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Alexander & Baldwin Announces Fourth Quarter 2024 Dividend
PRNewswire (Thu, 5-Dec 4:05 PM ET)
Alexander & Baldwin, Inc. Reports Third Quarter 2024 Results
PRNewswire (Thu, 24-Oct 4:05 PM ET)
Alexander & Baldwin Extends Its Revolving Credit Facility
PRNewswire (Mon, 21-Oct 4:30 PM ET)
Alexander & Baldwin Announces Third Quarter 2024 Earnings Release and Conference Call Date
PRNewswire (Mon, 7-Oct 4:05 PM ET)
Alexander & Baldwin Acquires Industrial Property in Pearl City
PRNewswire (Mon, 23-Sep 4:05 PM ET)
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 spaces and also urban ground leases 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 December 16, 2024, ALEX stock price climbed to $18.97 with 52,731 million shares trading.
ALEX has a beta of 0.41, meaning it tends to be less sensitive to market movements. ALEX has a correlation of 0.07 to the broad based SPY ETF.
ALEX has a market cap of $1.38 billion. This is considered a Small Cap stock.
Last quarter Alexander & Baldwin Common REIT Holding Company reported $62 million in Revenue and $.27 earnings per share. This beat revenue expectation by $10 million and exceeded earnings estimates by $.06.
In the last 3 years, ALEX traded as high as $25.66 and as low as $15.53.
The top ETF exchange traded funds that ALEX belongs to (by Net Assets): IJR, VNQ, VTI, IWM, VB.
ALEX has underperformed the market in the last year with a price return of +8.3% while the SPY ETF gained +30.4%. ALEX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.1% and -3.6%, respectively, while the SPY returned +8.3% and +0.7%, respectively.
ALEX support price is $18.63 and resistance is $19.09 (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 shares will trade within this expected range on the day.