Alpine Income Property Trust (PINE) Stock Price Sinks Despite Raised Q3 Earnings Outlook

Alpine Income Property Trust just took a 7.2% hit, sliding to $16.16 after markets closed on Friday, even as fresh Q3 2026 numbers told a different story. Adjusted funds from operations, the core cash earnings metric for a real estate investment trust, landed at $0.55 per diluted share, with nine month FFO and AFFO per share around $1.65 to $1.66. The stock has been grinding lower over the past quarter. However, the newly raised full year 2026 FFO and AFFO guidance focuses investors on a...