NYSE$PINE
Alpine Income Property Trust Inc · Q2 2026 earnings
Q2 2026 earnings · · After market close · Investor relations
Briefing
Alpine Income Property Trust Inc reported second quarter 2026 operating and financial results including $77 million of gross investment activity at a 9% blended initial yield.
The company completed approximately $77 million of investments during the quarter at an attractive blended yield of nearly 9%, growing its property portfolio ABR to $50 million with 55% from investment grade tenants. Total revenues reached $20.0 million, net income attributable to common stockholders was $3.0 million or $0.16 per diluted share, and FFO per diluted share increased to $0.57. The board authorized a 6.7% increase in the quarterly common dividend to $0.32 per share.
- Completed $76.6 million in total investments during Q2 at 8.7% weighted average initial yield.
- Property portfolio reached 128 properties, 4.5 million square feet, 99.5% occupancy and $50 million ABR across 31 states.
- FFO attributable to common stockholders rose to $10.5 million or $0.57 per diluted share versus $6.8 million or $0.44 last year.
- Net debt to pro forma adjusted EBITDA improved to 6.4x with total liquidity of $83.3 million and fixed charge coverage of 3.0x.
Headline financials
Revenue & EPS history
Alpine Income Property Trust · Revenue · Quarterly
$20M
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
Company revised 2026 full-year outlook with net income per diluted share now expected at $0.81 to $0.84 and FFO per diluted share at $2.10 to $2.13.
Tailwinds
- Investment volume guidance maintained at $170-200 million.
- Disposition volume narrowed to $20-40 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
+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 |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| 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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro