Alexander & Baldwin, Inc. (ALEX)
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]
Financial Performance
Financial StatementsAnalyst 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.
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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% ...
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...
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...
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...
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 ...
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, ...
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...
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...
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...
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 ...
Alexander & Baldwin, Inc. (ALEX) Q4 2023 Earnings Call Transcript
Alexander & Baldwin, Inc. (ALEX) Q4 2023 Earnings Call Transcript
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 ...