earnings
confidence high
sentiment positive
materiality 0.80
Alpine Q1 net income $2.2M; raises 2026 AFFO guidance to $2.11-$2.15
Alpine Income Property Trust, Inc.
2026-Q1 EPS reported
$0.06
revenue$18,406,000
- Net income attributable to PINE of $2.2M ($0.06/diluted share) vs loss of $1.2M in Q1 2025.
- AFFO per diluted share $0.53 vs $0.44 year-over-year, a 20.5% increase.
- Completed $74M of gross investment activity at 14% blended initial yield.
- Raised 2026 investment guidance to $170M-$200M; AFFO guidance raised to $2.11-$2.15 per share.
- Issued $36.2M of common and preferred equity via ATM programs in Q1 2026.