Alexander & Baldwin (ALEX) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alexander & Baldwin in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street 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.

1 equities research analysts have issued 1-year price targets for Alexander & Baldwin's stock. Their ALEX share price forecasts range from $20.00 to $20.00. On average, they expect the company's share price to reach $20.00 in the next year. This suggests a possible upside of 18.0% 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 $18.73 at the beginning of 2023. Since then, ALEX shares have decreased by 9.5% and is now trading at $16.95.
View the best growth stocks for 2023 here.

Alexander & Baldwin saw a increase in short interest in August. As of August 31st, there was short interest totaling 497,800 shares, an increase of 14.6% from the August 15th total of 434,500 shares. Based on an average daily volume of 264,800 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.7% of the company's stock are sold short.
View Alexander & Baldwin's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our ALEX earnings forecast.

Alexander & Baldwin, Inc. (NYSE:ALEX) released its quarterly earnings data on Thursday, July, 28th. The financial services provider reported ($0.20) earnings per share for the quarter, beating analysts' consensus estimates 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 quarter in the prior year, the company earned $0.25 EPS.

Alexander & Baldwin announced 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 annualized dividend and a dividend yield of 5.19%. The ex-dividend date is Friday, September 15th.
Read our dividend analysis for ALEX.

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).

Alexander & Baldwin (NYSE:ALEX) pays an annual dividend of $0.88 per share and currently has a dividend yield of 5.19%. 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.

Alexander & Baldwin issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $1.10-$1.14 for the period, compared to the consensus EPS estimate of $1.08. 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 many different retail and institutional investors. Top institutional shareholders 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.

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 $16.95.

Alexander & Baldwin (NYSE:ALEX) has a market capitalization of $1.23 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.

The company employs 144 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.