Sidoti Csr Raises Earnings Estimates for Alexander & Baldwin

Key Points

• Sidoti Csr has raised its EPS estimate for Alexander & Baldwin for FY2025 to $1.39, an increase from the previous estimate of $1.36, while the consensus estimate stands at $1.35 per share.
• A quarterly dividend of $0.225 has been declared, with a dividend yield of 4.96%, to be paid on October 7th to stockholders recorded on September 12th.
• The stock has recently experienced a decline of 2.1%, opening at $18.14, while institutional investors hold 91.29% of Alexander & Baldwin's stock.

Alexander & Baldwin Holdings, Inc. (NYSE:ALEX - Free Report) - Investment analysts at Sidoti Csr increased their FY2025 EPS estimates for Alexander & Baldwin in a research note issued to investors on Tuesday, July 29th. Sidoti Csr analyst B. Mccarthy now expects that the financial services provider will post earnings per share of $1.39 for the year, up from their previous estimate of $1.36. The consensus estimate for Alexander & Baldwin's current full-year earnings is $1.35 per share. Sidoti Csr also issued estimates for Alexander & Baldwin's Q4 2025 earnings at $0.28 EPS, Q1 2026 earnings at $0.29 EPS and FY2026 earnings at $1.20 EPS.

Alexander & Baldwin Stock Up 1.3%

NYSE ALEX traded up $0.24 during mid-day trading on Thursday, reaching $18.23. The stock had a trading volume of 190,005 shares, compared to its average volume of 436,153. Alexander & Baldwin has a 1 year low of $15.70 and a 1 year high of $20.11. The stock has a market cap of $1.33 billion, a PE ratio of 17.02, a price-to-earnings-growth ratio of 1.59 and a beta of 1.04. The company has a fifty day moving average price of $17.94 and a 200 day moving average price of $17.59. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.20 and a quick ratio of 0.20.

Alexander & Baldwin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 7th. Shareholders of record on Friday, September 12th will be paid 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 4.9%. Alexander & Baldwin's payout ratio is currently 84.11%.

Institutional Investors Weigh In On Alexander & Baldwin

A number of hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in Alexander & Baldwin in the 4th quarter worth $272,000. American Century Companies Inc. boosted its holdings in shares of Alexander & Baldwin by 3.4% during the 4th quarter. American Century Companies Inc. now owns 24,188 shares of the financial services provider's stock valued at $429,000 after purchasing an additional 797 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Alexander & Baldwin during the 4th quarter valued at about $277,000. Prudential Financial Inc. boosted its holdings in shares of Alexander & Baldwin by 32.8% during the 4th quarter. Prudential Financial Inc. now owns 99,997 shares of the financial services provider's stock valued at $1,774,000 after purchasing an additional 24,700 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Alexander & Baldwin by 51.0% during the 4th quarter. JPMorgan Chase & Co. now owns 880,018 shares of the financial services provider's stock valued at $15,612,000 after purchasing an additional 297,044 shares during the last quarter. 91.29% of the stock is currently owned by hedge funds and other institutional investors.

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.