Alexander & Baldwin, Inc.

ALEX

US0144911049

Diversified REITs

Market Closed - Nyse Other stock markets 01:30:02 09/05/2024 am IST			After market 04:44:44 am
16.72 ^USD	+0.60%		16.56	-0.93%

25/04	Transcript : Alexander & Baldwin, Inc., Q1 2024 Earnings Call, Apr 25, 2024
25/04	Earnings Flash (ALEX) ALEXANDER & BALDWIN Reports Q1 Revenue $61.2M	MT

Alexander & Baldwin, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023

May 05, 2023 at 01:35 am IST

Alexander & Baldwin, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 47.9 million compared to USD 46.3 million a year ago. Revenue was USD 50.4 million compared to USD 59.2 million a year ago.

Net income was USD 5.3 million compared to USD 10.5 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to USD 0.13 a year ago.

Basic earnings per share was USD 0.07 compared to USD 0.14 a year ago. Diluted earnings per share was USD 0.07 compared to USD 0.14 a year ago.

Latest news about Alexander & Baldwin, Inc.

Transcript : Alexander & Baldwin, Inc., Q1 2024 Earnings Call, Apr 25, 2024	26/04
Earnings Flash (ALEX) ALEXANDER & BALDWIN Reports Q1 Revenue $61.2M	26/04	MT
Alexander & Baldwin, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	26/04	CI
Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year of 2024	26/04	CI
Alexander & Baldwin, Inc. Approves Dividend for the Second Quarter of 2024, Payable on July 8, 2024	25/04	CI
Alexander & Baldwin Completes $60 Million Debt Placement	17/04	MT
Alexander & Baldwin, Inc. Announces $60 Million, 6.09% Fixed Rate Financing Maturing in 2032	17/04	CI
Alexander & Baldwin, Inc. announced that it has received $60 million in funding	16/04	CI
Piper Sandler Cuts Alexander & Baldwin Price Target to $17 From $19, Maintains Neutral Rating	14/03	MT
Transcript : Alexander & Baldwin, Inc. Presents at Citi's 2024 Global Property CEO Conference, Mar-06-2024 08:50 AM	06/03
Tranche Update on Alexander & Baldwin, Inc.'s Equity Buyback Plan announced on February 29, 2024.	29/02	CI
Alexander & Baldwin, Inc. announces an Equity Buyback for $100 million worth of its shares.	29/02	CI
Transcript : Alexander & Baldwin, Inc., Q4 2023 Earnings Call, Feb 28, 2024	29/02
Tranche Update on Alexander & Baldwin, Inc.'s Equity Buyback Plan announced on November 5, 2021.	29/02	CI
Alexander & Baldwin, Inc. Declares A First Quarter 2024 Dividend, Payable on April 5, 2024	29/02	CI
Alexander & Baldwin, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	29/02	CI
Earnings Flash (ALEX) ALEXANDER & BALDWIN Reports Q4 Revenue $52.9M	29/02	MT
(ALEX) ALEXANDER & BALDWIN Sees Fiscal Year 2024 EPS Range $0.80 - $0.90	29/02	MT
Alexander & Baldwin, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	29/02	CI
Alexander & Baldwin, Inc. Announces Build-to-Suit Lease and Two Sales at its Maui Business Park Phase II Project in Kahului, Maui	22/02	CI
Alexander & Baldwin, Inc.'s Equity Buyback announced on November 5, 2021, has expired with 458,501 shares, representing 0.63% for $7.6 million.	31/12	CI
Janney Capital Starts Coverage on Alexander & Baldwin with Buy Rating, $20 Price Target	12/12	MT
Alexander & Baldwin Raises Quarterly Dividend to $0.2225 a Share, Payable Jan. 8 to Shareholders of Record Dec. 22	12/12	MT
Alexander & Baldwin, Inc. Approves Fourth Quarter 2023 Dividend, Payable on January 8, 2024	12/12	CI
JMP Securities Starts Coverage on Alexander & Baldwin with Market Perform Rating	29/11	MT

Chart Alexander & Baldwin, Inc.

Duration

Period

More charts

Company Profile

Alexander & Baldwin, Inc. (A&B) is a real estate investment trust (REIT). The Company is focused on owning, operating, and developing commercial real estate. The Company operate through two segments: Commercial Real Estate and Land Operations. The Commercial Real Estate segment functions as a vertically integrated real estate investment company with competencies in investments and acquisitions, including identifying opportunities and acquiring properties; construction and development, including designing and ground-up development of new properties and in-house leasing and property management. The Land Operations segment includes the Company's landholdings, assets, and liabilities that are subject to the Company's simplification and monetization effort. It owns, operates, and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 13 industrial assets and four office properties, as well as 142 acres of ground leases.

Sector

Diversified REITs

Calendar

14/06/2024 - Ex-dividend day

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Alexander & Baldwin, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

16.72 USD

Average target price

19.33 USD

Spread / Average Target

+15.63%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Diversified REITs

	1st Jan change	Capi.
ALEXANDER & BALDWIN, INC.	-12.09%	1.21B
W. P. CAREY INC.	-12.37%	12.43B
GECINA	-9.22%	7.92B
LAND SECURITIES GROUP PLC	-3.09%	5.72B
MIRVAC GROUP	-0.48%	5.45B
THE GPT GROUP	-8.62%	5.35B
BRITISH LAND COMPANY PLC	+4.05%	4.85B
NOMURA REAL ESTATE MASTER FUND, INC.	-5.88%	4.66B
ESSENTIAL PROPERTIES REALTY TRUST, INC.	+5.67%	4.74B
DAIWA HOUSE REIT INVESTMENT CORPORATION	+5.20%	3.95B

Diversified REITs