Alexander & Baldwin (ALEX) Stock Price, News & Analysis

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alexander & Baldwin in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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.

3 equities research analysts 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 predict the company's share price to reach $18.50 in the next year. This suggests a possible upside of 17.6% from the stock's current price.
View analysts price targets for ALEX or view top-rated stocks among Wall Street analysts.

Alexander & Baldwin's stock was trading at $19.02 at the beginning of 2024. Since then, ALEX shares have decreased by 17.3% and is now trading at $15.73.
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Alexander & Baldwin saw a decline in short interest in March. As of March 31st, there was short interest totaling 419,900 shares, a decline of 28.2% from the March 15th total of 584,700 shares. Based on an average daily trading volume, of 314,400 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.6% of the shares of the stock are short sold.
View Alexander & Baldwin's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our ALEX earnings forecast.

Alexander & Baldwin will be holding an earnings conference call on Thursday, April 25th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Alexander & Baldwin, Inc. (NYSE:ALEX) posted its quarterly earnings data on Thursday, July, 28th. The financial services provider reported ($0.20) earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 period last year, the company earned $0.25 EPS.

Alexander & Baldwin announced a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.2225 per share on Friday, April 5th. This represents a $0.89 dividend on an annualized basis and a yield of 5.66%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for ALEX.

Alexander & Baldwin (NYSE:ALEX) pays an annual dividend of $0.89 per share and currently has a dividend yield of 5.68%. 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 80.18% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ALEX.

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).

Alexander & Baldwin issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of 0.800-0.900 for the period, compared to the consensus earnings per share estimate of 1.170. The company issued revenue guidance of -.

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.

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).

Alexander & Baldwin's stock is owned by many different institutional and retail investors. Top institutional investors include Reinhart Partners LLC. (3.37%) and First Hawaiian Bank (0.13%).
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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.
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