NYSE:ALEXAlexander & Baldwin Stock Price, Forecast & News

Alexander & Baldwin's stock was trading at $14.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ALEX stock has decreased by 16.8% and is now trading at $12.42. 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) announced its earnings results on Thursday, April, 30th. The financial services provider reported $0.09 earnings per share for the quarter, beating 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 announced a quarterly dividend on Tuesday, February 25th. Shareholders 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 6.12%. The ex-dividend date of this dividend is Friday, March 6th. View Alexander & Baldwin's dividend history.

1 equities research 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 stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 77.1% from the stock's current price. View analysts' price targets for Alexander & Baldwin.

Press coverage about ALEX stock has trended very negative on Sunday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alexander & Baldwin earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave media 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 about Alexander & Baldwin.

Alexander & Baldwin saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 658,200 shares, a decrease of 24.4% from the June 15th total of 870,300 shares. Based on an average trading volume of 481,300 shares, the short-interest ratio is presently 1.4 days. Approximately 1.0% of the company's shares are short sold. View Alexander & Baldwin's Current Options Chain.

Some companies that are related to Alexander & Baldwin include Brixmor Property Group (BRX), MGM Growth Properties (MGP), Agree Realty (ADC), Physicians Realty Trust (DOC), Rayonier (RYN), Blackstone Mortgage Trust (BXMT), Sabra Health Care REIT (SBRA), New Residential Investment (NRZ), Corporate Office Properties Trust (OFC), Howard Hughes (HHC), Keppel REIT (KREVF), Lexington Realty Trust (LXP), Potlatchdeltic (PCH), Great Portland Estates (GPEAF) and National Health Investors (NHI). 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 retail and institutional investors. Top institutional shareholders include Reinhart Partners Inc. (2.11%), Envestnet Asset Management Inc. (0.09%), Diversified Trust Co (0.02%) and Whittier Trust Co. (0.01%). 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 Envestnet Asset Management Inc.. Company insiders that have sold Alexander & Baldwin company stock in the last year include Stanley M Kuriyama, and W Allen Doane Jr. View insider buying and selling activity for Alexander & Baldwin.

ALEX stock was acquired by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Diversified Trust Co, and Whittier Trust Co.. 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 $12.42.

Alexander & Baldwin has a market capitalization of $898.09 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]