Albertsons Companies - ACI Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Albertsons Companies in the last year. There are currently 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ACI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ACI, but not buy additional shares or sell existing shares.
View ACI analyst ratings or view top-rated stocks.

10 brokers have issued 12 month target prices for Albertsons Companies' stock. Their ACI share price forecasts range from $21.00 to $37.00. On average, they predict the company's stock price to reach $27.77 in the next year. This suggests a possible upside of 37.5% from the stock's current price.
View analysts price targets for ACI or view top-rated stocks among Wall Street analysts.

Albertsons Companies' stock was trading at $20.74 at the beginning of the year. Since then, ACI stock has decreased by 2.7% and is now trading at $20.19.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 11th 2023.
View our ACI earnings forecast.

Albertsons Companies, Inc. (NYSE:ACI) released its earnings results on Tuesday, January, 10th. The company reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.63 by $0.19. The company earned $18.15 billion during the quarter, compared to the consensus estimate of $17.50 billion. Albertsons Companies had a net margin of 2.16% and a trailing twelve-month return on equity of 60.71%.

Albertsons Companies announced a quarterly dividend on Tuesday, January 10th. Shareholders of record on Thursday, January 26th will be given a dividend of $0.12 per share on Friday, February 10th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Wednesday, January 25th.
Read our dividend analysis for ACI.

ETFs with the largest weight of Albertsons Companies (NYSE:ACI) stock in their portfolio include IQ Merger Arbitrage ETF (MNA), First Trust Merger Arbitrage ETF (MARB), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), First Trust Consumer Staples AlphaDEX Fund (FXG), Invesco Dynamic Food & Beverage ETF (PBJ), ProShares Merger ETF (MRGR), Global X Guru Index ETF (GURU) and Distillate Small/Mid Cash Flow ETF (DSMC).

Albertsons Companies (NYSE:ACI) pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.41%. The dividend payout ratio is 19.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ACI will have a dividend payout ratio of 16.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ACI.

1 employees have rated Albertsons Companies Chief Executive Officer Paul Lang on Glassdoor.com. Paul Lang has an approval rating of 100% among the company's employees. This puts Paul Lang in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Albertsons Companies investors own include NVIDIA (NVDA), Verizon Communications (VZ), Pfizer (PFE), QUALCOMM (QCOM), Boeing (BA), Johnson & Johnson (JNJ), Tesla (TSLA), CVS Health (CVS), AT&T (T) and Advanced Micro Devices (AMD).

(ACI) raised $1.3 billion in an IPO on Friday, June 26th 2020. The company issued 65,800,000 shares at $18.00-$20.00 per share. BofA Securities, Goldman Sachs, J.P. Morgan and Citigroup acted as the underwriters for the IPO and Credit Suisse, Morgan Stanley, Wells Fargo Securities, Barclays, Deutsche Bank Securities, BMO Capital Markets, Evercore ISI, Guggenheim Securities, Oppenheimer, RBC Capital Markets, Telsey Advisory Group, MUFG, Academy Securities, Blaylock Van, Drexel Hamilton, Loop Capital Markets, Penserra Securities, Ramirez, Stern and Tigress Financial Partners were co-managers.

Albertsons Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACI."

Albertsons Companies' stock is owned by many different institutional and retail investors. Top institutional shareholders include Norges Bank (1.01%), Renaissance Technologies LLC (0.68%), Millennium Management LLC (0.61%), Alpine Associates Management Inc. (0.60%), Scout Investments Inc. (0.52%) and Segantii Capital Management Ltd (0.51%). Insiders that own company stock include Anuj Dhanda, Evan Rainwater, Omer Gajial, Realty Corp Kimco, Robert Bruce Larson, Steven A Davis, Susan Morris and Vivek Sankaran.
View institutional ownership trends.

Shares of ACI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of ACI stock can currently be purchased for approximately $20.19.

Albertsons Companies (NYSE:ACI) has a market capitalization of $10.82 billion and generates $71.89 billion in revenue each year. The company earns $1.62 billion in net income (profit) each year or $2.42 on an earnings per share basis.

The company employs 290,000 workers across the globe.

Albertsons Companies' mailing address is 250 PARKCENTER BLVD., BOISE ID, 83706. The official website for the company is www.albertsonscompanies.com. The company can be reached via phone at 208-395-6200 or via email at investor-relations@albertsons.com.