Alexander & Baldwin (NYSE:ALEX – Get Free Report) is scheduled to announce its earnings results after the market closes on Thursday, October 24th. Analysts expect the company to announce earnings of $0.33 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
Alexander & Baldwin Stock Performance
ALEX opened at $18.81 on Thursday. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 30.84 and a beta of 1.26. The firm’s fifty day simple moving average is $19.20 and its two-hundred day simple moving average is $17.73. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.47. Alexander & Baldwin has a 52-week low of $15.53 and a 52-week high of $20.30.
Alexander & Baldwin Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, October 7th. Investors of record on Friday, September 20th were issued a $0.2225 dividend. This represents a $0.89 annualized dividend and a yield of 4.73%. This is a boost from Alexander & Baldwin’s previous quarterly dividend of $0.22. The ex-dividend date was Friday, September 20th. Alexander & Baldwin’s payout ratio is presently 145.90%.
Wall Street Analyst Weigh In
View Our Latest Research Report on ALEX
Alexander & Baldwin Company Profile
Alexander & Baldwin, Inc (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai’i commercial real estate and is the state’s largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai’i, including 22 retail centers, 13 industrial assets and four office properties, as well as 142.0 acres of ground lease assets.
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