PINE Stock Analysis: Alpine Income Property | NYSE
REIT - Retail | NYSE, USA | Market Cap: 365m USD | 12M Return: 49% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.65M
Qual. Beats: 0
Rev. Trend: 97.8%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 6.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust (REIT) focused on acquiring and operating single-tenant net leased commercial properties. As a REIT, the company operates under a structure that generally requires it to distribute the majority of its taxable income to shareholders in the form of dividends.
The firms investment strategy centers on owning properties leased primarily to investment-grade public and credit-rated tenants. Single-tenant net lease (STNL) arrangements typically shift property-level operating costs, such as taxes, insurance, and maintenance, to the tenant, limiting the landlords direct operating exposure.
In addition to its core property portfolio, Alpine complements its income strategy with select commercial loan investments intended to enhance overall risk-adjusted returns. The company was established on August 19, 2019 in Maryland and is headquartered in Winter Park, Florida.
- Net lease occupancy and tenant credit quality drive AFFO growth
- Interest rate environment pressures net lease REIT valuations
- Acquisition pipeline growth expands net leased property portfolio
| Net Income: 707k TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.06 > 0.02 and ΔFCF/TA -1.30 > 1.0 |
| NWC/Revenue: -20.75% < 20% (prev 227.7%; Δ -248.4% < -1%) |
| CFO/TA 0.03 > 3% & CFO 22.2m > Net Income 707k |
| Net Debt (372.2m) to EBITDA (46.1m): 8.07 < 3 |
| Current Ratio: 0.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (16.8m) vs 12m ago 5.78% < -2% |
| Gross Margin: 59.60% > 18% (prev 81.38%; Δ -21.77% > 0.5%) |
| Asset Turnover: 9.30% > 50% (prev 8.34%; Δ 0.96% > 0%) |
| Interest Coverage Ratio: 1.10 > 6 (EBIT TTM 18.8m / Interest Expense TTM 17.0m) |
| A: -0.02 (Total Current Assets 2.62m - Total Current Liabilities 16.1m) / Total Assets 745.1m |
| B: -0.05 (Retained Earnings -39.1m / Total Assets 745.1m) |
| C: 0.03 (EBIT TTM 18.8m / Avg Total Assets 696.3m) |
| D: 0.76 (Book Value of Equity 312.5m / Total Liabilities 411.5m) |
| Altman-Z'' = 0.69 = B |
| DSRI: 1.64 (Receivables 218.6m/111.3m, Revenue 64.7m/54.0m) |
| GMI: 1.37 (GM 81.38% / 59.60%) |
| AQI: 1.25 (AQ_t 0.99 / AQ_t-1 0.79) |
| SGI: 1.20 (Revenue 64.7m / 54.0m) |
| TATA: -0.03 (NI 707k - CFO 22.2m) / TA 745.1m) |
| Beneish M = -1.88 (Cap -4..+1) = B |
As of July 13, 2026, the stock is trading at USD 20.57 with a total of 76,501 shares traded. Over the past week, the price has changed by -0.24%, over one month by +2.08%, over three months by +8.24% and over the past year by +48.96%.
Current recommended Stop Loss: 19.40 (which is 5.7% or 2 ATR below the current price).
Alpine Income Property has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy PINE.
- StrongBuy: 8
- Buy: 2
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 21.4 | 3.8% |
P/E Forward = 91.7431
P/S = 5.6208
P/B = 1.0816
Revenue TTM = 64.7m USD
EBIT TTM = 18.8m USD
EBITDA TTM = 46.1m USD
Long Term Debt = 359.4m USD (from longTermDebt, last quarter)
Short Term Debt = 233k USD (from shortTermDebt, last quarter)
Debt = 374.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 7.68m
Net Debt = 372.2m USD (calculated: Debt 374.8m - CCE 2.62m)
Enterprise Value = 737.3m USD (365.1m + Debt 374.8m - CCE 2.62m)
Interest Coverage Ratio = 1.10 (Ebit TTM 18.8m / Interest Expense TTM 17.0m)
EV/FCF = -15.89x (Enterprise Value 737.3m / FCF TTM -46.4m)
FCF Yield = -6.29% (FCF TTM -46.4m / Enterprise Value 737.3m)
FCF Margin = -71.67% (FCF TTM -46.4m / Revenue TTM 64.7m)
Net Margin = 1.09% (Net Income TTM 707k / Revenue TTM 64.7m)
Gross Margin = 59.60% ((Revenue TTM 64.7m - Cost of Revenue TTM 26.1m) / Revenue TTM)
Gross Margin QoQ = 2.18% (prev 81.85%)
Tobins Q-Ratio = 0.99 (Enterprise Value 737.3m / Total Assets 745.1m)
Interest Expense / Debt = 4.54% (Interest Expense 17.0m / Debt 374.8m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 14.9m (EBIT 18.8m * (1 - 21.00%))
Current Ratio = 0.16 (Total Current Assets 2.62m / Total Current Liabilities 16.1m)
Debt / Equity = 1.20 (Debt 374.8m / totalStockholderEquity, last quarter 312.5m)
Debt / EBITDA = 8.07 (Net Debt 372.2m / EBITDA 46.1m)
Debt / FCF = -8.02 (negative FCF - burning cash) (Net Debt 372.2m / FCF TTM -46.4m)
Total Stockholder Equity = 261.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.10% (Net Income 707k / Total Assets 745.1m)
RoE = 0.27% (Net Income TTM 707k / Total Stockholder Equity 261.4m)
RoCE = 3.03% (EBIT 18.8m / Capital Employed (Equity 261.4m + L.T.Debt 359.4m))
RoIC = 2.04% (NOPAT 14.9m / Invested Capital 726.7m)
WACC = 4.90% (E(365.1m)/V(739.9m) * Re(6.25%) + D(374.8m)/V(739.9m) * Rd(4.54%) * (1-Tc(0.21)))
Discount Rate = 6.25% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 51.11 | Cagr: 4.67%
[DCF] Fair Price = unknown (Cash Flow -46.4m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.74 | # QB: 0
Revenue Correlation: 97.84 | Revenue CAGR: 13.88% | SUE: 1.12 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.14 | Chg30d=+30.18% | Revisions=+40% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.15 | Chg30d=+40.10% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=0.68 | Chg30d=+58.99% | Revisions=+40% | GrowthEPS=+336.0% | GrowthRev=+25.4%
EPS next Year (2027-12-31): EPS=0.49 | Chg30d=+24.82% | Revisions=+0% | GrowthEPS=-28.0% | GrowthRev=+6.0%
[Analyst] Revisions Ratio: +36% (up=6, down=2)