Alexander & Baldwin (NYSE:ALEX - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $50.81 million for the quarter. Alexander & Baldwin has set its FY 2025 guidance at 1.130-1.200 EPS.
Alexander & Baldwin (NYSE:ALEX - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The financial services provider reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.15. Alexander & Baldwin had a net margin of 19.64% and a return on equity of 5.93%. The company had revenue of $62.45 million during the quarter, compared to analysts' expectations of $49.68 million. On average, analysts expect Alexander & Baldwin to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Alexander & Baldwin Price Performance
Shares of ALEX stock traded up $0.19 during mid-day trading on Tuesday, hitting $16.83. 397,792 shares of the stock were exchanged, compared to its average volume of 375,292. Alexander & Baldwin has a 52-week low of $15.70 and a 52-week high of $20.30. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.47. The company has a market cap of $1.22 billion, a PE ratio of 27.14 and a beta of 1.03. The firm has a fifty day moving average of $17.29 and a 200 day moving average of $18.05.
Alexander & Baldwin Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Friday, March 14th were given a dividend of $0.225 per share. The ex-dividend date was Friday, March 14th. This represents a $0.90 dividend on an annualized basis and a yield of 5.35%. This is an increase from Alexander & Baldwin's previous quarterly dividend of $0.22. Alexander & Baldwin's dividend payout ratio is currently 107.14%.
Wall Street Analyst Weigh In
A number of research firms have recently commented on ALEX. Piper Sandler boosted their price objective on Alexander & Baldwin from $23.00 to $24.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. JMP Securities reissued a "market perform" rating on shares of Alexander & Baldwin in a report on Monday, January 6th. Finally, StockNews.com downgraded shares of Alexander & Baldwin from a "buy" rating to a "hold" rating in a report on Sunday, March 16th.
Check Out Our Latest Stock Analysis on ALEX
Alexander & Baldwin Company Profile
(
Get Free Report)
Alexander & Baldwin, Inc engages in the real estate business. It operates through the Commercial Real Estate and Land Operations segments. The Commercial Real Estate segment includes investments and acquisitions, construction and development, and in-house leasing and property management. The Land Operations segment consists of legacy landholdings, assets, and liabilities subject to the company's simplification and monetization effort.
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