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. "On behalf of the Board, I want to thank Jeff for his service to PINE," said Andrew Richardson, Ch ...

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. 2024 Investment Activity In November 2024, the Company completed a $28 million purchase of a portfolio of 5 single-tenant properties anchored by BJ's Wholesale Club, all of which are located in the greate ...

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Alpine Income (PINE) and EastGroup Properties (EGP) . 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 proven Zacks Rank puts an emphasis on earnings estimates ...

Alpine Income (PINE) reported $13.48 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 16.6%. EPS of $0.45 for the same period compares to -$0.05 a year ago. The reported revenue represents a surprise of +11.59% over the Zacks Consensus Estimate of $12.08 million. With the consensus EPS estimate being $0.40, the EPS surprise was +12.50%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...

I've been covering Alpine Income Property (NYSE: PINE ) since the company spun its freestanding properties from CTO Realty ( CTO ). In my first article (on PINE) I explained. Introducing iREIT® Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our quality scores, buy targets, and trim targets. We recently added an all-new Ratings Tracker called iREIT Bu ...

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Kindly note that our content on Seeking Alpha and other platforms doesn't constitute financial advice ...

Alpine Income Property Trust, Inc. (NYSE:PINE) Q3 2024 Earnings Conference Call October 18, 2024 9:00 AM ET Company Participants John Albright - President, Chief Executive Officer, Director Phil Mays - Senior Vice President, Chief Financial Officer, Treasurer Conference Call Participants Michael Goldsmith - UBS RJ Milligan - Raymond James Wesley Golladay - Baird Rob Stevenson - Janney Montgomery Scott Matthew Erdner - Jones Trading John Massocca - B. Riley Securities Craig Kucera - Lucid Capital Markets Op ...

Alpine Income (PINE) came out with quarterly funds from operations (FFO) of $0.45 per share, beating the Zacks Consensus Estimate of $0.40 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 12.50%. A quarter ago, it was expected that this company would post FFO of $0.39 per share when it actually produced FFO of $0.43, delivering a surprise of 10.26%. Over the last four quarters, the company h ...

Press Release FOR IMMEDIATE RELEASE ALPINE INCOME PROPERTY TRUST REPORTS THIRD QUARTER 2024 OPERATING RESULTS WINTER PARK, FL – October 17, 2024 – 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 its operating results and earnings for the quarter ended September 30, 2024. Select Highlights ◾ Net Income per diluted share attributable to the Company of $0.21. ◾ Funds from Operations ("FFO" ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39143 ALPINE INCOME PROPERTY TRUST, INC. (Exact name of registrant as specified in its charter) Maryland 84-2769895 ( ...