Alexander & Baldwin (NYSE:ALEX) Releases 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 -.

Analysts Set New Price Targets

Several equities analysts have issued reports on ALEX shares. StockNews.com raised Alexander & Baldwin from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. JMP Securities reissued a “market perform” rating on shares of Alexander & Baldwin in a research report on Monday, January 6th. One analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $22.50.

Alexander & Baldwin Trading Down 0.6 %

Shares of NYSE ALEX traded down $0.11 during mid-day trading on Thursday, hitting $17.99. 346,054 shares of the company traded hands, compared to its average volume of 281,967. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.47. Alexander & Baldwin has a 1 year low of $15.53 and a 1 year high of $20.30. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 29.01 and a beta of 1.29. The business has a 50 day moving average of $17.67 and a two-hundred day moving average of $18.65.

Alexander & Baldwin (NYSE:ALEX) last issued its quarterly earnings data on Thursday, February 27th. The financial services provider reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.15. Alexander & Baldwin had a net margin of 19.64% and a return on equity of 5.93%. On average, sell-side analysts anticipate that Alexander & Baldwin will post 1.35 earnings per share for the current fiscal year.

Alexander & Baldwin Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 7th. Investors of record on Friday, March 14th will be given a dividend of $0.225 per share. The ex-dividend date is Friday, March 14th. This is a positive change from Alexander & Baldwin’s previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a yield of 5.00%. Alexander & Baldwin’s dividend payout ratio is 145.16%.

About Alexander & Baldwin

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.