Alexander & Baldwin (ALEX) Expected to Announce Quarterly Earnings on Thursday

Alexander & Baldwin (NYSE:ALEX - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Thursday, July 24th. Analysts expect Alexander & Baldwin to post earnings of $0.29 per share and revenue of $51.24 million for the quarter.

Alexander & Baldwin Stock Performance

NYSE ALEX traded down $0.09 during trading hours on Friday, hitting $17.63. 475,531 shares of the company's stock traded hands, compared to its average volume of 433,573. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.45. Alexander & Baldwin has a 52 week low of $15.70 and a 52 week high of $20.30. The firm has a market capitalization of $1.28 billion, a P/E ratio of 20.74 and a beta of 1.01. The business's fifty day moving average price is $17.83 and its two-hundred day moving average price is $17.54.

Alexander & Baldwin Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Friday, June 13th were issued a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 5.10%. The ex-dividend date was Friday, June 13th. Alexander & Baldwin's dividend payout ratio (DPR) is presently 105.88%.

Hedge Funds Weigh In On Alexander & Baldwin

Institutional investors have recently bought and sold shares of the business. Jones Financial Companies Lllp bought a new position in Alexander & Baldwin during the first quarter valued at $41,000. Royal Bank of Canada raised its stake in shares of Alexander & Baldwin by 38.8% in the first quarter. Royal Bank of Canada now owns 24,719 shares of the financial services provider's stock valued at $426,000 after acquiring an additional 6,906 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Alexander & Baldwin by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,288 shares of the financial services provider's stock valued at $746,000 after acquiring an additional 1,900 shares during the period. Jane Street Group LLC raised its stake in shares of Alexander & Baldwin by 12.3% in the first quarter. Jane Street Group LLC now owns 171,577 shares of the financial services provider's stock valued at $2,956,000 after acquiring an additional 18,818 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Alexander & Baldwin by 5.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 524,469 shares of the financial services provider's stock valued at $9,037,000 after acquiring an additional 24,904 shares during the period. Institutional investors own 91.29% of the company's stock.

About Alexander & Baldwin

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.