Alexander & Baldwin (ALEX) Projected to Post Earnings on Thursday

Alexander & Baldwin (NYSE:ALEX - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $50.81 million for the quarter. Alexander & Baldwin has set its FY 2025 guidance at 1.130-1.200 EPS.

Alexander & Baldwin (NYSE:ALEX - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The financial services provider reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.15. Alexander & Baldwin had a return on equity of 5.93% and a net margin of 19.64%. The business had revenue of $62.45 million during the quarter, compared to the consensus estimate of $49.68 million. On average, analysts expect Alexander & Baldwin to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Alexander & Baldwin Stock Performance

NYSE:ALEX traded down $0.26 during trading hours on Monday, reaching $16.57. 70,089 shares of the stock were exchanged, compared to its average volume of 455,177. Alexander & Baldwin has a 52 week low of $15.70 and a 52 week high of $20.30. 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 has a market capitalization of $1.20 billion, a P/E ratio of 26.73 and a beta of 1.03. The firm has a 50 day simple moving average of $17.34 and a 200-day simple moving average of $18.07.

Alexander & Baldwin Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Friday, March 14th were issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from Alexander & Baldwin's previous quarterly dividend of $0.22. Alexander & Baldwin's payout ratio is currently 107.14%.

Wall Street Analysts Forecast Growth

ALEX has been the subject of a number of research reports. Piper Sandler lifted their target price on Alexander & Baldwin from $23.00 to $24.00 and gave the company an "overweight" rating in a research note on Friday, February 28th. JMP Securities restated a "market perform" rating on shares of Alexander & Baldwin in a research note on Monday, January 6th. Finally, StockNews.com cut Alexander & Baldwin from a "buy" rating to a "hold" rating in a research note on Sunday, March 16th.

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.