Alexander & Baldwin (NYSE:ALEX - Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect Alexander & Baldwin to post earnings of $0.15 per share and revenue of $49.68 million for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
Alexander & Baldwin Stock Performance
Shares of NYSE:ALEX traded down $0.02 during trading on Friday, reaching $17.62. The stock had a trading volume of 328,127 shares, compared to its average volume of 238,462. Alexander & Baldwin has a 52 week low of $15.53 and a 52 week high of $20.30. The stock has a fifty day simple moving average of $17.70 and a two-hundred day simple moving average of $18.68. 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 firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 28.41 and a beta of 1.29.
Alexander & Baldwin Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th were issued a dividend of $0.2225 per share. This represents a $0.89 dividend on an annualized basis and a yield of 5.05%. The ex-dividend date was Friday, December 20th. Alexander & Baldwin's dividend payout ratio (DPR) is 145.16%.
Wall Street Analyst Weigh In
Several research firms recently weighed in on ALEX. Piper Sandler reissued an "overweight" rating and set a $23.00 price objective (up previously from $22.00) on shares of Alexander & Baldwin in a research report on Friday, October 25th. StockNews.com raised Alexander & Baldwin from a "hold" rating to a "buy" rating in a research report on Thursday, February 6th. Finally, JMP Securities reissued a "market perform" rating on shares of Alexander & Baldwin in a research report on Monday, January 6th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $22.50.
Check Out Our Latest Report on Alexander & Baldwin
Alexander & Baldwin Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Alexander & Baldwin, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alexander & Baldwin wasn't on the list.
While Alexander & Baldwin currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
