Alpine Income Property Trust Reports Third Quarter 2026 Operating And Financial Results
Alpine Income Property Trust reported record Q3 2026 results with total revenues of $20.5 million, up ~41% YoY, and net income attributable to common stockholders of $3.4 million versus a loss a year ago. AFFO per diluted share rose to $0.55 from $0.46, and the company raised full-year 2026 AFFO guidance to $2.20-$2.22 while nearly doubling investment volume guidance to $310-$350 million. Growth is driven by record YTD investment activity exceeding $300 million, a pending $117.3 million 13-property industrial portfolio acquisition, and new financing adding $175 million of potential liquidity.
Key figures
- Eps
- 0.18
- Revenue
- 20460000
- Guidance
- 2026 AFFO per diluted share raised to $2.20-$2.22 from $2.12-$2.15; FFO $2.19-$2.21; net income $0.90-$0.93; investment volume $310-$350M (from $170-$200M)
- Revenue Yoy
- 40.5%
- Abr
- $53.9 million
- Occupancy
- 99.6%
- Net income q3
- 3443000
- Total liquidity
- 63222000
- Ffo per share q3
- 0.55
- Affo per share q3
- 0.55
- Common dividend q3
- 0.32
- Q3 investment yield
- 8.5%
- Affo payout ratio q3
- 58.2%
- Investment volume ytd
- $191.4 million
- Net debt to pro forma ebitda
- 6.5x
- Pending portfolio acquisition
- 117300000
- Record closed and under contract activity
- $300+ million
AI analysis
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