Albertsons Companies Stock Price, News & Analysis (NYSE:ACI)

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Albertsons Companies in the last year. There are currently 4 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.

6 brokerages have issued 1-year price targets for Albertsons Companies' stock. Their ACI share price targets range from $22.00 to $28.00. On average, they expect the company's stock price to reach $25.85 in the next twelve months. This suggests a possible upside of 16.5% 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 on January 1st, 2023. Since then, ACI shares have increased by 7.0% and is now trading at $22.19.
View the best growth stocks for 2023 here.

Albertsons Companies saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 15,070,000 shares, an increase of 26.5% from the October 31st total of 11,910,000 shares. Based on an average trading volume of 3,410,000 shares, the short-interest ratio is presently 4.4 days. Currently, 4.6% of the shares of the company are sold short.
View Albertsons Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 9th 2024.
View our ACI earnings forecast.

Albertsons Companies, Inc. (NYSE:ACI) posted its quarterly earnings data on Tuesday, October, 17th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.07. The company earned $18.29 billion during the quarter, compared to analysts' expectations of $18.30 billion. Albertsons Companies had a trailing twelve-month return on equity of 106.93% and a net margin of 1.74%. The company's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.68 EPS.

Albertsons Companies declared a quarterly dividend on Tuesday, October 17th. Shareholders of record on Tuesday, October 31st will be given a dividend of $0.12 per share on Tuesday, November 14th. This represents a $0.48 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Monday, October 30th.
Read our dividend analysis for ACI.

Albertsons Companies (NYSE:ACI) pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.20%. The dividend payout ratio is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ACI will have a dividend payout ratio of 18.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ACI.

ETFs with the largest weight of Albertsons Companies (NYSE:ACI) stock in their portfolio include First Trust Merger Arbitrage ETF (MARB), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), First Trust Consumer Staples AlphaDEX Fund (FXG), ProShares Merger ETF (MRGR), AltShares Merger Arbitrage ETF (ARB), Renaissance IPO ETF (IPO), iShares Factors US Growth Style ETF (STLG) and Global X Guru Index ETF (GURU).

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 initial public offering (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' stock is owned by many different institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (0.88%), LSV Asset Management (0.82%), JPMorgan Chase & Co. (0.78%), Alpine Associates Management Inc. (0.74%), FMR LLC (0.69%) and Segantii Capital Management Ltd (0.58%). 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.

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.
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