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Dec 31, 2020
Alpine Income Property Trust Q4 2020 Earnings Report
Alpine Income Property Trust reported earnings for Q4 2020, demonstrating growth through strategic acquisitions and high occupancy rates.
Key Takeaways
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.
Collected 100% of contractual base rent for Q4 2020.
Acquired three single tenant net leased properties for $17.4 million with a weighted-average going-in cash cap rate of 7.0%.
Increased the fourth quarter cash dividend by 10% to $0.22 per share.
Achieved a year-end, sector-leading occupancy of 100%.
Forward Guidance
The Company's outlook and guidance for 2021 assumes improvement in economic activity and stable business trends.
Positive Outlook
- FFO Per Diluted Share Low: $1.50
- FFO Per Diluted Share High: $1.70
- AFFO Per Diluted Share Low: $1.45
- AFFO Per Diluted Share High: $1.65
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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