Alexander & Baldwin, Inc. (ALEX)

NYSE: ALEX · Real-Time Price · USD
19.49
+0.02 (0.10%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.10%
Market Cap 1.42B
Revenue (ttm) 230.95M
Net Income (ttm) 44.54M
Shares Out 72.63M
EPS (ttm) 0.61
PE Ratio 23.77
Forward PE 31.95
Dividend $0.89 (4.58%)
Ex-Dividend Date Sep 20, 2024
Volume 235,953
Open 19.40
Previous Close 19.47
Day's Range 19.19 - 19.49
52-Week Range 15.53 - 20.30
Beta 1.28
Analysts Strong Buy
Price Target 21.67 (+11.19%)
Earnings Date Oct 24, 2024

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 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 13 industrial assets and four office properties, as well as 142.0 acres of ground lease assets. A&B is expanding and strengthening its CRE portfolio and achieving its strategic f... [Read more]

Industry REIT - Retail
Sector Real Estate
Founded 1870
Employees 104
Stock Exchange NYSE
Ticker Symbol ALEX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ALEX stock is "Strong Buy." The 12-month stock price forecast is $21.67, which is an increase of 11.19% from the latest price.

Price Target
$21.67
(11.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

27 days 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...

27 days 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 ...

4 weeks 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 weeks 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...

2 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
2 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...

2 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
3 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...

4 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...

4 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...

4 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...

4 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% ...

5 months ago - Seeking Alpha

Alexander & Baldwin to Participate in Nareit's REITweek: 2024 Investor Conference

HONOLULU , May 28, 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, to...

6 months ago - PRNewsWire

The State Of REITs: May 2024 Edition

With a -4.27% average total return in April, REITs have now seen declines in 3 of the first 4 months of 2024. Micro caps (-2.71%) and small caps (-2.87%) averaged low single digit declines in April, w...

6 months ago - Seeking Alpha

May's 5 Dividend Growth Stocks With 5.49%+ Yields

Dividend growth stocks can provide reliable cash flows and help to build long-term wealth for income investors. Every month we look at screening dividend stocks based on safety, growth, and consistenc...

Other symbols: BMYENBOMFVICI
6 months ago - Seeking Alpha

Stagflation Is Back

U.S. equity markets rebounded from their worst weekly decline in a year despite a continued uplift in benchmark interest rates, as a solid start to earnings season counteracted disappointing economic ...

7 months ago - Seeking Alpha

Alexander & Baldwin, Inc. (ALEX) Q1 2024 Earnings Call Transcript

Alexander & Baldwin, Inc. (NYSE:ALEX) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Jessica Welch - Senior Manager of Financial Reporting Lance Parker - CEO Clayton ...

7 months ago - Seeking Alpha

Alexander & Baldwin, Inc. Reports First Quarter 2024 Results

HONOLULU , April 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, ...

7 months ago - PRNewsWire

Alexander & Baldwin Second Quarter 2024 Dividend Authorized

HONOLULU , April 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...

7 months ago - PRNewsWire

Alexander & Baldwin Announces $60 Million, 6.09% Fixed Rate Financing Maturing in 2032

HONOLULU , April 16, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B"), a Hawai'i-based company focused on owning, operating, and developing high-quality commercial real estate in Ha...

7 months ago - PRNewsWire

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

HONOLULU, April 8, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) will report results for the first quarter 2024, after the market closes, on Thursday, April 25, 2024. In connection...

8 months ago - PRNewsWire

Alexander & Baldwin to Participate in the Citi 2024 Global Property CEO Conference

HONOLULU , Feb. 29, 2024 /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 ...

9 months ago - PRNewsWire

Alexander & Baldwin, Inc. (ALEX) Q4 2023 Earnings Call Transcript

Alexander & Baldwin, Inc. (ALEX) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Alexander & Baldwin, Inc. Reports Fourth Quarter and Full-Year 2023 Results

HONOLULU , Feb. 28, 2024 /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 ...

9 months ago - PRNewsWire