Alexander & Baldwin - ALEX Stock Forecast, Price & News

0 Wall Street analysts have issued 1 year price targets for Alexander & Baldwin's shares. Their ALEX share price forecasts range from $22.00 to $22.00. On average, they expect the company's share price to reach $22.00 in the next year. This suggests a possible upside of 11.2% from the stock's current price.
View analysts price targets for ALEX or view top-rated stocks among Wall Street analysts.

Alexander & Baldwin's stock was trading at $25.09 on January 1st, 2022. Since then, ALEX shares have decreased by 21.1% and is now trading at $19.79.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our ALEX earnings forecast.

Alexander & Baldwin, Inc. (NYSE:ALEX) issued its quarterly earnings results on Thursday, July, 28th. The financial services provider reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.86) by $0.66. Alexander & Baldwin had a net margin of 6.88% and a trailing twelve-month return on equity of 2.59%. During the same quarter in the prior year, the firm posted $0.25 EPS.

Alexander & Baldwin announced a quarterly dividend on Thursday, July 28th. Stockholders of record on Monday, September 19th will be given a dividend of $0.22 per share on Wednesday, October 5th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.45%. The ex-dividend date is Friday, September 16th. This is a boost from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for ALEX.

Alexander & Baldwin (NYSE:ALEX) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.98%. ALEX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 222.23%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ALEX will have a dividend payout ratio of 81.63% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ALEX.

Alexander & Baldwin updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $1.05-$1.11 for the period. The company issued revenue guidance of -.

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.

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).

Alexander & Baldwin trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALEX."

Alexander & Baldwin's stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (5.68%), Franklin Resources Inc. (3.34%), Reinhart Partners Inc. (3.08%), Northern Trust Corp (1.39%), JPMorgan Chase & Co. (1.34%) and London Co. of Virginia (1.10%). Insiders that own company stock include Brett A Brown, Christopher J Benjamin, Nelson N S Chun, Robert S Harrison and Stanley M Kuriyama.
View institutional ownership trends.

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.
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One share of ALEX stock can currently be purchased for approximately $19.79.

Alexander & Baldwin (NYSE:ALEX) has a market capitalization of $1.44 billion and generates $379.30 million in revenue each year. The financial services provider earns $35.40 million in net income (profit) each year or $0.36 on an earnings per share basis.

The company employs 611 workers across the globe.

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.