PINE Alpine Income Property Trust, Inc.
Price Chart
Executive Summary
Alpine Income Property Trust reported strong Q1 2026 results with revenue of $18.4 million and AFFO per share of $0.53, beating prior-year figures. The company raised its 2026 investment guidance to $170–200 million and increased AFFO per share guidance to $2.11–$2.15, signaling confidence in growth. It also raised $36 million in equity via ATM programs and improved its credit facility.
Actionable Insight
The raised investment and AFFO guidance, combined with strong capital markets activity, suggest accelerating growth. Monitor Q2 for continued execution on the higher investment volume and any further balance sheet improvements.
Key Facts
- Q1 2026 revenue: $18.4 million (vs. $14.2 million in Q1 2025)
- AFFO per diluted share: $0.53 (vs. $0.44 in Q1 2025)
- Raised 2026 investment guidance from $70–100M to $170–200M
- Increased 2026 AFFO per share guidance to $2.11–$2.15 (from $2.09–$2.13)
- Raised $36.2 million in equity via ATM programs in Q1
- Completed $74 million in investments at a 14.1% blended initial yield
Financial Impact
Revenue up 29.6% YoY, AFFO per share up 20.5% YoY, with raised full-year guidance indicating sustained growth
Risk Factors
- Increased leverage from higher investment volume
- Execution risk in deploying $170–200 million in investments at targeted yields
- Interest rate sensitivity given floating-rate debt exposure
Market Snapshot
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-047698 |
| Document: pine-20260423xex99d2.htm | 0001104659-26-047698 |
| Document: pine-20260423x8k.htm | 0001104659-26-047698 |
| Document: 0001104659-26-047698-index-headers.html | 0001104659-26-047698 |
| Document: 0001104659-26-047698-index.html | 0001104659-26-047698 |
| Document: 0001104659-26-047698.txt | 0001104659-26-047698 |
| 8-K Data (Synthetic) | 0001104659-26-047698 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 11, 2026
5d ago
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Institutional Cluster
| $20.15 $19.98 | ▼ −0.84% | ▼ −2.61% | $20.09 (−0.30%) |
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May 8, 2026
5w ago
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144
| $25.28 $25.27 | ▼ −0.04% | ▼ −0.27% | $20.09 (−20.53%) |
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Apr 24, 2026
7w ago
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8-K
| $25.51 $25.51 | · 0.00% | ▲ +0.49% | $20.09 (−21.25%) |
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Apr 24, 2026
7w ago
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424B5
| $25.51 $25.51 | · 0.00% | ▲ +0.49% | $20.09 (−21.25%) |
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Apr 23, 2026
7w ago
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8-K
| $25.45 $25.51 | ▲ +0.24% | ▲ +0.07% | $20.09 (−21.06%) |
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Apr 23, 2026
7w ago
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Press Release
| $19.83 $19.04 | ▼ −3.98% | ▼ −4.15% | $20.09 (+1.31%) |
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Apr 7, 2026
10w ago
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DEFA14A
| $25.11 $25.11 | · 0.00% | ▼ −0.57% | $20.09 (−19.99%) |
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Mar 30, 2026
11w ago
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144
| $24.91 $24.93 | ▲ +0.08% | ▼ −2.81% | $20.09 (−19.35%) |
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Mar 26, 2026
11w ago
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Press Release
| $17.96 $18.00 | ▲ +0.22% | ▲ +0.58% | $20.09 (+11.86%) |
US Market Status
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