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

3 Wall Street 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 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 brokerages 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 anticipate the company's share price to reach $18.50 in the next twelve months. This suggests a possible upside of 15.0% 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 start of the year. Since then, ALEX shares have decreased by 15.4% and is now trading at $16.0850.
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Alexander & Baldwin saw a decline in short interest in the month of 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 volume of 314,400 shares, the short-interest ratio is presently 1.3 days. Currently, 0.6% of the shares of the company 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) announced its quarterly earnings results on Thursday, July, 28th. The financial services provider reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.86) by $0.66. Alexander & Baldwin had a trailing twelve-month return on equity of 3.69% and a net margin of 14.27%. During the same quarter in the prior year, the company earned $0.25 EPS.

Alexander & Baldwin declared a quarterly dividend on Wednesday, February 28th. Shareholders of record on Friday, March 15th will be given 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 5.53%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase 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 5.69%. 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 updated 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 EPS 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 a number of institutional and retail investors. Top institutional investors include Reinhart Partners LLC. (3.37%), First Hawaiian Bank (0.13%), Sumitomo Mitsui Trust Holdings Inc. (0.11%) and Allspring Global Investments Holdings LLC (0.00%).
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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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