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Real Estate - REIT - Diversified - NYSE - US
$ 19.3
1.15 %
$ 1.4 B
Market Cap
23.54
P/E
1. INTRINSIC VALUE

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 approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, approximately 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets.[ Read More ]

The intrinsic value of one ALEX stock under the base case scenario is HIDDEN Compared to the current market price of 19.3 USD, Alexander & Baldwin, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ALEX

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FINANCIALS
209 M REVENUE
-9.37%
64.6 M OPERATING INCOME
-19.35%
33 M NET INCOME
166.67%
67.1 M OPERATING CASH FLOW
97.35%
7.1 M INVESTING CASH FLOW
-84.08%
-94.9 M FINANCING CASH FLOW
17.62%
61.9 M REVENUE
21.35%
22.1 M OPERATING INCOME
-4.30%
19 M NET INCOME
62.03%
35.3 M OPERATING CASH FLOW
58.31%
-32.8 M INVESTING CASH FLOW
-641.21%
-14.2 M FINANCING CASH FLOW
-249.95%
Balance Sheet Decomposition Alexander & Baldwin, Inc.
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Current Assets 55.8 M
Cash & Short-Term Investments 13.5 M
Receivables 28.1 M
Other Current Assets 14.2 M
Non-Current Assets 47.8 M
Long-Term Investments 11 M
PP&E 1.7 M
Other Non-Current Assets 35.1 M
Current Liabilities 76.2 M
Accounts Payable 5.8 M
Short-Term Debt 0
Other Current Liabilities 70.4 M
Non-Current Liabilities 567 M
Long-Term Debt 468 M
Other Non-Current Liabilities 99.5 M
EFFICIENCY
Earnings Waterfall Alexander & Baldwin, Inc.
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Revenue 209 M
Cost Of Revenue 70.3 M
Gross Profit 139 M
Operating Expenses 34 M
Operating Income 64.6 M
Other Expenses 31.6 M
Net Income 33 M
RATIOS
66.35% GROSS MARGIN
66.35%
30.92% OPERATING MARGIN
30.92%
14.27% NET MARGIN
14.27%
2.97% ROE
2.97%
1.81% ROA
1.81%
4.41% ROIC
4.41%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Alexander & Baldwin, Inc.
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Net Income 33 M
Depreciation & Amortization 36.8 M
Capital Expenditures -31.2 M
Stock-Based Compensation 6.1 M
Change in Working Capital -12.8 M
Others -6.5 M
Free Cash Flow 35.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Alexander & Baldwin, Inc.
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Wall Street analysts predict an average 1-year price target for ALEX of $20 , with forecasts ranging from a low of $17 to a high of $22 .
ALEX Lowest Price Target Wall Street Target
17 USD -11.92%
ALEX Average Price Target Wall Street Target
20 USD 3.63%
ALEX Highest Price Target Wall Street Target
22 USD 13.99%
4. DIVIDEND ANALYSIS
1.16% DIVIDEND YIELD
0.223 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Alexander & Baldwin, Inc.
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Sold
0-3 MONTHS
13.5 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 days ago
Nov 15, 2024
Sell 13.5 K USD
CHING MEREDITH J
Exec. VP, External Affairs
- 700
19.2541 USD
4 years ago
Nov 11, 2020
Sell 498 K USD
CHUN NELSON N S
Executive Vice Pres. & CLO
- 31291
15.9 USD
4 years ago
Mar 17, 2020
Bought 97.3 K USD
PASQUALE DOUGLAS M
Director
+ 10000
9.7285 USD
4 years ago
Mar 17, 2020
Bought 9.61 K USD
BENJAMIN CHRISTOPHER J
President & CEO
+ 1000
9.6123 USD
4 years ago
Mar 17, 2020
Bought 112 K USD
Harrison Robert S
Director
+ 11000
10.1479 USD
4 years ago
Mar 16, 2020
Bought 21.6 K USD
BENJAMIN CHRISTOPHER J
President & CEO
+ 2000
10.8 USD
4 years ago
Mar 12, 2020
Bought 12.7 K USD
BENJAMIN CHRISTOPHER J
President & CEO
+ 1000
12.7251 USD
4 years ago
Mar 12, 2020
Bought 13.3 K USD
BENJAMIN CHRISTOPHER J
President & CEO
+ 1000
13.313 USD
4 years ago
Mar 11, 2020
Bought 14.7 K USD
BENJAMIN CHRISTOPHER J
President & CEO
+ 1000
14.7 USD
4 years ago
Mar 11, 2020
Bought 15.2 K USD
BENJAMIN CHRISTOPHER J
President & CEO
+ 1000
15.25 USD
4 years ago
Mar 09, 2020
Bought 15.6 K USD
Brown Brett A
CFO and Exec. Vice President
+ 1000
15.55 USD
4 years ago
Mar 09, 2020
Bought 15.7 K USD
BENJAMIN CHRISTOPHER J
President & CEO
+ 1000
15.749 USD
4 years ago
Mar 09, 2020
Bought 16.3 K USD
BENJAMIN CHRISTOPHER J
President & CEO
+ 1000
16.3 USD
4 years ago
Mar 06, 2020
Bought 16.9 K USD
BENJAMIN CHRISTOPHER J
President & CEO
+ 1000
16.9 USD
4 years ago
Mar 06, 2020
Bought 17 K USD
BENJAMIN CHRISTOPHER J
President & CEO
+ 1000
17 USD
4 years ago
Feb 12, 2020
Sell 146 K USD
KURIYAMA STANLEY M
Director
- 6300
23.1 USD
4 years ago
Jan 16, 2020
Sell 136 K USD
KURIYAMA STANLEY M
Director
- 6300
21.65 USD
4 years ago
Dec 26, 2019
Sell 131 K USD
KURIYAMA STANLEY M
Director
- 6300
20.75 USD
4 years ago
Nov 21, 2019
Sell 140 K USD
KURIYAMA STANLEY M
Director
- 6300
22.21 USD
5 years ago
Oct 17, 2019
Sell 154 K USD
KURIYAMA STANLEY M
Director
- 6300
24.37 USD
5 years ago
Sep 19, 2019
Sell 155 K USD
KURIYAMA STANLEY M
Director
- 6300
24.54 USD
5 years ago
Aug 28, 2019
Sell 143 K USD
KURIYAMA STANLEY M
Director
- 6300
22.706 USD
5 years ago
Aug 07, 2019
Sell 193 K USD
DOANE W ALLEN JR
Director
- 8529
22.6116 USD
5 years ago
Jul 18, 2019
Sell 143 K USD
KURIYAMA STANLEY M
Director
- 6300
22.74 USD
5 years ago
Jul 10, 2019
Sell 235 K USD
DOANE W ALLEN JR
Director
- 10000
23.4868 USD
5 years ago
Jun 26, 2019
Sell 141 K USD
KURIYAMA STANLEY M
Director
- 6300
22.35 USD
5 years ago
Jun 12, 2019
Sell 235 K USD
DOANE W ALLEN JR
Director
- 10000
23.4769 USD
5 years ago
Jun 12, 2019
Sell 1.24 M USD
BENJAMIN CHRISTOPHER J
President & CEO
- 52690
23.5359 USD
5 years ago
May 22, 2019
Sell 147 K USD
KURIYAMA STANLEY M
Director
- 6300
23.27 USD
5 years ago
Apr 18, 2019
Sell 149 K USD
KURIYAMA STANLEY M
Director
- 6300
23.58 USD
5 years ago
Mar 27, 2019
Sell 154 K USD
KURIYAMA STANLEY M
Director
- 6300
24.48 USD
5 years ago
Feb 06, 2019
Sell 148 K USD
KURIYAMA STANLEY M
Director
- 6300
23.57 USD
5 years ago
Jan 18, 2019
Sell 139 K USD
KURIYAMA STANLEY M
Director
- 6300
22 USD
5 years ago
Dec 07, 2018
Sell 127 K USD
KURIYAMA STANLEY M
Director
- 6300
20.16 USD
6 years ago
Nov 07, 2018
Sell 135 K USD
KURIYAMA STANLEY M
Director
- 6300
21.4581 USD
6 years ago
Oct 03, 2018
Sell 136 K USD
KURIYAMA STANLEY M
Director
- 6300
21.65 USD
6 years ago
Sep 20, 2018
Sell 20.2 USD
YEAMAN ERIC K
Director
- 0.878
23.02 USD
6 years ago
Sep 05, 2018
Sell 145 K USD
KURIYAMA STANLEY M
Director
- 6300
22.96 USD
6 years ago
Aug 15, 2018
Sell 148 K USD
KURIYAMA STANLEY M
Director
- 6300
23.51 USD
6 years ago
Jul 11, 2018
Sell 158 K USD
KURIYAMA STANLEY M
Director
- 6300
25.07 USD
6 years ago
Jun 29, 2018
Sell 260 K USD
DOANE W ALLEN JR
Director
- 11250
23.1352 USD
6 years ago
Jun 06, 2018
Sell 137 K USD
KURIYAMA STANLEY M
Director
- 6300
21.67 USD
6 years ago
May 16, 2018
Sell 134 K USD
KURIYAMA STANLEY M
Director
- 6300
21.26 USD
6 years ago
May 14, 2018
Sell 55.8 K USD
Hulihee David C
Director
- 2502
22.3 USD
6 years ago
May 11, 2018
Sell 183 K USD
Hulihee David C
Director
- 8101
22.5556 USD
6 years ago
Apr 04, 2018
Sell 142 K USD
KURIYAMA STANLEY M
Director
- 6300
22.57 USD
6 years ago
Mar 14, 2018
Sell 153 K USD
KURIYAMA STANLEY M
Director
- 6300
24.3 USD
6 years ago
Jan 10, 2018
Sell 173 K USD
KURIYAMA STANLEY M
Director
- 6300
27.45 USD
6 years ago
Dec 13, 2017
Sell 144 K USD
BENJAMIN CHRISTOPHER J
President & CEO
- 5000
28.85 USD
6 years ago
Dec 15, 2017
Sell 144 K USD
BENJAMIN CHRISTOPHER J
President & CEO
- 5000
28.85 USD
7 years ago
Nov 15, 2017
Sell 185 K USD
KURIYAMA STANLEY M
Director
- 4250
43.56 USD
7 years ago
Oct 04, 2017
Sell 198 K USD
KURIYAMA STANLEY M
Director
- 4250
46.67 USD
7 years ago
Sep 06, 2017
Sell 186 K USD
KURIYAMA STANLEY M
Director
- 4250
43.7 USD
7 years ago
Aug 16, 2017
Sell 185 K USD
KURIYAMA STANLEY M
Director
- 4250
43.45 USD
7 years ago
Jul 12, 2017
Sell 177 K USD
KURIYAMA STANLEY M
Director
- 4250
41.7482 USD
7 years ago
Jun 01, 2017
Sell 169 K USD
KURIYAMA STANLEY M
Director
- 4250
39.68 USD
7 years ago
May 09, 2017
Sell 178 K USD
KURIYAMA STANLEY M
Director
- 4250
41.93 USD
7 years ago
Apr 11, 2017
Sell 188 K USD
KURIYAMA STANLEY M
Director
- 4250
44.15 USD
7 years ago
Mar 09, 2017
Sell 185 K USD
KURIYAMA STANLEY M
Director
- 4250
43.56 USD
7 years ago
Feb 09, 2017
Sell 187 K USD
KURIYAMA STANLEY M
Director
- 4250
44.0288 USD
7 years ago
Jan 11, 2017
Sell 186 K USD
KURIYAMA STANLEY M
Director
- 4250
43.8 USD
7 years ago
Dec 09, 2016
Sell 195 K USD
KURIYAMA STANLEY M
Executive Chairman
- 4250
45.86 USD
8 years ago
Nov 16, 2016
Sell 431 K USD
DOANE W ALLEN JR
Director
- 10000
43.0763 USD
8 years ago
Nov 17, 2016
Sell 437 K USD
DOANE W ALLEN JR
Director
- 10000
43.7267 USD
8 years ago
Nov 18, 2016
Sell 433 K USD
DOANE W ALLEN JR
Director
- 10000
43.349 USD
8 years ago
Nov 09, 2016
Sell 171 K USD
KURIYAMA STANLEY M
Executive Chairman
- 4250
40.29 USD
8 years ago
Oct 11, 2016
Sell 161 K USD
KURIYAMA STANLEY M
Executive Chairman
- 4250
37.77 USD
8 years ago
Sep 12, 2016
Sell 163 K USD
KURIYAMA STANLEY M
Executive Chairman
- 4250
38.3464 USD
8 years ago
Aug 09, 2016
Sell 173 K USD
KURIYAMA STANLEY M
Executive Chairman
- 4250
40.82 USD
8 years ago
Jul 12, 2016
Sell 159 K USD
KURIYAMA STANLEY M
Executive Chairman
- 4250
37.4381 USD
8 years ago
Jun 17, 2016
Bought 182 K USD
Hulihee David C
Director
+ 5000
36.4182 USD
8 years ago
Jun 17, 2016
Bought 182 K USD
Hulihee David C
Director
+ 5000
36.4264 USD
8 years ago
Jun 14, 2016
Bought 3.55 K USD
Hulihee David C
Director
+ 97
36.62 USD
8 years ago
Jun 13, 2016
Bought 52 K USD
Hulihee David C
Director
+ 1403
37.067 USD
8 years ago
Jun 13, 2016
Bought 55.6 K USD
Hulihee David C
Director
+ 1500
37.0876 USD
8 years ago
Jun 09, 2016
Sell 164 K USD
KURIYAMA STANLEY M
Executive Chairman
- 4250
38.64 USD
8 years ago
Jun 02, 2016
Bought 19.4 K USD
Hulihee David C
Director
+ 514
37.7514 USD
8 years ago
Jun 01, 2016
Bought 3.71 K USD
Hulihee David C
Director
+ 100
37.11 USD
8 years ago
May 27, 2016
Bought 36.8 K USD
Hulihee David C
Director
+ 1000
36.7525 USD
8 years ago
May 27, 2016
Bought 14.2 K USD
Hulihee David C
Director
+ 386
36.7344 USD
8 years ago
May 26, 2016
Bought 47.5 K USD
Hulihee David C
Director
+ 1300
36.5697 USD
8 years ago
May 26, 2016
Bought 51.2 K USD
Hulihee David C
Director
+ 1400
36.5681 USD
8 years ago
May 25, 2016
Bought 42.9 K USD
Hulihee David C
Director
+ 1200
35.771 USD
8 years ago
May 25, 2016
Bought 39.3 K USD
Hulihee David C
Director
+ 1100
35.755 USD
7. News
Alpha Exploration Announces New Drill Results from the Aburna Gold District Including 29 Meters Averaging 2.89 g/t Gold at Hill 52 Prospect, and 8 Meters Averaging 3.77 g/t Gold at the Northeast Prospect Calgary, Alberta--(Newsfile Corp. - November 14, 2024) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") announces initial drill results from its 7,868m drill program at the Aburna orogenic gold prospect within its 100% owned, 771 km² Kerkasha Project located in Eritrea. newsfilecorp.com - 3 days 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. zacks.com - 3 days 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. zacks.com - 2 weeks ago
Alexander & Baldwin, Inc (ALEX) Q3 2024 Earnings Call Transcript Alexander & Baldwin, Inc. (NYSE:ALEX ) Q3 2024 Earnings Conference Call October 24, 2024 5:00 PM ET Company Participants Aja Shimamura - Leasing Manager Lance Parker - CEO Clayton Chun - CFO Kit Millan - Senior Vice President of Asset Management Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Alexander Goldfarb - Piper Sandler Mitch Germain - Citizens JMP Brendan McCarthy - Sidoti Operator Good afternoon ladies and gentlemen and welcome to the Third Quarter 2024 Alexander & Baldwin Earnings Conference Call. At this time, all lines are in listen only mode. seekingalpha.com - 3 weeks ago
Alexander & Baldwin Holdings (ALEX) Reports Q3 Earnings: What Key Metrics Have to Say Although the revenue and EPS for Alexander & Baldwin Holdings (ALEX) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 3 weeks ago
Alexander & Baldwin Holdings, Inc. (ALEX) Q3 FFO and Revenues Surpass Estimates Alexander & Baldwin Holdings, Inc. (ALEX) came out with quarterly funds from operations (FFO) of $0.39 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to FFO of $0.30 per share a year ago. zacks.com - 3 weeks ago
Alexander & Baldwin, Inc. Reports Third Quarter 2024 Results HONOLULU , Oct. 24, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator and developer of high-quality commercial real estate in Hawai'i, today announced net income available to A&B common shareholders of $19.0 million, or $0.26 per diluted share, and Commercial Real Estate ("CRE") operating profit of $22.8 million for the third quarter of 2024. Q3  2024 Highlights Funds From Operations ("FFO") of $28.2 million, or $0.39 per diluted share / Adjusted FFO of $23.4 million, or $0.32 per diluted share CRE Same-Store Net Operating Income ("NOI") growth of 4.1% / CRE Same-Store NOI growth of 4.7% excluding collections of prior year reserves Leased occupancy as of September 30, 2024, was 94.0% Comparable blended leasing spreads for the improved portfolio were 15.3% Closed on the acquisition of an 81,500 square foot food and distribution facility. prnewswire.com - 3 weeks ago
Alexander & Baldwin Extends Its Revolving Credit Facility HONOLULU , Oct. 21, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate in Hawai'i, announced today that it has amended its revolving credit facility, which extends the term of the facility to October 2028, with two six-month extension options and provides for $450 million of borrowing capacity. The interest rate under the amended revolving credit facility remains unchanged from the prior facility, bearing interest at a rate of SOFR plus 1.05% based on a leverage-based pricing grid, plus a SOFR adjustment of 0.10%. prnewswire.com - 3 weeks ago
Alexander & Baldwin Announces Third Quarter 2024 Earnings Release and Conference Call Date HONOLULU , Oct. 7, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate in Hawai'i, will report results for the third quarter 2024, after the market closes, on Thursday, October 24, 2024. In connection with this announcement, A&B will host a conference call and webcast on Thursday, October 24, 2024, at 5:00 p.m. prnewswire.com - 1 month ago
Alexander & Baldwin Acquires Industrial Property in Pearl City Expands Industrial Footprint in Central Oahu HONOLULU , Sept. 23, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or the "Company"), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate, announced it has completed an off-market acquisition of an industrial property in Pearl City, O'ahu for $29.7 million. prnewswire.com - 1 month ago
Shopping Center REITs Are Hot: Pick A Winner The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior growth prospects, driven by record-high occupancy rates and strong rental rate spreads. This article examines liquidity, FFO growth, TCFO growth, dividend growth, market cap, share price growth, and volatility to identify the best Shopping Center REITs for the next 2 years. seekingalpha.com - 2 months ago
Alexander & Baldwin: Low Gearing Will Hurt Returns As Fed Set To Cut Rates (Rating Downgrade) Alexander & Baldwin is a diversified REIT operating exclusively in Hawaii, with the majority of net operating income coming from retail and industrial properties, as well as ground leases. The company also has a legacy Land Operations segment, with a land sale in Q3 2024 contributing to the REIT's 2024 guidance increase. Net debt accounts for just 24% of enterprise value, which coupled with no floating rate debt points to limited benefits from Fed rate cuts. seekingalpha.com - 2 months ago
8. Profile Summary

Alexander & Baldwin, Inc. ALEX

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COUNTRY US
INDUSTRY REIT - Diversified
MARKET CAP $ 1.4 B
Dividend Yield 1.16%
Description 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 approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, approximately 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.
Contact 822 Bishop Street, Honolulu, HI, 96801 https://www.alexanderbaldwin.com
IPO Date June 14, 2012
Employees 101
Officers Mr. Kit Millan Senior Vice President of Asset Management Mr. Lance K. Parker President, Chief Executive Officer & Director Mr. Clayton K. Y. Chun Executive Vice President, Treasurer & Chief Financial Officer Scott G. Morita Corporate Counsel & Vice President Ms. Meredith J. Ching Executive Vice President of External Affairs Mr. Jordan Brant Senior Vice President of Leasing Mr. Francisco Gutierrez Senior Vice President of Development Jordan Hino Director, Investor Relations Mr. Christopher J. Benjamin Consultant Mr. Derek T. Kanehira Senior Vice President of Human Resources