Alexander & Baldwin (NYSE:ALEX) Releases FY 2025 Earnings Guidance

Alexander & Baldwin (NYSE:ALEX - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.350-1.40 for the period, compared to the consensus estimate of 1.232. The company issued revenue guidance of -.

Alexander & Baldwin Trading Down 0.8%

Shares of NYSE ALEX traded down $0.14 during midday trading on Monday, reaching $18.27. The company had a trading volume of 427,705 shares, compared to its average volume of 404,370. Alexander & Baldwin has a one year low of $15.70 and a one year high of $20.14. The company has a quick ratio of 0.31, a current ratio of 0.20 and a debt-to-equity ratio of 0.44. The firm's fifty day moving average price is $17.88 and its 200-day moving average price is $17.57. The stock has a market cap of $1.33 billion, a PE ratio of 17.07 and a beta of 1.01.

Alexander & Baldwin Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 7th. Investors of record on Friday, September 12th will be issued a dividend of $0.225 per share. The ex-dividend date is Friday, September 12th. This represents a $0.90 dividend on an annualized basis and a yield of 4.93%. Alexander & Baldwin's dividend payout ratio is presently 84.11%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Jones Financial Companies Lllp purchased a new position in shares of Alexander & Baldwin during the 1st quarter worth approximately $41,000. Royal Bank of Canada boosted its position in shares of Alexander & Baldwin by 38.8% in the 1st quarter. Royal Bank of Canada now owns 24,719 shares of the financial services provider's stock worth $426,000 after purchasing an additional 6,906 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Alexander & Baldwin by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,288 shares of the financial services provider's stock worth $746,000 after purchasing an additional 1,900 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Alexander & Baldwin by 12.3% in the 1st quarter. Jane Street Group LLC now owns 171,577 shares of the financial services provider's stock worth $2,956,000 after purchasing an additional 18,818 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Alexander & Baldwin by 5.0% in the 1st 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 worth $9,037,000 after purchasing an additional 24,904 shares in the last quarter. Hedge funds and other institutional investors own 91.29% of the company's stock.

Alexander & Baldwin Company Profile

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.