Alexander & Baldwin, Inc. (ALEX)
NYSE: ALEX · IEX Real-Time Price · USD
16.90
+0.07 (0.42%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Alexander & Baldwin Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Alexander & Baldwin stock have an average target of 18.5, with a low estimate of 17 and a high estimate of 20. The average target predicts an increase of 9.47% from the current stock price of 16.90.
Analyst Consensus: Buy
* Price targets were last updated on Mar 14, 2024.
Analyst Ratings
The average analyst rating for ALEX stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $19 → $17 | Hold | Maintains | $19 → $17 | +0.59% | Mar 14, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +18.34% | Dec 12, 2023 |
| JMP Securities | JMP Securities | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Nov 29, 2023 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $20 | Buy → Hold | Downgrades | $20 | +18.34% | Nov 14, 2022 |
| Piper Sandler | Piper Sandler | Buy Maintains $22 → $20 | Buy | Maintains | $22 → $20 | +18.34% | Oct 7, 2022 |
Financial Forecast
Revenue This Year
203.29M
from 208.90M
Decreased by -2.69%
Revenue Next Year
205.50M
from 203.29M
Increased by 1.09%
EPS This Year
0.71
from 0.41
Increased by 74.15%
EPS Next Year
0.77
from 0.71
Increased by 7.14%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 225.9M | 224.0M |
| Avg | 203.3M | 205.5M |
| Low | 182.8M | 188.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.1% | 10.2% |
| Avg | -2.7% | 1.1% |
| Low | -12.5% | -7.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.74 | 0.79 |
| Avg | 0.71 | 0.77 |
| Low | 0.69 | 0.74 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 79.3% | 10.3% |
| Avg | 74.1% | 7.1% |
| Low | 67.3% | 2.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.