Albertsons Companies (ACI) Stock Price, News & Analysis

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albertsons Companies in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ACI shares.
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6 brokerages have issued 12 month price objectives for Albertsons Companies' shares. Their ACI share price targets range from $22.00 to $27.25. On average, they anticipate the company's share price to reach $24.45 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price.
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Albertsons Companies' stock was trading at $23.00 at the beginning of 2024. Since then, ACI shares have decreased by 11.7% and is now trading at $20.32.
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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 daily 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.
View Albertsons Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our ACI earnings forecast.

Albertsons Companies, Inc. (NYSE:ACI) released its quarterly earnings data on Tuesday, January, 9th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.14. The company had revenue of $18.56 billion for the quarter, compared to analysts' expectations of $18.36 billion. Albertsons Companies had a trailing twelve-month return on equity of 68.02% and a net margin of 1.64%. The firm's revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.82 earnings per share.

Albertsons Companies announced a quarterly dividend on Thursday, April 11th. Shareholders 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 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date is Thursday, April 25th.
Read our dividend analysis for ACI.

Albertsons Companies (NYSE:ACI) pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.37%. The dividend payout ratio is 21.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ACI will have a dividend payout ratio of 18.97% 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 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 acted 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 a variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.12%), tru Independence LLC (0.04%), Alaska Permanent Fund Corp (0.02%), Amalgamated Bank (0.01%), IFM Investors Pty Ltd (0.01%) and Eagle Rock Investment Company 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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