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

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

Alexander & Baldwin Trading Up 0.3 %

NYSE:ALEX opened at $18.06 on Friday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.47. Alexander & Baldwin has a 1-year low of $15.53 and a 1-year high of $20.30. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 29.12 and a beta of 1.29. The stock has a fifty day simple moving average of $17.68 and a 200 day simple moving average of $18.65.

Alexander & Baldwin (NYSE:ALEX) last announced its quarterly earnings data 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 firm had revenue of $62.45 million during the quarter, compared to analyst estimates of $49.68 million. Sell-side analysts forecast that Alexander & Baldwin will post 1.35 earnings per share for the current 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 paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.98%. This is an increase from Alexander & Baldwin’s previous quarterly dividend of $0.22. The ex-dividend date is Friday, March 14th. Alexander & Baldwin’s dividend payout ratio (DPR) is presently 145.16%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. JMP Securities reissued a “market perform” rating on shares of Alexander & Baldwin in a research note on Monday, January 6th. Piper Sandler boosted their price objective on Alexander & Baldwin from $23.00 to $24.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, StockNews.com lowered Alexander & Baldwin from a “buy” rating to a “hold” rating in a research note on Friday.

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.