NYSE:ALEXAlexander & Baldwin Stock Price, Forecast & News

Alexander & Baldwin's stock was trading at $14.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ALEX stock has decreased by 22.8% and is now trading at $11.53. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alexander & Baldwin in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Alexander & Baldwin.

Alexander & Baldwin is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Alexander & Baldwin.

Alexander & Baldwin Inc (NYSE:ALEX) released its quarterly earnings data on Thursday, April, 30th. The financial services provider reported $0.09 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.07 by $0.02. The financial services provider earned $80.80 million during the quarter. Alexander & Baldwin had a negative net margin of 10.14% and a positive return on equity of 1.00%. View Alexander & Baldwin's earnings history.

Alexander & Baldwin declared a quarterly dividend on Tuesday, February 25th. Stockholders of record on Monday, March 9th will be given a dividend of $0.19 per share on Tuesday, March 24th. This represents a $0.76 annualized dividend and a yield of 6.59%. The ex-dividend date is Friday, March 6th. View Alexander & Baldwin's dividend history.

1 Wall Street analysts have issued 1-year price objectives for Alexander & Baldwin's shares. Their forecasts range from $22.00 to $22.00. On average, they anticipate Alexander & Baldwin's share price to reach $22.00 in the next year. This suggests a possible upside of 90.8% from the stock's current price. View analysts' price targets for Alexander & Baldwin.

News headlines about ALEX stock have been trending very positive recently, InfoTrie reports. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alexander & Baldwin earned a coverage optimism score of 3.5 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutAlexander & Baldwin.

Alexander & Baldwin saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 1,120,000 shares, a drop of 25.3% from the April 15th total of 1,500,000 shares. Based on an average daily volume of 810,000 shares, the short-interest ratio is presently 1.4 days. Currently, 1.7% of the shares of the company are sold short. View Alexander & Baldwin's Current Options Chain.

Some companies that are related to Alexander & Baldwin include Brixmor Property Group (BRX), SL Green Realty (SLG), Blackstone Mortgage Trust (BXMT), Rayonier (RYN), New Residential Investment (NRZ), Corporate Office Properties Trust (OFC), Howard Hughes (HHC), Sabra Health Care REIT (SBRA), Taubman Centers (TCO), Lexington Realty Trust (LXP), National Health Investors (NHI), EPR Properties (EPR), Weingarten Realty Investors (WRI), Apple Hospitality REIT (APLE) and Potlatchdeltic (PCH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alexander & Baldwin investors own include Alibaba Group (BABA), B&G Foods (BGS), Matson (MATX), Broadcom (AVGO), KeyCorp (KEY), Micron Technology (MU), Newell Brands (NWL), Primo Water (PRMW), Apache (APA) and Arconic (ARNC).

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

Alexander & Baldwin's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.46%), Wellington Management Group LLP (5.86%), State Street Corp (3.16%), Victory Capital Management Inc. (1.79%), Victory Capital Management Inc. (1.79%) and Fuller & Thaler Asset Management Inc. (1.73%). Company insiders that own Alexander & Baldwin stock include Brett A Brown, Christopher J Benjamin, Eric K Yeaman, Robert S Harrison, Stanley M Kuriyama and W Allen Doane Jr. View institutional ownership trends for Alexander & Baldwin.

ALEX stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Balyasny Asset Management LLC, Ceredex Value Advisors LLC, American International Group Inc., Schneider Capital Management Corp, UBS Group AG, Morgan Stanley, and Invesco Ltd.. Company insiders that have sold Alexander & Baldwin company stock in the last year include Christopher J Benjamin, Stanley M Kuriyama, and W Allen Doane Jr. View insider buying and selling activity for Alexander & Baldwin.

ALEX stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Reinhart Partners Inc., Mesirow Financial Investment Management Equity Management, Aew Capital Management L P, Matarin Capital Management LLC, Principal Financial Group Inc., Colony Capital Inc., and Victory Capital Management Inc.. Company insiders that have bought Alexander & Baldwin stock in the last two years include Brett A Brown, Christopher J Benjamin, and Robert S Harrison. View insider buying and selling activity for Alexander & Baldwin.

Shares of ALEX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ALEX stock can currently be purchased for approximately $11.53.

Alexander & Baldwin has a market capitalization of $833.70 million and generates $435.20 million in revenue each year. Alexander & Baldwin employs 875 workers across the globe.

The official website for Alexander & Baldwin is www.alexanderbaldwin.com.

Alexander & Baldwin's mailing address is 822 BISHOP STREET P.O. BOX 3440, HONOLULU HI, 96801. The financial services provider can be reached via phone at 808-525-6611 or via email at [email protected]