alpine income property trust, inc. (nyse: pine) is a publicly traded real estate investment trust that acquires, owns and operates a portfolio of high-quality single-tenant net leased commercial income properties.
Company profile
Ticker
PINE
Exchange
Website
CEO
John P. Albright
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Alpine Income Property GP, LLC • Alpine Income Property OP, LP • Bluebird Metrowest Orlando LLC • CTLC18 Lynn MA LLC • CTO16 Charlottesville VA LLC • CTO16 Huntersville LLC • CTO16 Raleigh LLC • CTO16 Reno LLC • CTO17 Brandon FL LLC • CTO17 Hillsboro OR LLC ...
PINE stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
18 Apr 24
8-K
Results of Operations and Financial Condition
18 Apr 24
ARS
2023 FY
Annual report to shareholders
9 Apr 24
DEFA14A
Additional proxy soliciting materials
9 Apr 24
DEF 14A
Definitive proxy
9 Apr 24
8-K
Departure of Directors or Certain Officers
29 Mar 24
8-K
Departure of Directors or Certain Officers
28 Feb 24
10-K
2023 FY
Annual report
8 Feb 24
8-K
Results of Operations and Financial Condition
8 Feb 24
8-K
Other Events
20 Oct 23
Transcripts
PINE
Earnings call transcript
2024 Q1
19 Apr 24
PINE
Earnings call transcript
2023 Q4
9 Feb 24
PINE
Earnings call transcript
2023 Q3
20 Oct 23
PINE
Earnings call transcript
2023 Q2
21 Jul 23
PINE
Earnings call transcript
2023 Q1
21 Apr 23
PINE
Earnings call transcript
2022 Q4
10 Feb 23
PINE
Earnings call transcript
2022 Q3
21 Oct 22
PINE
Earnings call transcript
2022 Q2
22 Jul 22
PINE
Earnings call transcript
2022 Q1
22 Apr 22
PINE
Earnings call transcript
2021 Q4
11 Feb 22
Latest ownership filings
4
Andrew C Richardson
2 Apr 24
4
Jeffrey Scott Yarckin
2 Apr 24
4
Wein Rachel Elias
2 Apr 24
4
Morton Carson Good
2 Apr 24
4
Mark Okey Decker Jr
2 Apr 24
4
Mark Okey Decker Jr
21 Feb 24
SC 13G/A
GP Invitation Fund II LP
14 Feb 24
SC 13G
VANGUARD GROUP INC
13 Feb 24
5
Mark Okey Decker Jr
30 Jan 24
SC 13G
BlackRock Inc.
29 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 17.43 mm | 17.43 mm | 17.43 mm | 17.43 mm | 17.43 mm | 17.43 mm |
Cash burn (monthly) | 3.47 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 23.81 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -6.38 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -1.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
79.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 82 |
Opened positions | 6 |
Closed positions | 15 |
Increased positions | 32 |
Reduced positions | 23 |
13F shares | Current |
---|---|
Total value | 124.99 bn |
Total shares | 10.83 mm |
Total puts | 21.30 k |
Total calls | 27.20 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
CTO CTO Realty Growth Inc - Ordinary Shares- | 2.33 mm | $36.88 mm |
BLK Blackrock | 755.89 k | $12.37 bn |
Vanguard | 731.38 k | $11.97 bn |
Goff John C | 534.85 k | $8.75 bn |
GP Invitation Fund II | 534.85 k | $8.02 mm |
Sound Income Strategies | 533.54 k | $8.73 bn |
Russell Investments | 499.60 k | $8.17 bn |
Heartland Advisors | 400.00 k | $6.54 bn |
Kennedy Capital Management | 374.01 k | $6.12 bn |
Pacific Ridge Capital Partners | 332.51 k | $5.44 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Richardson Andrew C | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 15.4815 | 1,259 | 19.49 k | 17,819 |
1 Apr 24 | Yarckin Jeffrey Scott | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 15.4815 | 968 | 14.99 k | 15,705 |
1 Apr 24 | Wein Rachel Elias | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 15.4815 | 968 | 14.99 k | 9,705 |
1 Apr 24 | Good Morton Carson | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 15.4815 | 968 | 14.99 k | 15,705 |
1 Apr 24 | Mark Okey Decker Jr | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 15.4815 | 968 | 14.99 k | 21,771 |
News
BTIG Maintains Buy on Alpine Income Prop Trust, Lowers Price Target to $19
22 Apr 24
Evaluating Alpine Income Prop Trust: Insights From 4 Financial Analysts
19 Apr 24
Stifel Maintains Buy on Alpine Income Prop Trust, Lowers Price Target to $18.75
19 Apr 24
JonesTrading Maintains Buy on Alpine Income Prop Trust, Lowers Price Target to $18
19 Apr 24
Earnings Scheduled For April 18, 2024
18 Apr 24
Press releases
Alpine Income Property Trust Reports First Quarter 2024 Operating Results
18 Apr 24
CTO Realty Growth Announces Pricing of Public Offering of 6.375% Series A Cumulative Redeemable Preferred Stock
4 Apr 24
CTO Realty Growth Announces Commencement of Public Offering of 6.375% Series A Cumulative Redeemable Preferred Stock
3 Apr 24
CTO Realty Growth Announces First Quarter 2024 Earnings Release and Conference Call Information
27 Mar 24
Alpine Income Property Trust Announces First Quarter 2024 Earnings Release and Conference Call Information
27 Mar 24