In the latest update, Alpine Income Property Trust, Inc. (PINE) disclosed that its third-quarter total investment activity, including acquisitions and structured investments, reached $55.3 million at a weighted average initial investment yield of 9.2%. With this, PINE's total investment activity since the beginning of the year through Sept. 24 aggregates 84.2 million at a weighted average initial investment yield of 9.4%. Its investment activity also incorporates the September purchase and amendment of a fi ...

WINTER PARK, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the "Company") today announced updated third quarter and year-to-date 2024 investment and disposition activities. 2024 Investment Activity In September 2024, the Company purchased and amended a first mortgage construction loan secured by a Publix-anchored shopping center and three outparcels located in Charlotte, NC. The current loan commitment is for $17.8 million, of which $10.0 million was funded at clo ...

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Alpine Income (PINE) and Gaming and Leisure Properties (GLPI) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank pu ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 28th: Alpine Income Property Trust (PINE) : This real estate investment trust which owns and operates a portfolio of single-tenant net lease commercial properties, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days. This Zacks Rank #1 (Strong Buy) company has a dividend yield of 6%, compared with the industry average of 4.3%. Qifu Technolog ...

lillisphotography Today's article revisits Alpine Income Property Trust, Inc. (NYSE:PINE). Alpine is a U.S.-based real estate investment trust that owns and operates commercial netleased units. The REIT has navigated a challenging real estate market and garnered significant momentum in the past month, bringing it into the limelight. We last covered Alpine in March, when we assigned the REIT a bullish rating. However, material events have occurred since then, so we revisited our outlook. Here are our latest ...

WINTER PARK, Fla., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE:PINE) (the "Company") today announced updated year-to-date 2024 investment and disposition activities. 2024 Investment Activity During the third quarter, the Company acquired four net leased retail properties for $37.5 million at a weighted average initial cap rate of 8.8%. Three properties, all located in the greater Tampa Bay, FL area, were purchased for $31.4 million as a sale-leaseback transaction with a subsid ...

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Alpine Income (PINE) and Crown Castle (CCI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with posi ...

Margin of Safety: Portfolio TEV Basis at Sharp Discount to Peer Average and Large Discount to Replacement Cost TEV1 Per Square Foot2 $451 $339 $335 $215 $199 $165 $129 FCPT NNN EPRT O ADC NTST PINE Peer Average $284 Better Margin of Safety with Stickier Tenants 1. Total Enterprise Value for each peer net lease company is from the Stifel Triple-Net REITs Comp Sheets 6/30/2024 report. 2. Portfolio size is based on total square feet and is from available information published on each company's website, as of J ...

The reported revenue represents a surprise of +3.22% over the Zacks Consensus Estimate of $12.1 million. With the consensus EPS estimate being $0.39, the EPS surprise was +10.26%. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Revenues- Interest Income from Commercial Loans and Investments: $0.99 million versus the twoanalyst average estimate of $0.85 million. ...

Alpine Income (PINE) came out with quarterly funds from operations (FFO) of $0.43 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to FFO of $0.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 10.26%. A quarter ago, it was expected that this company would post FFO of $0.38 per share when it actually produced FFO of $0.41, delivering a surprise of 7.89%. Over the last four quarters, the company ha ...