Alexander & Baldwin, Inc. (ALEX)
NYSE: ALEX · Real-Time Price · USD
19.60
+0.11 (0.56%)
Nov 21, 2024, 10:42 AM EST - Market open
Alexander & Baldwin Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Alexander & Baldwin stock have an average target of 21.67, with a low estimate of 20 and a high estimate of 23. The average target predicts an increase of 10.56% from the current stock price of 19.60.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ALEX stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Reiterates $22 → $23 | Buy | Reiterates | $22 → $23 | +17.35% | Oct 25, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $22 | Strong Buy | Initiates | $22 | +12.24% | Aug 8, 2024 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $17 → $22 | Hold → Buy | Upgrades | $17 → $22 | +12.24% | Jul 26, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $19 → $17 | Hold | Maintains | $19 → $17 | -13.27% | Mar 14, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +2.04% | Dec 12, 2023 |
Financial Forecast
Revenue This Year
198.69M
Revenue Next Year
202.82M
from 198.69M
Increased by 2.08%
EPS This Year
0.83
from 0.41
Increased by 102.05%
EPS Next Year
0.62
from 0.83
Decreased by -24.69%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 207.7M | 214.5M |
| Avg | 198.7M | 202.8M |
| Low | 184.8M | 189.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | - | 8.0% |
| Avg | - | 2.1% |
| Low | - | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.85 | 0.64 |
| Avg | 0.83 | 0.62 |
| Low | 0.79 | 0.60 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 108.0% | -22.5% |
| Avg | 102.1% | -24.7% |
| Low | 94.1% | -27.6% |
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.