Alexander & Baldwin, Inc. (ALEX)

NYSE: ALEX · IEX Real-Time Price · USD
16.58
+0.09 (0.55%)
Sep 30, 2022 4:00 PM EDT - Market closed
0.55%
Market Cap 1.21B
Revenue (ttm) 395.30M
Net Income (ttm) 26.90M
Shares Out 72.72M
EPS (ttm) 0.38
PE Ratio 43.63
Forward PE n/a
Dividend $0.79 (4.76%)
Ex-Dividend Date Sep 16, 2022
Volume 542,555
Open 16.53
Previous Close 16.49
Day's Range 16.49 - 16.94
52-Week Range 15.80 - 26.57
Beta 1.28
Analysts Buy
Price Target 23.80 (+43.5%)
Earnings Date Nov 2, 2022

About ALEX

Alexander & Baldwin, Inc. (A&B) is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, approximately 27,000 acres of... [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
Employees 611
Stock Exchange NYSE
Ticker Symbol ALEX
Full Company Profile

Financial Performance

In 2021, ALEX's revenue was $379.30 million, an increase of 24.24% compared to the previous year's $305.30 million. Earnings were $35.40 million, an increase of 532.14%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ALEX stock is "Buy." The 12-month stock price forecast is 23.8, which is an increase of 43.55% from the latest price.

Price Target
$23.8
(43.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Alexander & Baldwin to Participate in Sidoti Small-Cap Virtual Conference

HONOLULU , Sept. 21, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) announced today that its management team will participate in the Sidoti Small-Cap Conference, which will take place...

1 week ago - PRNewsWire

Alexander & Baldwin to Participate in Bank of America Securities 2022 Global Real Estate Conference

HONOLULU , Sept. 13, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that its management team will participate in Bank of America Securities 2022 Global Real Estate Conf...

2 weeks ago - PRNewsWire

7 Dividend Stocks Under $25 to Buy for September

I'm always on the lookout for the best dividend stocks to buy and dividend stocks under $25 are all the more tempting. The best dividend stocks are doing well in the stock market.

Other symbols: BCBPNGVCNLSAMGSJTTRIN
3 weeks ago - InvestorPlace

Alexander & Baldwin Announces Appointment Of Clayton K.Y. Chun As Chief Financial Officer

HONOLULU , Aug. 23, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced the appointment of Clayton K.Y. Chun to executive vice president and chief financial ...

1 month ago - PRNewsWire

Alexander & Baldwin Holdings, Inc. (ALEX) Q2 FFO Surpass Estimates

Alexander & Baldwin Holdings, Inc. (ALEX) delivered FFO and revenue surprises of 132.56% and 2.76%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the st...

2 months ago - Zacks Investment Research

Alexander & Baldwin, Inc. Reports Second Quarter 2022 Results

Achieves 4.4% increase in Same-Store NOI and 12.0% increase in Core FFO per diluted share over the prior year quarter HONOLULU , July 28, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&...

2 months ago - PRNewsWire

Alexander & Baldwin Announces 10% Increase in Common Stock Dividend

HONOLULU , July 26, 2022 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a third quarter 2022 dividend of $0.22 (twenty-two cents) per share, an increase of two ...

2 months ago - PRNewsWire

The 7 Best Dividend Stocks Under $25 for July

Investors searching for the next great investment idea generally want to spread a wide net. If they're interested in dividend stocks, the price might not be as important as the payment's yield or growth.

Other symbols: ARLPJWNOWLPAXPTVESCS
2 months ago - InvestorPlace

Alexander & Baldwin Announces Second Quarter 2022 Earnings Release and Conference Call Date

HONOLULU , July 12, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the second quarter 2022, after the market closes, on Thursday, July 28, 2022. In connection w...

2 months ago - PRNewsWire

Alexander & Baldwin to Participate in Nareit's REITweek: 2022 Investor Conference

HONOLULU , June 7, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that its management team will participate in Nareit's REITweek: 2022 Investor Conference in New York. ...

3 months ago - PRNewsWire

Alexander & Baldwin Holdings, Inc. (ALEX) Q1 FFO and Revenues Beat Estimates

Alexander & Baldwin Holdings, Inc. (ALEX) delivered FFO and revenue surprises of 31.82% and 16.08%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the s...

4 months ago - Zacks Investment Research

Alexander & Baldwin, Inc. Reports First Quarter 2022 Results

Achieves 17% increase in Same-Store NOI and 38% increase in Core FFO per share over the prior year quarter HONOLULU , May 5, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Compan...

4 months ago - PRNewsWire

Alexander & Baldwin Announces 5.3% Increase in Common Stock Dividend

HONOLULU , April 26, 2022 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) approved a second quarter 2022 dividend of $0.20 (twenty cents) per share, an increase of 1-cen...

5 months ago - PRNewsWire

Alexander & Baldwin Announces First Quarter 2022 Earnings Release and Conference Call Date

HONOLULU , April 14, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the first quarter 2022, after the market closes, on Thursday, May 5, 2022. In connection wit...

5 months ago - PRNewsWire

Alexander & Baldwin to Participate in Citi 2022 Global Property CEO Conference

HONOLULU, March 7, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Lance Parker, executive vice president and...

6 months ago - PRNewsWire

Alexander & Baldwin Holdings, Inc. (ALEX) Tops Q4 FFO and Revenue Estimates

Alexander & Baldwin Holdings, Inc. (ALEX) delivered FFO and revenue surprises of 14.29% and 46.02%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for th...

7 months ago - Zacks Investment Research

Alexander & Baldwin, Inc. Reports Fourth Quarter and Full-Year 2021 Results

HONOLULU, Feb. 24, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based company focused on owning and operating high-quality commercial real estate in Hawai'...

7 months ago - PRNewsWire

Alexander & Baldwin Announces 5.6% Increase in Common Stock Dividend

HONOLULU, Feb. 22, 2022 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a first quarter 2022 dividend of $0.19 (nineteen cents) per share, an increase of 1-cent ...

7 months ago - PRNewsWire

Alexander & Baldwin Announces Reporting Information for 2021 Dividend Distributions

HONOLULU, Jan. 18, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) today announced the allocations of the Company's 2021 dividend distributions on its common shares. The table below, pr...

8 months ago - PRNewsWire

Alexander & Baldwin to Participate in Capital One Securities 2022 REIT Conference

HONOLULU, Jan. 10, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Lance Parker, executive vice president and...

8 months ago - PRNewsWire

Alexander & Baldwin to Participate in Jefferies Real Estate Conference

HONOLULU, Dec. 15, 2021 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Lance Parker, executive vice president and...

9 months ago - PRNewsWire

Alexander & Baldwin Fourth Quarter 2021 Dividend Authorized

HONOLULU, Dec. 13, 2021 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a fourth quarter 2021 dividend of $0.18 (eighteen cents) per share. The dividend is payab...

9 months ago - PRNewsWire

A&B And DMB Sell Kukui`ula Residential Project On Kaua`i

HONOLULU, Nov. 12, 2021 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced it has sold its Kukui`ula residential development on the island of Kaua`i (the "Project...

10 months ago - PRNewsWire

Alexander & Baldwin to Participate in Nareit's REITworld: 2021 Annual Conference

HONOLULU, Nov. 9, 2021 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Lance Parker, executive vice president and ...

10 months ago - PRNewsWire

Alexander & Baldwin Holdings, Inc. (ALEX) Surpasses Q3 FFO Estimates

Alexander & Baldwin Holdings, Inc. (ALEX) delivered FFO and revenue surprises of 25.00% and -5.81%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for t...

10 months ago - Zacks Investment Research