Alexander & Baldwin (NYSE:ALEX) Releases FY 2025 Earnings Guidance

Alexander & Baldwin (NYSE:ALEX) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.130-1.200 for the period, compared to the consensus EPS estimate of 1.130. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of research firms have weighed in on ALEX. StockNews.com raised shares of Alexander & Baldwin from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. JMP Securities reiterated a “market perform” rating on shares of Alexander & Baldwin in a research report on Monday, January 6th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $22.50.

Alexander & Baldwin Trading Down 0.6 %

NYSE ALEX traded down $0.11 during mid-day trading on Thursday, hitting $17.99. The company’s stock had a trading volume of 346,054 shares, compared to its average volume of 281,967. Alexander & Baldwin has a 52-week low of $15.53 and a 52-week high of $20.30. The stock’s fifty day simple moving average is $17.67 and its two-hundred day simple moving average is $18.65. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.35 and a quick ratio of 0.35. The firm has a market capitalization of $1.31 billion, a P/E ratio of 29.01 and a beta of 1.29.

Alexander & Baldwin (NYSE:ALEX) last issued its quarterly earnings results on Thursday, February 27th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.15. Alexander & Baldwin had a net margin of 19.64% and a return on equity of 5.93%. Research analysts expect that Alexander & Baldwin will post 1.35 EPS for the current year.

Alexander & Baldwin Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 7th. Investors of record on Friday, March 14th will be issued a $0.225 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.90 annualized dividend and a yield of 5.00%. This is an increase from Alexander & Baldwin’s previous quarterly dividend of $0.22. Alexander & Baldwin’s dividend payout ratio is presently 145.16%.

Alexander & Baldwin Company Profile

Alexander & Baldwin, Inc engages in the real estate business. It operates through the Commercial Real Estate and Land Operations segments. The Commercial Real Estate segment includes investments and acquisitions, construction and development, and in-house leasing and property management. The Land Operations segment consists of legacy landholdings, assets, and liabilities subject to the company’s simplification and monetization effort.