PINE vs ADC

For growth investors, Agree Realty Corporation (ADC) is the stronger pick with 16.

4% revenue growth year-over-year, versus 15. 9% for Alpine Income Property Trust, Inc. (PINE). Agree Realty Corporation (ADC) offers the better valuation at 43. 2x trailing P/E (39. 0x forward), making it the more compelling value choice. Analysts rate Alpine Income Property Trust, Inc. (PINE) a "Buy" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On forward P/E, Agree Realty Corporation is actually cheaper at 39.

0x.

Over the past 5 years, Alpine Income Property Trust, Inc.

(PINE) delivered a total return of +41. 1%, compared to +30. 5% for Agree Realty Corporation (ADC). Over 10 years, the gap is even starker: ADC returned +137. 5% versus PINE's +37. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Agree Realty Corporation (ADC) is the lower-risk stock at -0.

14β versus Alpine Income Property Trust, Inc. 's 0. 33β — meaning PINE is approximately -339% more volatile than ADC relative to the S&P 500. On balance sheet safety, Agree Realty Corporation (ADC) carries a lower debt/equity ratio of 53% versus 131% for Alpine Income Property Trust, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Agree Realty Corporation (ADC) is pulling ahead at 16.

4% versus 15. 9% for Alpine Income Property Trust, Inc. (PINE). On earnings-per-share growth, the picture is similar: Agree Realty Corporation grew EPS -0. 6% year-over-year, compared to -257. 1% for Alpine Income Property Trust, Inc.. Over a 3-year CAGR, ADC leads at 18. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Agree Realty Corporation (ADC) is the more profitable company, earning 28.

4% net margin versus -4. 4% for Alpine Income Property Trust, Inc. — meaning it keeps 28. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ADC leads at 47. 4% versus 30. 5% for PINE. At the gross margin level — before operating expenses — ADC leads at 87. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Agree Realty Corporation (ADC) trades at 39.

0x forward P/E versus 58. 8x for Alpine Income Property Trust, Inc. — 19. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ADC: 9. 2% to $83. 50.

All stocks in this comparison pay dividends.

Agree Realty Corporation (ADC) offers the highest yield at 4. 0%, versus 0. 2% for Alpine Income Property Trust, Inc. (PINE).

For long-horizon retirement investors, Agree Realty Corporation (ADC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.

14), 4. 0% yield, +137. 5% 10Y return). Both have compounded well over 10 years (ADC: +137. 5%, PINE: +37. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

ADC pays a dividend while PINE does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.