Sidoti Csr Boosts Earnings Estimates for Alexander & Baldwin

Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) – Analysts at Sidoti Csr raised their Q2 2025 EPS estimates for shares of Alexander & Baldwin in a research report issued to clients and investors on Wednesday, July 16th. Sidoti Csr analyst B. Mccarthy now forecasts that the financial services provider will post earnings of $0.43 per share for the quarter, up from their prior estimate of $0.28. The consensus estimate for Alexander & Baldwin’s current full-year earnings is $1.35 per share.

Alexander & Baldwin Stock Up 0.2%

ALEX opened at $17.69 on Friday. The company has a fifty day moving average price of $17.83 and a 200-day moving average price of $17.54. The firm has a market capitalization of $1.29 billion, a P/E ratio of 20.81 and a beta of 1.01. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.31 and a quick ratio of 0.31. Alexander & Baldwin has a one year low of $15.70 and a one year high of $20.30.

Alexander & Baldwin Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Friday, June 13th were paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date of this dividend was Friday, June 13th. Alexander & Baldwin’s dividend payout ratio is 105.88%.

Institutional Investors Weigh In On Alexander & Baldwin

Institutional investors have recently made changes to their positions in the company. Bank of Montreal Can raised its position in shares of Alexander & Baldwin by 2.3% during the 4th quarter. Bank of Montreal Can now owns 27,594 shares of the financial services provider’s stock valued at $490,000 after purchasing an additional 615 shares during the period. PNC Financial Services Group Inc. increased its holdings in Alexander & Baldwin by 3.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 19,810 shares of the financial services provider’s stock valued at $341,000 after acquiring an additional 621 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Alexander & Baldwin by 3.4% in the 4th quarter. American Century Companies Inc. now owns 24,188 shares of the financial services provider’s stock worth $429,000 after buying an additional 797 shares in the last quarter. 1620 Investment Advisors Inc. grew its stake in shares of Alexander & Baldwin by 4.4% in the 4th quarter. 1620 Investment Advisors Inc. now owns 20,937 shares of the financial services provider’s stock worth $371,000 after buying an additional 879 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its stake in shares of Alexander & Baldwin by 0.6% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 154,562 shares of the financial services provider’s stock worth $2,742,000 after buying an additional 948 shares in the last quarter. Hedge funds and other institutional investors own 91.29% of the company’s stock.

Alexander & Baldwin Company Profile

Alexander & Baldwin, Inc engages in the real estate business. It operates through the Commercial Real Estate and Land Operations segments. The Commercial Real Estate segment includes investments and acquisitions, construction and development, and in-house leasing and property management. The Land Operations segment consists of legacy landholdings, assets, and liabilities subject to the company’s simplification and monetization effort.