PINE, PINE-PA · CIK 0001786117 · operating
# Alpine Income Property Trust, Inc.
Alpine Income Property Trust is a publicly traded real estate investment trust headquartered in Winter Park, Florida, that generates income through ownership and operation of single-tenant net leased commercial properties. The company's primary strategy involves acquiring properties leased to creditworthy tenants—predominantly publicly traded companies with investment-grade ratings—under net lease structures where tenants bear responsibility for property taxes, insurance, and maintenance costs. This model provides stable, predictable cash flows to support the company's dividend distributions.
The company's revenue streams consist primarily of rental income from its leased property portfolio, complemented by a secondary investment focus in commercial loan investments. The loan component is designed to provide additional risk-adjusted returns and enhance portfolio diversification beyond traditional real estate holdings. The company operates across the United States with a portfolio of retail and other commercial properties.
As a REIT with a market capitalization of approximately $300 million, Alpine is significantly smaller than many of its peers in the net lease sector. The company's operating scale reflects its focused investment approach and selective acquisition strategy targeting properties with high-quality tenant profiles and stable lease structures.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-0.22 | $-0.22 | -257.1% | |
| 2024 | $0.14 | $0.15 | -26.3% | |
| 2023 | $0.19 | $0.21 | -91.2% | |
| 2022 | $2.17 | $2.48 | +143.8% | |
| 2021 | $0.89 | $1.02 | +709.1% | |
| 2020 | $0.11 | $0.13 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-05 | 0001104659-26-010910 | SEC ↗ |
| 2024-12-31 | 2025-02-06 | 0001558370-25-000687 | SEC ↗ |
| 2023-12-31 | 2024-02-08 | 0001558370-24-000899 | SEC ↗ |
| 2022-12-31 | 2023-02-09 | 0001558370-23-001074 | SEC ↗ |
| 2021-12-31 | 2022-02-10 | 0001558370-22-001014 | SEC ↗ |
| 2020-12-31 | 2021-02-16 | 0001558370-21-001062 | SEC ↗ |
| 2019-12-31 | 2020-02-21 | 0001104659-20-023927 | SEC ↗ |