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

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

Alexander & Baldwin Stock Down 0.8 %

Alexander & Baldwin stock traded down $0.15 during midday trading on Monday, reaching $17.96. The company's stock had a trading volume of 674,574 shares, compared to its average volume of 314,133. Alexander & Baldwin has a fifty-two week low of $15.53 and a fifty-two 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 company has a market cap of $1.30 billion, a P/E ratio of 28.97 and a beta of 1.29. The business has a 50-day simple moving average of $17.69 and a 200-day simple moving average of $18.64.

Alexander & Baldwin (NYSE:ALEX - Get Free Report) last posted its 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 for the quarter, compared to analysts' expectations of $49.68 million. On average, research analysts expect that Alexander & Baldwin will post 1.35 earnings per share for the current fiscal 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 given 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 5.01%. This is a boost from Alexander & Baldwin's previous quarterly dividend of $0.22. Alexander & Baldwin's payout ratio is 107.14%.

Wall Street Analyst Weigh In

ALEX has been the topic of several recent research reports. Piper Sandler boosted 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. JMP Securities restated a "market perform" rating on shares of Alexander & Baldwin in a research report on Monday, January 6th. Finally, StockNews.com cut Alexander & Baldwin from a "buy" rating to a "hold" rating in a research report on Friday.

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.