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 twelve months. 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 Wall Street research analysts have issued 12 month price targets 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 12.9% 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 start of the year. Since then, ALEX shares have decreased by 5.4% and is now trading at $17.71.
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Alexander & Baldwin saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 919,500 shares, an increase of 5.4% from the February 13th total of 872,200 shares. Based on an average daily volume of 209,300 shares, the short-interest ratio is currently 4.4 days. Currently, 1.3% of the shares of the company are short sold.
View Alexander & Baldwin's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our ALEX earnings forecast.

Alexander & Baldwin, Inc. (NYSE:ALEX) posted its quarterly earnings data on Thursday, July, 28th. The financial services provider reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.86) by $0.66. Alexander & Baldwin had a negative net margin of 14.31% and a positive trailing twelve-month return on equity of 3.41%. During the same period last year, the business posted $0.25 earnings per share.

Alexander & Baldwin announced a quarterly dividend on Tuesday, February 28th. Stockholders of record on Friday, March 17th will be paid a dividend of $0.22 per share on Tuesday, April 4th. This represents a $0.88 annualized dividend and a dividend yield of 4.97%. The ex-dividend date is Thursday, March 16th.
Read our dividend analysis for ALEX.

ETFs with the largest weight of Alexander & Baldwin (NYSE:ALEX) stock in their portfolio include Cambria Global Real Estate ETF (BLDG), 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), SPDR S&P 600 Small CapValue ETF (SLYV), iShares S&P Small-Cap 600 Value ETF (IJS) and Vanguard S&P Small-Cap 600 Value ETF (VIOV).

Alexander & Baldwin (NYSE:ALEX) pays an annual dividend of $0.88 per share and currently has a dividend yield of 5.04%. 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 Tuesday, February, 28th. The company provided EPS guidance of $1.08-$1.13 for the period, compared to the consensus earnings per share estimate of $0.99. 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 Franklin Resources Inc. (4.35%), Reinhart Partners Inc. (3.04%), Geode Capital Management LLC (2.05%), Charles Schwab Investment Management Inc. (1.82%), Fuller & Thaler Asset Management Inc. (1.80%) and Victory Capital Management Inc. (1.09%).
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 $17.71.

Alexander & Baldwin (NYSE:ALEX) has a market capitalization of $1.29 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 ($0.71) 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.