Alpine Income Property Trust Earnings Reports

Alpine Income Property Trust reported total revenues of $14.21 million for Q1 2025, an increase from $12.47 million in Q1 2024. The company posted a net loss of $(1.18) million, or $(0.08) per diluted share, but saw FFO per diluted share rise to $0.44 and AFFO per diluted share to $0.44. The company completed investments totaling $79.2 million at a weighted average initial cash yield of 9.0%.

Alpine Income Property Trust reported a net loss of $0.06 per diluted share for the fourth quarter of 2024. However, the company grew AFFO per share by 17% for the year and increased its dividend for Q1 2025. The company also closed investments of $134.7 million at an 8.7% cash yield in 2024.

Alpine Income Property Trust reported strong Q3 2024 results, marked by significant growth in earnings and strategic investments. The company's net income per diluted share was $0.21, with FFO and AFFO per diluted share increasing by 21.6% and 15.8% year-over-year, respectively. The company raised both FFO and AFFO guidance for the year.

Alpine Income Property Trust reported a positive second quarter with net income attributable to the Company of $0.01 per diluted share and FFO and AFFO per diluted share of $0.43, a 16.2% increase year-over-year. The company increased its full-year FFO and AFFO guidance, driven by net investment spreads.

Alpine Income Property Trust reported its Q1 2024 results, which included a net loss per diluted share of ($0.02), FFO per diluted share of $0.41 (up 13.9% year-over-year), and AFFO per diluted share of $0.42 (up 16.7% year-over-year). The company originated one first mortgage investment with a total funding commitment of $7.2 million, of which $3.6 million was funded during the quarter at an initial yield of 11.3%.

Alpine Income Property Trust reported a net income per diluted share of $0.02 for the quarter ended December 31, 2023. The company acquired two retail net lease properties for $3.0 million and originated two first mortgage investments with $30.8 million of funding commitments.

Alpine Income Property Trust reported a net loss per diluted share of ($0.05) for Q3 2023. The company acquired three retail net lease properties for $19.4 million and sold eight retail net lease properties for $20.6 million. Investment grade-rated tenant exposure increased to 64%.

Alpine Income Property Trust reported a mixed second quarter in 2023, marked by strategic asset recycling and improved tenant credit quality. The company invested over $60 million into industry-leading tenants, increasing investment-grade tenant exposure to 63%. However, net income and FFO per diluted share decreased compared to the prior year period.

Alpine Income Property Trust reported a net income of $3.339 million, or $0.21 per diluted share, for the quarter ended March 31, 2023. The company sold 10 net lease properties for $56.2 million, generating gains of $4.5 million. Investment grade-rated tenant exposure increased to 58%.

Alpine Income Property Trust reported a net income of $4,862,000 or $0.34 per diluted share for the fourth quarter of 2022. The company acquired seven retail net lease properties for $41.7 million and sold five net lease properties for $31.4 million during the quarter. Investment grade-rated tenant exposure increased to 54%.

Alpine Income Property Trust reported a solid third quarter with net income per diluted share of $0.72, FFO per diluted share of $0.40 (an increase of 8.1% year-over-year), and AFFO per diluted share of $0.42 (an increase of 13.5% year-over-year). The company acquired nine retail net lease properties for $36.7 million and sold six properties for $50.5 million, generating gains of $11.6 million. Additionally, the revolving credit facility was expanded from $150 million to $250 million.

Alpine Income Property Trust reported a strong second quarter in 2022, marked by strategic capital recycling, attractive asset pricing, and improved earnings growth. The company reinvested proceeds from dispositions into well-performing properties, enhancing overall portfolio quality and deleveraging the balance sheet.

Alpine Income Property Trust reported a strong start to 2022, highlighted by the sale of their last office property, shifting to a 100% retail portfolio, and acquiring $65.5 million in high-quality retail net lease properties.

Alpine Income Property Trust reported strong fourth-quarter results, highlighted by a significant increase in net income per share, driven by strategic acquisitions and dispositions, and an increase in dividends.

Alpine Income Property Trust reported a solid third quarter with increased revenue and net income. The company strategically acquired 19 net lease properties and sold one property, enhancing its portfolio. They also managed to raise the dividend and are expecting to raise the AFFO guidance by 5%.

Alpine Income Property Trust reported a strong second quarter in 2021, marked by significant acquisition volume and solid financial performance. The company acquired 18 net lease properties for $81.3 million and reported net income per diluted share of $0.03, FFO per diluted share of $0.38, and AFFO per diluted share of $0.39.

Alpine Income Property Trust announced an increase in the quarterly cash dividend to $0.25 per share for the second quarter of 2021, representing a 4.2% increase over the previous quarter.

Alpine Income Property Trust reported positive Q4 2020 results, achieving 100% rent collection, acquiring three new properties, and increasing its quarterly cash dividend. The company's portfolio continued to perform well, with a sector-leading occupancy rate.

Alpine Income Property Trust announced a 10% increase in its quarterly cash dividend to $0.22 per share for the fourth quarter of 2020, up from $0.20 per share in the previous quarter. The dividend is payable on December 31, 2020, to stockholders of record as of December 15, 2020.

Alpine Income Property Trust reported a net income per diluted share of $0.03, FFO per diluted share of $0.29, and AFFO per diluted share of $0.16 for the second quarter of 2020. The company collected 81% of contractual base rent due during the quarter and 94% of contractual base rent due in July 2020. Two single-tenant income properties were acquired for approximately $28.6 million.

Alpine Income Property Trust reported total revenues of $4,171,311 and net income attributable to Alpine Income Property Trust, Inc. of $12,669 for the quarter ended March 31, 2020. The company acquired nine single-tenant income properties for approximately $47.0 million.