This company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsAlexander & Baldwin（ALEX）株式概要アレクサンダー＆ボールドウィン・インクは、ハワイの商業不動産に特化した唯一の上場不動産投資信託で、食料品店を中心とした近隣型ショッピングセンターの州最大の所有者である。 詳細ALEX ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績3/6財務の健全性2/6配当金4/6報酬当社が推定した公正価値より61.5%で取引されている 過去1年間で収益は0.9%増加しました リスク分析今後3年間の収益は年平均9.3%減少すると予測されている。 負債は営業キャッシュフローで十分にカバーされていない 財務結果に影響を与える大きな一時的項目 6.72%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るALEX Community Fair Values Create NarrativeSee what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN3.6% overvaluedAnalystConsensusTarget•5mo agoHawaii Market Will Sustain High Occupancy Amid Rising Costs11108Top Analyst NarrativesAlexander & BaldwinANAnalystConsensusTargetBased on Analyst Price TargetsHawaii Market Will Sustain High Occupancy Amid Rising CostsKey Takeaways High occupancy, steady rent growth, and strong asset management support durable revenue gains in a supply-constrained Hawaii market with premium rents. Streamlined operations, strong balance sheet, and selective development position the company for increased earnings and opportunistic growth.View narrativeUS$20.12FV3.6% 割高 内在価値ディスカウント-3.34%Revenue growth p.a.Set Fair ValueView111users have viewed this narrative0users have liked this narrative0users have commented on this narrative8users have followed this narrative5 months ago author updated this narrativeView all narrativesAlexander & Baldwin, Inc. 競合他社American Assets TrustSymbol: NYSE:AATMarket cap: US$1.7bEmpire State Realty OPSymbol: ARCA:ESBAMarket cap: US$1.6bBroadstone Net LeaseSymbol: NYSE:BNLMarket cap: US$4.1bGladstone CommercialSymbol: NasdaqGS:GOODMarket cap: US$624.5m価格と性能株価の高値、安値、推移の概要Alexander & Baldwin過去の株価現在の株価US$20.8452週高値US$21.0352週安値US$15.07ベータ0.951ヶ月の変化0.39%3ヶ月変化-0.43%1年変化18.34%3年間の変化16.42%5年間の変化17.34%IPOからの変化-20.55%最新ニュースお知らせ • Mar 13+ 17 more updatesAlexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2500 Value BenchmarkAlexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2500 Value BenchmarkReported Earnings • Feb 28Full year 2025 earnings released: EPS: US$0.89 (vs US$0.88 in FY 2024)Full year 2025 results: EPS: US$0.89 (up from US$0.88 in FY 2024). Revenue: US$206.7m (down 14% from FY 2024). Net income: US$64.6m (flat on FY 2024). Profit margin: 31% (up from 27% in FY 2024). Revenue is forecast to stay flat during the next 2 years compared to a 6.4% growth forecast for the REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.ナラティブの更新 • Dec 15ALEX: Shopping Centers And Buyout Deal Will Offset REIT Fund Flow HeadwindsAnalysts have modestly reduced their price target on Alexander & Baldwin by about $1 to approximately $21 per share. This reflects slightly lower fair value and profit margin expectations, even as projected revenue declines appear less severe and long term earnings multiples compress amid ongoing REIT fund flow headwinds.Declared Dividend • Dec 12Third quarter dividend increased to US$0.35Dividend of US$0.35 is 56% higher than last year. Ex-date: 19th December 2025 Payment date: 8th January 2026 Dividend yield will be 4.9%, which is higher than the industry average of 4.4%.New Risk • Dec 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.Seeking Alpha • Dec 10Alexander & Baldwin: Little Upside After Take-Private DealSummary Alexander & Baldwin is set to be taken private at $21.20/share in an all-cash deal by an investor group that includes funds affiliated with Blackstone Real Estate. Shareholders will receive a $0.35/share dividend in January 2026; post ex-dividend on December 19, 2025, the offer adjusts to $20.85/share. With ALEX trading at ~$20.85/share, only a 1.7% upside remains, justifying a Hold rating. The deal values the company at an enterprise value of $2.3 billion, or 15.1x its 2025 FFO midpoint, with a cap rate of 5.7% for its commercial real estate portfolio. The risks of a higher rival bid or deal collapse are remote, making the current offer the most likely outcome. Read the full article on Seeking Alpha最新情報をもっと見るRecent updatesお知らせ • Mar 13+ 17 more updatesAlexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2500 Value BenchmarkAlexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2500 Value BenchmarkReported Earnings • Feb 28Full year 2025 earnings released: EPS: US$0.89 (vs US$0.88 in FY 2024)Full year 2025 results: EPS: US$0.89 (up from US$0.88 in FY 2024). Revenue: US$206.7m (down 14% from FY 2024). Net income: US$64.6m (flat on FY 2024). Profit margin: 31% (up from 27% in FY 2024). Revenue is forecast to stay flat during the next 2 years compared to a 6.4% growth forecast for the REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.ナラティブの更新 • Dec 15ALEX: Shopping Centers And Buyout Deal Will Offset REIT Fund Flow HeadwindsAnalysts have modestly reduced their price target on Alexander & Baldwin by about $1 to approximately $21 per share. This reflects slightly lower fair value and profit margin expectations, even as projected revenue declines appear less severe and long term earnings multiples compress amid ongoing REIT fund flow headwinds.Declared Dividend • Dec 12Third quarter dividend increased to US$0.35Dividend of US$0.35 is 56% higher than last year. Ex-date: 19th December 2025 Payment date: 8th January 2026 Dividend yield will be 4.9%, which is higher than the industry average of 4.4%.New Risk • Dec 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.Seeking Alpha • Dec 10Alexander & Baldwin: Little Upside After Take-Private DealSummary Alexander & Baldwin is set to be taken private at $21.20/share in an all-cash deal by an investor group that includes funds affiliated with Blackstone Real Estate. Shareholders will receive a $0.35/share dividend in January 2026; post ex-dividend on December 19, 2025, the offer adjusts to $20.85/share. With ALEX trading at ~$20.85/share, only a 1.7% upside remains, justifying a Hold rating. The deal values the company at an enterprise value of $2.3 billion, or 15.1x its 2025 FFO midpoint, with a cap rate of 5.7% for its commercial real estate portfolio. The risks of a higher rival bid or deal collapse are remote, making the current offer the most likely outcome. Read the full article on Seeking AlphaValuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 35%After last week's 35% share price gain to US$20.85, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the REITs industry in the US. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$26.84 per share.お知らせ • Dec 09+ 1 more updateAlexander & Baldwin, Inc. Announces Dividend for the Fourth Quarter of 2025, Payable on January 8, 2026Alexander & Baldwin, Inc. announced that its Board of Directors approved a fourth quarter 2025 dividend of $0.35 per share. The dividend is payable on January 8, 2026, to shareholders of record as of the close of business on December 19, 2025.Reported Earnings • Nov 02Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: FFO per share: US$0.3 (down from US$0.39 in 3Q 2024). Revenue: US$51.8m (down 19% from 3Q 2024). Funds from operations (FFO): US$21.4m (down 24% from 3Q 2024). FFO margin: 41% (down from 44% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 33%. Revenue is expected to decline by 5.7% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 5.1%. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Oct 31Alexander & Baldwin, Inc. Raises Its Earnings Guidance for 2025Alexander & Baldwin, Inc. raised its earnings guidance for 2025. For the period, the company expects Net Income (Loss) available to A&B common shareholders per diluted share to be in the range of $0.95 per share to $1 per share compared to previous guidance of $0.91 per share to $0.96 per share.お知らせ • Oct 10Alexander & Baldwin, Inc. to Report Q3, 2025 Results on Oct 30, 2025Alexander & Baldwin, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025お知らせ • Oct 04Alexander & Baldwin, Inc. Announces Retirement of Meredith J. Ching, Executive Vice President, External Affairs, Effective December 31, 2025On September 29, 2025, Meredith J. Ching, Executive Vice President, External Affairs, notified Alexander & Baldwin, Inc. of her decision to retire, effective as of December 31, 2025.Upcoming Dividend • Sep 05Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 12 September 2025. Payment date: 07 October 2025. Trailing yield: 4.6%. Within top quartile of American dividend payers (4.4%). Lower than average of industry peers (5.6%).New Risk • Jul 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks High level of debt (43% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Declared Dividend • Jul 27Second quarter dividend of US$0.23 announcedShareholders will receive a dividend of US$0.23. Ex-date: 12th September 2025 Payment date: 7th October 2025 Dividend yield will be 4.9%, which is higher than the industry average of 4.4%.Reported Earnings • Jul 25Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: US$0.35 (up from US$0.16 in 2Q 2024). Revenue: US$51.7m (flat on 2Q 2024). Net income: US$25.2m (up 114% from 2Q 2024). Profit margin: 49% (up from 23% in 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.4%. Revenue is expected to decline by 6.2% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Jul 25Alexander & Baldwin, Inc. Raises Earnings Guidance for 2025Alexander & Baldwin, Inc. raised earnings guidance for 2025. For the period, the company expects Net Income (Loss) available to A&B common shareholders per diluted share to be in the range of $0.91 to $0.96 compared to previous guidance of $0.68 to $0.74.お知らせ • Jul 24Alexander & Baldwin, Inc. Announces Third Quarter 2025 Dividend, Payable on October 7, 2025Alexander & Baldwin, Inc. announced that its Board of Directors approved a third quarter 2025 dividend of $0.225 (twenty-two and ½ cents) per share. The dividend is payable on October 7, 2025, to shareholders of record as of the close of business on September 12, 2025.お知らせ • Jul 08Alexander & Baldwin, Inc. to Report Q2, 2025 Results on Jul 24, 2025Alexander & Baldwin, Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025Major Estimate Revision • Jun 26Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.76 to US$0.84. Revenue forecast unchanged at US$206.7m. Net income forecast to shrink 11% next year vs 9.7% decline forecast for REITs industry in the US. Consensus price target of US$21.00 unchanged from last update. Share price was steady at US$17.87 over the past week.Upcoming Dividend • Jun 06Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 13 June 2025. Payment date: 09 July 2025. Trailing yield: 5.0%. Within top quartile of American dividend payers (4.8%). Lower than average of industry peers (5.8%).Declared Dividend • Apr 27First quarter dividend of US$0.23 announcedShareholders will receive a dividend of US$0.23. Ex-date: 13th June 2025 Payment date: 9th July 2025 Dividend yield will be 5.5%, which is higher than the industry average of 4.4%.Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$0.29 (up from US$0.28 in 1Q 2024). Revenue: US$53.7m (down 13% from 1Q 2024). Net income: US$21.3m (up 5.2% from 1Q 2024). Profit margin: 40% (up from 33% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 87%. Revenue is expected to decline by 5.8% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 3.7%. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.お知らせ • Apr 25Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year of 2025Alexander & Baldwin, Inc. revised earnings guidance for the full year of 2025. For the year, the company expects revised net income available to the company common shareholders per diluted share to be in the range of $0.68 to $0.74 compared to previously expected net income available to the company common shareholders per diluted share to be in the range of $0.64 to $0.71.お知らせ • Apr 24Alexander & Baldwin, Inc. Announces Second Quarter 2025 Dividend, payable on July 9, 2025Alexander & Baldwin, Inc. announced that its Board of Directors approved a second quarter 2025 dividend of $0.225 (twenty-two and ½ cents) per share. The dividend is payable on July 9, 2025, to shareholders of record as of the close of business on June 13, 2025.お知らせ • Apr 04Alexander & Baldwin, Inc. to Report Q1, 2025 Results on Apr 24, 2025Alexander & Baldwin, Inc. announced that they will report Q1, 2025 results After-Market on Apr 24, 2025お知らせ • Mar 12Alexander & Baldwin, Inc., Annual General Meeting, Apr 22, 2025Alexander & Baldwin, Inc., Annual General Meeting, Apr 22, 2025.Seeking Alpha • Mar 05Alexander & Baldwin: High Quality Hawaiian REIT At A Decent PriceSummary Alexander & Baldwin offers a unique investment in Hawaiian commercial real estate, with strong financial performance and a 5% dividend yield. ALEX's strategy includes monetizing non-core landholdings and reinvesting in industrial development, supported by a low leverage ratio and robust leasing activity. It demonstrates solid FFO growth, high occupancy rates, and a well-covered dividend, making it a compelling choice for income investors. Read the full article on Seeking AlphaDeclared Dividend • Mar 02Fourth quarter dividend of US$0.23 announcedShareholders will receive a dividend of US$0.23. Ex-date: 14th March 2025 Payment date: 7th April 2025 Dividend yield will be 4.9%, which is higher than the industry average of 4.4%.Reported Earnings • Feb 28Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: US$0.88 (up from US$0.56 in FY 2023). Revenue: US$236.6m (up 12% from FY 2023). Net income: US$64.0m (up 57% from FY 2023). Profit margin: 27% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is expected to decline by 6.9% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 4.1%. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year.お知らせ • Feb 28+ 1 more updateAlexander & Baldwin, Inc. Approves Dividend for the First Quarter 2025, Payable on April 7, 2025Alexander & Baldwin, Inc. announced that its board of directors approved a first quarter 2025 dividend of $0.225 per share. The dividend is payable on April 7, 2025, to shareholders of record as of the close of business on March 14, 2025.お知らせ • Jan 24Alexander & Baldwin, Inc. to Report Q4, 2024 Results on Feb 27, 2025Alexander & Baldwin, Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2025Buy Or Sell Opportunity • Dec 18Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.4% to US$17.95. The fair value is estimated to be US$22.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Earnings per share has declined by 6.0%. Revenue is forecast to decline by 11% in a year. Earnings are forecast to decline by 18% in the next year.Declared Dividend • Dec 09Third quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 20th December 2024 Payment date: 8th January 2025 Dividend yield will be 4.6%, which is about the same as the industry average.お知らせ • Dec 06Alexander & Baldwin, Inc. Announces Dividend for the Fourth Quarter 2024, Payable on January 8, 2025Alexander & Baldwin, Inc. announced that its Board of Directors approved an increased fourth quarter 2024 dividend of $0.225 per share from $0.2225 per share in the previous quarter. The dividend is payable on January 8, 2025, to shareholders of record as of the close of business on December 20, 2024.Seeking Alpha • Nov 29Alexander & Baldwin: This Rock Solid Hawaiian REIT Is Built To LastSummary Alexander & Baldwin offers exposure to Hawaii with a strong dividend yield and one of the best REIT balance sheets, making it a conservative investment. The company has refocused on Hawaiian real estate, owning 22 retail centers, 13 industrial assets, 4 office properties, and 142 acres of ground lease assets. A&B's low debt-to-asset ratio of 24% and effective interest rate of 4.7% highlight its financial strength, appealing to risk-averse investors. The ongoing simplification plan and strategic land sales are expected to improve FFO and reduce G&A expenses, further strengthening the company's financial position. Read the full article on Seeking Alphaお知らせ • Oct 26Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year 2024Alexander & Baldwin, Inc. revised earnings guidance for the full year 2024. For the period, the company expects Net Income available to A&B common shareholders per diluted share to be in the range of $0.74 to $0.82 compared to previous guidance of $0.64 to $0.73.Reported Earnings • Oct 25Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$0.27 (up from US$0.17 in 3Q 2023). Revenue: US$61.9m (up 16% from 3Q 2023). Net income: US$19.3m (up 61% from 3Q 2023). Profit margin: 31% (up from 22% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is expected to decline by 8.5% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 3.9%. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 9% per year.お知らせ • Oct 08Alexander & Baldwin, Inc. to Report Q3, 2024 Results on Oct 24, 2024Alexander & Baldwin, Inc. announced that they will report Q3, 2024 results After-Market on Oct 24, 2024新しいナラティブ • Sep 24Risky Land Sales And Volatile Investments Threaten Financial Stability Divesting noncore land and episodic sales may impact future revenues and investor trust with fluctuating financial performance.Upcoming Dividend • Sep 13Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 07 October 2024. Trailing yield: 4.5%. Within top quartile of American dividend payers (4.4%). Lower than average of industry peers (5.2%).お知らせ • Sep 11Alexander & Baldwin, Inc. Announces Resignation of Jeffrey W. Pauker as Executive Vice President and Chief Investment Officer, Effective October 25, 2024On September 4, 2024, Jeffrey W. Pauker tendered his resignation as Executive Vice President and Chief Investment Officer of Alexander & Baldwin, Inc., to be effective as of October 25, 2024.Seeking Alpha • Aug 29Alexander & Baldwin: Low Gearing Will Hurt Returns As Fed Set To Cut Rates (Rating Downgrade)Summary Alexander & Baldwin is a diversified REIT operating exclusively in Hawaii, with the majority of net operating income coming from retail and industrial properties, as well as ground leases. The company also has a legacy Land Operations segment, with a land sale in Q3 2024 contributing to the REIT's 2024 guidance increase. Net debt accounts for just 24% of enterprise value, which coupled with no floating rate debt points to limited benefits from Fed rate cuts. The REIT's valuation appears high with an 18.8x adjusted FFO multiple and a 6.7% market-implied cap rate, suggesting limited upside. Geographic concentration in Hawaii and the uncertain market value of the remaining land portfolio are key risks to consider. Read the full article on Seeking Alphaお知らせ • Aug 15Alexander & Baldwin, Inc. has filed a Follow-on Equity Offering in the amount of $200 million.Alexander & Baldwin, Inc. has filed a Follow-on Equity Offering in the amount of $200 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market OfferingPrice Target Changed • Jul 28Price target increased by 8.9% to US$20.33Up from US$18.67, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of US$19.51. Stock is up 2.7% over the past year. The company is forecast to post earnings per share of US$0.76 for next year compared to US$0.56 last year.Declared Dividend • Jul 28Second quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 20th September 2024 Payment date: 7th October 2024 Dividend yield will be 4.6%, which is about the same as the industry average.Reported Earnings • Jul 26Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: US$0.16 (up from US$0.15 in 2Q 2023). Revenue: US$51.0m (down 4.8% from 2Q 2023). Net income: US$11.7m (up 9.7% from 2Q 2023). Profit margin: 23% (up from 20% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 7.1%. Revenue is expected to decline by 6.6% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 5.2%. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Jul 25Alexander & Baldwin, Inc. Approves Third Quarter 2024 Dividend, Payable on October 7, 2024The Board of Directors of Alexander & Baldwin, Inc. approved a third quarter 2024 dividend of $0.2225 per share. The dividend is payable on October 7, 2024, to shareholders of record as of the close of business on September 20, 2024.お知らせ • Jul 10Alexander & Baldwin, Inc. to Report Q2, 2024 Results on Jul 25, 2024Alexander & Baldwin, Inc. announced that they will report Q2, 2024 results After-Market on Jul 25, 2024お知らせ • Jul 03Alexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2000 Dynamic IndexAlexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2000 Dynamic IndexUpcoming Dividend • Jun 07Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 08 July 2024. Trailing yield: 5.4%. Within top quartile of American dividend payers (4.7%). In line with average of industry peers (5.8%).Major Estimate Revision • May 23Consensus EPS estimates increase by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from US$0.60 to US$0.68. Revenue forecast unchanged at US$200.8m. Net income forecast to shrink 7.2% next year vs 12% decline forecast for REITs industry in the US. Consensus price target of US$19.33 unchanged from last update. Share price fell 3.8% to US$16.48 over the past week.Declared Dividend • Apr 28First quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 14th June 2024 Payment date: 8th July 2024 Dividend yield will be 5.5%, which is higher than the industry average of 4.4%.お知らせ • Apr 27Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year of 2024Alexander & Baldwin, Inc. revised earnings guidance for the full year of 2024. For the period, CRE Same-Store NOI guidance is in the range of 1.1% to 2.1% compared to previous guidance of 1.0% to 2.0%.Reported Earnings • Apr 27First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: FFO per share: US$0.4 (up from US$0.26 in 1Q 2023). Revenue: US$61.2m (up 21% from 1Q 2023). Funds from operations (FFO): US$29.2m (up 57% from 1Q 2023). FFO margin: 48% (up from 37% in 1Q 2023). Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 124%. Revenue is expected to decline by 4.3% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Apr 25Alexander & Baldwin, Inc. Approves Dividend for the Second Quarter of 2024, Payable on July 8, 2024The Board of Directors of Alexander & Baldwin, Inc. approved a second quarter 2024 dividend of $0.2225 per share. The dividend is payable on July 8, 2024, to shareholders of record as of the close of business on June 14, 2024.お知らせ • Apr 18Alexander & Baldwin, Inc. announced that it has received $60 million in fundingAlexander & Baldwin, Inc. announced that it has raised $60 million in debt round of funding from existing lender PGIM, Inc. on April 16, 2024. The company issued unsecured Series M note under the company's existing agreement with Prudential Investment Management, Inc. and its affiliates. The note carries 6.09% fixed rate, and interest on the Series M Note will be paid semi-annually, and the principal balance is due at maturity. The note will mature on April 15, 2032.お知らせ • Apr 09Alexander & Baldwin, Inc. to Report Q1, 2024 Results on Apr 25, 2024Alexander & Baldwin, Inc. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024お知らせ • Mar 13Alexander & Baldwin, Inc., Annual General Meeting, Apr 23, 2024Alexander & Baldwin, Inc., Annual General Meeting, Apr 23, 2024, at 08:00 Hawaiian Standard. Agenda: To consider the Election of seven directors; to consider the executive compensation; to consider the ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm; and to transact such other business as properly may be brought before the meeting or any adjournment or postponement thereof.Upcoming Dividend • Mar 07Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 05 April 2024. Trailing yield: 5.3%. Within top quartile of American dividend payers (4.7%). Lower than average of industry peers (6.2%).Seeking Alpha • Mar 06Alexander & Baldwin: Above-Expectations Results Support My Favorable ViewSummary Alexander & Baldwin's actual operating revenue and core FFO per share for Q4 2023 surpassed the sell side analysts' consensus forecasts by +8% and +6%, respectively. ALEX sees its FFO generated from the core Commercial Real Estate operations expanding by a high single digit percentage this year. I maintain a Buy rating for Alexander & Baldwin, taking into account its potential for further portfolio restructuring and expense management. Read the full article on Seeking AlphaDeclared Dividend • Mar 03Fourth quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 14th March 2024 Payment date: 5th April 2024 Dividend yield will be 5.3%, which is higher than the industry average of 4.4%.Reported Earnings • Feb 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$0.56 (up from US$0.51 in FY 2022). Revenue: US$208.9m (down 10.0% from FY 2022). Net income: US$40.8m (up 11% from FY 2022). Profit margin: 20% (up from 16% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) missed analyst estimates by 6.8%. Revenue is forecast to stay flat during the next 2 years compared to a 3.5% growth forecast for the REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Feb 29Alexander & Baldwin, Inc. Declares A First Quarter 2024 Dividend, Payable on April 5, 2024Alexander & Baldwin, Inc.'s Board declared a first quarter 2024 dividend of $0.2225 per share, payable on April 5, 2024, to shareholders of record as of the close of business on March 15, 2024.お知らせ • Jan 25Alexander & Baldwin, Inc. to Report Q4, 2023 Results on Feb 28, 2024Alexander & Baldwin, Inc. announced that they will report Q4, 2023 results After-Market on Feb 28, 2024お知らせ • Dec 12Alexander & Baldwin, Inc. Approves Fourth Quarter 2023 Dividend, Payable on January 8, 2024The Board of Directors of Alexander & Baldwin, Inc. approved a fourth quarter 2023 dividend of $0.2225 per share. The dividend is payable on January 8, 2024, to shareholders of record as of the close of business on December 22, 2023.お知らせ • Nov 17Nan, Inc. acquired Grace Pacific LLC from Alexander & Baldwin, Inc. (NYSE:ALEX).Nan, Inc. acquired Grace Pacific LLC from Alexander & Baldwin, Inc. (NYSE:ALEX) on November 15, 2023. Alexander & Baldwin, Inc., also sold 50% interest in Maui Paving, LLC, a paving company, the combined sales price was $60.0 million. The addition of Grace Pacific , with its talented team of professionals and state-of-the-art facilities, will significantly contribute to the continued success of Nan, Inc. This acquisition demonstrates Nan, Inc.'s commitment to investing in Hawai'i's infrastructure and supporting local job opportunities. Grace Pacific will continue to operate under its well-established brand, and its existing management and staff will remain in place to ensure a seamless transitionNan, Inc. completed the acquisition of Grace Pacific LLC from Alexander & Baldwin, Inc. (NYSE:ALEX) on November 15, 2023.Price Target Changed • Nov 07Price target decreased by 9.5% to US$19.00Down from US$21.00, the current price target is provided by 1 analyst. New target price is 17% above last closing price of US$16.28. Stock is down 19% over the past year. The company posted earnings per share of US$0.51 last year.New Risk • Nov 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (21% net profit margin).Seeking Alpha • Nov 03Alexander & Baldwin: Multiple CatalystsSummary Alexander & Baldwin's current P/FFO valuation multiple is way below its historical average. Alexander & Baldwin's potential catalysts include a faster pace of share repurchases, initiatives to maximize the value of portfolio assets, and earnings beats for Q4 2023 and 2024. I retain my Buy rating for ALEX in consideration of both valuations and catalysts. Read the full article on Seeking AlphaBuying Opportunity • Oct 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be US$19.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company has become profitable.お知らせ • Oct 14Alexander & Baldwin, Inc. to Report Q3, 2023 Results on Nov 02, 2023Alexander & Baldwin, Inc. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023Buying Opportunity • Oct 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be US$20.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company has become profitable.Upcoming Dividend • Sep 08Upcoming dividend of US$0.22 per share at 5.1% yieldEligible shareholders must have bought the stock before 15 September 2023. Payment date: 04 October 2023. Trailing yield: 5.1%. Within top quartile of American dividend payers (4.9%). Higher than average of industry peers (4.4%).Seeking Alpha • Aug 15Alexander & Baldwin: Maui Wildfires Create Downside RiskSummary Alexander & Baldwin is a pure-play Hawaiian operator of commercial real estate properties. Though operations are centered on the Island of Oahu, the company's overall concentration on the Hawaiian Island chain exposes them to significant risks resulting from the 2023 Maui Wildfires. Rising insurance premiums and disruptions in the ongoing disposition efforts of Grace Pacific are two visible risks. While significant risks are present, I am maintaining a "hold" view on shares until further developments are released by the management team. Read the full article on Seeking AlphaNew Risk • Jul 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 19% Last year net profit margin: 33% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Dividend is not well covered by cash flows (150% cash payout ratio). Profit margins are more than 30% lower than last year (19% net profit margin).株主還元ALEXUS REITsUS 市場7D0.1%2.6%-0.8%1Y18.3%14.7%27.1%株主還元を見る業界別リターン: ALEX過去 1 年間で14.7 % の収益を上げたUS REITs業界を上回りました。リターン対市場: ALEXは、過去 1 年間で27.1 % のリターンを上げたUS市場を下回りました。価格変動Is ALEX's price volatile compared to industry and market?ALEX volatilityALEX Average Weekly Movement0.5%REITs Industry Average Movement3.3%Market Average Movement7.2%10% most volatile stocks in US Market16.3%10% least volatile stocks in US Market3.2%安定した株価: ALEX 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: ALEXの 週次ボラティリティ は、過去 1 年間で6%から1%に減少しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト187090Lance Parkerwww.alexanderbaldwin.comアレクサンダー＆ボールドウィン・インクは、ハワイの商業不動産に特化した唯一の上場不動産投資信託であり、食料品店を中心とした近隣型ショッピングセンターのハワイ州最大の所有者である。A&Bはハワイで約400万平方フィートの商業スペースを所有、運営、管理しており、その中には21の小売センター、14の産業用資産、4つのオフィス用不動産、146エーカーの地上賃貸資産が含まれる。156年の歴史の中で、A&Bはハワイ州経済とともに発展し、農業、運輸、観光、建設、住宅、商業不動産産業の発展において指導的役割を果たしてきた。もっと見るAlexander & Baldwin, Inc. 基礎のまとめAlexander & Baldwin の収益と売上を時価総額と比較するとどうか。ALEX 基礎統計学時価総額US$1.52b収益（TTM）US$64.59m売上高(TTM)US$214.96m23.5xPER（株価収益率7.1xP/SレシオALEX は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計ALEX 損益計算書（TTM）収益US$214.96m売上原価US$110.57m売上総利益US$104.40mその他の費用US$39.81m収益US$64.59m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）0.89グロス・マージン48.56%純利益率30.05%有利子負債／自己資本比率49.4%ALEX の長期的なパフォーマンスは？過去の実績と比較を見る配当金6.7%現在の配当利回り69%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/03/12 22:31終値2026/03/12 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Alexander & Baldwin, Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Robert StevensonBrean Capital Historical (Janney Montgomery)Mitchell GermainCitizens JMP Securities, LLCSheila McGrathEvercore ISI3 その他のアナリストを表示
お知らせ • Mar 13+ 17 more updatesAlexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2500 Value BenchmarkAlexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2500 Value Benchmark
Reported Earnings • Feb 28Full year 2025 earnings released: EPS: US$0.89 (vs US$0.88 in FY 2024)Full year 2025 results: EPS: US$0.89 (up from US$0.88 in FY 2024). Revenue: US$206.7m (down 14% from FY 2024). Net income: US$64.6m (flat on FY 2024). Profit margin: 31% (up from 27% in FY 2024). Revenue is forecast to stay flat during the next 2 years compared to a 6.4% growth forecast for the REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
ナラティブの更新 • Dec 15ALEX: Shopping Centers And Buyout Deal Will Offset REIT Fund Flow HeadwindsAnalysts have modestly reduced their price target on Alexander & Baldwin by about $1 to approximately $21 per share. This reflects slightly lower fair value and profit margin expectations, even as projected revenue declines appear less severe and long term earnings multiples compress amid ongoing REIT fund flow headwinds.
Declared Dividend • Dec 12Third quarter dividend increased to US$0.35Dividend of US$0.35 is 56% higher than last year. Ex-date: 19th December 2025 Payment date: 8th January 2026 Dividend yield will be 4.9%, which is higher than the industry average of 4.4%.
New Risk • Dec 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.
Seeking Alpha • Dec 10Alexander & Baldwin: Little Upside After Take-Private DealSummary Alexander & Baldwin is set to be taken private at $21.20/share in an all-cash deal by an investor group that includes funds affiliated with Blackstone Real Estate. Shareholders will receive a $0.35/share dividend in January 2026; post ex-dividend on December 19, 2025, the offer adjusts to $20.85/share. With ALEX trading at ~$20.85/share, only a 1.7% upside remains, justifying a Hold rating. The deal values the company at an enterprise value of $2.3 billion, or 15.1x its 2025 FFO midpoint, with a cap rate of 5.7% for its commercial real estate portfolio. The risks of a higher rival bid or deal collapse are remote, making the current offer the most likely outcome. Read the full article on Seeking Alpha
お知らせ • Mar 13+ 17 more updatesAlexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2500 Value BenchmarkAlexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2500 Value Benchmark
Reported Earnings • Feb 28Full year 2025 earnings released: EPS: US$0.89 (vs US$0.88 in FY 2024)Full year 2025 results: EPS: US$0.89 (up from US$0.88 in FY 2024). Revenue: US$206.7m (down 14% from FY 2024). Net income: US$64.6m (flat on FY 2024). Profit margin: 31% (up from 27% in FY 2024). Revenue is forecast to stay flat during the next 2 years compared to a 6.4% growth forecast for the REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
ナラティブの更新 • Dec 15ALEX: Shopping Centers And Buyout Deal Will Offset REIT Fund Flow HeadwindsAnalysts have modestly reduced their price target on Alexander & Baldwin by about $1 to approximately $21 per share. This reflects slightly lower fair value and profit margin expectations, even as projected revenue declines appear less severe and long term earnings multiples compress amid ongoing REIT fund flow headwinds.
Declared Dividend • Dec 12Third quarter dividend increased to US$0.35Dividend of US$0.35 is 56% higher than last year. Ex-date: 19th December 2025 Payment date: 8th January 2026 Dividend yield will be 4.9%, which is higher than the industry average of 4.4%.
New Risk • Dec 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.
Seeking Alpha • Dec 10Alexander & Baldwin: Little Upside After Take-Private DealSummary Alexander & Baldwin is set to be taken private at $21.20/share in an all-cash deal by an investor group that includes funds affiliated with Blackstone Real Estate. Shareholders will receive a $0.35/share dividend in January 2026; post ex-dividend on December 19, 2025, the offer adjusts to $20.85/share. With ALEX trading at ~$20.85/share, only a 1.7% upside remains, justifying a Hold rating. The deal values the company at an enterprise value of $2.3 billion, or 15.1x its 2025 FFO midpoint, with a cap rate of 5.7% for its commercial real estate portfolio. The risks of a higher rival bid or deal collapse are remote, making the current offer the most likely outcome. Read the full article on Seeking Alpha
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 35%After last week's 35% share price gain to US$20.85, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the REITs industry in the US. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$26.84 per share.
お知らせ • Dec 09+ 1 more updateAlexander & Baldwin, Inc. Announces Dividend for the Fourth Quarter of 2025, Payable on January 8, 2026Alexander & Baldwin, Inc. announced that its Board of Directors approved a fourth quarter 2025 dividend of $0.35 per share. The dividend is payable on January 8, 2026, to shareholders of record as of the close of business on December 19, 2025.
Reported Earnings • Nov 02Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: FFO per share: US$0.3 (down from US$0.39 in 3Q 2024). Revenue: US$51.8m (down 19% from 3Q 2024). Funds from operations (FFO): US$21.4m (down 24% from 3Q 2024). FFO margin: 41% (down from 44% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 33%. Revenue is expected to decline by 5.7% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 5.1%. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Oct 31Alexander & Baldwin, Inc. Raises Its Earnings Guidance for 2025Alexander & Baldwin, Inc. raised its earnings guidance for 2025. For the period, the company expects Net Income (Loss) available to A&B common shareholders per diluted share to be in the range of $0.95 per share to $1 per share compared to previous guidance of $0.91 per share to $0.96 per share.
お知らせ • Oct 10Alexander & Baldwin, Inc. to Report Q3, 2025 Results on Oct 30, 2025Alexander & Baldwin, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025
お知らせ • Oct 04Alexander & Baldwin, Inc. Announces Retirement of Meredith J. Ching, Executive Vice President, External Affairs, Effective December 31, 2025On September 29, 2025, Meredith J. Ching, Executive Vice President, External Affairs, notified Alexander & Baldwin, Inc. of her decision to retire, effective as of December 31, 2025.
Upcoming Dividend • Sep 05Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 12 September 2025. Payment date: 07 October 2025. Trailing yield: 4.6%. Within top quartile of American dividend payers (4.4%). Lower than average of industry peers (5.6%).
New Risk • Jul 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks High level of debt (43% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Declared Dividend • Jul 27Second quarter dividend of US$0.23 announcedShareholders will receive a dividend of US$0.23. Ex-date: 12th September 2025 Payment date: 7th October 2025 Dividend yield will be 4.9%, which is higher than the industry average of 4.4%.
Reported Earnings • Jul 25Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: US$0.35 (up from US$0.16 in 2Q 2024). Revenue: US$51.7m (flat on 2Q 2024). Net income: US$25.2m (up 114% from 2Q 2024). Profit margin: 49% (up from 23% in 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.4%. Revenue is expected to decline by 6.2% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Jul 25Alexander & Baldwin, Inc. Raises Earnings Guidance for 2025Alexander & Baldwin, Inc. raised earnings guidance for 2025. For the period, the company expects Net Income (Loss) available to A&B common shareholders per diluted share to be in the range of $0.91 to $0.96 compared to previous guidance of $0.68 to $0.74.
お知らせ • Jul 24Alexander & Baldwin, Inc. Announces Third Quarter 2025 Dividend, Payable on October 7, 2025Alexander & Baldwin, Inc. announced that its Board of Directors approved a third quarter 2025 dividend of $0.225 (twenty-two and ½ cents) per share. The dividend is payable on October 7, 2025, to shareholders of record as of the close of business on September 12, 2025.
お知らせ • Jul 08Alexander & Baldwin, Inc. to Report Q2, 2025 Results on Jul 24, 2025Alexander & Baldwin, Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025
Major Estimate Revision • Jun 26Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.76 to US$0.84. Revenue forecast unchanged at US$206.7m. Net income forecast to shrink 11% next year vs 9.7% decline forecast for REITs industry in the US. Consensus price target of US$21.00 unchanged from last update. Share price was steady at US$17.87 over the past week.
Upcoming Dividend • Jun 06Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 13 June 2025. Payment date: 09 July 2025. Trailing yield: 5.0%. Within top quartile of American dividend payers (4.8%). Lower than average of industry peers (5.8%).
Declared Dividend • Apr 27First quarter dividend of US$0.23 announcedShareholders will receive a dividend of US$0.23. Ex-date: 13th June 2025 Payment date: 9th July 2025 Dividend yield will be 5.5%, which is higher than the industry average of 4.4%.
Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$0.29 (up from US$0.28 in 1Q 2024). Revenue: US$53.7m (down 13% from 1Q 2024). Net income: US$21.3m (up 5.2% from 1Q 2024). Profit margin: 40% (up from 33% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 87%. Revenue is expected to decline by 5.8% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 3.7%. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
お知らせ • Apr 25Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year of 2025Alexander & Baldwin, Inc. revised earnings guidance for the full year of 2025. For the year, the company expects revised net income available to the company common shareholders per diluted share to be in the range of $0.68 to $0.74 compared to previously expected net income available to the company common shareholders per diluted share to be in the range of $0.64 to $0.71.
お知らせ • Apr 24Alexander & Baldwin, Inc. Announces Second Quarter 2025 Dividend, payable on July 9, 2025Alexander & Baldwin, Inc. announced that its Board of Directors approved a second quarter 2025 dividend of $0.225 (twenty-two and ½ cents) per share. The dividend is payable on July 9, 2025, to shareholders of record as of the close of business on June 13, 2025.
お知らせ • Apr 04Alexander & Baldwin, Inc. to Report Q1, 2025 Results on Apr 24, 2025Alexander & Baldwin, Inc. announced that they will report Q1, 2025 results After-Market on Apr 24, 2025
お知らせ • Mar 12Alexander & Baldwin, Inc., Annual General Meeting, Apr 22, 2025Alexander & Baldwin, Inc., Annual General Meeting, Apr 22, 2025.
Seeking Alpha • Mar 05Alexander & Baldwin: High Quality Hawaiian REIT At A Decent PriceSummary Alexander & Baldwin offers a unique investment in Hawaiian commercial real estate, with strong financial performance and a 5% dividend yield. ALEX's strategy includes monetizing non-core landholdings and reinvesting in industrial development, supported by a low leverage ratio and robust leasing activity. It demonstrates solid FFO growth, high occupancy rates, and a well-covered dividend, making it a compelling choice for income investors. Read the full article on Seeking Alpha
Declared Dividend • Mar 02Fourth quarter dividend of US$0.23 announcedShareholders will receive a dividend of US$0.23. Ex-date: 14th March 2025 Payment date: 7th April 2025 Dividend yield will be 4.9%, which is higher than the industry average of 4.4%.
Reported Earnings • Feb 28Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: US$0.88 (up from US$0.56 in FY 2023). Revenue: US$236.6m (up 12% from FY 2023). Net income: US$64.0m (up 57% from FY 2023). Profit margin: 27% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is expected to decline by 6.9% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 4.1%. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • Feb 28+ 1 more updateAlexander & Baldwin, Inc. Approves Dividend for the First Quarter 2025, Payable on April 7, 2025Alexander & Baldwin, Inc. announced that its board of directors approved a first quarter 2025 dividend of $0.225 per share. The dividend is payable on April 7, 2025, to shareholders of record as of the close of business on March 14, 2025.
お知らせ • Jan 24Alexander & Baldwin, Inc. to Report Q4, 2024 Results on Feb 27, 2025Alexander & Baldwin, Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2025
Buy Or Sell Opportunity • Dec 18Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.4% to US$17.95. The fair value is estimated to be US$22.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Earnings per share has declined by 6.0%. Revenue is forecast to decline by 11% in a year. Earnings are forecast to decline by 18% in the next year.
Declared Dividend • Dec 09Third quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 20th December 2024 Payment date: 8th January 2025 Dividend yield will be 4.6%, which is about the same as the industry average.
お知らせ • Dec 06Alexander & Baldwin, Inc. Announces Dividend for the Fourth Quarter 2024, Payable on January 8, 2025Alexander & Baldwin, Inc. announced that its Board of Directors approved an increased fourth quarter 2024 dividend of $0.225 per share from $0.2225 per share in the previous quarter. The dividend is payable on January 8, 2025, to shareholders of record as of the close of business on December 20, 2024.
Seeking Alpha • Nov 29Alexander & Baldwin: This Rock Solid Hawaiian REIT Is Built To LastSummary Alexander & Baldwin offers exposure to Hawaii with a strong dividend yield and one of the best REIT balance sheets, making it a conservative investment. The company has refocused on Hawaiian real estate, owning 22 retail centers, 13 industrial assets, 4 office properties, and 142 acres of ground lease assets. A&B's low debt-to-asset ratio of 24% and effective interest rate of 4.7% highlight its financial strength, appealing to risk-averse investors. The ongoing simplification plan and strategic land sales are expected to improve FFO and reduce G&A expenses, further strengthening the company's financial position. Read the full article on Seeking Alpha
お知らせ • Oct 26Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year 2024Alexander & Baldwin, Inc. revised earnings guidance for the full year 2024. For the period, the company expects Net Income available to A&B common shareholders per diluted share to be in the range of $0.74 to $0.82 compared to previous guidance of $0.64 to $0.73.
Reported Earnings • Oct 25Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$0.27 (up from US$0.17 in 3Q 2023). Revenue: US$61.9m (up 16% from 3Q 2023). Net income: US$19.3m (up 61% from 3Q 2023). Profit margin: 31% (up from 22% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is expected to decline by 8.5% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 3.9%. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 9% per year.
お知らせ • Oct 08Alexander & Baldwin, Inc. to Report Q3, 2024 Results on Oct 24, 2024Alexander & Baldwin, Inc. announced that they will report Q3, 2024 results After-Market on Oct 24, 2024
新しいナラティブ • Sep 24Risky Land Sales And Volatile Investments Threaten Financial Stability Divesting noncore land and episodic sales may impact future revenues and investor trust with fluctuating financial performance.
Upcoming Dividend • Sep 13Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 07 October 2024. Trailing yield: 4.5%. Within top quartile of American dividend payers (4.4%). Lower than average of industry peers (5.2%).
お知らせ • Sep 11Alexander & Baldwin, Inc. Announces Resignation of Jeffrey W. Pauker as Executive Vice President and Chief Investment Officer, Effective October 25, 2024On September 4, 2024, Jeffrey W. Pauker tendered his resignation as Executive Vice President and Chief Investment Officer of Alexander & Baldwin, Inc., to be effective as of October 25, 2024.
Seeking Alpha • Aug 29Alexander & Baldwin: Low Gearing Will Hurt Returns As Fed Set To Cut Rates (Rating Downgrade)Summary Alexander & Baldwin is a diversified REIT operating exclusively in Hawaii, with the majority of net operating income coming from retail and industrial properties, as well as ground leases. The company also has a legacy Land Operations segment, with a land sale in Q3 2024 contributing to the REIT's 2024 guidance increase. Net debt accounts for just 24% of enterprise value, which coupled with no floating rate debt points to limited benefits from Fed rate cuts. The REIT's valuation appears high with an 18.8x adjusted FFO multiple and a 6.7% market-implied cap rate, suggesting limited upside. Geographic concentration in Hawaii and the uncertain market value of the remaining land portfolio are key risks to consider. Read the full article on Seeking Alpha
お知らせ • Aug 15Alexander & Baldwin, Inc. has filed a Follow-on Equity Offering in the amount of $200 million.Alexander & Baldwin, Inc. has filed a Follow-on Equity Offering in the amount of $200 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering
Price Target Changed • Jul 28Price target increased by 8.9% to US$20.33Up from US$18.67, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of US$19.51. Stock is up 2.7% over the past year. The company is forecast to post earnings per share of US$0.76 for next year compared to US$0.56 last year.
Declared Dividend • Jul 28Second quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 20th September 2024 Payment date: 7th October 2024 Dividend yield will be 4.6%, which is about the same as the industry average.
Reported Earnings • Jul 26Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: US$0.16 (up from US$0.15 in 2Q 2023). Revenue: US$51.0m (down 4.8% from 2Q 2023). Net income: US$11.7m (up 9.7% from 2Q 2023). Profit margin: 23% (up from 20% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 7.1%. Revenue is expected to decline by 6.6% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 5.2%. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Jul 25Alexander & Baldwin, Inc. Approves Third Quarter 2024 Dividend, Payable on October 7, 2024The Board of Directors of Alexander & Baldwin, Inc. approved a third quarter 2024 dividend of $0.2225 per share. The dividend is payable on October 7, 2024, to shareholders of record as of the close of business on September 20, 2024.
お知らせ • Jul 10Alexander & Baldwin, Inc. to Report Q2, 2024 Results on Jul 25, 2024Alexander & Baldwin, Inc. announced that they will report Q2, 2024 results After-Market on Jul 25, 2024
お知らせ • Jul 03Alexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2000 Dynamic IndexAlexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2000 Dynamic Index
Upcoming Dividend • Jun 07Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 08 July 2024. Trailing yield: 5.4%. Within top quartile of American dividend payers (4.7%). In line with average of industry peers (5.8%).
Major Estimate Revision • May 23Consensus EPS estimates increase by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from US$0.60 to US$0.68. Revenue forecast unchanged at US$200.8m. Net income forecast to shrink 7.2% next year vs 12% decline forecast for REITs industry in the US. Consensus price target of US$19.33 unchanged from last update. Share price fell 3.8% to US$16.48 over the past week.
Declared Dividend • Apr 28First quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 14th June 2024 Payment date: 8th July 2024 Dividend yield will be 5.5%, which is higher than the industry average of 4.4%.
お知らせ • Apr 27Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year of 2024Alexander & Baldwin, Inc. revised earnings guidance for the full year of 2024. For the period, CRE Same-Store NOI guidance is in the range of 1.1% to 2.1% compared to previous guidance of 1.0% to 2.0%.
Reported Earnings • Apr 27First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: FFO per share: US$0.4 (up from US$0.26 in 1Q 2023). Revenue: US$61.2m (up 21% from 1Q 2023). Funds from operations (FFO): US$29.2m (up 57% from 1Q 2023). FFO margin: 48% (up from 37% in 1Q 2023). Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 124%. Revenue is expected to decline by 4.3% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Apr 25Alexander & Baldwin, Inc. Approves Dividend for the Second Quarter of 2024, Payable on July 8, 2024The Board of Directors of Alexander & Baldwin, Inc. approved a second quarter 2024 dividend of $0.2225 per share. The dividend is payable on July 8, 2024, to shareholders of record as of the close of business on June 14, 2024.
お知らせ • Apr 18Alexander & Baldwin, Inc. announced that it has received $60 million in fundingAlexander & Baldwin, Inc. announced that it has raised $60 million in debt round of funding from existing lender PGIM, Inc. on April 16, 2024. The company issued unsecured Series M note under the company's existing agreement with Prudential Investment Management, Inc. and its affiliates. The note carries 6.09% fixed rate, and interest on the Series M Note will be paid semi-annually, and the principal balance is due at maturity. The note will mature on April 15, 2032.
お知らせ • Apr 09Alexander & Baldwin, Inc. to Report Q1, 2024 Results on Apr 25, 2024Alexander & Baldwin, Inc. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024
お知らせ • Mar 13Alexander & Baldwin, Inc., Annual General Meeting, Apr 23, 2024Alexander & Baldwin, Inc., Annual General Meeting, Apr 23, 2024, at 08:00 Hawaiian Standard. Agenda: To consider the Election of seven directors; to consider the executive compensation; to consider the ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm; and to transact such other business as properly may be brought before the meeting or any adjournment or postponement thereof.
Upcoming Dividend • Mar 07Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 05 April 2024. Trailing yield: 5.3%. Within top quartile of American dividend payers (4.7%). Lower than average of industry peers (6.2%).
Seeking Alpha • Mar 06Alexander & Baldwin: Above-Expectations Results Support My Favorable ViewSummary Alexander & Baldwin's actual operating revenue and core FFO per share for Q4 2023 surpassed the sell side analysts' consensus forecasts by +8% and +6%, respectively. ALEX sees its FFO generated from the core Commercial Real Estate operations expanding by a high single digit percentage this year. I maintain a Buy rating for Alexander & Baldwin, taking into account its potential for further portfolio restructuring and expense management. Read the full article on Seeking Alpha
Declared Dividend • Mar 03Fourth quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 14th March 2024 Payment date: 5th April 2024 Dividend yield will be 5.3%, which is higher than the industry average of 4.4%.
Reported Earnings • Feb 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$0.56 (up from US$0.51 in FY 2022). Revenue: US$208.9m (down 10.0% from FY 2022). Net income: US$40.8m (up 11% from FY 2022). Profit margin: 20% (up from 16% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) missed analyst estimates by 6.8%. Revenue is forecast to stay flat during the next 2 years compared to a 3.5% growth forecast for the REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Feb 29Alexander & Baldwin, Inc. Declares A First Quarter 2024 Dividend, Payable on April 5, 2024Alexander & Baldwin, Inc.'s Board declared a first quarter 2024 dividend of $0.2225 per share, payable on April 5, 2024, to shareholders of record as of the close of business on March 15, 2024.
お知らせ • Jan 25Alexander & Baldwin, Inc. to Report Q4, 2023 Results on Feb 28, 2024Alexander & Baldwin, Inc. announced that they will report Q4, 2023 results After-Market on Feb 28, 2024
お知らせ • Dec 12Alexander & Baldwin, Inc. Approves Fourth Quarter 2023 Dividend, Payable on January 8, 2024The Board of Directors of Alexander & Baldwin, Inc. approved a fourth quarter 2023 dividend of $0.2225 per share. The dividend is payable on January 8, 2024, to shareholders of record as of the close of business on December 22, 2023.
お知らせ • Nov 17Nan, Inc. acquired Grace Pacific LLC from Alexander & Baldwin, Inc. (NYSE:ALEX).Nan, Inc. acquired Grace Pacific LLC from Alexander & Baldwin, Inc. (NYSE:ALEX) on November 15, 2023. Alexander & Baldwin, Inc., also sold 50% interest in Maui Paving, LLC, a paving company, the combined sales price was $60.0 million. The addition of Grace Pacific , with its talented team of professionals and state-of-the-art facilities, will significantly contribute to the continued success of Nan, Inc. This acquisition demonstrates Nan, Inc.'s commitment to investing in Hawai'i's infrastructure and supporting local job opportunities. Grace Pacific will continue to operate under its well-established brand, and its existing management and staff will remain in place to ensure a seamless transitionNan, Inc. completed the acquisition of Grace Pacific LLC from Alexander & Baldwin, Inc. (NYSE:ALEX) on November 15, 2023.
Price Target Changed • Nov 07Price target decreased by 9.5% to US$19.00Down from US$21.00, the current price target is provided by 1 analyst. New target price is 17% above last closing price of US$16.28. Stock is down 19% over the past year. The company posted earnings per share of US$0.51 last year.
New Risk • Nov 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (21% net profit margin).
Seeking Alpha • Nov 03Alexander & Baldwin: Multiple CatalystsSummary Alexander & Baldwin's current P/FFO valuation multiple is way below its historical average. Alexander & Baldwin's potential catalysts include a faster pace of share repurchases, initiatives to maximize the value of portfolio assets, and earnings beats for Q4 2023 and 2024. I retain my Buy rating for ALEX in consideration of both valuations and catalysts. Read the full article on Seeking Alpha
Buying Opportunity • Oct 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be US$19.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company has become profitable.
お知らせ • Oct 14Alexander & Baldwin, Inc. to Report Q3, 2023 Results on Nov 02, 2023Alexander & Baldwin, Inc. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023
Buying Opportunity • Oct 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be US$20.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company has become profitable.
Upcoming Dividend • Sep 08Upcoming dividend of US$0.22 per share at 5.1% yieldEligible shareholders must have bought the stock before 15 September 2023. Payment date: 04 October 2023. Trailing yield: 5.1%. Within top quartile of American dividend payers (4.9%). Higher than average of industry peers (4.4%).
Seeking Alpha • Aug 15Alexander & Baldwin: Maui Wildfires Create Downside RiskSummary Alexander & Baldwin is a pure-play Hawaiian operator of commercial real estate properties. Though operations are centered on the Island of Oahu, the company's overall concentration on the Hawaiian Island chain exposes them to significant risks resulting from the 2023 Maui Wildfires. Rising insurance premiums and disruptions in the ongoing disposition efforts of Grace Pacific are two visible risks. While significant risks are present, I am maintaining a "hold" view on shares until further developments are released by the management team. Read the full article on Seeking Alpha
New Risk • Jul 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 19% Last year net profit margin: 33% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Dividend is not well covered by cash flows (150% cash payout ratio). Profit margins are more than 30% lower than last year (19% net profit margin).
