Albertsons Companies (ACI) Stock Price, News & Analysis

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albertsons Companies in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ACI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ACI, but not buy additional shares or sell existing shares.
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5 Wall Street research analysts have issued 12 month target prices for Albertsons Companies' shares. Their ACI share price targets range from $22.00 to $27.25. On average, they predict the company's share price to reach $24.85 in the next year. This suggests a possible upside of 22.8% from the stock's current price.
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Albertsons Companies' stock was trading at $23.00 on January 1st, 2024. Since then, ACI stock has decreased by 12.0% and is now trading at $20.24.
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Albertsons Companies saw a decline in short interest in March. As of March 31st, there was short interest totaling 12,570,000 shares, a decline of 18.3% from the March 15th total of 15,390,000 shares. Based on an average trading volume of 3,480,000 shares, the short-interest ratio is currently 3.6 days. Currently, 3.8% of the company's shares are sold short.
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Albertsons Companies, Inc. (NYSE:ACI) announced its quarterly earnings results on Tuesday, January, 9th. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.14. The company earned $18.56 billion during the quarter, compared to the consensus estimate of $18.36 billion. Albertsons Companies had a trailing twelve-month return on equity of 83.38% and a net margin of 1.71%. The company's revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.82 EPS.

Albertsons Companies declared a quarterly dividend on Thursday, April 11th. Investors of record on Friday, April 26th will be paid a dividend of $0.12 per share on Friday, May 10th. This represents a $0.48 annualized dividend and a yield of 2.37%. The ex-dividend date is Thursday, April 25th.
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Albertsons Companies (NYSE:ACI) pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.36%. The dividend payout ratio is 20.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ACI will have a dividend payout ratio of 18.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ACI.

ETFs with the largest weight of Albertsons Companies (NYSE:ACI) stock in their portfolio include First Trust Merger Arbitrage ETF (MARB), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), KraneShares Rockefeller Ocean Engagement ETF (KSEA), Goldman Sachs Hedge Industry VIP ETF (GVIP), TrueShares Low Volatility Equity Income ETF (DIVZ), Global X Guru Index ETF (GURU), SPDR S&P Retail ETF (XRT) and Global X Adaptive US Factor ETF (AUSF).

1 employees have rated Albertsons Companies Chief Executive Officer Paul Lang on Glassdoor.com. Paul Lang has an approval rating of 100% among the company's employees. This puts Paul Lang in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Albertsons Companies investors own include NVIDIA (NVDA), Verizon Communications (VZ), Pfizer (PFE), QUALCOMM (QCOM), Boeing (BA), Johnson & Johnson (JNJ), Tesla (TSLA), CVS Health (CVS), AT&T (T) and Advanced Micro Devices (AMD).

Albertsons Companies (ACI) raised $1.3 billion in an initial public offering (IPO) on Friday, June 26th 2020. The company issued 65,800,000 shares at $18.00-$20.00 per share. BofA Securities, Goldman Sachs, J.P. Morgan and Citigroup served as the underwriters for the IPO and Credit Suisse, Morgan Stanley, Wells Fargo Securities, Barclays, Deutsche Bank Securities, BMO Capital Markets, Evercore ISI, Guggenheim Securities, Oppenheimer, RBC Capital Markets, Telsey Advisory Group, MUFG, Academy Securities, Blaylock Van, Drexel Hamilton, Loop Capital Markets, Penserra Securities, Ramirez, Stern and Tigress Financial Partners were co-managers.

Albertsons Companies' stock is owned by many different retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.12%), tru Independence LLC (0.04%), Alaska Permanent Fund Corp (0.02%), IFM Investors Pty Ltd (0.01%), Eagle Rock Investment Company LLC (0.01%) and TrueMark Investments LLC (0.01%). Insiders that own company stock include Anuj Dhanda, Evan Rainwater, Omer Gajial, Realty Corp Kimco, Robert Bruce Larson and Susan Morris.
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Shares of ACI 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.
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