NYSE:ALEX Alexander & Baldwin (ALEX) Stock Forecast, Price & News $19.01 +0.60 (+3.26%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$18.59▼$19.0650-Day Range$17.77▼$19.5752-Week Range$15.80▼$20.83Volume253,824 shsAverage Volume185,929 shsMarket Capitalization$1.38 billionP/E RatioN/ADividend Yield4.63%Price Target$20.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Alexander & Baldwin MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside5.2% Upside$20.00 Price TargetShort InterestHealthy1.26% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.24Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth5.56%From $1.08 to $1.14 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.1.60 out of 5 starsFinance Sector798th out of 871 stocksReal Estate Investment Trusts Industry176th out of 192 stocks 1.0 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 5.2% from its current price of $19.01.Amount of Analyst CoverageAlexander & Baldwin has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.26% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alexander & Baldwin has recently decreased by 10.36%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipAlexander & Baldwin is a leading dividend payer. It pays a dividend yield of 4.63%, 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 EPS estimates, Alexander & Baldwin will have a dividend payout ratio of 77.19% in the coming year. This indicates that Alexander & Baldwin may not be able to sustain their current 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 1.8 News and Social Media Coverage News SentimentAlexander & Baldwin has a news sentiment score of 0.24. 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 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 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 Institutions85.56% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Alexander & Baldwin are expected to grow by 5.56% in the coming year, from $1.08 to $1.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alexander & Baldwin is -24.37, 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 -24.37, 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 1.35. 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. engages in real estate business. It operates through the following segments: Commercial Real Estate, Land Operations, and Materials and Construction. The Commercial Real Estate segment includes investments and acquisitions, construction and development, in-house leasing and property management, and asset management. The Land Operations segment consists of legacy assets and landholdings that are subject to the company's simplification and monetization effort. The Materials and Construction segment deals with asphalt paving contractor and natural materials and infrastructure construction services. The company was founded by Samuel Thomas Alexander and Henry Perrine Baldwin on 1870 and is headquartered in Honolulu, HI.Read More 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 Stock News HeadlinesJune 2, 2023 | msn.comJudge approves Alec Baldwin's settlement agreement with Halyna Hutchins' familyJune 1, 2023 | finance.yahoo.comAlexander & Baldwin to Participate in Nareit's REITweek: 2023 Investor ConferenceJune 4, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.June 1, 2023 | americanbankingnews.comRayonier (NYSE:RYN) vs. Alexander & Baldwin (NYSE:ALEX) Head to Head ReviewMay 31, 2023 | msn.comAlec Baldwin Undergoes Hip Replacement SurgeryMay 31, 2023 | bizjournals.comAlexander & Baldwin acquires Kapolei industrial property for $9.48MMay 29, 2023 | msn.comSentencing delaying in Gulf Coast Walmart arsons case; Employees testifyMay 29, 2023 | msn.comWarriors land Creighton's Trey Alexander with No. 19 pick in CBS Sports 2023 mock draftJune 4, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 26, 2023 | msn.comSentencing delaying in Walmart arson case; Walmart employees testifyMay 26, 2023 | bizjournals.comA&B promotes Jeff Pauker to executive vice president, chief investment officerMay 24, 2023 | finance.yahoo.comALEXANDER & BALDWIN PROMOTES JEFF PAUKER TO EXECUTIVE VICE PRESIDENT AND CHIEF INVESTMENT OFFICERMay 22, 2023 | seekingalpha.comAlexander & Baldwin: Positive On Unchanged Guidance And Long-Term DriversMay 19, 2023 | news.yahoo.comAlec Baldwin, father of 8, becomes first-time grandfatherMay 19, 2023 | americanbankingnews.comAlexander & Baldwin (NYSE:ALEX) Earns Sell Rating from Analysts at StockNews.comMay 18, 2023 | sports.yahoo.comLicking Heights High School releases 2022-23 third quarter honor rollMay 16, 2023 | uk.news.yahoo.comAlec Baldwin not 'absolved of criminal culpability' despite dropping of chargesMay 16, 2023 | news.yahoo.comAlec Baldwin accused of being ‘tone-deaf’ after he posts photo marking last day of filming RustMay 15, 2023 | finance.yahoo.comThose who invested in Alexander & Baldwin (NYSE:ALEX) three years ago are up 84%May 9, 2023 | americanbankingnews.comAlexander & Baldwin (NYSE:ALEX) Lowered to Sell at StockNews.comMay 7, 2023 | news.yahoo.comA&B's leased occupancy strong, net income fallsMay 5, 2023 | finance.yahoo.comTejon Ranch Co. Names New Chief Financial OfficerMay 4, 2023 | msn.comAlexander & Baldwin GAAP EPS of $0.07, revenue of $50.4MMay 4, 2023 | finance.yahoo.comAlexander & Baldwin Holdings, Inc. (ALEX) Q1 FFO Surpass EstimatesMay 3, 2023 | finance.yahoo.comAre Finance Stocks Lagging Alexander & Baldwin Holdings (ALEX) This Year?May 3, 2023 | americanbankingnews.comAlexander & Baldwin (ALEX) to Release Earnings on ThursdayMay 3, 2023 | americanbankingnews.comShort Interest in Alexander & Baldwin, Inc. (NYSE:ALEX) Expands By 10.1%See More Headlines ALEX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALEX Company Calendar Last Earnings7/28/2022Ex-Dividend for 4/4 Dividend3/16/2023Dividend Payable4/04/2023Today6/04/2023Ex-Dividend for 7/5 Dividend6/15/2023Dividend Payable7/05/2023Next Earnings (Estimated)7/27/2023Fiscal 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) 525-6611Fax808-525-6652Employees611Year 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+5.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.78) Trailing P/E RatioN/A Forward P/E Ratio17.60 P/E GrowthN/ANet Income$-50,600,000.00 Net Margins-18.24% Pretax Margin6.10% Return on Equity3.36% Return on Assets2.00% Debt Debt-to-Equity Ratio0.47 Current Ratio0.28 Quick Ratio0.28 Sales & Book Value Annual Sales$230.50 million Price / Sales5.99 Cash Flow$1.02 per share Price / Cash Flow18.64 Book Value$14.05 per share Price / Book1.35Miscellaneous Outstanding Shares72,590,000Free Float71,795,000Market Cap$1.38 billion OptionableOptionable Beta1.32 Key ExecutivesChristopher J. BenjaminChief Executive Officer & DirectorLance K. ParkerPresident & Chief Operating OfficerClayton K. Y. ChunChief Financial Officer, Treasurer & Executive VPJerrod SchreckExecutive Vice PresidentScott MoritaVice President & Corporate CounselKey CompetitorsElme CommunitiesNYSE:ELMEEasterly Government PropertiesNYSE:DEALTC PropertiesNYSE:LTCService Properties TrustNASDAQ:SVCInvenTrust PropertiesNYSE:IVTView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCBought 36,029 shares on 6/1/2023Ownership: 0.143%Macquarie Group Ltd.Sold 3,525 shares on 6/1/2023Ownership: 0.022%ProShare Advisors LLCSold 932 shares on 5/26/2023Ownership: 0.014%Ameriprise Financial Inc.Sold 11,680 shares on 5/22/2023Ownership: 0.383%Putnam Investments LLCSold 8,337 shares on 5/22/2023Ownership: 0.066%View All Institutional Transactions ALEX Stock - Frequently Asked Questions Should I buy or sell Alexander & Baldwin stock right now? 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. What is Alexander & Baldwin's stock price forecast for 2023? 1 equities research analysts have issued 1 year price objectives for Alexander & Baldwin's shares. Their ALEX share price forecasts range from $20.00 to $20.00. On average, they predict the company's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 5.2% 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 increased by 1.5% and is now trading at $19.01. View the best growth stocks for 2023 here. Are investors shorting Alexander & Baldwin? Alexander & Baldwin saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 905,400 shares, a decrease of 10.4% from the April 30th total of 1,010,000 shares. Based on an average daily trading volume, of 239,000 shares, the days-to-cover ratio is currently 3.8 days. Approximately 1.3% of the company's stock are short sold. 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, July 27th 2023. View our ALEX earnings forecast. How were Alexander & Baldwin's earnings last quarter? Alexander & Baldwin, Inc. (NYSE:ALEX) issued its earnings results on Thursday, July, 28th. The financial services provider reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.86) by $0.66. Alexander & Baldwin had a positive trailing twelve-month return on equity of 3.36% and a negative net margin of 18.24%. During the same quarter in the previous year, the firm posted $0.25 earnings per share. How often does Alexander & Baldwin pay dividends? What is the dividend yield for Alexander & Baldwin? Alexander & Baldwin announced a quarterly dividend on Tuesday, April 25th. Stockholders of record on Friday, June 16th will be paid a dividend of $0.22 per share on Wednesday, July 5th. This represents a $0.88 annualized dividend and a dividend yield of 4.63%. The ex-dividend date is Thursday, June 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), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Financials ETF (PSCF), ETFB Green SRI REITs ETF (RITA), iShares S&P Small-Cap 600 Value ETF (IJS), SPDR S&P 600 Small CapValue ETF (SLYV), Vanguard S&P Small-Cap 600 Value ETF (VIOV) and U.S. Diversified Real Estate ETF (PPTY). 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 4.63%. 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 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (18.88%), State Street Corp (5.75%), Franklin Resources Inc. (4.59%), Reinhart Partners Inc. (3.01%), Wellington Management Group LLP (2.26%) and Geode Capital Management LLC (2.14%). 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 $19.01. How much money does Alexander & Baldwin make? Alexander & Baldwin (NYSE:ALEX) has a market capitalization of $1.38 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 ($0.78) on an earnings per share basis. How many employees does Alexander & Baldwin have? The company employs 611 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 6/4/2023 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.