STOCK TITAN

Maui Ld & Pineap - MLP STOCK NEWS

Welcome to our dedicated page for Maui Ld & Pineap news (Ticker: MLP), a resource for investors and traders seeking the latest updates and insights on Maui Ld & Pineap stock.

Overview

Maui Land & Pineapple Company (MLP) is a diversified landholding and operating company with a long legacy of combining real estate expertise with agricultural and community-oriented initiatives. With extensive experience in land development, commercial leasing, and resort management, the company has carved out an evergreen presence in Maui through thoughtful stewardship of its vast portfolio.

Business Segments

MLP structures its operations across three primary segments:

  • Land Development & Sales: Involves comprehensive land planning and entitlement processes, strategic development, and the sale of residential, commercial, and industrial parcels. This segment lays the foundation for community growth and sustainable urban planning.
  • Leasing Operations: Encompasses the leasing of a diverse range of property types including residential areas, resort facilities, and commercial spaces. The leasing element forms a significant part of the company’s revenue base and is integral in fostering an active real estate market.
  • Resort Amenities: Focused on enhancing the consumer experience at the Kapalua Resort community, this segment includes membership programs which offer tailored privileges and benefits, further reinforcing the community-centric approach of the company.

Asset Portfolio & Community Integration

MLP is not only about property and land; it is about creating integrated communities where economic stability, housing opportunities, and local culture converge. The company manages a significant portfolio that includes prime real estate in iconic settings and expansive land holdings dedicated to agriculture, conservation, and community development. With a special focus on the cultivation of its signature pineapple and the management of sizable natural preserves, MLP underscores its commitment to both sustainable agricultural practices and responsible land stewardship.

Operational Excellence & Regional Impact

At its core, Maui Land & Pineapple Company leverages decades of experience in asset management to enhance the productivity of its diverse holdings. Whether through strategic leasing of commercial properties or through the stepwise development of its land assets, the company is adept at managing resources in a way that benefits both local residents and the broader economic environment. Its approach reflects a deep understanding of local market dynamics, regulatory frameworks, and community priorities.

Expertise and Authoritativeness

MLP’s operations are supported by seasoned leadership and a dedicated team with intricate knowledge of real estate, agriculture, and community planning. The company’s integrated strategy, which marries commercial acumen with regional development needs, positions it as a key participant in Maui’s infrastructure and local economy. This balanced and analytical approach not only enhances shareholder value but also ensures that operational practices are in line with the longstanding cultural and environmental heritage of Hawai‘i.

Commitment to Sustainable Community Building

With over a century of history, Maui Land & Pineapple Company has continuously worked to honor its past while meeting present-day needs through responsible land and asset management. Its efforts in revitalizing commercial centers and developing community-friendly environments resonate with both local residents and business partners. The company’s focus on sustainable practices reinforces its reputation as a trusted steward of land resources, ensuring that its operations contribute positively to the region's long-term resilience and prosperity.

Rhea-AI Summary

Maui Land & Pineapple Company (NYSE: MLP) reported its financial results for the year ending December 31, 2022. The company achieved a net income of $1.8 million or $0.09 per share, compared to a net loss of $(3.4 million) or $(0.18) per share in 2021. Operating revenues surged to $21.0 million, up from $12.4 million the previous year. Total comprehensive income also rose to $9.2 million or $0.47 per share, from $2.6 million or $0.13 per share. Notably, pension adjustments contributed $7.4 million to comprehensive income. The company maintains a debt-free status, with total stockholders' equity increasing by $10.3 million to $33.8 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.18%
Tags
-
Rhea-AI Summary

Maui Land & Pineapple (NYSE: MLP) has appointed Race Randle as CEO and Scot Sellers as Chairman, effective April 1, 2023. Randle, a local real estate leader with extensive experience in sustainable community development, replaces Warren Haruki, who will serve as a senior advisor. Randle's notable past includes significant contributions to The Howard Hughes Corporation and a partnership with Google for mixed-use community developments. Sellers, with a 40-year background in real estate, supports Randle’s vision. The transitions aim to foster continued growth and profitability for MLP, enhancing its commitment to Maui's community and environment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.42%
Tags
management
-
Rhea-AI Summary

Maui Land & Pineapple Company (NYSE: MLP) reported a net loss of $124,000, or $0.01 per share, for Q3 2022, improved from a loss of $139,000 in Q3 2021. Total operating revenues increased to approximately $2.6 million, up from $2.4 million year-over-year. For the nine months ending September 30, 2022, net income surged to $9.8 million, or $0.50 per share, compared to $0.8 million, or $0.04 per share, in the same period of 2021. Total revenues for this period reached around $18.8 million, significantly higher than $9.4 million previously.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
Tags
none
Rhea-AI Summary

Maui Land & Pineapple Company (NYSE: MLP) reported a substantial net income of $10.5 million ($0.54 per share) for Q2 2022, up from $1.9 million ($0.10 per share) in Q2 2021. Total operating revenues grew to approximately $14.0 million from $5.0 million year-over-year. For the first half of 2022, net income reached $9.9 million ($0.51 per share), compared to $0.9 million ($0.05 per share) in the same period last year. The company finalized the sale of 646 acres in Upcountry Maui for $9.6 million in May 2022, bolstering its revenue stream.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
none
-
Rhea-AI Summary

Maui Land & Pineapple Company (MLP) reported a net loss of $618,000 or $(0.03) per share for Q1 2022, an improvement from a net loss of $934,000 or $(0.05) per share in Q1 2021. Total operating revenues increased to $2.25 million from $2.06 million year-over-year. The company had no real estate asset sales during this period. Current assets rose to $12.75 million, while total assets grew to $40.23 million. Liabilities also increased, totaling $16.60 million, impacting the overall equity standing of the company.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
none
-
Rhea-AI Summary

Maui Land & Pineapple Company (NYSE: MLP) reported a net loss of $(3.4) million, or $(0.18) per share, for the year ended December 31, 2021, up from a loss of $(2.6) million, or $(0.14) per share in 2020. Operating revenues rose to $12.4 million from $7.5 million. Comprehensive income turned positive at $2.6 million, compared to a loss of $(3.5) million in 2020. Notable was a pension gain adjustment of $6.0 million, significantly improving financial metrics. In Q4 2021, the company recorded a net loss of $(4.2) million, while revenues increased to $3.0 million from $2.1 million in Q4 2020.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
Rhea-AI Summary

Maui Land & Pineapple Company (NYSE: MLP) reported a net loss of $0.1 million, or $(0.01) per share, for Q3 2021, an improvement from a net loss of $0.6 million, or $(0.03) per share, in Q3 2020. Total operating revenues rose to $2.4 million from $1.7 million year-over-year. For the first nine months of 2021, the company achieved a net income of $0.8 million, or $0.04 per share, compared to a net loss of $1.9 million, or $(0.10) per share, in the same period of 2020. Total operating revenues for this period increased to $9.4 million from $5.4 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
Tags
none
-
Rhea-AI Summary

Maui Land & Pineapple Company (NYSE: MLP) reported a net income of $1.9 million ($0.10 per share) for Q2 2021, contrasting with a net loss of $0.2 million ($0.01 per share) in Q2 2020. Total operating revenues increased to $5.0 million from $1.7 million year-over-year. For the first half of 2021, net income was $0.9 million ($0.05 per share), compared to a loss of $1.2 million ($0.06 per share) in the same period of 2020. The company executed real estate sales worth $2.6 million during Q2 2021, with no sales recorded in the previous year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
Tags
none
-
Rhea-AI Summary

Maui Land & Pineapple Company (MLP) reported a net loss of $934,000 or $(0.05) per share for Q1 2021, an improvement from a net loss of $1,074,000 or $(0.06) per share in Q1 2020. Total operating revenues slightly rose to $2.06 million compared to $2.04 million in 2020. Notably, MLP sold its regulated utility assets on May 1, 2021, generating $4.2 million in net proceeds. The company continues to own approximately 23,000 acres in Maui and manages various properties and utilities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Maui Land & Pineapple Company (NYSE: MLP) reported a net loss of $2.6 million or $(0.14) per share for 2020, an improvement from a $10.4 million loss in 2019. Total revenues decreased to $7.5 million in 2020 from $10.0 million the previous year. The COVID-19 pandemic significantly affected tourism, impacting operating revenues from real estate and club memberships. The fourth quarter of 2020 also showed a net loss of $0.7 million compared to $9.1 million in Q4 2019. The company managed a slight recovery through cash collateral recovery and a land sale.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
Tags
none

FAQ

What is the current stock price of Maui Ld & Pineap (MLP)?

The current stock price of Maui Ld & Pineap (MLP) is $17.58 as of April 1, 2025.

What is the market cap of Maui Ld & Pineap (MLP)?

The market cap of Maui Ld & Pineap (MLP) is approximately 341.6M.

What are the main business segments of MLP?

MLP operates primarily through land development and sales, leasing operations, and resort amenities. Each segment contributes to creating integrated communities and sustainable asset management.

How does MLP generate its revenue?

The company generates revenue through strategic land sales, diverse leasing operations across residential, commercial, and industrial properties, and through resort amenity programs at its developed communities.

What types of properties does MLP manage?

MLP manages a broad portfolio including residential developments, commercial real estate, resort communities, and agricultural land. This diversified approach supports various market needs and enhances asset productivity.

How does MLP integrate community development with its operations?

The company emphasizes creating resilient communities by balancing real estate development with agricultural initiatives and preserving natural spaces. Its strategy centers on meeting housing needs and fostering economic stability in the region.

What role does agricultural stewardship play in MLP's business model?

Agricultural operations, including the cultivation of its signature pineapple, are a key component of MLP’s legacy. These activities not only enhance the company’s asset value but also promote sustainable local food production and land stewardship.

How is MLP positioned within the competitive landscape?

MLP differentiates itself by combining a rich heritage in land management with modern real estate and resort development strategies. This integrated approach, along with its focus on sustainable community building, makes it a distinctive player in the regional market.
Maui Ld & Pineap

NYSE:MLP

MLP Rankings

MLP Stock Data

341.59M
7.45M
62.51%
26.96%
0.51%
Real Estate Services
Real Estate
Link
United States
LAHAINA