Sidoti Csr Weighs in on Alexander & Baldwin, Inc.'s FY2025 Earnings (NYSE:ALEX)

Alexander & Baldwin, Inc. (NYSE:ALEX - Free Report) - Equities researchers at Sidoti Csr increased their FY2025 earnings estimates for shares of Alexander & Baldwin in a research note issued on Monday, October 14th. Sidoti Csr analyst B. Mccarthy now anticipates that the financial services provider will earn $1.13 per share for the year, up from their prior forecast of $1.12. The consensus estimate for Alexander & Baldwin's current full-year earnings is $1.27 per share. Sidoti Csr also issued estimates for Alexander & Baldwin's Q4 2025 earnings at $0.29 EPS.

Other equities analysts also recently issued reports about the stock. Piper Sandler upgraded shares of Alexander & Baldwin from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $17.00 to $22.00 in a research note on Friday, July 26th. Alliance Global Partners began coverage on shares of Alexander & Baldwin in a research note on Thursday, August 8th. They set a "buy" rating and a $22.00 price objective on the stock. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $21.33.

Alexander & Baldwin Trading Up 0.1 %

ALEX stock traded up $0.02 during mid-day trading on Wednesday, reaching $18.81. The company had a trading volume of 210,241 shares, compared to its average volume of 328,001. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.53 and a quick ratio of 0.53. The company has a market capitalization of $1.37 billion, a PE ratio of 30.81 and a beta of 1.26. The firm has a 50 day moving average of $19.20 and a 200 day moving average of $17.72. Alexander & Baldwin has a 12 month low of $15.53 and a 12 month high of $20.30.

Alexander & Baldwin Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 7th. Investors of record on Friday, September 20th were given a dividend of $0.2225 per share. This is a boost from Alexander & Baldwin's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, September 20th. This represents a $0.89 dividend on an annualized basis and a yield of 4.73%. Alexander & Baldwin's dividend payout ratio is presently 145.90%.

Institutional Investors Weigh In On Alexander & Baldwin

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Alexander & Baldwin by 0.6% in the first quarter. Vanguard Group Inc. now owns 11,725,230 shares of the financial services provider's stock worth $193,115,000 after buying an additional 71,797 shares during the last quarter. Reinhart Partners LLC. raised its holdings in shares of Alexander & Baldwin by 2.9% in the third quarter. Reinhart Partners LLC. now owns 2,553,912 shares of the financial services provider's stock worth $49,035,000 after buying an additional 72,240 shares during the last quarter. Clearbridge Investments LLC increased its stake in shares of Alexander & Baldwin by 24.4% in the first quarter. Clearbridge Investments LLC now owns 623,284 shares of the financial services provider's stock worth $10,265,000 after acquiring an additional 122,286 shares during the period. Mesirow Institutional Investment Management Inc. increased its stake in shares of Alexander & Baldwin by 1.7% in the second quarter. Mesirow Institutional Investment Management Inc. now owns 516,368 shares of the financial services provider's stock worth $8,758,000 after acquiring an additional 8,554 shares during the period. Finally, Regency Capital Management Inc. DE increased its stake in shares of Alexander & Baldwin by 17.6% in the first quarter. Regency Capital Management Inc. DE now owns 378,875 shares of the financial services provider's stock worth $6,240,000 after acquiring an additional 56,643 shares during the period. Hedge funds and other institutional investors own 91.29% of the company's stock.

Alexander & Baldwin Company Profile

Alexander & Baldwin, Inc NYSE: ALEX (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 13 industrial assets and four office properties, as well as 142.0 acres of ground lease assets.