(PINE) Alpine Income Property - Ratings and Ratios

Alpine Income Property Trust, Inc. (NYSE: PINE) operates as a real estate investment trust (REIT) specializing in commercial net lease properties, offering a portfolio designed for stable income generation. Established in 2019, PINE is structured as a Maryland corporation with no employees, relying on external management by Alpine Income Property Manager, LLC, a subsidiary of CTO Realty Growth, Inc. (NYSE: CTO), a publicly traded REIT. This external management arrangement allows PINE to leverage CTOs expertise in real estate investment and management.

As a net lease REIT, PINE focuses on acquiring and managing properties where tenants are responsible for operational expenses, enhancing the predictability of cash flows. This strategy aligns with the broader REIT sectors appeal for income-focused investors. The relationship with CTO Realty Growth provides strategic advantages, including access to a proven management framework and potential deal sourcing capabilities.

Technically, PINEs stock exhibits stability with SMAs clustering around $16.58 and an ATR of 0.35, indicating low volatility. The average 20-day volume of 92,761 shares suggests moderate liquidity. Fundamentally, with a market cap of $262.14M, PINEs high P/E of 117.64 reflects market expectations for future growth, while the forward P/E of 65.36 indicates anticipated earnings improvements. The P/B ratio of 0.95, just below 1, may attract value investors. The P/S ratio of 5.02 is within industry norms, and the RoE of 0.75, while modest, aligns with sector peers.

3-Month Forecast: PINE is expected to maintain its stable performance. Technically, the stock may trade sideways given the flat SMAs, supported by low ATR, suggesting minimal price fluctuations. Fundamentally, the high P/E ratio indicates market confidence in future growth, while the lower forward P/E suggests anticipated earnings improvements. The P/B ratio near 1 may attract value investors, positioning PINE as a potential candidate for those seeking undervalued opportunities in the REIT sector.