Alexander & Baldwin

Alexander & Baldwin, Inc. engages in real estate business. It operates through the following segments: Commercial Real Estate, Land Operations, and Materials and Construction. The Commercial Real Estate segment includes investments and acquisitions, construction and development, in-house leasing and property management, and asset management. The Land Operations segment consists of legacy assets and landholdings that are subject to the company's simplification and monetization effort. The Materials and Construction segment deals with asphalt paving contractor and natural materials and infrastructure construction services. The company was founded by Samuel Thomas Alexander and Henry Perrine Baldwin on 1870 and is headquartered in Honolulu, HI.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Alexander & Baldwin (ALEX) reports robust CRE performance and challenges

ALEX showcased strong performance in commercial real estate and financial stability for the full year.
The company faced challenges related to tenant bankruptcies, capital allocation, and economic uncertainties.
Opportunities for growth include optimizing capital allocation, strategic reinvestment, and following guidance for 2023.
Overall, ALEX's resilience, strategic focus, and market positioning were key takeaways from the earnings call.

Alexander & Baldwin (ALEX) reports strong Q1 performance amidst leadership change

Alexander & Baldwin (ALEX) delivered a solid performance in Q1 2023, driven by commercial real estate growth and Hawaii's strong local economy.
While facing challenges in retail trends, debt refinancing, and business diversification, the company remains focused on sustainable growth strategies.
With a smooth CEO transition and a strategic focus on organic and external growth opportunities, A&B is poised to navigate challenges and seize market opportunities.

Alexander & Baldwin (ALEX) reports robust Q2 earnings and raises Core FFO guidance

Alexander & Baldwin (ALEX) delivered a solid performance in Q2 2023, driven by strong CRE revenue growth and operational efficiency. Despite challenges in leased occupancy rates, the company remains optimistic about future gains and raised guidance for Core FFO.

Alexander & Baldwin (ALEX) reports solid Q3 performance amidst challenges

Alexander & Baldwin (ALEX) showcased strong financial performance and leasing activity, underlining resilience and growth potential.
While challenges like the impact of Maui wildfires were discussed, the company remains focused on strategic positioning and community engagement.
Positive guidance for core FFO and same-store NOI growth signals opportunities for continued success and value creation for stakeholders.

Alexander & Baldwin (ALEX) exceeds Q4 expectations, eyes growth opportunities

Alexander & Baldwin (ALEX) delivered strong financial results in Q4, exceeding expectations. The company's strategic initiatives and focus on core metrics position it well for future growth despite challenges in the market.

Alexander & Baldwin (ALEX) reports strong Q1 performance and outlook

Alexander & Baldwin (ALEX) delivered a robust Q1 performance, exceeding expectations in land sales and financial metrics.
The company's strong balance sheet, liquidity position, and strategic planning underscore its resilience and growth potential.
With raised guidance and proactive measures in place, ALEX is well-positioned to capitalize on opportunities and navigate challenges ahead.

Alexander & Baldwin (ALEX) reports growth in Q2 2024 earnings

Alexander & Baldwin (ALEX) delivered a solid performance in Q2 2024, showcasing growth in key financial metrics and operational areas. The company raised guidance across various segments and remains optimistic about its positioning for the year ahead.

Alexander & Baldwin (ALEX) reports robust Q3 earnings and strategic growth outlook

Alexander & Baldwin (ALEX) demonstrated strong financial performance and strategic focus in Q3 2024, supported by growth in NOI and FFO.
The company's emphasis on operational excellence and cost management underpins its resilience and growth prospects.
While challenges like rent spreads and land sales impact exist, opportunities in Hawaii's economy and strategic guidance revisions offer avenues for future success.

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Alexander & Baldwin, Inc. engages in the real estate business. It operates through the Commercial Real Estate and Land Operations segments. The Commercial Real Estate segment includes investments and acquisitions, construction and development, and in-house leasing and property management. The Land Operations segment consists of legacy landholdings, assets, and liabilities subject to the company's simplification and monetization effort. The company was founded by Samuel Thomas Alexander and Henry Perrine Baldwin in 1870 and is headquartered in Honolulu, HI.

Alexander & Baldwin, Inc.'s Q4 2022 core FFO was ahead of expectations thanks to lower general & administrative costs and the good performance of its commercial properties. Alexander & Baldwin's 2023 guidance is favorable, and ALEX is transforming into a real proxy for Hawaii real estate with the planned sale of its infrastructure business.

Alexander & Baldwin: Positive On Corporate Restructuring And 2023 Outlook

Alexander & Baldwin is the premier publicly traded REIT focused on the Hawaiian market. The company has a long operating history on the island chain, and they own a sizeable portfolio of commercial real estate assets, as well as non-core land holdings.

Alexander & Baldwin: Capitalized On A Strong Hawaiian Market In 2022

HONOLULU , March 6, 2023 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) announced today that Chris Benjamin, Chief Executive Officer, will participate in a roundtable discussion at the Citi 2023 Global Property CEO Conference on Monday, March 6, 2023, from 4:20 p.m. to 4:55 p.m.

Alexander & Baldwin to Participate in the Citi 2023 Global Property CEO Conference

Alexander & Baldwin, Inc. (NYSE:ALEX ) Q4 2022 Results Conference Call February 28, 2023 5:00 PM ET Company Participants Steve Swett - Investor Relations Chris Benjamin - Chief Executive Officer Lance Parker - President and Chief Operating Officer Clayton Chun - Chief Financial Officer Conference Call Participants Alexander Goldfarb - Piper Sandler Mitch Germain - JMP Securities Operator Good day, and welcome to the Fourth Quarter and Full-Year 2022 Alexander & Baldwin Earnings Conference Call. All participants will be in a listen-only mode.

Alexander & Baldwin, Inc. (ALEX) Q4 2022 Earnings Call Transcript

Alexander & Baldwin Holdings, Inc. (ALEX) delivered FFO and revenue surprises of 29.17% and 27.24%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Alexander & Baldwin Holdings, Inc. (ALEX) Q4 FFO Top Estimates

HONOLULU , Feb. 28, 2023 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based company focused on owning and operating high-quality commercial real estate in Hawai'i, today announced financial results for the fourth quarter and full-year of 2022. Chris Benjamin, A&B chief executive officer, stated: "Our high-quality portfolio of grocery-anchored retail, industrial and ground lease assets continued to perform well in the fourth quarter, closing out a year of exceptional results.

Alexander & Baldwin, Inc. Reports Fourth Quarter and Full-Year 2022 Results

Benjamin to Retire, Parker Appointed CEO HONOLULU , Feb. 1, 2023 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a premier Hawai`i commercial real estate company, today announced that Lance K. Parker, currently A&B's president & chief operating officer (COO), has been appointed the Company's new president & chief executive officer (CEO) effective July 1, 2023.

ALEXANDER & BALDWIN, INC. ANNOUNCES LEADERSHIP TRANSITION

HONOLULU , Jan. 31, 2023 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) will report results for the fourth quarter and full-year 2022, after the market closes, on Tuesday, February 28, 2023. In connection with this announcement, A&B will host a conference call and webcast on Tuesday, February 28, 2023, at 5:00 p.m.

Alexander & Baldwin Announces Fourth Quarter and Full-Year 2022 Earnings Release and Conference Call Date

HONOLULU , Jan. 26, 2023 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) today announced the allocations of the Company's 2022 dividend distributions on its common shares. The table below, presented on a per share basis, is provided for informational purposes only and should only be used to clarify the information on Form 1099-DIV.

Alexander & Baldwin Announces Reporting Information for 2022 Dividend Distributions

Hawaiian Electric Industries

HONOLULU , Jan. 3, 2023 /PRNewswire/ -- Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE), the parent company to Hawaiian Electric Company, Inc. (Hawaiian Electric) and American Savings Bank, F.S.B. (ASB), has appointed Paul K.

HEI appoints Paul Ito as Chief Financial Officer

HONOLULU , Dec. 12, 2022 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) approved a fourth quarter 2022 dividend of $0.22 (twenty-two cents) per share. The dividend is payable on January 6, 2023, to shareholders of record as of the close of business on December 23, 2022.

Alexander & Baldwin Fourth Quarter 2022 Dividend Authorized

HONOLULU , Dec. 12, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a premier Hawai'i commercial real estate company, today announced the appointment of Lance K. Parker, currently the Company's chief operating officer, to the additional position of president, effective January 1, 2023.

ALEXANDER & BALDWIN PROMOTES LANCE PARKER TO PRESIDENT AND CHIEF OPERATING OFFICER

Alexander & Baldwin ("A&B") is a premier commercial real estate company in Hawaii with specialized experience serving the high-barrier-to-entry market. The company has had a good year. Domestic visitation is up, dividends are increasing, and guidance has been raised.

Alexander & Baldwin: Investing In Hawaii Real Estate

HONOLULU , Dec. 7, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that its management team will participate in the Sidoti December 2022 Small-Cap Virtual Conference. There will be a live webcast of the Company's presentation on Wednesday, December 7, 2022, from 4:00 p.m.

Alexander & Baldwin to Participate in Sidoti's December 2022 Small-Cap Virtual Conference

HONOLULU , Nov. 15, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that its management team will participate in investor meetings at Nareit's REITworld 2022 Annual Conference in San Francisco. Investor material for the conference, scheduled for November 15–17, 2022, may be accessed on the Company's website at www.alexanderbaldwin.com.

Alexander & Baldwin to Participate in Nareit's REITworld 2022 Annual Conference

Alexander & Baldwin, Inc. (NYSE:ALEX ) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Steve Swett - Investor Relations Chris Benjamin - President and Chief Executive Officer Lance Parker - Chief Operating Officer Brett Brown - Chief Financial Officer Clayton Chun - Chief Accounting Officer Conference Call Participants Connor Mitchell - Piper Sandler Wendy Ma - Evercore Operator Good afternoon and welcome to the Third Quarter 2022 Alexander & Baldwin Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

Alexander & Baldwin, Inc. (ALEX) Q3 2022 Earnings Call Transcript

Alexander & Baldwin Holdings, Inc. (ALEX) delivered FFO and revenue surprises of 4% and 9.09%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Alexander & Baldwin Holdings, Inc. (ALEX) Tops Q3 FFO and Revenue Estimates

Achieves 2.8% increase in Same-Store NOI and 4.0% increase in Core FFO per diluted share over the prior year quarter HONOLULU , Nov. 3, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based company focused on owning and operating high-quality commercial real estate in Hawai'i, today announced financial results for the third quarter of 2022. Chris Benjamin, A&B president & chief executive officer stated: "Our commercial real estate ("CRE") business posted outstanding results in the third quarter, continuing to build on the momentum experienced since early last year.

Alexander & Baldwin, Inc. Reports Third Quarter 2022 Results

HONOLULU , Oct. 12, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) will report results for the third quarter 2022, after the market closes, on Thursday, November 3, 2022. In connection with this announcement, A&B will host a conference call and webcast on Thursday, November 3, 2022, at 5:00 p.m.

Alexander & Baldwin Announces Third Quarter 2022 Earnings Release and Conference Call Date

HONOLULU , Sept. 21, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) announced today that its management team will participate in the Sidoti Small-Cap Conference, which will take place virtually.

Alexander & Baldwin to Participate in Sidoti Small-Cap Virtual Conference

HONOLULU , Sept. 13, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that its management team will participate in Bank of America Securities 2022 Global Real Estate Conference in New York.

Alexander & Baldwin to Participate in Bank of America Securities 2022 Global Real Estate Conference

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Alexander & Baldwin is the only publicly traded REIT whose operations are exclusively focused on the Hawaiian Island Chain, with over 150 years of experience operating in the region. Its market dominance, cemented by the state's high barriers to entry, is a significant competitive advantage that insulates the company from any meaningful competition.

Alexander & Baldwin: Its Moat Is The Hawaiian Islands

HONOLULU , Aug. 23, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced the appointment of Clayton K.Y. Chun to executive vice president and chief financial officer, effective December 1, 2022.

Alexander & Baldwin Announces Appointment Of Clayton K.Y. Chun As Chief Financial Officer

Alexander & Baldwin, Inc. (NYSE:ALEX ) Q2 2022 Earnings Conference Call July 28, 2022 5:00 PM ET Company Participants Steve Swett - Investor Relations Chris Benjamin - President and Chief Executive Officer Lance Parker - Chief Operating Officer Brett Brown - Chief Financial Officer Clayton Chun - Chief Accounting Officer Conference Call Participants Alexander Goldfarb - Piper Sandler Sheila McGrath - Evercore ISI Operator Good day, and welcome to the Alexander & Baldwin Second Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

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