NYSE:ALEX Alexander & Baldwin (ALEX) Stock Price, News & Analysis â đ± This phenomenon is smashing regular market gains (From MillPub) (Ad) Free ALEX Stock Alerts $16.47 0.00 (0.00%) (As of 04/30/2024 ET) Add Compare Share Share Today's Range$16.30âŒ$16.5850-Day Range$15.64âŒ$17.2452-Week Range$15.53âŒ$19.99Volume254,870 shsAverage Volume313,844 shsMarket Capitalization$1.20 billionP/E Ratio27.00Dividend Yield5.40%Price Target$18.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Alexander & Baldwin alerts: Email Address Alexander & Baldwin MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside12.3% Upside$18.50 Price TargetShort InterestHealthy0.63% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.14Based on 29 Articles This WeekInsider TradingN/AProj. Earnings Growth0.90%From $1.11 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.2.41 out of 5 starsFinance Sector606th out of 839 stocksReal Estate Investment Trusts Industry120th out of 170 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 5.50%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlexander & Baldwin has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Alexander & Baldwin is 145.90%. 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 2.3 News and Social Media Coverage News SentimentAlexander & Baldwin has a news sentiment score of 0.14. 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 0.47 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 29 news articles for Alexander & Baldwin this week, compared to 5 articles on an average week.Search Interest12 people have searched for ALEX on MarketBeat in the last 30 days. This is an increase of 1,100% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Alexander & Baldwin are expected to grow by 0.90% in the coming year, from $1.11 to $1.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alexander & Baldwin is 27.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Alexander & Baldwin is 27.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.62.Price to Book Value per Share RatioAlexander & Baldwin has a P/B Ratio of 1.19. 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 MillPubđ± This phenomenon is smashing regular market gainsThanks to a little-known âPathfinderâ trading phenomenon⊠Traders have recently unlocked one of the most powerful idea-generation sources in the history of trading. At every single market open.Click here to save your seat and join the next LIVE workshop! 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 30, 2024 | finance.yahoo.comAlexander & Baldwin, Inc. (NYSE:ALEX) Q1 2024 Earnings Call TranscriptApril 29, 2024 | americanbankingnews.comSidoti Csr Weighs in on Alexander & Baldwin, Inc.'s Q3 2024 Earnings (NYSE:ALEX)May 1, 2024 | MillPub (Ad)đ± This phenomenon is smashing regular market gainsThanks to a little-known âPathfinderâ trading phenomenon⊠Traders have recently unlocked one of the most powerful idea-generation sources in the history of trading. At every single market open.April 28, 2024 | yahoo.comThe cast of âZoolanderâ: Where are they now?April 28, 2024 | dallasnews.com2024 TAPPS regional track results: See how Dallas-area teams faredApril 28, 2024 | msn.comAlec Baldwin Once Claimed That Melania Trump Enjoys His Impression of Donald TrumpApril 27, 2024 | msn.com2025 NFL Draft Big Board: Luther Burden III, Will Johnson, Deone Walker Headline Core of Blue-Chip TalentApril 27, 2024 | time.comThe Only Answer to the Countryâs TroublesMay 1, 2024 | MillPub (Ad)đ± This phenomenon is smashing regular market gainsThanks to a little-known âPathfinderâ trading phenomenon⊠Traders have recently unlocked one of the most powerful idea-generation sources in the history of trading. At every single market open.April 27, 2024 | finance.yahoo.comAlexander & Baldwin First Quarter 2024 Earnings: Beats ExpectationsApril 26, 2024 | nj.comBoys Volleyball: BCSL stat leaders for April 24April 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 | 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 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 | 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 financingSee 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 Ex-Dividend for 4/5 Dividend3/14/2024Dividend Payable4/05/2024Last Earnings4/25/2024Today4/30/2024Next Earnings (Estimated)7/25/2024Fiscal 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+12.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.61 Trailing P/E Ratio27.00 Forward P/E Ratio14.84 P/E GrowthN/ANet Income$29.80 million Net Margins20.25% Pretax Margin23.46% Return on Equity4.76% Return on Assets2.82% Debt Debt-to-Equity Ratio0.45 Current Ratio0.38 Quick Ratio0.43 Sales & Book Value Annual Sales$208.90 million Price / Sales5.72 Cash Flow$1.04 per share Price / Cash Flow15.78 Book Value$13.83 per share Price / Book1.19Miscellaneous Outstanding Shares72,590,000Free Float72,084,000Market Cap$1.20 billion OptionableOptionable Beta1.21 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.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: $3.41MMs. Suzy P. HollingerVice President of Investor RelationsScott G. Morita (Age 55)Corporate Counsel & VP Mr. Francisco GutierrezSenior Vice President of DevelopmentMr. Derek T. Kanehira (Age 58)Senior Vice President of Human Resources Mr. Kit MillanSenior Vice President of Asset ManagementMore ExecutivesKey CompetitorsPennyMac Mortgage Investment TrustNYSE:PMTApartment Investment and ManagementNYSE:AIVUMH PropertiesNYSE:UMHAmerican Assets TrustNYSE:AATSafeholdNYSE:SAFEView All CompetitorsInstitutional OwnershipAllspring Global Investments Holdings LLCBought 2,514 shares on 4/30/2024Ownership: 0.003%Principal Financial Group Inc.Sold 1,435 shares on 4/29/2024Ownership: 0.519%Pinnacle Associates Ltd.Sold 5,015 shares on 4/26/2024Ownership: 0.529%Yousif Capital Management LLCSold 3,195 shares on 4/26/2024Ownership: 0.045%New York State Teachers Retirement SystemBought 1,200 shares on 4/25/2024Ownership: 0.195%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 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. What is Alexander & Baldwin's stock price target for 2024? 3 brokers have issued 12-month price objectives for Alexander & Baldwin's stock. 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 12.3% 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 beginning of the year. Since then, ALEX shares have decreased by 13.4% and is now trading at $16.47. View the best growth stocks for 2024 here. Are investors shorting Alexander & Baldwin? Alexander & Baldwin saw a increase in short interest in 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 days-to-cover ratio is currently 1.4 days. Currently, 0.6% of the company's shares are sold short. 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) issued its earnings results on Thursday, April, 25th. The financial services provider reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.03. The financial services provider earned $61.20 million during the quarter, compared to analyst estimates of $51.55 million. Alexander & Baldwin had a trailing twelve-month return on equity of 4.76% and a net margin of 20.25%. During the same period last year, the firm earned $0.29 earnings per share. 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. Shareholders of record on Friday, June 14th will be given a dividend of $0.222 per share on Monday, July 8th. This represents a $0.89 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date 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 5.50%. 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 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 145.90%. 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 earnings per share (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 many different retail and institutional investors. Top institutional shareholders include Reinhart Partners LLC. (3.37%), Pinnacle Associates Ltd. (0.53%), Principal Financial Group Inc. (0.52%), New York State Teachers Retirement System (0.20%), First Hawaiian Bank (0.13%) and Sumitomo Mitsui Trust Holdings Inc. (0.11%). 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 5/1/2024 by MarketBeat.com Staff From Our Partnersđ± This phenomenon is smashing regular market gainsMillPubYour bank is lying to you.MyBankTracker#1 election stockPorter & CompanyBiden to Launch âFedNOWâ [Move Your Money Now]Priority GoldDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingBiden out June 13; Kamala wonât replace him?Paradigm Press4 coins to be the âNext BitcoinâTrue Market Insiders 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. 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