Contrasting Alpine Income Property Trust (NYSE:PINE) and NNN REIT (NYSE:NNN)

NNN REIT (NYSE:NNNGet Free Report) and Alpine Income Property Trust (NYSE:PINEGet Free Report) are both real estate companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, profitability, earnings, analyst recommendations, risk and institutional ownership.

Insider & Institutional Ownership

90.0% of NNN REIT shares are held by institutional investors. Comparatively, 60.5% of Alpine Income Property Trust shares are held by institutional investors. 0.9% of NNN REIT shares are held by company insiders. Comparatively, 0.6% of Alpine Income Property Trust shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Volatility & Risk

NNN REIT has a beta of 0.79, suggesting that its share price is 21% less volatile than the S&P 500. Comparatively, Alpine Income Property Trust has a beta of 0.54, suggesting that its share price is 46% less volatile than the S&P 500.

Dividends

NNN REIT pays an annual dividend of $2.48 per share and has a dividend yield of 5.5%. Alpine Income Property Trust pays an annual dividend of $1.20 per share and has a dividend yield of 6.2%. NNN REIT pays out 121.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Alpine Income Property Trust pays out 631.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NNN REIT has raised its dividend for 35 consecutive years and Alpine Income Property Trust has raised its dividend for 3 consecutive years.

Profitability

This table compares NNN REIT and Alpine Income Property Trust’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
NNN REIT 40.35% 8.70% 4.06%
Alpine Income Property Trust 9.36% 2.11% 0.91%

Analyst Ratings

This is a summary of recent ratings and recommmendations for NNN REIT and Alpine Income Property Trust, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NNN REIT 2 9 3 0 2.07
Alpine Income Property Trust 0 4 5 2 2.82

NNN REIT currently has a consensus price target of $47.47, suggesting a potential upside of 5.13%. Alpine Income Property Trust has a consensus price target of $21.50, suggesting a potential upside of 10.37%. Given Alpine Income Property Trust’s stronger consensus rating and higher probable upside, analysts clearly believe Alpine Income Property Trust is more favorable than NNN REIT.

Valuation and Earnings

This table compares NNN REIT and Alpine Income Property Trust”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
NNN REIT $926.21 million 9.36 $389.78 million $2.04 22.13
Alpine Income Property Trust $60.53 million 5.67 -$2.66 million $0.19 102.53

NNN REIT has higher revenue and earnings than Alpine Income Property Trust. NNN REIT is trading at a lower price-to-earnings ratio than Alpine Income Property Trust, indicating that it is currently the more affordable of the two stocks.

Summary

NNN REIT beats Alpine Income Property Trust on 12 of the 18 factors compared between the two stocks.

About NNN REIT

(Get Free Report)

NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. As of December 31, 2023, the company owned 3,532 properties in 49 states with a gross leasable area of approximately 36.0 million square feet and a weighted average remaining lease term of 10.1 years. NNN is one of only three publicly traded REITs to have increased annual dividends for 34 or more consecutive years.

About Alpine Income Property Trust

(Get Free Report)

Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that seeks to deliver attractive risk-adjusted returns and dependable cash dividends by investing in, owning and operating a portfolio of single tenant net leased properties that are predominately leased to high-quality publicly traded and credit-rated tenants.

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