Alexander & Baldwin to Participate in the Citi 2023 Global Property CEO Conference
PRNewswire (Mon, 6-Mar 8:00 AM ET)
Alexander & Baldwin, Inc. Reports Fourth Quarter and Full-Year 2022 Results
PRNewswire (Tue, 28-Feb 4:05 PM ET)
ALEXANDER & BALDWIN, INC. ANNOUNCES LEADERSHIP TRANSITION
PRNewswire (Wed, 1-Feb 4:01 PM ET)
PRNewswire (Tue, 31-Jan 5:05 PM ET)
Alexander & Baldwin Announces Reporting Information for 2022 Dividend Distributions
PRNewswire (Thu, 26-Jan 5:05 PM ET)
HEI appoints Paul Ito as Chief Financial Officer
PRNewswire (Tue, 3-Jan 5:00 PM ET)
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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 and office properties 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.
Alexander & Baldwin Common REIT Holding Company trades on the NYSE stock market under the symbol ALEX.
As of March 27, 2023, ALEX stock price climbed to $17.90 with 54,427 million shares trading.
ALEX has a beta of 0.76, meaning it tends to be less sensitive to market movements. ALEX has a correlation of 0.40 to the broad based SPY ETF.
ALEX has a market cap of $1.30 billion. This is considered a Small Cap stock.
Last quarter Alexander & Baldwin Common REIT Holding Company reported $71 million in Revenue and $.22 earnings per share. This fell short of revenue expectation by $-25 million and exceeded earnings estimates by $.02.
In the last 3 years, ALEX stock traded as high as $26.57 and as low as $9.07.
The top ETF exchange traded funds that ALEX belongs to (by Net Assets): IJR, VNQ, VTI, VB, IWM.
ALEX has underperformed the market in the last year with a price return of -17.3% while the SPY ETF lost -10.5%. ALEX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.0% and -0.4%, respectively, while the SPY returned +4.0% and +3.2%, respectively.
ALEX support price is $17.31 and resistance is $18.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALEX stock will trade within this expected range on the day.