NYSE$PINE

Alpine Income Property Trust Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Alpine Income Property Trust reported earnings for Q4 2020, demonstrating growth through strategic acquisitions and high occupancy rates.

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%.

Headline financials

Total Revenue

$5.39M

Previous: $1.39M+286.3%
EPS (adj)

$0.36

Previous: -$0.38+196.0%
Net Income

$216K

No prior period
Operating Income

$703K

No prior period
Gross Profit

$4.77M

No prior period
Cash & Equivalents

$1.89M

No prior period
Total Assets

$262M

No prior period
Stock-Based Comp

$96.7K

No prior period

Revenue & EPS history

Alpine Income Property Trust · Revenue · Quarterly

$5.39M

Q4 2020+286.3%vs Q4 2019
Beat estimate in 5 of 9 quarters(56%)
ActualEstimate

Revenue by segment

Alpine Income Property Trust · $30.8M total across 11 segments · Q2 2023

  • Home Improvement
    $4.96M
  • Dollar Stores
    $4.96M
  • Pharmacy
    $4.96M
  • Sporting Goods
    $4.6M
  • Home Furnishings
    $2.62M
  • Consumer Electronics
    $2.3M
  • Grocery
    $1.99M
  • Entertainment
    $1.99M
  • Off-Price Retail
    $1.59M
  • Casual Dining
    $399K
  • Other
    $399K

Forward guidance

The Company's outlook and guidance for 2021 assumes improvement in economic activity and stable business trends.

Tailwinds

  • 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

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+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

Earnings price reactions
QuarterReport dateReaction (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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