NYSE$PINE
Alpine Income Property Trust Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Alpine Income Property Trust reported operating results for the second quarter of 2021.
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.
- Net Income per diluted share attributable to the Company was $0.03.
- FFO per diluted share was $0.38, an increase of 31.0% from the prior year period.
- AFFO per diluted share was $0.39, an increase of 143.8% from the prior year period.
- The Company acquired 18 net lease properties for a total of $81.3 million with a weighted-average going-in cash cap rate of 7.3%.
Headline financials
Revenue & EPS history
Alpine Income Property Trust · Revenue · Quarterly
$6.6M
Revenue by segment
Alpine Income Property Trust · $30.8M total across 11 segments · Q2 2023
- Home Improvement$4.96M—16.1%
- Dollar Stores$4.96M—16.1%
- Pharmacy$4.96M—16.1%
- Sporting Goods$4.6M—14.9%
- Home Furnishings$2.62M—8.5%
- Consumer Electronics$2.3M—7.5%
- Grocery$1.99M—6.5%
- Entertainment$1.99M—6.5%
- Off-Price Retail$1.59M—5.2%
- Casual Dining$399K—1.3%
- Other$399K—1.3%
Forward guidance
The Company has revised its outlook for 2021 to take into account the Company’s second quarter performance and the expected impact of the Company’s various investment activities and capital markets transactions, including the additional common share and OP Unit issuances.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+1.4%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+0.4%
Avg return
30 days after
60%
15 / 25 earnings
Positive
+13.8%
Q1 2020
Best reaction
-12.7%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -2.9% | -2.8% | |
| Q4 2025 | +6.3% | +5.7% | +5.7% | |
| Q3 2025 | -0.4% | +4.0% | +20.0% | |
| Q2 2025 | -0.4% | +1.6% | +0.1% | |
| Q1 2025 | -4.9% | -5.1% | -8.5% | |
| Q4 2024 | -6.4% | -7.1% | -4.3% | |
| Q3 2024 | +3.2% | +1.5% | -1.5% | |
| Q2 2024 | -0.8% | +2.1% | +2.2% | |
| Q1 2024 | +2.0% | +6.1% | +8.6% | |
| Q4 2023 | +2.0% | +1.6% | +3.7% | |
| Q3 2023 | -12.7% | -11.1% | -3.1% | |
| Q2 2023 | +2.2% | +2.5% | +2.3% | |
| Q1 2023 | +1.0% | -0.4% | -1.8% | |
| Q4 2022 | +2.1% | -3.8% | -17.7% | |
| Q3 2022 | +2.1% | +7.1% | +10.4% | |
| Q2 2022 | +3.2% | +5.0% | +1.7% | |
| Q1 2022 | -0.4% | -0.6% | -6.5% | |
| Q4 2021 | -0.3% | -3.4% | -1.5% | |
| Q2 2021 | -0.3% | -3.7% | -9.8% | |
| Q1 2021 | +2.1% | +0.0% | -0.1% | |
| Q4 2020 | +8.0% | +7.8% | +3.4% | |
| Q3 2020 | +10.1% | +4.2% | +7.3% | |
| Q2 2020 | +3.6% | +1.2% | +0.9% | |
| Q1 2020 | +13.8% | +11.7% | +8.5% | |
| Q4 2019 | +0.4% | +0.3% | -7.7% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
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