Amalgamated Bank Offloads 1823 Shares of Alexander & Baldwin,
August 10, 2023
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Alexander & Baldwin ($NYSE:ALEX) is one of the largest and most diversified real estate companies in the state of Hawaii. They specialize in owning, operating, and developing a portfolio of commercial, industrial, and residential real estate assets throughout the state. Alexander & Baldwin’s stock is traded on the New York Stock Exchange under the symbol ALEX. Today, it operates in many industries, including commercial real estate development, property management, investment management, and construction services.
Alexander & Baldwin services both public and private clients, offering a range of services to meet their needs. Over the years, Alexander & Baldwin has built a strong reputation for its commitment to quality and efficiency. The company continues to be a leader in the Hawaiian real estate industry and is well positioned to take advantage of future growth opportunities.
Stock Price
ALEXANDER & BALDWIN’s stock opened at $18.9 for the day and closed at the same price, representing a 0.1% increase from the previous closing price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ALEX. More…
| Total Revenues | Net Income | Net Margin |
| 223.7 | -46.7 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ALEX. More…
| Operations | Investing | Financing |
| 42.5 | -30.8 | -35.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ALEX. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.78k | 752 | 14.1 |
Key Ratios Snapshot
Some of the financial key ratios for ALEX are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 27.4% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we recently completed a thorough analysis of ALEXANDER & BALDWIN’s financials. Our Risk Rating system has determined that ALEXANDER & BALDWIN is a low-risk investment in terms of both financial and business aspects. However, we have detected one potential risk warning in the company’s balance sheet. If you are considering investment in ALEXANDER & BALDWIN, we recommend registering with us to explore this risk warning and to take all necessary precautions. Our team of experts is always here to help you make informed decisions. More…
Peers
Headquartered in Honolulu, Hawaii, A&B owns, operates and develops commercial and residential properties in the Pacific Rim, with a focus on Hawaii and California. The company’s portfolio includes office, retail, industrial and resort properties. A&B’s main competitors are Armada Hoffler Properties Inc, AmFirst Real Estate Investment Trust and Realestatinvrei.
– Armada Hoffler Properties Inc ($NYSE:AHH)
Armada Hoffler Properties Inc is a real estate investment trust that owns, develops, and manages commercial real estate properties. The company’s portfolio consists of office, retail, and mixed-use properties. As of 2022, Armada Hoffler Properties Inc has a market cap of 792.44M. The company is headquartered in Virginia Beach, Virginia.
– AmFirst Real Estate Investment Trust ($KLSE:5120)
First Real Estate Investment Trust has a market cap of 253.97M as of 2022. The company focuses on the ownership and management of retail properties in the United States. As of December 31, 2020, the company owned and operated 117 retail properties.
Summary
Alexander & Baldwin, Inc. (NYSE: ALEX) recently had 1823 shares sold by Amalgamated Bank. This is supported by a strong balance sheet and healthy cash flow, which allows for continued investment in research and development. This suggests that the stock may be slightly overvalued at current levels. Overall, Alexander & Baldwin, Inc. is a solid investment option for those looking for consistent returns in the long-term.
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