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

Earnings data Q3 2021

Earnings data Q4 2021

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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 Holdings, Inc. (ALEX) delivered FFO and revenue surprises of 132.56% and 2.76%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Alexander & Baldwin Holdings, Inc. (ALEX) Q2 FFO Surpass Estimates

Achieves 4.4% increase in Same-Store NOI and 12.0% increase in Core FFO per diluted share over the prior year quarter HONOLULU , July 28, 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 second quarter of 2022. Chris Benjamin, A&B president & chief executive officer stated: "Our high-quality commercial real estate ("CRE") portfolio continued to produce excellent results, building on our strong start to the year.

Alexander & Baldwin, Inc. Reports Second Quarter 2022 Results

HONOLULU , July 26, 2022 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a third quarter 2022 dividend of $0.22 (twenty-two cents) per share, an increase of two cents per share from the second quarter 2022 dividend of $0.20 per share, and the third consecutive quarterly rate increase. The quarterly dividend increase reflects strong second quarter commercial real estate results and expected performance for the remainder of 2022.

Alexander & Baldwin Announces 10% Increase in Common Stock Dividend

Alliance Resource Partners

Nordstrom

Blue Owl Capital

Patria Investments

Pactiv Evergreen

Steelcase

Investors searching for the next great investment idea generally want to spread a wide net. If they're interested in dividend stocks, the price might not be as important as the payment's yield or growth.

The 7 Best Dividend Stocks Under $25 for July

HONOLULU , July 12, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the second quarter 2022, after the market closes, on Thursday, July 28, 2022. In connection with this announcement, A&B will host a conference call and webcast on Thursday, July 28, 2022, at 5:00 p.m.

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

American Assets

Armada Hoffler Properties

Boston Properties

Americold Realty

CTO Realty Growth

EastGroup Properties

Equinix

Invitation Homes

InvenTrust Properties Corp

Life Storage

Phillips Edison & Co Inc

Plymouth Industrial REIT

Public Storage

Ramco-Gershenson Properties

Sabra Health Care

SITE Centers Corp

Simon Property Group

Sun Communities

Welltower

After meeting with over 25 companies in New York for the first in-person NAREIT sponsored conference since November 2019, we came away extremely positive on the fundamentals for REITs. Across the board, leasing, occupancy, and rent growth are tracking at or above expectations, and the recent increase in interest rates has already slowed new construction, further tilting the supply.

Equity REITs: Takeaways From NAREIT REIT Week

HONOLULU , June 7, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that its management team will participate in Nareit's REITweek: 2022 Investor Conference in New York. A&B will present an overview of its business and operations, followed by a question and answer session.

Alexander & Baldwin to Participate in Nareit's REITweek: 2022 Investor Conference

Alexander & Baldwin, Inc. (NYSE:ALEX ) Q1 2022 Earnings Conference Call May 5, 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 Conference Call Participants Connor Mitchell – Piper Sandler Marla Backer – Sidoti Sheila McGrath – Evercore ISI Operator Good afternoon, and welcome to the Alexander & Baldwin First Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Alexander & Baldwin's (ALEX) CEO Chris Benjamin on Q1 2022 Results - Earnings Call Transcript

Alexander & Baldwin Holdings, Inc. (ALEX) delivered FFO and revenue surprises of 31.82% and 16.08%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Alexander & Baldwin Holdings, Inc. (ALEX) Q1 FFO and Revenues Beat Estimates

Achieves 17% increase in Same-Store NOI and 38% increase in Core FFO per share over the prior year quarter HONOLULU , May 5, 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 first quarter of 2022. Chris Benjamin, A&B president & chief executive officer stated: "Our commercial real estate ("CRE") business posted exceptional results in the first quarter, continuing to build on the momentum experienced since early last year.

Alexander & Baldwin, Inc. Reports First Quarter 2022 Results

HONOLULU , April 26, 2022 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) approved a second quarter 2022 dividend of $0.20 (twenty cents) per share, an increase of 1-cent per share from the first quarter 2022 dividend of $0.19 per share and the second consecutive quarterly rate increase. The quarterly dividend increase reflects strong first quarter commercial real estate results and expected performance for the remainder of 2022.

Alexander & Baldwin Announces 5.3% Increase in Common Stock Dividend

HONOLULU , April 14, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the first quarter 2022, after the market closes, on Thursday, May 5, 2022. In connection with this announcement, A&B will host a conference call and webcast on Thursday, May 5, 2022, at 5:00 p.m.

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

HONOLULU, March 7, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Lance Parker, executive vice president and chief operating officer, and Brett Brown, executive vice president and chief financial officer, will participate in the Citi 2022 Global Property CEO Conference. There will be a live webcast of the Company's roundtable discussion on Wednesday, March 9, 2022, from 10:30 a.m.

Alexander & Baldwin to Participate in Citi 2022 Global Property CEO Conference

Alexander & Baldwin's (ALEX) CEO Chris Benjamin on Q4 2021 Results - Earnings Call Transcript

Alexander & Baldwin Holdings, Inc. (ALEX) delivered FFO and revenue surprises of 14.29% and 46.02%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Alexander & Baldwin Holdings, Inc. (ALEX) Tops Q4 FFO and Revenue Estimates

HONOLULU, Feb. 24, 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 fourth quarter and full-year of 2021. Chris Benjamin, A&B president & chief executive officer, stated: "We entered 2021 optimistic for a strong rebound in our high-quality portfolio of grocery-anchored retail, industrial and ground lease assets, and we produced exceptional results as our commercial real estate ("CRE") portfolio Net Operating Income ("NOI") surpassed pre-pandemic levels.

Alexander & Baldwin, Inc. Reports Fourth Quarter and Full-Year 2021 Results

HONOLULU, Feb. 22, 2022 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a first quarter 2022 dividend of $0.19 (nineteen cents) per share, an increase of 1-cent per share from the fourth quarter 2021 dividend of $0.18 per share and back to the pre-pandemic quarterly rate. The dividend is payable on April 5, 2022, to shareholders of record as of the close of business on March 18, 2022.

Alexander & Baldwin Announces 5.6% Increase in Common Stock Dividend

HONOLULU, Jan. 18, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) today announced the allocations of the Company's 2021 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 2021 Dividend Distributions

HONOLULU, Jan. 10, 2022 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Lance Parker, executive vice president and chief operating officer, Brett Brown, executive vice president and chief financial officer, and Clayton Chun, senior vice president and chief accounting officer, will participate in Capital One Securities 2022 REIT Conference, which will take place virtually. Investor material for the conference scheduled for January 10–11, 2022 may be accessed on the Company's website at www.alexanderbaldwin.com.

Alexander & Baldwin to Participate in Capital One Securities 2022 REIT Conference

HONOLULU, Dec. 15, 2021 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Lance Parker, executive vice president and chief operating officer, Brett Brown, executive vice president and chief financial officer, and Clayton Chun, senior vice president and chief accounting officer, will participate in Jefferies Real Estate Conference, which will take place virtually. Investor material for the conference scheduled for December 15–16, 2021 may be accessed on the Company's website at www.alexanderbaldwin.com.

Alexander & Baldwin to Participate in Jefferies Real Estate Conference

ALEX was once a Big Five Hawaiian conglomerate with lots of irons in the fire, from sugarcane farms to agricultural & conservation land ownership to commercial real estate. Since converting to a REIT in 2017, ALEX has increasingly focused on income-generating real estate, especially grocery-anchored retail centers and industrial properties.

Alexander & Baldwin: A Venerable Hawaiian Landlord With A Rich Valuation

HONOLULU, Dec. 13, 2021 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a fourth quarter 2021 dividend of $0.18 (eighteen cents) per share. The dividend is payable on January 6, 2022 to shareholders of record as of the close of business on December 23, 2021.

Alexander & Baldwin Fourth Quarter 2021 Dividend Authorized

CVS Health

Agree Realty

Federal Realty Investment Trust

Kimco Realty

NETSTREIT Corp

New York City REIT Inc

Realty Income Corp

Regency Centers

Spirit Realty Capital

Walgreens

CVS Health Corp. to close nearly 10% of its US locations over the next three years. In an agenda to improve profitability, the company plans to add new health services.

CVS To Close 900 Stores: Smart Move And REIT Landlords Benefit Too

HONOLULU, Nov. 12, 2021 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced it has sold its Kukui`ula residential development on the island of Kaua`i (the "Project").  A&B and its development partner, DMB Development, LLC of Scottsdale, AZ ("DMB"), completed the sale to Denver-based Brue Baukol Capital Partners ("BBCP") today.

A&B And DMB Sell Kukui`ula Residential Project On Kaua`i

HONOLULU, Nov. 9, 2021 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Lance Parker, executive vice president and chief operating officer, Brett Brown, executive vice president and chief financial officer, and Clayton Chun, senior vice president and chief accounting officer, will participate in Nareit's REITworld: 2021 Annual Conference, which will take place virtually. Investor material for the conference scheduled for November 9–11, 2021 may be accessed on the Company's website at www.alexanderbaldwin.com.

News for Alexander & Baldwin Stock (ALEX)