STOCK TITAN

Alexander & Baldwin Inc - ALEX STOCK NEWS

Welcome to our dedicated page for Alexander & Baldwin news (Ticker: ALEX), a resource for investors and traders seeking the latest updates and insights on Alexander & Baldwin stock.

Overview of Alexander & Baldwin Inc

Alexander & Baldwin Inc (ALEX) is a premier real estate investment trust (REIT) focusing exclusively on Hawaii commercial real estate. With a heritage spanning over a century and a half, the company has consistently evolved with the dynamic economic landscape of Hawaii, effectively managing an extensive portfolio that includes retail centers, industrial spaces, and office properties.

Core Business Segments

The company operates through two primary segments:

  • Commercial Real Estate: This segment is responsible for owning, operating, and managing a diverse portfolio of retail, industrial, and office spaces. With a focus on high-quality assets, ALEX has built a reputation for managing grocery-anchored and neighborhood shopping centers among other commercial properties.
  • Land Operations: Beyond its commercial real estate holdings, the company is deeply involved in land management and development. This includes overseeing an expansive land portfolio, optimizing asset utilization, and developing residential and commercial projects. A notable asset under this segment is the state’s only remaining sugar plantation, reflecting the company’s historical roots and diversified asset base.

Business Model and Market Position

Alexander & Baldwin has refined its business model over decades to focus on sustainable and efficient operations. Leveraging a dual-segment approach, the company not only generates income from its extensive commercial real estate portfolio, but also from strategic land developments and asset sales. Through active property management and judicious financial strategies such as debt refinancing and innovative capital solutions, ALEX has maintained a robust market position in the competitive Hawaii real estate landscape.

In an industry that requires deep expertise in both property management and land development, the company distinguishes itself with specialized local market knowledge. The integration of operational efficiency, strategic asset monetization, and diversification across property types supports its reputation as a trusted REIT with a strong foothold in Hawaii.

Industry Insights and Key Terminologies

Investors and market analysts recognize Alexander & Baldwin Inc for its proficiency in several industry-specific areas. The company utilizes key performance metrics such as Net Operating Income (NOI) to assess the unleveraged performance of its assets, while its focus on high-quality, revenue-generating properties is underscored by its careful management of leasing activities and property operations.

Competitive Landscape and Differentiators

ALEX faces competition not only from other REITs but also from various regional commercial property owners. However, its exclusive focus on Hawaii, the scale of its land and property holdings, and its historical legacy contribute to a differentiated market presence. The company’s commitment to operational excellence and a well-structured business model enables it to navigate market challenges and capitalize on local real estate trends.

Legacy and Evolution

With assets ranging from contemporary urban retail developments to historically significant plantations, Alexander & Baldwin Inc has demonstrated an ability to adapt and thrive across evolving market conditions. Its legacy in land use and real estate provides a strong foundation for ongoing operational stability and showcases a balanced approach between historical asset management and modern commercial development.

Conclusion

The company remains a key player in Hawaii’s commercial real estate market. Through its dual focus on refined commercial property management and strategic land operations, Alexander & Baldwin Inc offers investors a comprehensive insight into a business that melds time-tested legacy with innovative operational strategies. This detailed overview provides an evergreen perspective on the company’s operations and market significance, offering a robust foundation for understanding its role in the regional real estate industry.

Rhea-AI Summary
Alexander & Baldwin, Inc. announces a net loss of $3.5 million for Q4 2023, with a full-year net income of $29.7 million. The company reports positive CRE operating profit and FFO figures, with a focus on high-quality commercial real estate in Hawai'i.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.81%
Tags
-
Rhea-AI Summary
Alexander & Baldwin, Inc. (NYSE: ALEX) to participate in Wolfe Research Virtual Real Estate Conference on February 29, 2024, showcasing its focus on high-quality commercial real estate in Hawai'i.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
Tags
conferences
-
Rhea-AI Summary
Alexander & Baldwin, Inc. announces build-to-suit lease and sales at Maui Business Park Phase II in Kahului, Maui. The final phase of subdivision offers commercial development opportunities with build-to-suit, ground lease, and fee purchase options. The County of Maui purchases land for a new transportation facility. A&B plans to complete infrastructure improvements by early 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
none
Rhea-AI Summary
Alexander & Baldwin, Inc. (NYSE: ALEX) has announced the allocations of the Company's 2023 dividend distributions to its common shares. The dividend distribution is presented on a per share basis and is provided for information purposes only. Shareholders of record will receive Form 1099-DIV relating to the quarterly dividends paid or deemed paid in 2023. Investors are encouraged to seek legal and/or professional tax advice.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
dividends
-
Rhea-AI Summary
Alexander & Baldwin, Inc. (NYSE: ALEX) will announce its fourth quarter and full-year 2023 results on February 28, 2024. The company will also host a conference call to discuss its operating and financial performance, featuring its president, CEO, and other senior management members. The call will include a Q&A session with sell-side research analysts. The conference call can be accessed via phone or through a link on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
-
Rhea-AI Summary
Alexander & Baldwin, Inc. (NYSE: ALEX) approved a fourth quarter 2023 dividend of $0.2225 per share, payable on January 8, 2024, to shareholders of record as of December 22, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
dividends earnings
News
Rhea-AI Summary
NYSE: ALEX - Alexander & Baldwin, Inc. sells Grace Pacific LLC to Nan, Inc., Hawai'i's largest construction company, marking a significant expansion for Nan, Inc. in the Hawai'i construction industry. The acquisition ensures continued local ownership and strengthens economic development in the state.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
none
-
Rhea-AI Summary
NYSE: ALEX - Alexander & Baldwin, Inc. to Participate in Investor Meetings at Nareit's REITworld 2023 Annual Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
Tags
conferences
-
Rhea-AI Summary
Alexander & Baldwin, Inc. (NYSE: ALEX) reported net income of $14.6 million and CRE operating profit of $20.6 million for Q3 2023. Leased occupancy was 94.6%, and leasing spreads for the improved portfolio were 5.5% and 12.3% for new and renewal leases, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.7%
Tags
Rhea-AI Summary
Alexander & Baldwin, Inc. will report Q3 2023 results on November 2, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.17%
Tags

FAQ

What is the current stock price of Alexander & Baldwin (ALEX)?

The current stock price of Alexander & Baldwin (ALEX) is $16.83 as of April 17, 2025.

What is the market cap of Alexander & Baldwin (ALEX)?

The market cap of Alexander & Baldwin (ALEX) is approximately 1.2B.

What are the primary segments of Alexander & Baldwin Inc?

The company operates through two main segments: Commercial Real Estate, which covers retail, industrial, and office properties, and Land Operations, focusing on land management and development.

How does Alexander & Baldwin generate revenue?

Revenue is primarily generated by owning, operating, and managing high-quality commercial real estate assets, complemented by strategic land operations, asset development, and monetization of legacy holdings.

What distinguishes ALEX in the Hawaii real estate market?

ALEX stands out due to its exclusive focus on Hawaii, deep local market expertise, diversified asset portfolio, and historical legacy, including unique properties like the state’s last remaining sugar plantation.

How does the company manage its real estate portfolio?

The company employs active property management strategies, leverages performance metrics such as Net Operating Income (NOI), and utilizes innovative financing and capital management approaches to maintain portfolio quality.

What role do legacy assets play in the company’s business model?

Legacy assets, including historical land holdings and the sugar plantation, provide a diversified asset base that underscores the company’s long-term heritage and contributes to its strategic land operations.

How does Alexander & Baldwin approach market competition?

The company differentiates itself through its deep focus on the local Hawaii market, exclusive asset types, robust property management practices, and a business model that balances legacy assets with modern commercial developments.

What are some key industry-specific measures used by ALEX?

The company uses key metrics like Net Operating Income (NOI) and adjusted performance measures to evaluate the unleveraged performance of its assets, providing insight into leasing effectiveness and operational efficiency.

What are the main factors supporting the company’s market position?

ALEX's market position is supported by its exclusive focus on Hawaii, diversified real estate portfolio, effective management of both commercial properties and land assets, and strategic initiatives that streamline operations.
Alexander & Baldwin Inc

NYSE:ALEX

ALEX Rankings

ALEX Stock Data

1.21B
72.16M
0.83%
88.55%
0.9%
REIT - Retail
Real Estate Investment Trusts
Link
United States
HONOLULU