Alexander & Baldwin, Inc. ("A&B") is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. More Details
Moderate growth potential unattractive dividend payer.
Share Price & News
How has Alexander & Baldwin's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALEX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ALEX's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ALEX exceeded the US REITs industry which returned 36% over the past year.
Return vs Market: ALEX exceeded the US Market which returned 39.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Alexander & Baldwin's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StAlexander & Baldwin, Inc.'s (NYSE:ALEX) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
2 months ago | Simply Wall StSome Alexander & Baldwin, Inc. (NYSE:ALEX) Analysts Just Made A Major Cut To Next Year's Estimates
3 months ago | Simply Wall StWhat You Need To Know About Alexander & Baldwin, Inc.'s (NYSE:ALEX) Investor Composition
Is Alexander & Baldwin undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ALEX ($18.6) is trading above our estimate of fair value ($17.95)
Significantly Below Fair Value: ALEX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ALEX is poor value based on its PE Ratio (137.3x) compared to the US REITs industry average (48.5x).
PE vs Market: ALEX is poor value based on its PE Ratio (137.3x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: ALEX is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: ALEX is good value based on its PB Ratio (1.2x) compared to the US REITs industry average (1.9x).
How is Alexander & Baldwin forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALEX's forecast earnings growth (27.4% per year) is above the savings rate (2%).
Earnings vs Market: ALEX's earnings (27.4% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ALEX's revenue (4.9% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: ALEX's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ALEX's Return on Equity is forecast to be high in 3 years time
How has Alexander & Baldwin performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALEX has a large one-off gain of $3.8M impacting its March 31 2021 financial results.
Growing Profit Margin: ALEX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ALEX's earnings have declined by 28.2% per year over the past 5 years.
Accelerating Growth: ALEX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ALEX has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (-8.8%).
Return on Equity
High ROE: ALEX's Return on Equity (0.9%) is considered low.
How is Alexander & Baldwin's financial position?
Financial Position Analysis
Short Term Liabilities: ALEX's short term assets ($201.4M) exceed its short term liabilities ($106.2M).
Long Term Liabilities: ALEX's short term assets ($201.4M) do not cover its long term liabilities ($779.4M).
Debt to Equity History and Analysis
Debt Level: ALEX's debt to equity ratio (58.9%) is considered high.
Reducing Debt: ALEX's debt to equity ratio has increased from 55.7% to 58.9% over the past 5 years.
Debt Coverage: ALEX's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: ALEX's interest payments on its debt are not well covered by EBIT (1.2x coverage).
What is Alexander & Baldwin current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ALEX's dividend (3.44%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: ALEX's dividend (3.44%) is low compared to the top 25% of dividend payers in the US market (3.56%).
Stability and Growth of Payments
Stable Dividend: ALEX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ALEX's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45%), ALEX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Benjamin (58 yo)
Mr. Christopher J. Benjamin, also known as Chris, has been the President of Alexander & Baldwin, Inc., since June 2012 and has been its Chief Executive Officer since January 1, 2016. Mr. Benjamin served as...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD3.47M) is about average for companies of similar size in the US market ($USD3.72M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Experienced Management: ALEX's management team is considered experienced (3.5 years average tenure).
Experienced Board: ALEX's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Alexander & Baldwin, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Alexander & Baldwin, Inc.
- Ticker: ALEX
- Exchange: NYSE
- Founded: 1870
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: US$1.348b
- Shares outstanding: 72.47m
- Website: https://www.alexanderbaldwin.com
Number of Employees
- Alexander & Baldwin, Inc.
- 822 Bishop Street
- Post Office Box 3440
- United States
Alexander & Baldwin, Inc. ("A&B") is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/24 23:22|
|End of Day Share Price||2021/07/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.