NYSE:ALEX Alexander & Baldwin (ALEX) Stock Forecast, Price & News $16.79 +0.22 (+1.33%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$16.69▼$16.8850-Day Range$16.57▼$19.3752-Week Range$16.03▼$20.75Volume429,692 shsAverage Volume250,145 shsMarket Capitalization$1.22 billionP/E RatioN/ADividend Yield5.24%Price Target$20.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Alexander & Baldwin MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside19.1% Upside$20.00 Price TargetShort InterestHealthy0.75% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-0.14Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth7.20%From $1.25 to $1.34 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.86 out of 5 starsFinance Sector729th out of 877 stocksReal Estate Investment Trusts Industry153rd out of 182 stocks 2.0 Analyst's Opinion Consensus RatingAlexander & Baldwin has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.00, Alexander & Baldwin has a forecasted upside of 19.1% from its current price of $16.79.Amount of Analyst CoverageAlexander & Baldwin has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.75% of the float of Alexander & Baldwin has been sold short.Short Interest Ratio / Days to CoverAlexander & Baldwin has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alexander & Baldwin has recently increased by 7.21%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAlexander & Baldwin is a leading dividend payer. It pays a dividend yield of 5.31%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlexander & Baldwin has only been increasing its dividend for 2 years.Dividend SustainabilityBased on earnings estimates, Alexander & Baldwin will have a dividend payout ratio of 65.67% next year. This indicates that Alexander & Baldwin will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALEX. Previous Next 1.0 News and Social Media Coverage News SentimentAlexander & Baldwin has a news sentiment score of -0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Alexander & Baldwin this week, compared to 4 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alexander & Baldwin insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.10% of the stock of Alexander & Baldwin is held by insiders.Percentage Held by Institutions84.93% of the stock of Alexander & Baldwin is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Alexander & Baldwin are expected to grow by 7.20% in the coming year, from $1.25 to $1.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alexander & Baldwin is -25.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Alexander & Baldwin is -25.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAlexander & Baldwin has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alexander & Baldwin (NYSE:ALEX) StockAlexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 13 industrial assets and four office properties, as well as 142.0 acres of ground leases. A&B is expanding and strengthening its Hawai'i CRE portfolio and achieving its strategic focus on commercial real estate by monetizing its remaining non-core assets. Over its 153-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.Read More ALEX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALEX Stock News HeadlinesSeptember 22, 2023 | msn.com‘NCIS’ Oral History as Show Turns 20: Cast Exits, Surprise Success and Tackling PoliticsSeptember 15, 2023 | ca.finance.yahoo.comAlexander & Baldwin, Inc. (ALEX)September 28, 2023 | Chaikin Analytics (Ad)Get Your Cash Out of U.S. Banks ImmediatelyMan who predicted 2023 bank run warns a historic financial reset is coming. Get out of cash and into a new vehicle 50 years in the making. Click here to learn more.September 15, 2023 | finance.yahoo.comAlexander & Baldwin Inc (ALEX): A Closer Look at its Dividend PerformanceSeptember 11, 2023 | bizjournals.comA&B names interim president of Grace PacificSeptember 11, 2023 | finance.yahoo.comAlexander & Baldwin to Participate in Bank of America Securities 2023 Global Real Estate ConferenceSeptember 11, 2023 | finance.yahoo.comDown -6.53% in 4 Weeks, Here's Why Alexander & Baldwin Holdings, Inc. (ALEX) Looks Ripe for a TurnaroundSeptember 7, 2023 | bizjournals.comSushi company adds second store on OahuSeptember 28, 2023 | Chaikin Analytics (Ad)Get Your Cash Out of U.S. Banks ImmediatelyMan who predicted 2023 bank run warns a historic financial reset is coming. Get out of cash and into a new vehicle 50 years in the making. Click here to learn more.September 7, 2023 | bizjournals.comBaked goods store opens second Oahu shop in KailuaSeptember 5, 2023 | msn.comAlexander Zverev Forced to Change Sneakers Three Times During Match Against Jannik Sinner at US Open 2023September 5, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Howard Hughes Holdings (HHH) and Medical Properties (MPW)September 2, 2023 | msn.comAlec Baldwin's 3 Brothers: All About Actors Stephen, William and DanielAugust 26, 2023 | msn.comJacksonville high school football roundup: Oakleaf, Riverside, Baldwin winAugust 24, 2023 | finance.yahoo.comAlexander & Baldwin Holdings, Inc. (ALEX) Upgraded to Buy: Here's What You Should KnowAugust 21, 2023 | finance.yahoo.comWith 87% ownership, Alexander & Baldwin, Inc. (NYSE:ALEX) boasts of strong institutional backingAugust 15, 2023 | msn.comAlexander & Baldwin: Maui Wildfires Create Downside RiskAugust 12, 2023 | msn.comCasey Baldwin: The Story Of The First Canadian To Fly An AirplaneAugust 9, 2023 | msn.comMaui's historic Baldwin Home destroyed by wildfireJuly 29, 2023 | markets.businessinsider.comPiper Sandler Keeps Their Hold Rating on Alexander & Baldwin (ALEX)July 28, 2023 | investing.comAlexander&Baldwin (ALEX) Earnings Dates & ReportsJuly 28, 2023 | finance.yahoo.comAlexander & Baldwin, Inc. Reports Second Quarter 2023 ResultsJuly 28, 2023 | finance.yahoo.comAlexander & Baldwin Holdings, Inc. (ALEX) Lags Q2 FFO EstimatesJuly 28, 2023 | finance.yahoo.comQ2 2023 Alexander & Baldwin Inc (Hawaii) Earnings CallJuly 27, 2023 | benzinga.comAlexander & Baldwin Earnings PreviewJuly 27, 2023 | finance.yahoo.comAlexander & Baldwin Third Quarter 2023 Dividend AuthorizedJuly 14, 2023 | msn.comCast Announced For Playhouse Production Of 'Bridges Of Madison County'See More Headlines Receive ALEX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alexander & Baldwin and its competitors with MarketBeat's FREE daily newsletter. Email Address ALEX Company Calendar Last Earnings7/28/2022Ex-Dividend for 7/5 Dividend6/15/2023Dividend Payable7/05/2023Ex-Dividend for 10/4 Dividend9/15/2023Today9/28/2023Dividend Payable10/04/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryDiversified Real Estate Activities SectorFinance Current SymbolNYSE:ALEX CUSIP01449110 CIK1545654 Webwww.alexanderbaldwin.com Phone(808) 525-6611Fax808-525-6652Employees144Year FoundedN/APrice Target and Rating Average Stock Price Forecast$20.00 High Stock Price Forecast$20.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+19.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.65) Trailing P/E RatioN/A Forward P/E Ratio13.41 P/E GrowthN/ANet Income$-50,600,000.00 Net Margins-17.13% Pretax Margin15.51% Return on Equity3.94% Return on Assets2.31% Debt Debt-to-Equity Ratio0.50 Current Ratio0.23 Quick Ratio0.23 Sales & Book Value Annual Sales$230.50 million Price / Sales5.28 Cash Flow$1.03 per share Price / Cash Flow16.24 Book Value$14.28 per share Price / Book1.17Miscellaneous Outstanding Shares72,630,000Free Float71,826,000Market Cap$1.22 billion OptionableOptionable Beta1.32 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Lance K. Parker (Age 49)Pres, CEO & Director Comp: $1.34MMr. Clayton K. Y. Chun (Age 45)Exec. VP, Treasurer & CFO Comp: $598.66kMs. Meredith J. Ching (Age 66)Exec. VP of External Affairs Comp: $743.75kMr. Christopher J. Benjamin (Age 60)Consultant Comp: $2.33MMr. Jerrod M. Schreck (Age 49)Exec. VP Comp: $598.3kMr. Jeff PaukerExec. VP & Chief Investment OfficerMr. Anthony J. Tommasino (Age 40)VP, Controller & Principal Accounting Officer Ms. Suzy P. HollingerVP of Investor RelationsScott G. MoritaCorp. Counsel & VPMr. Francisco GutierrezSr. VP of Devel.More ExecutivesKey CompetitorsElme CommunitiesNYSE:ELMECoreCivicNYSE:CXWService Properties TrustNASDAQ:SVCEmpire State Realty TrustNYSE:ESRTSafeholdNYSE:SAFEView All CompetitorsInstitutional OwnershipComerica BankBought 65,685 shares on 8/22/2023Ownership: 0.090%Virginia Retirement Systems ET ALBought 24,200 shares on 8/22/2023Ownership: 0.033%California State Teachers Retirement SystemSold 2,644 shares on 8/21/2023Ownership: 0.121%Osaic Holdings Inc.Sold 2,319 shares on 8/21/2023Ownership: 0.032%Teachers Retirement System of The State of KentuckyBought 1,276 shares on 8/21/2023Ownership: 0.031%View All Institutional Transactions ALEX Stock - Frequently Asked Questions Should I buy or sell Alexander & Baldwin stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alexander & Baldwin in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ALEX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALEX, but not buy additional shares or sell existing shares. View ALEX analyst ratings or view top-rated stocks. What is Alexander & Baldwin's stock price forecast for 2023? 1 Wall Street research analysts have issued 12 month target prices for Alexander & Baldwin's shares. Their ALEX share price forecasts range from $20.00 to $20.00. On average, they expect the company's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 19.3% from the stock's current price. View analysts price targets for ALEX or view top-rated stocks among Wall Street analysts. How have ALEX shares performed in 2023? Alexander & Baldwin's stock was trading at $18.73 at the beginning of 2023. Since then, ALEX stock has decreased by 10.5% and is now trading at $16.76. View the best growth stocks for 2023 here. Are investors shorting Alexander & Baldwin? Alexander & Baldwin saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 533,700 shares, an increase of 7.2% from the August 31st total of 497,800 shares. Based on an average daily volume of 267,900 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.8% of the shares of the stock are sold short. View Alexander & Baldwin's Short Interest. When is Alexander & Baldwin's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our ALEX earnings forecast. How were Alexander & Baldwin's earnings last quarter? Alexander & Baldwin, Inc. (NYSE:ALEX) announced its quarterly earnings results on Thursday, July, 28th. The financial services provider reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.86) by $0.66. Alexander & Baldwin had a negative net margin of 17.13% and a positive trailing twelve-month return on equity of 3.94%. During the same period in the previous year, the company posted $0.25 EPS. How often does Alexander & Baldwin pay dividends? What is the dividend yield for Alexander & Baldwin? Alexander & Baldwin declared a quarterly dividend on Tuesday, July 25th. Shareholders of record on Monday, September 18th will be paid a dividend of $0.22 per share on Wednesday, October 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.25%. The ex-dividend date of this dividend is Friday, September 15th. Read our dividend analysis for ALEX. What ETFs hold Alexander & Baldwin's stock? ETFs with the largest weight of Alexander & Baldwin (NYSE:ALEX) stock in their portfolio include Virtus Real Asset Income ETF (VRAI) and Harbor Small Cap Explorer ETF (QWST).ETFB Green SRI REITs ETF (RITA). Is Alexander & Baldwin a good dividend stock? Alexander & Baldwin (NYSE:ALEX) pays an annual dividend of $0.88 per share and currently has a dividend yield of 5.31%. ALEX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for ALEX. What guidance has Alexander & Baldwin issued on next quarter's earnings? Alexander & Baldwin updated its FY 2023 earnings guidance on Thursday, July, 27th. The company provided EPS guidance of $1.10-$1.14 for the period, compared to the consensus estimate of $1.08. The company issued revenue guidance of -. What is Christopher Benjamin's approval rating as Alexander & Baldwin's CEO? 1 employees have rated Alexander & Baldwin Chief Executive Officer Christopher Benjamin on Glassdoor.com. Christopher Benjamin has an approval rating of 100% among the company's employees. This puts Christopher Benjamin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Alexander & Baldwin own? Based on aggregate information from My MarketBeat watchlists, some companies that other Alexander & Baldwin investors own include Alibaba Group (BABA), B&G Foods (BGS), KeyCorp (KEY), Micron Technology (MU), Broadcom (AVGO), Boeing (BA), Bank of America (BAC), Consolidated Edison (ED), Freeport-McMoRan (FCX) and Matson (MATX). What is Alexander & Baldwin's stock symbol? Alexander & Baldwin trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALEX." Who are Alexander & Baldwin's major shareholders? Alexander & Baldwin's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (18.75%), State Street Corp (5.70%), Franklin Resources Inc. (4.62%), Reinhart Partners LLC. (3.04%), Geode Capital Management LLC (2.20%) and Charles Schwab Investment Management Inc. (1.88%). View institutional ownership trends. How do I buy shares of Alexander & Baldwin? Shares of ALEX 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. What is Alexander & Baldwin's stock price today? One share of ALEX stock can currently be purchased for approximately $16.76. How much money does Alexander & Baldwin make? Alexander & Baldwin (NYSE:ALEX) has a market capitalization of $1.22 billion and generates $230.50 million in revenue each year. The financial services provider earns $-50,600,000.00 in net income (profit) each year or ($0.65) on an earnings per share basis. How many employees does Alexander & Baldwin have? The company employs 144 workers across the globe. How can I contact Alexander & Baldwin? Alexander & Baldwin's mailing address is 822 BISHOP STREET P.O. BOX 3440, HONOLULU HI, 96801. The official website for the company is www.alexanderbaldwin.com. The financial services provider can be reached via phone at (808) 525-6611, via email at kkan@abhi.com, or via fax at 808-525-6652. This page (NYSE:ALEX) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Alexander & Baldwin, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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