Alexander & Baldwin - ALEX Stock Forecast, Price & News

1 Wall Street equities 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 equities 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 analysts have issued 12-month 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 twelve months. This suggests a possible upside of 11.4% 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 on January 1st, 2023. Since then, ALEX stock has decreased by 4.2% and is now trading at $17.95.
View the best growth stocks for 2023 here.

Alexander & Baldwin saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 1,140,000 shares, an increase of 24.0% from the February 28th total of 919,500 shares. Based on an average daily volume of 235,300 shares, the short-interest ratio is currently 4.8 days. Currently, 1.6% of the shares of the stock are sold short.
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) announced its quarterly earnings data on Thursday, July, 28th. The financial services provider reported ($0.20) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.86) by $0.66. Alexander & Baldwin had a positive trailing twelve-month return on equity of 3.41% and a negative net margin of 14.31%. During the same period in the prior year, the firm posted $0.25 earnings per share.

Alexander & Baldwin declared a quarterly dividend on Tuesday, February 28th. Shareholders of record on Friday, March 17th will be given a dividend of $0.22 per share on Tuesday, April 4th. This represents a $0.88 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date of this dividend 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 4.97%. 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 updated its FY 2023 earnings guidance on Tuesday, February, 28th. The company provided earnings per share (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 $17.95.

Alexander & Baldwin (NYSE:ALEX) has a market capitalization of $1.30 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.