Head-To-Head Analysis: Alpine Income Property Trust (NYSE:PINE) vs. Regency Centers (NASDAQ:REG)

Regency Centers (NASDAQ:REG) and Alpine Income Property Trust (NYSE:PINE) are both real estate companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, profitability, institutional ownership, risk, analyst recommendations and earnings.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Regency Centers	34.38%	8.04%	4.26%
Alpine Income Property Trust	9.36%	2.11%	0.91%

Dividends

Regency Centers pays an annual dividend of $3.02 per share and has a dividend yield of 3.9%. Alpine Income Property Trust pays an annual dividend of $1.20 per share and has a dividend yield of 6.1%. Regency Centers pays out 102.4% 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. Regency Centers has raised its dividend for 5 consecutive years and Alpine Income Property Trust has raised its dividend for 3 consecutive years.

Earnings & Valuation

This table compares Regency Centers 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
Regency Centers	$1.55 billion	9.06	$527.46 million	$2.95	26.05
Alpine Income Property Trust	$60.53 million	5.73	-$2.66 million	$0.19	103.68

Regency Centers has higher revenue and earnings than Alpine Income Property Trust. Regency Centers 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.

Volatility and Risk

Regency Centers has a beta of 0.8, indicating that its share price is 20% less volatile than the S&P 500. Comparatively, Alpine Income Property Trust has a beta of 0.54, indicating that its share price is 46% less volatile than the S&P 500.

Institutional & Insider Ownership

96.1% of Regency Centers shares are owned by institutional investors. Comparatively, 60.5% of Alpine Income Property Trust shares are owned by institutional investors. 1.0% of Regency Centers shares are owned by insiders. Comparatively, 0.6% of Alpine Income Property Trust shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings for Regency Centers and Alpine Income Property Trust, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Regency Centers	0	11	6	2	2.53
Alpine Income Property Trust	0	4	5	2	2.82

Regency Centers presently has a consensus target price of $83.82, suggesting a potential upside of 9.06%. Alpine Income Property Trust has a consensus target price of $21.50, suggesting a potential upside of 9.14%. Given Alpine Income Property Trust’s stronger consensus rating and higher probable upside, analysts clearly believe Alpine Income Property Trust is more favorable than Regency Centers.

Summary

Regency Centers beats Alpine Income Property Trust on 13 of the 17 factors compared between the two stocks.

About Regency Centers

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.

About Alpine Income Property Trust

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.