Alexander & Baldwin(ALEX)

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Alexander & Baldwin Announces Fourth Quarter and Full-Year 2024 Earnings Release and Conference Call Date
Prnewswire· 2025-01-23 21:05
Core Viewpoint - Alexander & Baldwin, Inc. (A&B) will report its fourth quarter and full-year 2024 results on February 27, 2025, and will host a conference call and webcast to discuss the performance [1][2]. Company Overview - A&B is the only publicly-traded real estate investment trust focused exclusively on Hawai'i commercial real estate and is the largest owner of grocery-anchored neighborhood shopping centers in the state [5]. - The company owns, operates, and manages approximately 4.0 million square feet of commercial space in Hawai'i, which includes 21 retail centers, 14 industrial assets, and four office properties, along with 142 acres of ground lease assets [5]. - Over its 155-year history, A&B has adapted to the state's economy and has played a significant role in the development of various industries, including agriculture, transportation, tourism, construction, residential, and commercial real estate [5]. Conference Call Details - The conference call and webcast will feature discussions on the operating and financial performance for the fourth quarter and full-year 2024, followed by a Q&A session with sell-side research analysts [2]. - Key participants in the call will include Lance Parker (CEO), Clayton Chun (CFO), and other senior management members [3]. - Access to the webcast will be available online, and earnings documents will be downloadable from A&B's investor website after the market closes on the reporting date [4].
Best Income Stocks to Buy for January 14th
ZACKS· 2025-01-14 14:56
Group 1: Postal Realty Trust (PSTL) - Postal Realty Trust is a real estate investment trust that owns and manages properties leased to the United States Postal Service [1] - The Zacks Consensus Estimate for its current year earnings has increased by 2.9% over the last 60 days [1] - The company has a dividend yield of 7.5%, which is higher than the industry average of 4.8% [1] Group 2: Telefonica (TEF) - Telefonica provides mobile and fixed communication services in Europe and Latin America [2] - The Zacks Consensus Estimate for its current year earnings has increased nearly 7.4% over the last 60 days [2] - The company has a dividend yield of 5.6%, significantly above the industry average of 0.8% [2] Group 3: Alexander & Baldwin Holdings (ALEX) - Alexander & Baldwin Holdings is a real estate investment trust that owns, operates, and manages retail, industrial, and office space primarily in Hawai`i and on the U.S. Mainland [3] - The Zacks Consensus Estimate for its current year earnings has increased nearly 2.3% over the last 60 days [3] - The company has a dividend yield of 5.2%, which is higher than the industry average of 4.8% [3]
After Plunging -7.9% in 4 Weeks, Here's Why the Trend Might Reverse for Alexander & Baldwin Holdings (ALEX)
ZACKS· 2024-12-19 15:35
Core Viewpoint - Alexander & Baldwin Holdings, Inc. (ALEX) has experienced a downtrend with a 7.9% decline over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround due to analysts' positive earnings outlook [1]. Group 1: Technical Indicators - The stock's Relative Strength Index (RSI) is at 23.81, indicating it is oversold and may soon reverse its trend towards a more balanced supply and demand [4]. - RSI is a momentum oscillator that helps identify oversold conditions when the reading falls below 30, allowing investors to spot potential entry opportunities [2]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts to raise earnings estimates for ALEX, resulting in a 1.8% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [5]. - ALEX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further indicating a potential turnaround [5].
3 Reasons Why Growth Investors Shouldn't Overlook Alexander & Baldwin Holdings (ALEX)
ZACKS· 2024-12-16 18:45
Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Alexander & Baldwin Holdings, Inc. identified as a strong candidate due to its favorable growth metrics and Zacks Rank [1][2]. Group 1: Earnings Growth - Earnings growth is a critical factor for investors, with double-digit growth being particularly attractive as it signals strong future prospects [5]. - Alexander & Baldwin Holdings has a historical EPS growth rate of 15.3%, with projected EPS growth of 15.1% this year, significantly outperforming the industry average of 1.2% [6]. Group 2: Cash Flow Growth - Higher-than-average cash flow growth is essential for growth-oriented companies, allowing them to expand without relying on external funding [7]. - The year-over-year cash flow growth for Alexander & Baldwin Holdings is currently 0.5%, compared to an industry average of -4.7% [7]. - The company's annualized cash flow growth rate over the past 3-5 years stands at 35.7%, well above the industry average of 2.3% [8]. Group 3: Earnings Estimate Revisions - Positive trends in earnings estimate revisions are correlated with stock price movements, making them an important consideration for investors [9]. - There has been a 1.8% upward revision in the current-year earnings estimates for Alexander & Baldwin Holdings over the past month [9]. Group 4: Overall Assessment - Alexander & Baldwin Holdings has achieved a Growth Score of B and a Zacks Rank of 2, indicating its potential as a solid choice for growth investors [10][12].
Alexander & Baldwin Announces Fourth Quarter 2024 Dividend
Prnewswire· 2024-12-05 21:05
Group 1 - The Board of Directors of Alexander & Baldwin, Inc. approved an increased fourth quarter 2024 dividend of $0.225 per share, up from $0.2225 per share in the previous quarter [1] - The dividend is scheduled to be payable on January 8, 2025, to shareholders of record as of December 20, 2024 [1] Group 2 - Alexander & Baldwin, Inc. is the only publicly-traded real estate investment trust focused exclusively on Hawai'i commercial real estate [2] - The company is the largest owner of grocery-anchored neighborhood shopping centers in Hawai'i, managing approximately 4.0 million square feet of commercial space [2] - A&B has a diverse portfolio that includes 21 retail centers, 14 industrial assets, four office properties, and 142 acres of ground lease assets [2] - Over its 154-year history, A&B has played a significant role in the development of various industries in Hawai'i, including agriculture, transportation, tourism, construction, residential, and commercial real estate [2]
12 REITs Poised For Potential Outperformance
Seeking Alpha· 2024-12-02 14:00
Group 1 - A year ago, REITs were available at very low prices, presenting numerous high-yield investment opportunities, but such opportunities are becoming scarce as REIT prices have increased [1] - The average REIT is estimated to have about 30% upside potential in price [1]
Is Alexander & Baldwin Holdings (ALEX) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-11-29 18:51
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Gr ...
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
Newsfile· 2024-11-14 10:15
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 ProspectNovember 14, 2024 5:15 AM EST | Source: Alpha Exploration Ltd.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 ...
Alexander & Baldwin Holdings (ALEX) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2024-11-13 18:51
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the ...
3 Reasons Growth Investors Will Love Alexander & Baldwin Holdings (ALEX)
ZACKS· 2024-10-28 17:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Sco ...