<div id="readability-page-1"><p>Alexander &amp; Baldwin (NYSE:ALEX - Get Free Report) released its earnings results on Friday. The financial services provider reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by ($0.21), FiscalAI reports. The firm had revenue of $50.99 million during the quarter, compared to the consensus estimate of $49.99 million. Alexander &amp; Baldwin had a return on equity of 7.29% and a net margin of 33.62%.</p><div><p><span></span><span>Get <strong>Alexander &amp; Baldwin</strong> alerts:</span></p></div><h2>Alexander &amp; Baldwin Price Performance</h2><p>NYSE:ALEX traded down $0.01 during mid-day trading on Friday, hitting $20.80. The company's stock had a trading volume of 1,140,692 shares, compared to its average volume of 706,779. Alexander &amp; Baldwin has a fifty-two week low of $15.07 and a fifty-two week high of $21.03. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 20.59 and a beta of 0.92. The stock has a fifty day moving average of $20.74 and a 200-day moving average of $18.70. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.47. </p><h2>Alexander &amp; Baldwin Increases Dividend</h2><p>The business also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Friday, December 19th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 6.7%. This is an increase from Alexander &amp; Baldwin's previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, December 19th. Alexander &amp; Baldwin's payout ratio is presently 138.61%. </p><h2>Analyst Ratings Changes</h2><p>A number of research firms recently weighed in on ALEX. Janney Montgomery Scott cut Alexander &amp; Baldwin from a &#34;buy&#34; rating to a &#34;neutral&#34; rating and set a $21.00 price target for the company. in a report on Wednesday, December 10th. Piper Sandler cut Alexander &amp; Baldwin from an &#34;overweight&#34; rating to a &#34;neutral&#34; rating and set a $21.00 price objective for the company. in a research note on Tuesday, December 9th. Weiss Ratings upgraded shares of Alexander &amp; Baldwin from a &#34;hold (c+)&#34; rating to a &#34;buy (b-)&#34; rating in a research note on Friday, January 30th. iA Financial  set a $20.85 price target on shares of Alexander &amp; Baldwin in a research report on Wednesday, December 10th. Finally, Alliance Global Partners cut Alexander &amp; Baldwin from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Wednesday, December 10th. One equities research analyst  has rated the stock with a Buy rating and four have assigned  a Hold rating to the company's stock. According to data from MarketBeat.com, the stock  has an average rating of &#34;Hold&#34; and an average target price of $20.95.</p><p><b>View Our Latest Research Report on Alexander &amp; Baldwin</b></p><h2>Institutional Trading of Alexander &amp; Baldwin</h2><p>Several institutional investors have recently added to or reduced their stakes in ALEX. Triumph Capital Management boosted its holdings in  Alexander &amp; Baldwin by 2.8% during the 4th quarter. Triumph Capital Management now owns 20,066 shares of the financial services provider's stock valued at $414,000 after acquiring an additional 542 shares during the period.  Polymer Capital Management US LLC increased its holdings in  Alexander &amp; Baldwin by 4.2% in the 3rd quarter. Polymer Capital Management US LLC now owns 17,293 shares of the financial services provider's stock worth $315,000 after acquiring an additional 703 shares in the last quarter.  O Shaughnessy Asset Management LLC lifted its holdings in  Alexander &amp; Baldwin by 3.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 26,029 shares of the financial services provider's stock worth $537,000 after purchasing an additional 784 shares in the last quarter.  Metis Global Partners LLC increased its stake in  Alexander &amp; Baldwin by 5.0% in the 4th quarter. Metis Global Partners LLC now owns 17,214 shares of the financial services provider's stock worth $355,000 after acquiring an additional 816 shares during the last quarter.  Finally, Daiwa Securities Group Inc. increased its position in shares of  Alexander &amp; Baldwin by 3.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 25,974 shares of the financial services provider's stock valued at $463,000 after purchasing an additional 884 shares during the last quarter. 91.29% of the stock is currently owned by institutional investors. </p><h2>About Alexander &amp; Baldwin</h2> (Get Free Report)<p>Founded in 1870 by Samuel T. Alexander and Henry P. Baldwin as a sugarcane plantation on Maui, Alexander &amp; Baldwin, Inc <span>NYSE: ALEX<span></span></span> today operates as a Hawai‘i-focused real estate investment trust headquartered in Honolulu. The company transitioned from its agricultural origins into a diversified real estate owner, operator and developer, completing its conversion to a REIT structure in late 2019 to align its corporate governance with its core property portfolio.  </p><p>Alexander &amp; Baldwin's commercial real estate arm spans office, retail, industrial and hospitality properties across the four major Hawaiian Islands.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Alexander &amp; Baldwin</li><li>The gold chart Wall Street is terrified of…</li><li>This makes me furious</li><li>America’s 1776 happening again</li><li>Buy this Gold Stock Before May 2026</li><li>“Fed Proof” Your Bank Account with THESE 4 Simple Steps</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMRVg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMRVg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alexander &amp; Baldwin Right Now?</h2><p>Before you consider Alexander &amp; Baldwin, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alexander &amp; Baldwin wasn't on the list.</p><p>While Alexander &amp; Baldwin currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ALEX

<p>Alexander & Baldwin (NYSE:ALEX) reported quarterly earnings of $0.05 per share, missing estimates by $0.21. Revenue was $50.99 million, exceeding expectations of $49.99 million. The company has a net margin of 33.62% and a return on equity of 7.29%. A quarterly dividend of $0.35 was announced, up from $0.23, with a yield of 6.7%. Analyst ratings have varied, with some downgrading the stock to 'neutral' and others upgrading it to 'buy'. Institutional ownership stands at 91.29%.</p>

Alexander & Baldwin (NYSE:ALEX) Posts Earnings Results, Misses Expectations By $0.21 EPS