ALPINE INCOME PROPERTY TRUST INC (PINE)
Real Estate · Net Lease REIT · NYSE
A net-lease REIT generating stable income from creditworthy commercial tenants across 127 US properties while building a secondary lending portfolio.
What ALPINE INCOME PROPERTY TRUST INC does
Alpine Income Property Trust is a Maryland-based REIT that owns and operates a diversified portfolio of 127 net-leased commercial properties across 32 US states. The company's properties are leased to creditworthy tenants on long-term leases with weighted average remaining lease terms of 8.4 years, and tenants are responsible for most operating expenses. Additionally, the REIT invests in commercial loans and investments, including construction loans, mortgage notes, and sale-leaseback properties with tenant repurchase rights.
Themes: ["Net lease REIT","Commercial real estate investment","Real estate income generation","E-commerce-resistant properties"]
Fundamentals
- Price$20.45 as of 2026-07-09 close
- Market cap$339M as of 2026-07-10
- 1-year return+40.7% as of 2026-07-09 close
- P/E478.91 as of 2026-07-10
- Net margin+1.1% as of 2026-07-10
- Gross margin+88.1% as of 2026-07-10
- ROE+0.3% as of 2026-07-10
- Debt / equity1.22 as of 2026-07-10
- Revenue growth (YoY)+19.9% as of 2026-07-10
- Revenue CAGR (3y)+10.2% SEC XBRL
- Beta0.59 as of 2026-07-10
Dividend: yield +5.7%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Tenant credit risk and lease default exposure; as of Q1 2026, 49% of annualized base rent derives from non-investment-grade tenants","Interest rate and debt refinancing risk; long-term debt of $359.4 million as of March 31, 2026 represents ~48% of total assets","Real estate market downturn and property valuation risk; portfolio encompasses properties spread across 95 markets with exposure to local economic conditions"]
Competitors & peers
- Realty Income Corporation (O)
- National Retail Properties (NRP)
- STORE Capital (STOR)
- W. P. Carey (WPC)
- Spirit Realty Capital (SRC)
- Four Corners Property Trust (FCPT)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.