 2025-10-29 16:41
Core Insights - The article compares two stocks, Alpine Income (PINE) and Omega Healthcare Investors (OHI), to determine which is more attractive to value investors [1] Valuation Metrics - PINE has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision compared to OHI, which has a Zacks Rank of 3 (Hold) [3] - PINE's forward P/E ratio is 8.08, significantly lower than OHI's forward P/E of 13.05, suggesting PINE may be undervalued [5] - The PEG ratio for PINE is 1.35, while OHI's PEG ratio is 1.79, indicating PINE has a better expected EPS growth relative to its valuation [5] - PINE's P/B ratio is 0.84, compared to OHI's P/B of 2.27, further supporting PINE's valuation attractiveness [6] Analyst Outlook - PINE is noted for its improving earnings outlook, which enhances its appeal in the Zacks Rank model [7] - Based on the discussed valuation metrics, PINE is considered the superior value option at this time [7]
Alpine Income Property Trust: Strong Value In A Small REIT With Peer-Leading Dividends For Retirement
Seeking Alpha· 2025-10-26 14:45
Group 1 - The analyst has over 10 years of experience researching more than 1000 companies across various sectors including commodities and technology [1] - The focus has shifted from writing a blog to creating a value investing-focused YouTube channel, covering hundreds of companies [1] - The analyst expresses a particular interest in metals and mining stocks, while also being comfortable with consumer discretionary, REITs, and utilities [1]
Alpine Income Property Trust: Strong Value In A Small REIT With Peer-Leading Dividends For Retirement (NYSE:PINE)
Seeking Alpha· 2025-10-26 14:45
Core Insights - The analyst has over 10 years of experience researching more than 1000 companies across various sectors, including commodities and technology [1] - The focus has shifted from writing a blog to creating a value investing-focused YouTube channel, emphasizing metals and mining stocks while also covering other industries [1] Company Research - The analyst has researched companies in diverse sectors such as oil, natural gas, gold, copper, technology (e.g., Google, Nokia), and emerging market stocks [1] - A significant portion of the research has been dedicated to metals and mining stocks, indicating a preference for this sector [1] Investment Approach - The transition to a YouTube channel suggests a strategy to reach a broader audience with in-depth company analyses [1] - The analyst's experience and extensive research may provide valuable insights for potential investors [1]