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NYSE:ACI

Albertsons Companies (ACI) Stock Price, News & Analysis

$20.36
-0.02 (-0.10%)
(As of 05/28/2024 ET)
Today's Range
$20.31
$20.47
50-Day Range
$19.92
$21.44
52-Week Range
$19.84
$23.88
Volume
1.55 million shs
Average Volume
3.08 million shs
Market Capitalization
$11.75 billion
P/E Ratio
9.13
Dividend Yield
2.36%
Price Target
$24.45

Albertsons Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
20.1% Upside
$24.45 Price Target
Short Interest
Healthy
3.82% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.15mentions of Albertsons Companies in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$2.53 M Sold Last Quarter
Proj. Earnings Growth
3.28%
From $2.44 to $2.52 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.20 out of 5 stars

Consumer Staples Sector

51st out of 135 stocks

Grocery Stores Industry

4th out of 10 stocks

ACI stock logo

About Albertsons Companies Stock (NYSE:ACI)

Albertsons Companies, Inc., through its subsidiaries, engages in the operation of food and drug stores in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores. It operates stores under various banners, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and Balducci's Food Lovers Market; and pharmacies, in-store branded coffee shops, adjacent fuel centers, distribution centers, and manufacturing facilities, as well as various digital platforms. Albertsons Companies, Inc. was founded in 1860 and is headquartered in Boise, Idaho. Albertsons Companies, Inc. operates as a subsidiary of Albertsons Investor Holdings LLC.

ACI Stock Price History

ACI Stock News Headlines

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Company Calendar

Last Earnings
4/22/2024
Ex-Dividend for 5/10 Dividend
4/25/2024
Dividend Payable
5/10/2024
Today
5/29/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Grocery stores
Sub-Industry
N/A
Fax
N/A
Employees
200,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.45
High Stock Price Target
$27.25
Low Stock Price Target
$22.00
Potential Upside/Downside
+20.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$1.30 billion
Pretax Margin
2.01%

Debt

Sales & Book Value

Annual Sales
$79.24 billion
Cash Flow
$7.04 per share
Book Value
$4.77 per share

Miscellaneous

Free Float
570,479,000
Market Cap
$11.75 billion
Optionable
Not Optionable
Beta
0.51
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Key Executives


ACI Stock Analysis - Frequently Asked Questions

Should I buy or sell Albertsons Companies stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albertsons Companies in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ACI shares.
View ACI analyst ratings
or view top-rated stocks.

What is Albertsons Companies' stock price target for 2024?

6 Wall Street analysts have issued 12-month price targets for Albertsons Companies' shares. Their ACI share price targets range from $22.00 to $27.25. On average, they predict the company's share price to reach $24.45 in the next year. This suggests a possible upside of 20.1% from the stock's current price.
View analysts price targets for ACI
or view top-rated stocks among Wall Street analysts.

How have ACI shares performed in 2024?

Albertsons Companies' stock was trading at $23.00 at the beginning of the year. Since then, ACI stock has decreased by 11.5% and is now trading at $20.3550.
View the best growth stocks for 2024 here
.

Are investors shorting Albertsons Companies?

Albertsons Companies saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 12,750,000 shares, a decline of 6.3% from the April 30th total of 13,610,000 shares. Based on an average daily volume of 2,940,000 shares, the short-interest ratio is currently 4.3 days. Approximately 3.8% of the company's stock are sold short.
View Albertsons Companies' Short Interest
.

When is Albertsons Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our ACI earnings forecast
.

How were Albertsons Companies' earnings last quarter?

Albertsons Companies, Inc. (NYSE:ACI) released its quarterly earnings results on Monday, April, 22nd. The company reported $0.51 earnings per share for the quarter, hitting the consensus estimate of $0.51. The business earned $18.34 billion during the quarter, compared to analyst estimates of $18.40 billion. Albertsons Companies had a trailing twelve-month return on equity of 68.02% and a net margin of 1.64%.

How often does Albertsons Companies pay dividends? What is the dividend yield for Albertsons Companies?

Albertsons Companies announced a quarterly dividend on Thursday, April 11th. Shareholders of record on Friday, April 26th will be given a dividend of $0.12 per share on Friday, May 10th. This represents a $0.48 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Thursday, April 25th.
Read our dividend analysis for ACI
.

Is Albertsons Companies a good dividend stock?

Albertsons Companies (NYSE:ACI) pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.36%. The dividend payout ratio is 21.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ACI will have a dividend payout ratio of 19.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ACI.

What is Paul Lang's approval rating as Albertsons Companies' CEO?

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.

What other stocks do shareholders of Albertsons Companies own?

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).

When did Albertsons Companies IPO?

Albertsons Companies (ACI) raised $1.3 billion in an initial public offering (IPO) on Friday, June 26th 2020. The company issued 65,800,000 shares at a price of $18.00-$20.00 per share. BofA Securities, Goldman Sachs, J.P. Morgan and Citigroup served 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.

Who are Albertsons Companies' major shareholders?

Albertsons Companies' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.74%), LSV Asset Management (0.88%), Lubert Adler Management Company LP (0.31%), Healthcare of Ontario Pension Plan Trust Fund (0.28%), Private Management Group Inc. (0.27%) and Whitebox Advisors LLC (0.19%). Insiders that own company stock include Anuj Dhanda, Evan Rainwater, Omer Gajial, Realty Corp Kimco, Robert Bruce Larson and Susan Morris.
View institutional ownership trends
.

How do I buy shares of Albertsons Companies?

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

This page (NYSE:ACI) was last updated on 5/29/2024 by MarketBeat.com Staff

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