ALPINE INC.PROP.TR.DL-,01

Alpine Income Property Trust plans a public offering of cumulative, redeemable Series A preferred shares with a $25.00 per share liquidation preference and intends to list them on the NYSE under the ticker PINE-PA. The REIT expects to use net proceeds for general corporate purposes and working capital, including property acquisitions, lending and investment opportunities, and debt repayment. Raymond James, Stifel and Baird are leading the syndicate; the offering will be made pursuant to the existing shelf registration (Form S-3) and is subject to closing and market conditions. Alpine’s common stock yields 7.71%, the company has raised its dividend for six consecutive years, but it recently reported mixed Q3 results with EPS of -$0.09 and declining revenue. » Więcej na de.investing.com

Alpine Income reported Q3 earnings per share of -$0.09 and revenue of $14.56 million, missing expectations. The presentation highlights a portfolio of 128 net-lease properties with 99% occupancy and a high dividend yield of 8.0%, while the company is expanding its strategy to include high-yield investment loans to boost returns. Investors reacted negatively; the stock fell after the release and remains near its 52-week low, and Alpine continues to trade at a valuation discount to the peer-group average (8.1x vs. 14.0x AFFO). » Więcej na de.investing.com

Alpine Income Property Trust clearly missed earnings expectations in the second quarter of 2025, reporting EPS of -$0.12, but exceeded forecasts with revenue of $14.86 million. Despite operational challenges and concerns about profitability, the stock rose more than 5% after hours as investors responded positively to the company's strong occupancy rate and strategic investments. The company remains optimistic for the full year and plans to expand investments and further optimize its portfolio. » Więcej na de.investing.com