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

Alexander & Baldwin (NYSE:ALEX) issued an update on its FY 2025 earnings guidance on Thursday morning. 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 -.

Alexander & Baldwin Stock Down 0.6 %

Shares of ALEX opened at $17.99 on Friday. The company’s 50-day simple moving average is $17.67 and its 200-day simple moving average is $18.65. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.35 and a current ratio of 0.35. 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 PE ratio of 29.01 and a beta of 1.29.

Alexander & Baldwin (NYSE:ALEX) last announced its quarterly earnings results on Thursday, February 27th. The financial services provider reported $0.30 EPS for the quarter, topping 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%. Analysts forecast that Alexander & Baldwin will post 1.35 earnings per share for the current fiscal year.

Alexander & Baldwin Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 7th. Investors of record on Friday, March 14th will be issued 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 yield of 5.00%. This is an increase from Alexander & Baldwin’s previous quarterly dividend of $0.22. Alexander & Baldwin’s payout ratio is currently 145.16%.

Analyst Upgrades and Downgrades

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

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.