The raised investment and AFFO guidance, combined with strong capital markets activity, suggest accelerating growth. Monitor Q2 for continued execution on the higher investment volume and any further balance sheet improvements.
Price Chart
Executive Summary
Alpine Income Property Trust reported strong Q1 2026 results with revenue of $18.4 million and AFFO per share of $0.53, beating prior-year figures. The company raised its 2026 investment guidance to $170–200 million and increased AFFO per share guidance to $2.11–$2.15, signaling confidence in growth. It also raised $36 million in equity via ATM programs and improved its credit facility.
Key Financial Metrics
Key Facts
- Q1 2026 revenue: $18.4 million (vs. $14.2 million in Q1 2025)
- AFFO per diluted share: $0.53 (vs. $0.44 in Q1 2025)
- Raised 2026 investment guidance from $70–100M to $170–200M
- Increased 2026 AFFO per share guidance to $2.11–$2.15 (from $2.09–$2.13)
- Raised $36.2 million in equity via ATM programs in Q1
- Completed $74 million in investments at a 14.1% blended initial yield
Financial Impact
Revenue up 29.6% YoY, AFFO per share up 20.5% YoY, with raised full-year guidance indicating sustained growth
Risk Factors
- Increased leverage from higher investment volume
- Execution risk in deploying $170–200 million in investments at targeted yields
- Interest rate sensitivity given floating-rate debt exposure
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-047698 |
| Document: pine-20260423xex99d2.htm | 0001104659-26-047698 |
| Document: pine-20260423x8k.htm | 0001104659-26-047698 |
| Document: 0001104659-26-047698-index-headers.html | 0001104659-26-047698 |
| Document: 0001104659-26-047698-index.html | 0001104659-26-047698 |
| Document: 0001104659-26-047698.txt | 0001104659-26-047698 |
| 8-K Data (Synthetic) | 0001104659-26-047698 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $17.37 | awaiting T+1 | — | $16.41 (+5.53%) |
Oct 23, 2026 3d ago | 424B5 | $16.16 | awaiting T+1 | — | $16.41 (−1.55%) |
Oct 23, 2026 3d ago | 424B5 | $16.16 | awaiting T+1 | — | $16.41 (+1.55%) |
Oct 22, 2026 4d ago | 8-K | $16.16 $16.32 | ▲ +0.99% | ▲ +0.28% | $16.41 (+1.55%) |
Oct 22, 2026 4d ago | Press Release | $16.16 $16.32 | ▲ +0.99% | ▲ +0.28% | $16.41 (+1.55%) |
Oct 16, 2026 11d ago | EFFECT | $17.93 $17.69 | ▼ −1.34% | ▼ −1.76% | $16.41 (−8.48%) |
Oct 9, 2026 17d ago | 8-K | $18.30 $18.36 | ▲ +0.33% | ▲ +0.34% | $16.41 (−10.33%) |
Sep 24, 2026 4w ago | S-3 | $17.07 $16.89 | ▼ −1.05% | ▼ −0.31% | $16.41 (−3.87%) |
Sep 24, 2026 4w ago | Press Release | $17.07 $16.89 | ▼ −1.05% | ▼ −0.31% | $16.41 (−3.87%) |
Jul 28, 2026 12w ago | 144 | $20.41 $20.33 | ▼ −0.39% | ▲ +1.15% | $16.41 (−19.60%) |
US Market Status
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