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

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

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. StockNews.com cut Alexander & Baldwin from a “buy” rating to a “hold” rating in a research report on Friday. Piper Sandler increased their price target on Alexander & Baldwin from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Friday. Finally, JMP Securities reissued a “market perform” rating on shares of Alexander & Baldwin in a research report on Monday, January 6th.

Alexander & Baldwin Price Performance

NYSE:ALEX opened at $18.06 on Friday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.47. The stock’s 50 day moving average price is $17.68 and its two-hundred day moving average price is $18.65. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 29.12 and a beta of 1.29. Alexander & Baldwin has a 12-month low of $15.53 and a 12-month high of $20.30.

Alexander & Baldwin (NYSE:ALEX) last released its quarterly earnings data on Thursday, February 27th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.15. The firm had revenue of $62.45 million for the quarter, compared to analyst estimates of $49.68 million. Alexander & Baldwin had a return on equity of 5.93% and a net margin of 19.64%. On average, analysts anticipate that Alexander & Baldwin will post 1.35 earnings per share for the current year.

Alexander & Baldwin Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 7th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.98%. This is a positive change from Alexander & Baldwin’s previous quarterly dividend of $0.22. Alexander & Baldwin’s dividend payout ratio (DPR) is 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.