Alexander & Baldwin (ALEX) Stock Forecast, Price Target & Predictions
ALEX Stock Forecast
Alexander & Baldwin stock forecast is as follows: an average price target of $22.00 (represents a 12.99% upside from ALEX’s last price of $19.47) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
ALEX Price Target
The average price target for Alexander & Baldwin (ALEX) is $22.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $22.00. This represents a potential 12.99% upside from ALEX's last price of $19.47.
ALEX Analyst Ratings
According to 2 Wall Street analysts, Alexander & Baldwin's rating consensus is 'Buy'. The analyst rating breakdown for ALEX stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Alexander & Baldwin Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 25, 2024 | Alexander Goldfarb | Piper Sandler | $22.00 | $18.35 | 19.89% | 12.99% |
| May 20, 2024 | Alexander Goldfarb | Piper Sandler | $17.00 | $16.80 | 1.19% | -12.69% |
| Jun 30, 2022 | Sheila McGrath | Evercore ISI | $22.00 | $17.95 | 22.56% | 12.99% |
The latest Alexander & Baldwin stock forecast, released on Jul 25, 2024 by Alexander Goldfarb from Piper Sandler, set a price target of $22.00, which represents a 19.89% increase from the stock price at the time of the forecast ($18.35), and a 12.99% increase from ALEX last price ($19.47).
Alexander & Baldwin Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $19.50 |
| Last Closing Price | $19.47 | $19.47 | $19.47 |
| Upside/Downside | -100.00% | -100.00% | 0.15% |
In the current month, the average price target of Alexander & Baldwin stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Alexander & Baldwin's last price of $19.47. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 25, 2024 | Piper Sandler | Neutral | Overweight | Upgrade |
| May 20, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Nov 14, 2022 | Piper Sandler | - | Neutral | Downgrade |
| Jun 30, 2022 | Evercore ISI | Outperform | Outperform | Hold |
Alexander & Baldwin's last stock rating was published by Piper Sandler on Jul 25, 2024. The company Upgrade its ALEX rating from "Neutral" to "Overweight".
Alexander & Baldwin Financial Forecast
Alexander & Baldwin Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $52.90M | $50.40M | $70.80M | $97.20M | $88.10M | $98.20M | $124.70M | $84.30M | $89.30M | $81.00M | $72.80M | $77.80M | $73.90M | $80.80M | $107.60M | $89.10M | $109.10M | $129.40M |
| Avg Forecast | $44.64M | $46.29M | $48.01M | $49.79M | $50.67M | $50.12M | $49.54M | $49.15M | $49.68M | $55.88M | $48.30M | $49.25M | $49.15M | $50.80M | $95.40M | $89.00M | $91.40M | $82.65M | $88.55M | $87.30M | $85.05M | $72.05M | $83.35M | $77.35M | $67.35M | $87.65M | $97.55M | $103.93M | $104.63M | $89.23M |
| High Forecast | $45.42M | $47.10M | $48.85M | $50.66M | $51.56M | $50.99M | $50.41M | $50.01M | $50.02M | $55.88M | $49.15M | $50.11M | $49.20M | $51.69M | $109.52M | $89.00M | $91.40M | $82.65M | $88.55M | $87.30M | $85.05M | $72.05M | $83.35M | $77.35M | $67.35M | $87.65M | $97.55M | $103.93M | $104.63M | $89.23M |
| Low Forecast | $43.71M | $45.33M | $47.01M | $48.75M | $49.62M | $49.07M | $48.51M | $48.12M | $49.34M | $55.88M | $47.30M | $48.23M | $49.10M | $49.74M | $81.28M | $89.00M | $91.40M | $82.65M | $88.55M | $87.30M | $85.05M | $72.05M | $83.35M | $77.35M | $67.35M | $87.65M | $97.55M | $103.93M | $104.63M | $89.23M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 9 | 8 | 6 | 10 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.99% | 0.74% | 1.09% | 0.96% | 1.19% | 1.41% | 0.97% | 1.05% | 1.12% | 0.87% | 1.01% | 1.10% | 0.92% | 1.10% | 0.86% | 1.04% | 1.45% |
Alexander & Baldwin's average Quarter revenue forecast for Mar 24 based on 1 analysts is $49.25M, with a low forecast of $48.23M, and a high forecast of $50.11M. ALEX's average Quarter revenue forecast represents a -6.90% decrease compared to the company's last Quarter revenue of $52.90M (Dec 23).
Alexander & Baldwin EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 9 | 8 | 6 | 10 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $23.30M | $32.50M | $31.80M | $22.70M | $-8.10M | $28.00M | $25.00M | $25.20M | $32.30M | $29.60M | $21.10M | $23.20M | $16.90M | $27.60M | $25.90M | $-28.40M | $19.80M | $27.90M |
| Avg Forecast | $14.84M | $15.39M | $15.96M | $16.56M | $16.85M | $16.66M | $16.47M | $16.34M | $16.52M | $18.58M | $16.06M | $27.83M | $16.34M | $25.30M | $37.95M | $33.20M | $34.10M | $20.00M | $33.03M | $32.57M | $31.73M | $26.88M | $31.09M | $28.86M | $25.12M | $15.18M | $36.39M | $38.77M | $39.03M | $27.90M |
| High Forecast | $15.10M | $15.66M | $16.24M | $16.84M | $17.14M | $16.96M | $16.76M | $16.63M | $16.63M | $18.58M | $16.34M | $33.40M | $16.36M | $30.36M | $45.54M | $33.20M | $34.10M | $24.00M | $33.03M | $32.57M | $31.73M | $26.88M | $31.09M | $28.86M | $25.12M | $18.22M | $36.39M | $38.77M | $39.03M | $33.48M |
| Low Forecast | $14.53M | $15.07M | $15.63M | $16.21M | $16.50M | $16.32M | $16.13M | $16.00M | $16.41M | $18.58M | $15.73M | $22.26M | $16.33M | $20.24M | $30.36M | $33.20M | $34.10M | $16.00M | $33.03M | $32.57M | $31.73M | $26.88M | $31.09M | $28.86M | $25.12M | $12.14M | $36.39M | $38.77M | $39.03M | $22.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.43% | 1.28% | 0.84% | 0.68% | -0.24% | 1.40% | 0.76% | 0.77% | 1.02% | 1.10% | 0.68% | 0.80% | 0.67% | 1.82% | 0.71% | -0.73% | 0.51% | 1.00% |
1 analysts predict ALEX's average Quarter EBITDA for Mar 24 to be $27.83M, with a high of $33.40M and a low of $22.26M. This is 19.44% upper than Alexander & Baldwin's previous annual EBITDA (Dec 23) of $23.30M.
Alexander & Baldwin Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 9 | 8 | 6 | 10 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-3.50M | $18.60M | $-71.70M | $1.20M | $4.10M | $3.10M | $6.40M | $6.40M | $12.80M | $9.90M | $1.10M | $3.00M | $-4.70M | $6.20M | $5.20M | $-49.80M | $-800.00K | $9.00M |
| Avg Forecast | $13.11M | $12.38M | $12.38M | $11.65M | $11.65M | $10.92M | $10.92M | $10.92M | $10.19M | $15.29M | $9.47M | $10.63M | $4.37M | $9.66M | $9.56M | $9.81M | $-28.71M | $7.64M | $7.27M | $9.09M | $7.27M | $44.55M | $2.18M | $-726.92K | $-1.45M | $3.41M | $6.06M | $8.90M | $8.24M | $9.00M |
| High Forecast | $13.41M | $12.66M | $12.66M | $11.92M | $11.92M | $11.17M | $11.17M | $11.17M | $10.95M | $15.64M | $9.68M | $12.75M | $4.85M | $11.59M | $11.48M | $9.81M | $-28.71M | $9.16M | $7.27M | $9.09M | $7.27M | $53.46M | $2.18M | $-726.92K | $-1.45M | $4.09M | $6.06M | $8.90M | $8.24M | $10.80M |
| Low Forecast | $12.75M | $12.04M | $12.04M | $11.34M | $11.34M | $10.63M | $10.63M | $10.63M | $9.82M | $14.88M | $9.21M | $8.50M | $3.88M | $7.73M | $7.65M | $9.81M | $-28.71M | $6.11M | $7.27M | $9.09M | $7.27M | $35.64M | $2.18M | $-726.92K | $-1.45M | $2.73M | $6.06M | $8.90M | $8.24M | $7.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.80% | 1.93% | -7.50% | 0.12% | -0.14% | 0.41% | 0.88% | 0.70% | 1.76% | 0.22% | 0.50% | -4.13% | 3.23% | 1.82% | 0.86% | -5.59% | -0.10% | 1.00% |
Alexander & Baldwin's average Quarter net income forecast for Dec 23 is $4.37M, with a range of $3.88M to $4.85M. ALEX's average Quarter net income forecast represents a -76.51% decrease compared to the company's last Quarter net income of $18.60M (Mar 23).
Alexander & Baldwin SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 9 | 8 | 6 | 10 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.30M | $-5.90M | $12.80M | $13.50M | $12.40M | - | $13.30M | $13.20M | $12.20M | $11.60M | $11.70M | $9.00M | $14.50M | $16.90M | $13.30M | $16.20M | $15.50M |
| Avg Forecast | $6.07M | $6.29M | $6.52M | $6.77M | $6.89M | $6.81M | $6.73M | $6.68M | $6.75M | $7.59M | $6.56M | $15.99M | $6.68M | $14.54M | $12.96M | $12.09M | $12.42M | $11.49M | $12.03M | $11.86M | $11.56M | $54.90M | $11.33M | $10.51M | $9.15M | $7.97M | $13.25M | $14.12M | $14.22M | $15.50M |
| High Forecast | $6.17M | $6.40M | $6.64M | $6.88M | $7.01M | $6.93M | $6.85M | $6.79M | $6.80M | $7.59M | $6.68M | $19.19M | $6.68M | $17.44M | $14.88M | $12.09M | $12.42M | $13.79M | $12.03M | $11.86M | $11.56M | $65.88M | $11.33M | $10.51M | $9.15M | $9.57M | $13.25M | $14.12M | $14.22M | $18.60M |
| Low Forecast | $5.94M | $6.16M | $6.39M | $6.62M | $6.74M | $6.67M | $6.59M | $6.54M | $6.70M | $7.59M | $6.43M | $12.79M | $6.67M | $11.63M | $11.04M | $12.09M | $12.42M | $9.19M | $12.03M | $11.86M | $11.56M | $43.92M | $11.33M | $10.51M | $9.15M | $6.38M | $13.25M | $14.12M | $14.22M | $12.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.43% | -0.46% | 1.06% | 1.09% | 1.08% | - | 1.12% | 1.14% | 0.22% | 1.02% | 1.11% | 0.98% | 1.82% | 1.28% | 0.94% | 1.14% | 1.00% |
Alexander & Baldwin's average Quarter SG&A projection for Dec 23 is $6.68M, based on 2 Wall Street analysts, with a range of $6.67M to $6.68M. The forecast indicates a 6.01% rise compared to ALEX last annual SG&A of $6.30M (Mar 23).
Alexander & Baldwin EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 9 | 8 | 6 | 10 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.05 | $0.26 | $-0.99 | $0.02 | $0.06 | $0.04 | $0.09 | $0.09 | $0.18 | $0.14 | $0.01 | $0.04 | $-0.07 | $0.09 | $0.07 | $-0.69 | $-0.01 | $0.12 |
| Avg Forecast | $0.18 | $0.17 | $0.17 | $0.16 | $0.16 | $0.15 | $0.15 | $0.15 | $0.14 | $0.21 | $0.13 | $0.12 | $0.06 | $0.11 | $0.20 | $0.14 | $-0.40 | $0.10 | $0.10 | $0.13 | $0.10 | $0.01 | $0.03 | $-0.01 | $-0.02 | $0.06 | $0.08 | $0.12 | $0.11 | $0.12 |
| High Forecast | $0.18 | $0.17 | $0.17 | $0.16 | $0.16 | $0.15 | $0.15 | $0.15 | $0.15 | $0.21 | $0.13 | $0.12 | $0.07 | $0.11 | $0.20 | $0.14 | $-0.40 | $0.10 | $0.10 | $0.13 | $0.10 | $0.01 | $0.03 | $-0.01 | $-0.02 | $0.06 | $0.08 | $0.12 | $0.11 | $0.12 |
| Low Forecast | $0.18 | $0.17 | $0.17 | $0.16 | $0.16 | $0.15 | $0.15 | $0.15 | $0.13 | $0.20 | $0.13 | $0.12 | $0.05 | $0.11 | $0.19 | $0.14 | $-0.40 | $0.10 | $0.10 | $0.13 | $0.10 | $0.01 | $0.03 | $-0.01 | $-0.02 | $0.06 | $0.08 | $0.12 | $0.11 | $0.12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.80% | 2.36% | -4.95% | 0.12% | -0.15% | 0.41% | 0.88% | 0.72% | 1.80% | 9.33% | 0.50% | -4.00% | 3.50% | 1.42% | 0.84% | -5.63% | -0.09% | 0.97% |
According to 2 Wall Street analysts, Alexander & Baldwin's projected average Quarter EPS for Dec 23 is $0.06, with a low estimate of $0.05 and a high estimate of $0.07. This represents a -76.92% decrease compared to ALEX previous annual EPS of $0.26 (Mar 23).
Alexander & Baldwin Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SITC | SITE Centers | $16.16 | $33.53 | 107.49% | Hold |
| NTST | NETSTREIT | $15.94 | $23.95 | 50.25% | Buy |
| ALEX | Alexander & Baldwin | $19.47 | $22.00 | 12.99% | Buy |
| BFS | Saul Centers | $40.07 | $43.50 | 8.56% | Buy |
| UE | Urban Edge Properties | $23.47 | $25.00 | 6.52% | Buy |
| IVT | InvenTrust Properties | $30.88 | $32.50 | 5.25% | Buy |
| KRG | Kite Realty Group Trust | $27.36 | $27.50 | 0.51% | Buy |
| ROIC | Retail Opportunity Investments | $17.38 | $15.83 | -8.92% | Hold |
| AKR | Acadia Realty Trust | $24.98 | $20.50 | -17.93% | Buy |