• Overview
  Quotes Prices Key Stats News Press Releases Sentiment
• Charts
  Chart Technicals
• Company
  Splits Dividends Recommendations Price Target Insider Trades Holders Peers Filings Notes due Fail to deliver ESG Score Executive Compensation Profile
• Earnings
  Price Reaction Earnings Estimates Trends Call Transcripts
• Financials
  Fundamentals DCF Beta
• Analysis
  Up/Down Intra-day Events Performance Recovery Returns Price Distribution Unusual Volume Best Days Data Correlations Seasonality Volatility Trader Stats

Summary

News

08/29 11:42 EST - seekingalpha.com
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 also has a legacy Land Operations segment, with a land sale in Q3 2024 contributing to the REIT's 2024 guidance increase. Net debt accounts for just 24% of enterprise value, which coupled with no floating rate debt points to limited benefits from Fed rate cuts.

08/26 08:00 EST - seekingalpha.com
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 stocks, as investors seek yield in a lower-rate environment. SA Quant identified three dividend stocks with solid financials and strong dividend profiles, alongside other favorable factor grades that make them well positioned for a shift in the monetary regime.

08/14 14:57 EST - globenewswire.com
FLINT COOPER ATTORNEY ALEX PARKER APPOINTED TO LEADERSHIP DEVELOPMENT COMMITTEE IN SUBOXONE MULTIDISTRICT LITIGATION
Flint Cooper is proud to announce that Alex Parker has been appointed to the Leadership Development Committee (LDC) for the Suboxone (Buprenorphine/Naloxone) Film Products Liability Litigation, MDL No. 3092. This appointment by the United States District Court for the Northern District of Ohio, Eastern Division, underscores Parker's commitment to mass tort litigation and his potential as a future leader in this field. Flint Cooper is proud to announce that Alex Parker has been appointed to the Leadership Development Committee (LDC) for the Suboxone (Buprenorphine/Naloxone) Film Products Liability Litigation, MDL No. 3092. This appointment by the United States District Court for the Northern District of Ohio, Eastern Division, underscores Parker's commitment to mass tort litigation and his potential as a future leader in this field.

08/08 11:15 EST - zacks.com
Is the Options Market Predicting a Spike in Alexander & Baldwin (ALEX) Stock?
Investors need to pay close attention to Alexander & Baldwin (ALEX) stock based on the movements in the options market lately.

07/29 10:55 EST - zacks.com
Alexander & Baldwin Holdings, Inc. (ALEX) Now Trades Above Golden Cross: Time to Buy?
From a technical perspective, Alexander & Baldwin Holdings, Inc. (ALEX) is looking like an interesting pick, as it just reached a key level of support. ALEX's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

07/28 09:00 EST - seekingalpha.com
Soft Landing Secured
U.S. equity markets posted mixed performance while interest rates dipped to four-month lows as a lukewarm start to corporate earnings season and mixed economic data reinforced Fed rate cut expectations. Another twist in a wild month of politics, President Biden announced that he would not seek reelection, instead endorsing VP Harris, setting the stage for a more competitive November election. The S&P 500 slipped 0.8% on the week as the powerful "value rotation" trade extended into a third-week. The Small-Cap 600 rallied 3.6% while the mega-cap Nasdaq 100 dipped 2.6%.

07/25 20:10 EST - seekingalpha.com
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 Conference Call Participants Alexander Goldfarb - Piper Sandler Rob Stevenson - Janney Mitch Germain - Citizens JMP Brendan McCarthy - Sidoti Operator Good day, and welcome to the Second Quarter 2024 Alexander & Baldwin Earnings Conference Call. At this time, all lines are in listen-only mode.

07/25 20:00 EST - zacks.com
Alexander & Baldwin Holdings (ALEX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Alexander & Baldwin Holdings (ALEX) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

07/25 18:41 EST - zacks.com
Alexander & Baldwin Holdings, Inc. (ALEX) Q2 FFO and Revenues Top Estimates
Alexander & Baldwin Holdings, Inc. (ALEX) came out with quarterly funds from operations (FFO) of $0.28 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to FFO of $0.29 per share a year ago.

07/25 16:05 EST - prnewswire.com
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, today announced net income available to A&B common shareholders of $9.1 million, or $0.13 per diluted share, and Commercial Real Estate ("CRE") operating profit of $22.6 million for the second quarter of 2024. Q2  2024 Highlights Funds From Operations ("FFO") of $20.6 million, or $0.28 per diluted share / Adjusted FFO of $16.9 million, or $0.23 per diluted share CRE Same-Store Net Operating Income ("NOI") growth of 0.9% / CRE Same-Store NOI growth of 1.7% excluding collections of prior year reserves Leased occupancy as of June 30, 2024, was 93.9% Comparable blended leasing spreads for the improved portfolio were 7.3% Lance Parker, president and chief executive officer, stated: "I am encouraged by our performance during the second quarter.

07/24 16:05 EST - prnewswire.com
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 commercial real estate in Hawai'i, approved a third quarter 2024 dividend of $0.2225 ( twenty-two and ¼ cents ) per share. The dividend is payable on October 7, 2024, to shareholders of record as of the close of business on September 20, 2024.

07/09 16:05 EST - prnewswire.com
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, will report results for the second quarter 2024, after the market closes, on Thursday, July 25, 2024. In connection with this announcement, A&B will host a conference call and webcast on Thursday, July 25, 2024, at 5:00 p.m.

07/09 07:00 EST - prnewswire.com
B&G FOODS INTRODUCES THE B&G® PICKLEBALL BAG IN COLLABORATION WITH NYC DESIGNER, MADE BY ALEX
The authority in all things pickle created the summer's must-have pickleball bag with an NYC leather legend NEW YORK , July 9, 2024 /PRNewswire/ -- B&G Foods, in collaboration with Made by Alex, announced today the exciting launch of the B&G ® Pickleball Bag x Made by Alex, a pickleball bag designed for handbag, pickle and pickleball enthusiasts alike. The B&G ® brand, originally known as Bloch & Guggenheimer ® , originated in the streets of New York City in 1889, and its pickles, peppers, relishes, olives, sauerkraut and other specialty items have set the standard for New York taste for more than 135 years.

06/14 09:51 EST - seekingalpha.com
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% Y/Y. Net debt accounts for only 27% of enterprise value - perhaps an amount too low if we are at the bottom of the real estate cycle.

05/28 18:45 EST - prnewswire.com
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, today announced that its management team will participate in Nareit's REITweek: 2024 Investor Conference in New York. A&B will present an overview of its business and operations, followed by a question and answer session.

05/20 04:58 EST - https://www.defenseworld.net
Natixis Advisors L.P. Acquires Shares of 14,622 Alexander & Baldwin, Inc. (NYSE:ALEX)
Natixis Advisors L.P. acquired a new stake in Alexander & Baldwin, Inc. (NYSE:ALEX – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 14,622 shares of the financial services provider’s stock, valued at approximately $278,000. Several other large investors have also made changes to their positions in ALEX. Federated Hermes Inc. boosted its holdings in Alexander & Baldwin by 88.5% in the 4th quarter. Federated Hermes Inc. now owns 2,641 shares of the financial services provider’s stock worth $50,000 after buying an additional 1,240 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of Alexander & Baldwin by 46.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,516 shares of the financial services provider’s stock worth $59,000 after acquiring an additional 1,114 shares during the last quarter. Van ECK Associates Corp increased its position in shares of Alexander & Baldwin by 19.7% during the fourth quarter. Van ECK Associates Corp now owns 10,165 shares of the financial services provider’s stock worth $193,000 after purchasing an additional 1,672 shares in the last quarter. Everett Harris & Co. CA purchased a new stake in shares of Alexander & Baldwin during the fourth quarter worth approximately $195,000. Finally, Duality Advisers LP acquired a new position in Alexander & Baldwin in the 4th quarter valued at $199,000. 91.29% of the stock is owned by institutional investors and hedge funds. Alexander & Baldwin Stock Down 0.8 % Shares of ALEX opened at $17.00 on Monday. Alexander & Baldwin, Inc. has a 52-week low of $15.53 and a 52-week high of $19.99. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.45. The stock has a fifty day simple moving average of $16.31 and a two-hundred day simple moving average of $17.05. The company has a market capitalization of $1.23 billion, a PE ratio of 27.87 and a beta of 1.21. Alexander & Baldwin (NYSE:ALEX – Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.03. The firm had revenue of $61.20 million during the quarter, compared to analysts’ expectations of $51.55 million. Alexander & Baldwin had a net margin of 20.25% and a return on equity of 4.76%. During the same period last year, the business earned $0.29 earnings per share. As a group, equities analysts forecast that Alexander & Baldwin, Inc. will post 1.14 EPS for the current year. Alexander & Baldwin Cuts Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 8th. Investors of record on Friday, June 14th will be issued a $0.222 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 5.22%. The ex-dividend date of this dividend is Friday, June 14th. Alexander & Baldwin’s dividend payout ratio is presently 145.90%. Wall Street Analysts Forecast Growth A number of equities research analysts have recently issued reports on the stock. Piper Sandler dropped their target price on shares of Alexander & Baldwin from $19.00 to $17.00 and set a “neutral” rating for the company in a report on Thursday, March 14th. TheStreet downgraded shares of Alexander & Baldwin from a “b-” rating to a “c+” rating in a report on Wednesday, February 28th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $18.50. Read Our Latest Research Report on ALEX About Alexander & Baldwin (Free Report) 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. See Also Five stocks we like better than Alexander & Baldwin Are These Liquid Natural Gas Stocks Ready For An Upside Bounce? MarketBeat Week in Review – 5/13 – 5/17 ETF Screener: Uses and Step-by-Step Guide Take-Two Interactive Software Offers 2nd Chance for Investors 3 Best Fintech Stocks for a Portfolio Boost Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook

05/20 03:59 EST - seekingalpha.com
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, while mid-caps (-5.36%) and large caps (-5.99%) performed even worse. 78.71% of REIT securities had a negative total return in April.

05/17 14:09 EST - seekingalpha.com
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 consistency, which can help identify worthwhile investments. We look at a list of 25 of the top yielding based on these metrics, then take a brief look at the 5 of these top positions.

05/14 08:56 EST - zacks.com
Best Income Stocks to Buy for May 14th
ALEX, LCII and CMRE made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 14, 2024.

04/28 09:00 EST - seekingalpha.com
Stagflation Is Back
U.S. equity markets rebounded from their worst weekly decline in a year despite a continued uplift in benchmark interest rates, as a solid start to earnings season counteracted disappointing economic data. Ahead of the Fed's policy meeting in the week ahead, markets were confounded - albeit temporarily - by a "jarring" GDP report that showed a return of "stagflationary" trends. Defying the macro headwinds to post its best week since November, the S&P 500 rallied 2.8% on the week - erasing essentially all of its declines in the prior week.