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 (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 0.6 %

ALEX stock opened at $17.99 on Friday. The company’s 50 day moving average is $17.67 and its 200 day moving average is $18.65. 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 stock has a market cap of $1.31 billion, a price-to-earnings ratio of 29.01 and a beta of 1.29. Alexander & Baldwin has a 1-year low of $15.53 and a 1-year high of $20.30.

Alexander & Baldwin (NYSE:ALEX) last posted its 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%. Sell-side analysts predict that Alexander & Baldwin will post 1.35 EPS for the current fiscal year.

Alexander & Baldwin Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 7th. Shareholders of record on Friday, March 14th will be given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 5.00%. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Alexander & Baldwin’s previous quarterly dividend of $0.22. Alexander & Baldwin’s payout ratio is 145.16%.

Analysts Set New Price Targets

ALEX has been the topic of a number of analyst reports. StockNews.com upgraded shares of Alexander & Baldwin from a “hold” rating to a “buy” rating in a research note on Thursday, February 6th. JMP Securities reiterated a “market perform” rating on shares of Alexander & Baldwin in a report on Monday, January 6th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus 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.