Brief: Alpine Income Property Trust Q2 Adjusted FFO Per Share USD 0.44

Alpine Income Property Trust

24/07/2025 21:10

Overview

Alpine Q2 revenue rises to $14.86 mln, beating analyst expectations, per LSEG data

Company posts Q2 net loss of $1.64 mln, loss per share of $0.12

Co, which is an owner and operator of single tenant net leased commercial income properties, invested $85.9 mln, sold $28.2 mln in assets during H1 2025

Outlook

Alpine reaffirms 2025 FFO per share outlook of $1.74 to $1.77

Company reaffirms 2025 AFFO per share outlook between $1.74 and $1.77

Alpine plans 2025 investments of $100 mln to $130 mln

Company targets 2025 dispositions of $50 mln to $70 mln

Result Drivers

CAPITAL RECYCLING - Co focused on accretive capital recycling, investing $85.9 mln at a weighted average initial cash yield of 9.1% and selling $28.2 mln of assets at a weighted average cash yield of 8.4%

LEASE TERM EXTENSION - Weighted average remaining lease term increased from 6.6 to 8.9 years due to strategic asset management

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$14.86 mln
$13.90 mln (6 Analysts)
Q2 EPS
-$0.12
Q2 Adjusted FFO Per Share
$0.44
Q2 FFO Per Share
$0.44


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy"

Wall Street's median 12-month price target for Alpine Income Property Trust Inc is $18.50, about 21.6% above its July 23 closing price of $14.51

Press Release: ID:nGNX7gyYwx

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)