Alexander & Baldwin, Inc. (ALEX)

NYSE: ALEX · Real-Time Price · USD
16.62
+0.01 (0.06%)
At close: Apr 15, 2025, 4:00 PM
16.82
+0.20 (1.21%)
After-hours: Apr 15, 2025, 6:56 PM EDT
0.06%
Market Cap 1.21B
Revenue (ttm) 241.20M
Net Income (ttm) 60.51M
Shares Out 72.71M
EPS (ttm) 0.83
PE Ratio 19.97
Forward PE 25.77
Dividend $0.90 (5.42%)
Ex-Dividend Date Mar 14, 2025
Volume 294,295
Open 16.49
Previous Close 16.61
Day's Range 16.56 - 16.68
52-Week Range 15.53 - 20.30
Beta 1.05
Analysts Buy
Price Target 23.00 (+38.39%)
Earnings Date Apr 24, 2025

About ALEX

Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai’i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately four million square feet of commercial space in Hawai’i, including 21 retail centers, 14 industrial assets and four office properties, as well as 142.0 acres of ground lease assets. Over its 154-year history, A&B has evolved with the state's economy and played a ... [Read more]

Industry REIT - Retail
Sector Real Estate
Founded 1870
Employees 99
Stock Exchange NYSE
Ticker Symbol ALEX
Full Company Profile

Financial Performance

In 2024, Alexander & Baldwin's revenue was $241.20 million, an increase of 14.47% compared to the previous year's $210.72 million. Earnings were $60.51 million, an increase of 103.71%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for ALEX stock is "Buy." The 12-month stock price forecast is $23.0, which is an increase of 38.39% from the latest price.

Price Target
$23.0
(38.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Top REITs To Take On Trump Tariffs: Average Yield Over 5.5%

Equities rallied on Wednesday after Donald Trump announced a 90-day pause on retaliatory tariffs, excluding China. 10-year Treasury yields have increased high amid fears of sticky inflation. The Feder...

5 days ago - Seeking Alpha

Alexander & Baldwin Announces First Quarter 2025 Earnings Release and Conference Call Date

HONOLULU , April 3, 2025 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate in Hawai'i, ...

12 days ago - PRNewsWire

Cash COWs: 11 High-Yield REITs

Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-...

12 days ago - Seeking Alpha

Alexander & Baldwin: High Quality Hawaiian REIT At A Decent Price

Alexander & Baldwin offers a unique investment in Hawaiian commercial real estate, with strong financial performance and a 5% dividend yield. ALEX's strategy includes monetizing non-core landholdings ...

5 weeks ago - Seeking Alpha

Alexander & Baldwin, Inc. (ALEX) Q4 2024 Earnings Call Transcript

Alexander & Baldwin, Inc. (NYSE:ALEX) Q4 2024 Results Conference Call February 27, 2025 5:00 PM ET Company Participants Michael Imanaka - Senior Manager Lance Parker - CEO Clayton Chun - CFO Kit Mill...

6 weeks ago - Seeking Alpha

Alexander & Baldwin, Inc. Reports Fourth Quarter and Full-Year 2024 Results

HONOLULU , Feb. 27, 2025 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator and developer of high-quality commercial real estate in Hawai'i, t...

6 weeks ago - PRNewsWire

Alexander & Baldwin Announces First Quarter 2025 Dividend

HONOLULU , Feb. 26, 2025 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced that its Board of Directors approved a first quarter 2025 dividend of $0.225 (twent...

6 weeks ago - PRNewsWire

Alexander & Baldwin Announces Reporting Information for 2024 Dividend Distributions

HONOLULU , Jan. 27, 2025 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based company focused on owning, operating, and developing high-quality commercial real ...

2 months ago - PRNewsWire

Alexander & Baldwin Announces Fourth Quarter and Full-Year 2024 Earnings Release and Conference Call Date

HONOLULU , Jan. 23, 2025 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate in Hawai'i, ...

2 months ago - PRNewsWire

Alexander & Baldwin Announces Fourth Quarter 2024 Dividend

HONOLULU , Dec. 5, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced that its Board of Directors approved an increased fourth quarter 2024 dividend of $0...

4 months ago - PRNewsWire

12 REITs Poised For Potential Outperformance

As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpa...

Other symbols: AMHEGPEQIXFRIIPRIRTMAA
4 months ago - Seeking Alpha

Alexander & Baldwin: This Rock Solid Hawaiian REIT Is Built To Last

Alexander & Baldwin offers exposure to Hawaii with a strong dividend yield and one of the best REIT balance sheets, making it a conservative investment. The company has refocused on Hawaiian real esta...

4 months ago - Seeking Alpha

Alexander & Baldwin, Inc (ALEX) Q3 2024 Earnings Call Transcript

Alexander & Baldwin, Inc. (NYSE:ALEX) Q3 2024 Earnings Conference Call October 24, 2024 5:00 PM ET Company Participants Aja Shimamura - Leasing Manager Lance Parker - CEO Clayton Chun - CFO Kit Milla...

6 months ago - Seeking Alpha

Alexander & Baldwin, Inc. Reports Third Quarter 2024 Results

HONOLULU , Oct. 24, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator and developer of high-quality commercial real estate in Hawai'i, t...

6 months ago - PRNewsWire

Alexander & Baldwin Extends Its Revolving Credit Facility

HONOLULU , Oct. 21, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate in Hawai'i, announced today that ...

6 months ago - PRNewsWire

Alexander & Baldwin Announces Third Quarter 2024 Earnings Release and Conference Call Date

HONOLULU , Oct. 7, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate in Hawai'i, w...

6 months ago - PRNewsWire

Alexander & Baldwin Acquires Industrial Property in Pearl City

Expands Industrial Footprint in Central Oahu HONOLULU , Sept. 23, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or the "Company"), a Hawai'i-based owner, operator, and developer o...

7 months ago - PRNewsWire

Shopping Center REITs Are Hot: Pick A Winner

The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior gro...

Other symbols: AKRBFSBRXCTOFRTIVTKIM
7 months ago - Seeking Alpha

Alexander & Baldwin: Low Gearing Will Hurt Returns As Fed Set To Cut Rates (Rating Downgrade)

Alexander & Baldwin is a diversified REIT operating exclusively in Hawaii, with the majority of net operating income coming from retail and industrial properties, as well as ground leases. The company...

8 months ago - Seeking Alpha

Top 3 Dividend Stocks Primed For A Fed Rate Cut

In recent weeks, investors have grappled with mixed economic signals and uncertainty around potential rate cuts that have impacted markets. A cycle of monetary easing could benefit dividend-paying sto...

Other symbols: INGRSYF
8 months ago - Seeking Alpha

Alexander & Baldwin, Inc. (ALEX) Q2 2024 Earnings Call Transcript

Alexander & Baldwin, Inc. (NYSE:ALEX) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Brandon Myers - Investment Manager Lance Parker - CEO Clayton Chun - CFO Conferenc...

9 months ago - Seeking Alpha

Alexander & Baldwin, Inc. Reports Second Quarter 2024 Results

HONOLULU , July 25, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator and developer of high-quality commercial real estate in Hawai'i, t...

9 months ago - PRNewsWire

Alexander & Baldwin Third Quarter 2024 Dividend Authorized

HONOLULU , July 24, 2024 /PRNewswire/ --  The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator and developer of high-quality commercia...

9 months ago - PRNewsWire

Alexander & Baldwin Announces Second Quarter 2024 Earnings Release and Conference Call Date

HONOLULU , July 9, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator and developer of high-quality commercial real estate in Hawai'i, wi...

10 months ago - PRNewsWire

Alexander & Baldwin: An Attractive Valuation If You Don't Mind The Low Leverage

Alexander & Baldwin is a diversified REIT with heavy retail exposure, exclusively concentrated in Hawaii. An opportunistic land sale boosted Q1 2024 AFFO. Net operating income likewise increased 4.1% ...

10 months ago - Seeking Alpha