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Alpine Income Property price target raised to $22 from $19 at B. Riley » 07:56
02/16/21
02/16
07:56
02/16/21
07:56
PINE

Alpine Income Property

$19.00 /

+0.11 (+0.58%)

B. Riley Securities…

B. Riley Securities raised the firm's price target on Alpine Income Property Trust to $22 from $19 and reiterates a Buy rating on the shares post the company's Q4 results.

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PINE Alpine Income Property
$19.00 /

+0.11 (+0.58%)

PINE Alpine Income Property
$19.00 /

+0.11 (+0.58%)

12/16/20 Baird
Alpine Income Property reinstated with an Outperform at Baird
06/17/20 Janney Montgomery Scott
Alpine Income Property initiated with a Buy at Janney Montgomery Scott
06/10/20 B. Riley
Alpine Income Property price target raised to $19 from $15 at B. Riley FBR
06/04/20 BTIG
Alpine Income Property initiated with a Buy at BTIG
Over a quarter ago
Hot Stocks
Alpine Income Property raises dividend 9.1% to 24c » 07:47
02/11/21
02/11
07:47
02/11/21
07:47
PINE

Alpine Income Property

$17.53 /

+0.01 (+0.06%)

Alpine Income Property…

Alpine Income Property Trust announced hat its Board of Directors has authorized, and the Company has declared, an increase in the Company's quarterly cash dividend to 24c per share of common stock for the Q1 from its previous quarterly cash dividend of 22c per share of common stock. The dividend is payable on March 31 to stockholders of record as of the close of business on March 22. The 2021 first quarter cash dividend represents a 9.1% increase over the Company's previous quarterly dividend and an annualized yield of approximately 5.5% based on the closing price of the common stock on February 10, 2021.

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PINE Alpine Income Property
$17.53 /

+0.01 (+0.06%)

PINE Alpine Income Property
$17.53 /

+0.01 (+0.06%)

12/16/20 Baird
Alpine Income Property reinstated with an Outperform at Baird
06/17/20 Janney Montgomery Scott
Alpine Income Property initiated with a Buy at Janney Montgomery Scott
06/10/20 B. Riley
Alpine Income Property price target raised to $19 from $15 at B. Riley FBR
06/04/20 BTIG
Alpine Income Property initiated with a Buy at BTIG
Hot Stocks
Alpine Income Property acquires two single-tenant properties for $15.4M » 08:10
12/21/20
12/21
08:10
12/21/20
08:10
PINE

Alpine Income Property

$15.25 /

+0.07 (+0.46%)

Alpine Income Property…

Alpine Income Property Trust announced it has acquired, through separate transactions, two single tenant properties net leased to Walgreens and Kohl's for a combined purchase price of $15.4M. The properties were purchased at a weighted average going-in cash cap rate of 7.1% and have a weighted average remaining initial lease term of approximately 9.3 years. The Kohl's, located in Glendale, Arizona, benefits from approximately 120,000 people in a 3-mile radius, average household incomes of approximately $89,000 and more than 45,000 vehicles per day along the West Bell Road retail corridor. The Walgreens is located in the Seattle submarket of Tacoma, Washington at an intersection that experiences almost 40,000 cars per day with similarly strong demographics. The properties are leased to, or the leases are guaranteed by the investment grade rated parent entities of Kohl's or Walgreens, respectively.

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PINE Alpine Income Property
$15.25 /

+0.07 (+0.46%)

PINE Alpine Income Property
$15.25 /

+0.07 (+0.46%)

12/16/20 Baird
Alpine Income Property reinstated with an Outperform at Baird
06/17/20 Janney Montgomery Scott
Alpine Income Property initiated with a Buy at Janney Montgomery Scott
06/10/20 B. Riley
Alpine Income Property price target raised to $19 from $15 at B. Riley FBR
06/04/20 BTIG
Alpine Income Property initiated with a Buy at BTIG
Initiation
Alpine Income Property reinstated with an Outperform at Baird » 20:41
12/16/20
12/16
20:41
12/16/20
20:41
PINE

Alpine Income Property

$14.95 /

-0.21 (-1.39%)

Baird analyst Wesley…

Baird analyst Wesley Golladay reinstated coverage of Alpine Income Property with an Outperform rating and $19 price target.

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PINE Alpine Income Property
$14.95 /

-0.21 (-1.39%)

PINE Alpine Income Property
$14.95 /

-0.21 (-1.39%)

06/17/20 Janney Montgomery Scott
Alpine Income Property initiated with a Buy at Janney Montgomery Scott
06/10/20 B. Riley
Alpine Income Property price target raised to $19 from $15 at B. Riley FBR
06/04/20 BTIG
Alpine Income Property initiated with a Buy at BTIG
12/18/19 Raymond James
Alpine Income Property initiated with an Outperform at Raymond James
Syndicate
Alpine Income Property files $350M mixed securities shelf  16:57
12/01/20
12/01
16:57
12/01/20
16:57
PINE

Alpine Income Property

$16.25 /

-0.04 (-0.25%)

 
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PINE Alpine Income Property
$16.25 /

-0.04 (-0.25%)

PINE Alpine Income Property
$16.25 /

-0.04 (-0.25%)

06/17/20 Janney Montgomery Scott
Alpine Income Property initiated with a Buy at Janney Montgomery Scott
06/10/20 B. Riley
Alpine Income Property price target raised to $19 from $15 at B. Riley FBR
06/04/20 BTIG
Alpine Income Property initiated with a Buy at BTIG
12/18/19 Raymond James
Alpine Income Property initiated with an Outperform at Raymond James
Hot Stocks
Alpine Income Property increases quarterly cash dividend 10% to 22c per share » 16:27
10/21/20
10/21
16:27
10/21/20
16:27
PINE

Alpine Income Property

$14.44 /

+0.13 (+0.91%)

Alpine Income Property…

Alpine Income Property announced that its board has authorized, and the company has declared, an increase in the company's quarterly cash dividend to 22c per share of common stock for Q4 from its previous quarterly cash dividend of 20c per share of common stock. The dividend is payable on December 31 to stockholders of record as of the close of business on December 15. The Q4 cash dividend represents a 10% increase over the company's previous quarterly dividend and an annualized yield of approximately 6.1% based on the closing price of the common stock on October 20.

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PINE Alpine Income Property
$14.44 /

+0.13 (+0.91%)

PINE Alpine Income Property
$14.44 /

+0.13 (+0.91%)

06/17/20 Janney Montgomery Scott
Alpine Income Property initiated with a Buy at Janney Montgomery Scott
06/10/20 B. Riley
Alpine Income Property price target raised to $19 from $15 at B. Riley FBR
06/04/20 BTIG
Alpine Income Property initiated with a Buy at BTIG
12/18/19 Raymond James
Alpine Income Property initiated with an Outperform at Raymond James
  • 22
    Nov
Hot Stocks
Alpine Income Property upsizes existing credit facility to $150M » 08:16
10/19/20
10/19
08:16
10/19/20
08:16
PINE

Alpine Income Property

$14.12 /

-0.605 (-4.11%)

Alpine Income Property…

Alpine Income Property Trust announced that it has successfully amended and increased the total capacity of its unsecured revolving credit facility from $100M to $150M. The Credit Facility also includes an accordion option that allows the Company to request additional lender commitments up to a total of $200M. The Credit Facility matures in November 2023, with an option to extend the maturity date to November 2024, and is jointly led by BMO Capital Markets Corp. and Raymond James Bank, N.A. The Huntington National Bank and Truist Bank are also participants in the Credit Facility.

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PINE Alpine Income Property
$14.12 /

-0.605 (-4.11%)

PINE Alpine Income Property
$14.12 /

-0.605 (-4.11%)

06/17/20 Janney Montgomery Scott
Alpine Income Property initiated with a Buy at Janney Montgomery Scott
06/10/20 B. Riley
Alpine Income Property price target raised to $19 from $15 at B. Riley FBR
06/04/20 BTIG
Alpine Income Property initiated with a Buy at BTIG
12/18/19 Raymond James
Alpine Income Property initiated with an Outperform at Raymond James
  • 22
    Nov
Hot Stocks
Alpine Income Property sells income property for approx. $5.1M » 09:20
09/28/20
09/28
09:20
09/28/20
09:20
PINE

Alpine Income Property

$15.65 /

+0.45 (+2.96%)

Alpine Income Property…

Alpine Income Property Trust announced the disposition of a single-tenant net-leased casual dining retail income property located in Charlottesville, Virginia and leased to Outback Steakhouse. The Property was sold for approximately $5.1M, representing an in-place cap rate of 5.75% and generating a gain of approximately $291,000 or 3c per diluted share. The Company anticipates utilizing the proceeds from the sale of the Property as part of a like-kind 1031 exchange. Adjusting for the sale of the Property, the Company's portfolio now consists of 44 properties located in 31 markets and 17 states across 16 industries, with a weighted average remaining lease term of 8.6 years.

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PINE Alpine Income Property
$15.65 /

+0.45 (+2.96%)

PINE Alpine Income Property
$15.65 /

+0.45 (+2.96%)

06/17/20 Janney Montgomery Scott
Alpine Income Property initiated with a Buy at Janney Montgomery Scott
06/10/20 B. Riley
Alpine Income Property price target raised to $19 from $15 at B. Riley FBR
06/04/20 BTIG
Alpine Income Property initiated with a Buy at BTIG
12/18/19 Raymond James
Alpine Income Property initiated with an Outperform at Raymond James
PINE Alpine Income Property
$15.65 /

+0.45 (+2.96%)

  • 22
    Nov
Hot Stocks
Alpine Income Property acquires two single-tenant retail properties for $3.2M » 09:23
09/24/20
09/24
09:23
09/24/20
09:23
PINE

Alpine Income Property

$16.32 /

+0.02 (+0.12%)

Alpine Income Property…

Alpine Income Property Trust announced the acquisition of two single-tenant net-leased retail income properties located in Texas and leased to Dollar General. Both leases are guaranteed by the investment grade rated Dollar General parent entity. The properties were purchased for a combined purchase price of approximately $3.2M, representing a weighted average going-in cap rate of 6.48%. The properties recently opened for business and each has approximately 14.8 years remaining on the initial lease term. The Company funded the acquisition with its line of credit. Including these newly acquired properties, the Company's portfolio now consists of 45 properties located in 32 markets and 18 states across 16 industries, with a weighted average remaining lease term of 8.6 years. The Company has acquired $97.5M of single-tenant net leased properties year-to-date with a weighted average going-in cap rate of 6.90%.

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PINE Alpine Income Property
$16.32 /

+0.02 (+0.12%)

PINE Alpine Income Property
$16.32 /

+0.02 (+0.12%)

06/17/20 Janney Montgomery Scott
Alpine Income Property initiated with a Buy at Janney Montgomery Scott
06/10/20 B. Riley
Alpine Income Property price target raised to $19 from $15 at B. Riley FBR
06/04/20 BTIG
Alpine Income Property initiated with a Buy at BTIG
12/18/19 Raymond James
Alpine Income Property initiated with an Outperform at Raymond James
PINE Alpine Income Property
$16.32 /

+0.02 (+0.12%)

  • 22
    Nov
Hot Stocks
Alpine Income Property reports 100% September rent collection » 16:56
09/09/20
09/09
16:56
09/09/20
16:56
PINE

Alpine Income Property

$14.92 /

+0.99 (+7.11%)

Alpine Income Property…

Alpine Income Property has collected 100% of the contractual base rents for September. Alpine had previously agreed to defer or abate certain contractual base rents in exchange for additional lease term or other lease enhancing additions that equated to 4.9% of contractual rents. Additionally, the portfolio remains 100% occupied.

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PINE Alpine Income Property
$14.92 /

+0.99 (+7.11%)

PINE Alpine Income Property
$14.92 /

+0.99 (+7.11%)

06/17/20 Janney Montgomery Scott
Alpine Income Property initiated with a Buy at Janney Montgomery Scott
06/10/20 B. Riley
Alpine Income Property price target raised to $19 from $15 at B. Riley FBR
06/04/20 BTIG
Alpine Income Property initiated with a Buy at BTIG
12/18/19 Raymond James
Alpine Income Property initiated with an Outperform at Raymond James
PINE Alpine Income Property
$14.92 /

+0.99 (+7.11%)

  • 22
    Nov

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