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 ...

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Alpine Income (PINE) and Sabra Healthcare (SBRA) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that t ...

WINTER PARK, Fla., Aug. 20, 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 third quarter of 2024 (the "Common Stock Cash Dividend"). The Common Stock Cash Dividend represents a 1.8% increase as compared to the Company's previous quarterly cash dividend of $0.275 per share of common stock and an annualized yie ...

RiverNorthPhotography/iStock Unreleased via Getty Images Introduction Alpine Income Property Trust (NYSE:PINE) is a U.S. based, retail focused REIT with 137 net lease properties spread across 34 different states. As of Q2 FY2024, they reported a 99.1% occupancy rate. This stacks up well against peers, as the average occupancy rate for publicly traded U.S. retail REITs was only 96.5% as of April this year. Since their IPO back in 2019, they have grown their property count by nearly 7x and expanded from $13.3 ...

Alpine Income (PINE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. The ...

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 ...

Alpine Income Property Trust, Inc. (NYSE:PINE) Q2 2024 Earnings Conference Call July 19, 2024 9:00 AM ET Company Participants John Albright - President, CEO Phil Mays - Chief Financial Officer Steven Greathouse - Chief Investment Officer Conference Call Participants Gaurav Mehta - Alliance Global Partners RJ Milligan - Raymond James Rob Stevenson - Janney Montgomery Scott Wesley Golladay - Baird Matthew Erdner - Jones Trading John Massocca - B. Riley Securities Barry Oxford - Colliers International Operator ...