Sidoti Csr Analysts Boost Earnings Estimates for ALEX

Alexander & Baldwin, Inc. (NYSE:ALEX) – Investment analysts at Sidoti Csr boosted their Q1 2025 earnings per share estimates for Alexander & Baldwin in a research note issued on Monday, March 3rd. Sidoti Csr analyst B. Mccarthy now anticipates that the financial services provider will earn $0.28 per share for the quarter, up from their previous estimate of $0.27. The consensus estimate for Alexander & Baldwin’s current full-year earnings is $1.35 per share. Sidoti Csr also issued estimates for Alexander & Baldwin’s Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.30 EPS, Q4 2025 earnings at $0.28 EPS and FY2025 earnings at $1.16 EPS.

ALEX has been the subject of a number of other reports. Piper Sandler upped their price objective on shares of Alexander & Baldwin from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Friday, February 28th. StockNews.com downgraded Alexander & Baldwin from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Finally, JMP Securities restated a “market perform” rating on shares of Alexander & Baldwin in a report on Monday, January 6th.

Alexander & Baldwin Price Performance

ALEX opened at $17.78 on Wednesday. Alexander & Baldwin has a twelve month low of $15.53 and a twelve month high of $20.30. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.47. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 28.67 and a beta of 1.29. The company has a fifty day simple moving average of $17.70 and a 200 day simple moving average of $18.63.

Alexander & Baldwin (NYSE:ALEX) last announced its quarterly earnings data on Thursday, February 27th. The financial services provider reported $0.30 earnings per share 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%. The business had revenue of $62.45 million for the quarter, compared to analyst estimates of $49.68 million.

Institutional Investors Weigh In On Alexander & Baldwin

A number of institutional investors have recently modified their holdings of the stock. Creative Planning bought a new stake in Alexander & Baldwin in the third quarter valued at about $216,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Alexander & Baldwin by 34.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,818 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 727 shares in the last quarter. Van ECK Associates Corp grew its position in shares of Alexander & Baldwin by 12.3% in the 3rd quarter. Van ECK Associates Corp now owns 12,510 shares of the financial services provider’s stock worth $229,000 after acquiring an additional 1,374 shares in the last quarter. Asset Management One Co. Ltd. increased its holdings in shares of Alexander & Baldwin by 14.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 194,942 shares of the financial services provider’s stock valued at $3,743,000 after acquiring an additional 24,773 shares during the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Alexander & Baldwin during the 3rd quarter valued at approximately $561,000. Institutional investors and hedge funds own 91.29% of the company’s stock.

Alexander & Baldwin Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 7th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.225 per share. This is a positive change from Alexander & Baldwin’s previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a yield of 5.06%. The ex-dividend date of this dividend is Friday, March 14th. Alexander & Baldwin’s dividend payout ratio (DPR) is currently 107.14%.

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.