PINE

WINTER PARK, Fla., Oct. 29, 2026 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”), today announced the successful closing of its previously announced 2030 term loan due October 2030 (the “2030 Term Loan”) and upsized revolving credit facility (“Revolving Credit Facility”) providing $175 million in unsecured financings consisting of: A new $100 million 2030 Term Loan; and A $75 million increase in the aggregate amount of commitments under the Revolving Credit Facility to $325 million from $250 million.

Alpine Income (PINE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Alpine Income Property Trust offers a 7.5% dividend yield and trades at a significant discount to its net-lease REIT peers. Is that discount justified? Strong AFFO growth, low property acquisition costs, and attractive dividend coverage make PINE an interesting income investment, but there is more to the story. A closer look at PINE's financials reveals risks that traditional net-lease REIT investors might overlook. I explain why I still rate PINE a Buy, despite these concerns.

Alpine Income Property Trust, Inc. ( PINE ) Q3 2026 Earnings Call October 23, 2026 9:00 AM EDT Company Participants Jenna McKinney John Albright - President, CEO & Director Philip Mays - Senior VP, CFO & Treasurer Conference Call Participants Jay Kornreich - Cantor Fitzgerald & Co., Research Division Matthew Erdner - JonesTrading Institutional Services, LLC, Research Division R.J. Milligan - Raymond James & Associates, Inc., Research Division Michael Goldsmith - UBS Investment Bank, Research Division Gaurav Mehta - Alliance Global Partners, Research Division Alex Fagan John Massocca - B.

Alpine Income Property Trust NYSE: PINE reported third-quarter funds from operations and adjusted funds from operations of $0.55 per diluted share, each up about 20% from the prior-year period, as the net-lease REIT increased investment activity and raised its full-year outlook.

– Record of Over $300 Million of Investment Activity Completed and Under-Contract Year-to-Date – – 2026 AFFO per Diluted Share Guidance Increased to $2.20 - $2.22 –

Alpine Income (PINE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

PINE, WASH and DBI made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 20, 2026.

Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Alpine Income (PINE) or Omega Healthcare Investors (OHI). But which of these two stocks presents investors with the better value opportunity right now?

Alpine Income Property Trust pivots from traditional net lease REIT to a hybrid model, expanding its loan book for higher yields. PINE's leverage profile has improved, with net debt to EBITDA down to 6.4x and net debt to enterprise value below 50%. Loan investments now comprise 30% of assets, offering 13%+ yields but introducing significant borrower and construction risk.