NYSE:ALEX Alexander & Baldwin (ALEX) Stock Price, News & Analysis → The Next Step of Their Control Is Here … (From Weiss Ratings) (Ad) Free ALEX Stock Alerts $16.19 +0.36 (+2.27%) (As of 05:11 PM ET) Add Compare Share Share Today's Range$15.86▼$16.4750-Day Range$15.64▼$17.3552-Week Range$15.53▼$19.99Volume328,269 shsAverage Volume314,376 shsMarket Capitalization$1.18 billionP/E Ratio40.48Dividend Yield5.50%Price Target$18.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Alexander & Baldwin alerts: Email Address Alexander & Baldwin MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside13.2% Upside$18.50 Price TargetShort InterestHealthy0.63% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.01Based on 26 Articles This WeekInsider TradingN/AProj. Earnings Growth10.89%From $1.01 to $1.12 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.63 out of 5 starsFinance Sector548th out of 864 stocksReal Estate Investment Trusts Industry112th out of 178 stocks 2.2 Analyst's Opinion Consensus RatingAlexander & Baldwin has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageAlexander & Baldwin has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.63% of the float of Alexander & Baldwin has been sold short.Short Interest Ratio / Days to CoverAlexander & Baldwin has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alexander & Baldwin has recently increased by 6.64%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipAlexander & Baldwin is a leading dividend payer. It pays a dividend yield of 5.56%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlexander & Baldwin has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Alexander & Baldwin is 222.50%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Alexander & Baldwin will have a dividend payout ratio of 79.46% in the coming year. This indicates that Alexander & Baldwin may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALEX. Previous Next 1.7 News and Social Media Coverage News SentimentAlexander & Baldwin has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 26 news articles for Alexander & Baldwin this week, compared to 5 articles on an average week.Search Interest10 people have searched for ALEX on MarketBeat in the last 30 days. This is an increase of 900% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alexander & Baldwin insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.70% of the stock of Alexander & Baldwin is held by insiders.Percentage Held by Institutions91.29% of the stock of Alexander & Baldwin is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Alexander & Baldwin are expected to grow by 10.89% in the coming year, from $1.01 to $1.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alexander & Baldwin is 40.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.37.Price to Earnings Ratio vs. SectorThe P/E ratio of Alexander & Baldwin is 40.85, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.06.Price to Book Value per Share RatioAlexander & Baldwin has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchMove Your Money Before May 22The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals. Here's where Dr. David Eifrig says to move your money immediately. About Alexander & Baldwin Stock (NYSE:ALEX)Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 13 industrial assets and four office properties, as well as 142.0 acres of ground lease assets. A&B is expanding and strengthening its CRE portfolio and achieving its strategic focus on commercial real estate in Hawai'i. Over its 154-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.Read More ALEX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALEX Stock News HeadlinesApril 26, 2024 | markets.businessinsider.comJMP Securities Reaffirms Their Hold Rating on Alexander & Baldwin (ALEX)April 26, 2024 | finance.yahoo.comAlexander & Baldwin Inc (ALEX) (Q1 2024) Earnings Call Transcript Highlights: Key Financial ...April 26, 2024 | Weiss Ratings (Ad)The Next Step of Their Control Is Here …Earlier this week, Section 702 of the Foreign Intelligence Surveillance Act (FISA) was renewed for an additional two years. What does this mean? It means the government has more time — and more ways — to surveil and control you.April 26, 2024 | finance.yahoo.comQ1 2024 Alexander & Baldwin Inc (Hawaii) Earnings CallApril 25, 2024 | investorplace.comALEX Stock Earnings: Alexander & Baldwin Beats EPS, Beats Revenue for Q1 2024April 25, 2024 | seekingalpha.comAlexander & Baldwin, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 25, 2024 | gurufocus.comAlexander & Baldwin Inc (ALEX) Q1 2024 Earnings: Surpasses Analyst Revenue ForecastsApril 25, 2024 | prnewswire.comAlexander & Baldwin, Inc. Reports First Quarter 2024 ResultsApril 26, 2024 | Weiss Ratings (Ad)The Next Step of Their Control Is Here …Earlier this week, Section 702 of the Foreign Intelligence Surveillance Act (FISA) was renewed for an additional two years. What does this mean? It means the government has more time — and more ways — to surveil and control you.April 24, 2024 | markets.businessinsider.comHere's what Wall Street expects from Alexander Baldwin's earnings reportApril 24, 2024 | msn.comAlexander & Baldwin Q1 2024 Earnings PreviewApril 24, 2024 | finance.yahoo.comAlexander & Baldwin Second Quarter 2024 Dividend AuthorizedApril 24, 2024 | money.usnews.comAlexander & Baldwin Inc.April 22, 2024 | msn.comBraves Minor League Recap: Spencer Schwellenbach strikes out 8April 22, 2024 | americanbankingnews.comAlexander & Baldwin, Inc. to Post FY2025 Earnings of $1.26 Per Share, Sidoti Csr Forecasts (NYSE:ALEX)April 20, 2024 | americanbankingnews.comFY2024 Earnings Forecast for Alexander & Baldwin, Inc. (NYSE:ALEX) Issued By Sidoti CsrApril 20, 2024 | omaha.comMetro providing free bus rides across Omaha MondayApril 18, 2024 | msn.comArk. Supreme Court to allow additional DNA testing in West Memphis 3 caseApril 18, 2024 | investing.comAlexander & Baldwin secures $60 million in financingApril 18, 2024 | msn.comArkansas Supreme Court rules in favor of Damien Echols’ DNA testingApril 18, 2024 | americanbankingnews.comAlexander & Baldwin (ALEX) Scheduled to Post Quarterly Earnings on ThursdayApril 17, 2024 | msn.comMerab Dvalishvili ‘saves’ Sean O’Malley, Alexander Volkanovski relives his glory days in hilarious skitsApril 17, 2024 | omaha.comSenate dismisses two articles of impeachment against Homeland Security secretary, ending trialApril 17, 2024 | omaha.comPerson found in downtown Omaha building died as result of a fire, police sayApril 17, 2024 | msn.comMayorkas impeachment sparks partisan Senate battleApril 16, 2024 | finance.yahoo.comAlexander & Baldwin Announces $60 Million, 6.09% Fixed Rate Financing Maturing in 2032April 16, 2024 | yahoo.comBLNR prevails on appeal in East Maui water caseSee More Headlines Receive ALEX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alexander & Baldwin and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/28/2022Ex-Dividend for 4/5 Dividend3/14/2024Dividend Payable4/05/2024Today4/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryDiversified Real Estate Activities Current SymbolNYSE:ALEX CUSIP01449110 CIK1545654 Webwww.alexanderbaldwin.com Phone(808) 525-6611Fax808-525-6652Employees101Year FoundedN/APrice Target and Rating Average Stock Price Target$18.50 High Stock Price Target$20.00 Low Stock Price Target$17.00 Potential Upside/Downside+16.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.40 Trailing P/E Ratio39.58 Forward P/E Ratio15.67 P/E GrowthN/ANet Income$29.80 million Net Margins14.27% Pretax Margin19.53% Return on Equity3.69% Return on Assets2.16% Debt Debt-to-Equity Ratio0.46 Current Ratio0.43 Quick Ratio0.43 Sales & Book Value Annual Sales$208.90 million Price / Sales5.50 Cash Flow$1.00 per share Price / Cash Flow15.89 Book Value$13.83 per share Price / Book1.14Miscellaneous Outstanding Shares72,590,000Free Float72,084,000Market Cap$1.15 billion OptionableOptionable Beta1.21 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Lance K. Parker (Age 50)President, CEO & Director Comp: $1.65MMr. Clayton K. Y. Chun (Age 46)Executive VP, Treasurer & CFO Comp: $872.87kMr. Jeffrey W. Pauker (Age 42)Executive VP & Chief Investment Officer Comp: $998.78kMs. Meredith J. Ching (Age 67)Executive Vice President of External Affairs Comp: $660.86kMr. Christopher J. Benjamin (Age 61)Consultant Comp: $3.41MKey CompetitorsApartment Investment and ManagementNYSE:AIVPennyMac Mortgage Investment TrustNYSE:PMTEasterly Government PropertiesNYSE:DEAMFA FinancialNYSE:MFANETSTREITNYSE:NTSTView All CompetitorsInstitutional OwnershipNew York State Teachers Retirement SystemBought 1,200 shares on 4/25/2024Ownership: 0.195%Sumitomo Mitsui Trust Holdings Inc.Sold 7,127 shares on 4/19/2024Ownership: 0.108%Everett Harris & Co. CABought 50,220 shares on 4/19/2024Ownership: 0.083%Allspring Global Investments Holdings LLCBought 2,514 shares on 4/18/2024Ownership: 0.003%First Hawaiian BankSold 4,216 shares on 4/5/2024Ownership: 0.131%View All Institutional Transactions ALEX Stock Analysis - Frequently Asked Questions Should I buy or sell Alexander & Baldwin stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alexander & Baldwin in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ALEX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALEX, but not buy additional shares or sell existing shares. View ALEX analyst ratings or view top-rated stocks. What is Alexander & Baldwin's stock price target for 2024? 3 brokers have issued 1 year price targets for Alexander & Baldwin's shares. Their ALEX share price targets range from $17.00 to $20.00. On average, they expect the company's share price to reach $18.50 in the next year. This suggests a possible upside of 13.2% from the stock's current price. View analysts price targets for ALEX or view top-rated stocks among Wall Street analysts. How have ALEX shares performed in 2024? Alexander & Baldwin's stock was trading at $19.02 at the start of the year. Since then, ALEX stock has decreased by 14.1% and is now trading at $16.34. View the best growth stocks for 2024 here. Are investors shorting Alexander & Baldwin? Alexander & Baldwin saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 447,800 shares, an increase of 6.6% from the March 31st total of 419,900 shares. Based on an average daily volume of 323,700 shares, the short-interest ratio is currently 1.4 days. Approximately 0.6% of the company's stock are short sold. View Alexander & Baldwin's Short Interest. When is Alexander & Baldwin's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our ALEX earnings forecast. How were Alexander & Baldwin's earnings last quarter? Alexander & Baldwin, Inc. (NYSE:ALEX) posted its earnings results on Thursday, July, 28th. The financial services provider reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.86) by $0.66. Alexander & Baldwin had a net margin of 14.27% and a trailing twelve-month return on equity of 3.69%. During the same quarter last year, the company posted $0.25 EPS. How often does Alexander & Baldwin pay dividends? What is the dividend yield for Alexander & Baldwin? Alexander & Baldwin announced a quarterly dividend on Wednesday, April 24th. Investors of record on Friday, June 14th will be paid a dividend of $0.222 per share on Monday, July 8th. This represents a $0.89 annualized dividend and a dividend yield of 5.43%. The ex-dividend date of this dividend is Friday, June 14th. Read our dividend analysis for ALEX. Is Alexander & Baldwin a good dividend stock? Alexander & Baldwin (NYSE:ALEX) pays an annual dividend of $0.89 per share and currently has a dividend yield of 5.56%. ALEX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 222.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ALEX will have a dividend payout ratio of 79.46% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for ALEX. What ETFs hold Alexander & Baldwin's stock? ETFs with the largest weight of Alexander & Baldwin (NYSE:ALEX) stock in their portfolio include Harbor Small Cap Explorer ETF (QWST) and Invesco S&P SmallCap Low Volatility ETF (XSLV).ETFB Green SRI REITs ETF (RITA). What guidance has Alexander & Baldwin issued on next quarter's earnings? Alexander & Baldwin issued an update on its FY 2024 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of 0.890-1.000 for the period, compared to the consensus earnings per share estimate of 1.020. The company issued revenue guidance of -. What is Christopher Benjamin's approval rating as Alexander & Baldwin's CEO? 1 employees have rated Alexander & Baldwin Chief Executive Officer Christopher Benjamin on Glassdoor.com. Christopher Benjamin has an approval rating of 100% among the company's employees. This puts Christopher Benjamin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Alexander & Baldwin own? Based on aggregate information from My MarketBeat watchlists, some companies that other Alexander & Baldwin investors own include Alibaba Group (BABA), B&G Foods (BGS), KeyCorp (KEY), Micron Technology (MU), Broadcom (AVGO), Boeing (BA), Bank of America (BAC), Consolidated Edison (ED), Freeport-McMoRan (FCX) and Matson (MATX). Who are Alexander & Baldwin's major shareholders? Alexander & Baldwin's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Reinhart Partners LLC. (3.37%), New York State Teachers Retirement System (0.20%), First Hawaiian Bank (0.13%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Everett Harris & Co. CA (0.08%) and Allspring Global Investments Holdings LLC (0.00%). View institutional ownership trends. How do I buy shares of Alexander & Baldwin? Shares of ALEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ALEX) was last updated on 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersHe Is Giving Away BitcoinCrypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithMan Who Predicted 2008: “This Will be Worse.”AltimetryFed launches fourth dollar overhaulStansberry ResearchBiden out June 13; Kamala won’t replace him?Paradigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Alexander & Baldwin, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
