Alexander & Baldwin, Inc. (ALEX) Stock

About Alexander & Baldwin, Inc.

Alexander & Baldwin, Inc. (A&B) is recognized as Hawaii's foremost commercial real estate enterprise, holding the distinction of being the state's largest proprietor of neighborhood retail centers that feature grocery anchors. The company's extensive Hawaiian property portfolio, which it owns, manages, and operates, spans roughly 3.9 million square feet. This includes 22 retail properties, 10 industrial sites, 4 office complexes, and an additional 154 acres of ground leases. These core holdings constitute nearly three-quarters, specifically 72%, of A&B's total asset value. In addition to its primary real estate focus, A&B holds non-strategic assets. These comprise renewable energy generation facilities, approximately 27,000 acres of agricultural and conservation land, and an integrated paving operation. A&B is strategically shifting its focus to become a Hawaii-centric commercial real estate firm. This objective is being met by expanding and enhancing its local property portfolio while simultaneously divesting its non-core assets. Throughout its 150-year legacy, A&B has continuously adapted in tandem with Hawaii's economic evolution, playing a pivotal role in the advancement of numerous industries such as agriculture, transportation, tourism, construction, and both residential and commercial real estate.

Alexander & Baldwin, Inc. is headquartered in US.

Alexander & Baldwin, Inc. (ALEX) stock trades at $20.84 with a market capitalization of $1.52B. The stock is valued at a price-to-earnings (P/E) ratio of 23.37, price-to-book of 1.54, price-to-sales of 7.35. Over the past 52 weeks the stock has ranged between $15.07 and $21.03, and currently trades at its 52-week high. It pays a dividend yielding 6.72%.

On profitability, Alexander & Baldwin, Inc. generates a return on equity (ROE) of 6.44%, return on capital employed of 5.54%, an operating margin of 41.81%, a net profit margin of 31.29%.

Official website: www.alexanderbaldwin.com