# Alpine Income Property Trust Inc. (PINE) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Real Estate / Retail REITs. Price $16.63, market value $319 million.

## Valuation
- **P/E (trailing): 33.9×** (5-yr avg 51.8×, 3-yr avg 91.7×). Alpine Income Property Trust Inc. trades at 33.9× trailing earnings, well below its own five-year average of 51.8×: cheap by its own standards. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 37.0×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 4.2×**. Each dollar of revenue is priced at 4.2×.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 13.5×**. Enterprise value is 13.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Earnings yield: 2.9%**. The inverse of the P/E: 2.9% of the price is earned each year.

## Profitability
- **Operating margin: 41.1%**. 41.1% of revenue is left after running the business, an exceptional level.
- **Net margin: -4.4%**. The company reported a net loss over the last twelve months.
- **Return on equity: -0.9%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 3.3%**. Return on all capital, debt included, is 3.3%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 1.8%**. Each dollar of assets produces 1.8% of profit.

## Growth
- **Revenue growth (1 yr): 15.9%** (3-yr 10.2%/yr, 5-yr 25.8%/yr). Revenue grew 15.9% over the last year, against 25.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -257.1%**. Earnings per share fell 257.1%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 1.71**. Debt is 1.71 times equity, a leveraged balance sheet, which is normal for real estate.
- **Net debt / EBITDA: 8.0×**. It would take 8.0 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 1.15**. A Z-score of 1.15 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 7.25%** ($1.21 per share, trailing). Alpine Income Property Trust Inc. yields 7.25%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 7**. 7 straight years of increases.
- **Dividend growth (5 yr): 6.8%/yr** (1-yr 2.7%). The dividend has grown 6.8% a year over five years.

## Analyst view
- **Analyst consensus: buy** (10 analysts). 10 analysts cover Alpine Income Property Trust Inc.; the consensus is buy, with an average price target of $19.90 (+20% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 20.8%** (YTD 4.4%, 3-mo -16.6%). The shares are up 20.8% over twelve months including dividends.
- **From 52-week high: -24.4%** (14.6% above the low). Trading 24% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 45**. An RSI of 45 is neutral.
- **Beta (1 yr): 0.22** (volatility 25%). Beta of 0.22 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PINE · Page: https://foliofundamentals.com/stocks/pine

Not investment advice.