ALEX
Alexander & BaldwinALEX
ALEX
About: Alexander & Baldwin Inc operates in the real estate sector. It functions through two segments namely Commercial Real Estate and Land Operations. The Commercial Real Estate segment owns and manages retail, industrial spaces and also urban ground leases in Hawaii, thereby accounting for majority of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. Geographically, the activities are carried out across the United States.
Employees: 104
0
Funds holding %
of 6,815 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
164% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 14
10% more capital invested
Capital invested by funds: $1.08B [Q2] → $1.18B (+$108M) [Q3]
10% more funds holding
Funds holding: 220 [Q2] → 241 (+21) [Q3]
8% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 79
2.41% less ownership
Funds ownership: 87.46% [Q2] → 85.05% (-2.41%) [Q3]
88% less call options, than puts
Call options by funds: $42K | Put options by funds: $341K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$23
32%
upside
Avg. target
$23
32%
upside
High target
$23
32%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Piper Sandler Alexander Goldfarb 32% 1-year accuracy 13 / 41 met price target | 32%upside $23 | Overweight Reiterated | 25 Oct 2024 |
Financial journalist opinion
Based on 3 articles about ALEX published over the past 30 days
Positive
Zacks Investment Research
13 hours ago
Best Income Stocks to Buy for January 14th
PSTL, TEF and ALEX made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 14, 2025.
Negative
Zacks Investment Research
3 weeks ago
After Plunging -7.9% in 4 Weeks, Here's Why the Trend Might Reverse for Alexander & Baldwin Holdings (ALEX)
The heavy selling pressure might have exhausted for Alexander & Baldwin Holdings (ALEX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Positive
Zacks Investment Research
4 weeks ago
3 Reasons Why Growth Investors Shouldn't Overlook Alexander & Baldwin Holdings (ALEX)
Alexander & Baldwin Holdings (ALEX) could produce exceptional returns because of its solid growth attributes.
Positive
Seeking Alpha
1 month ago
Goldilocks Data Upholds Fed Cut
U.S. equity markets climbed to fresh record-highs this week, while benchmark interest rates ticked lower, after a critical slate of employment data showed lukewarm labor market trends in November. Viewed as a "Goldilocks" report that effectively locked in a December rate cut, payrolls data showed solid "headline" job growth of 227k in November, but notably weaker trends under the surface. Posting gains for a third straight week to extend its post-election rally to around 7%, the S&P 500 advanced another 0.9% this week - pacing for its best year since 2019.
Neutral
PRNewsWire
1 month ago
Alexander & Baldwin Announces Fourth Quarter 2024 Dividend
HONOLULU , Dec. 5, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced that its Board of Directors approved an increased fourth quarter 2024 dividend of $0.225 (twenty-two and ½ cents) per share from $0.2225 (twenty-two and ¼ cents) 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.
Positive
Seeking Alpha
1 month ago
12 REITs Poised For Potential Outperformance
As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpass higher-yielding stocks over time, offering better yield on cost. Dividend growers often outperform the REIT average in total returns, driven by strong AFFO growth and superior gains in stock price.
Positive
Zacks Investment Research
1 month ago
Is Alexander & Baldwin Holdings (ALEX) a Solid Growth Stock? 3 Reasons to Think "Yes"
Alexander & Baldwin Holdings (ALEX) possesses solid growth attributes, which could help it handily outperform the market.
Positive
Seeking Alpha
1 month ago
Alexander & Baldwin: This Rock Solid Hawaiian REIT Is Built To Last
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.
Positive
Zacks Investment Research
2 months ago
Alexander & Baldwin Holdings (ALEX) is an Incredible Growth Stock: 3 Reasons Why
Alexander & Baldwin Holdings (ALEX) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Positive
Zacks Investment Research
2 months ago
3 Reasons Growth Investors Will Love Alexander & Baldwin Holdings (ALEX)
Alexander & Baldwin Holdings (ALEX) possesses solid growth attributes, which could help it handily outperform the market.
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