HONOLULU, July 25, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator and developer of high-quality commercial real estate in Hawai'i, today announced net income available to A&B common shareholders of $9.1 million, or $0.13 per diluted share, and Commercial Real Estate ("CRE") operating profit of $22.6 million for the second quarter of 2024.Q2 2024 HighlightsFunds From Operations ("FFO") of $20.6 million, or $0.28 per diluted share / Adjusted F ...

HONOLULU, July 24, 2024 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator and developer of high-quality commercial real estate in Hawai'i, approved a third quarter 2024 dividend of $0.2225 (twenty-two and ¼ cents) per share. The dividend is payable on October 7, 2024, to shareholders of record as of the close of business on September 20, 2024.ABOUT ALEXANDER & BALDWINAlexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only ...

HONOLULU, July 9, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator and developer of high-quality commercial real estate in Hawai'i, will report results for the second quarter 2024, after the market closes, on Thursday, July 25, 2024. In connection with this announcement, A&B will host a conference call and webcast on Thursday, July 25, 2024, at 5:00 p.m. ET.The call and webcast will feature a discussion on second quarter 2024 operating and fin ...

The authority in all things pickle created the summer's must-have pickleball bag with an NYC leather legendNEW YORK, July 9, 2024 /PRNewswire/ -- B&G Foods, in collaboration with Made by Alex, announced today the exciting launch of the B&G® Pickleball Bag x Made by Alex, a pickleball bag designed for handbag, pickle and pickleball enthusiasts alike. The B&G® brand, originally known as Bloch & Guggenheimer®, originated in the streets of New York City in 1889, and its pickles, peppers, relishes, olives, sauer ...

jewhyte/iStock Editorial via Getty Images Introduction Alexander & Baldwin (NYSE:ALEX) has underperformed the Vanguard Real Estate Index Fund ETF (VNQ) so far in 2024, as the shares are down in the low-double digits against a 5% decline in the benchmark ETF: ALEX vs VNQ in 2024 (Seeking Alpha) I think this has pushed the REIT to an undervalued level as the stock offers a high single-digit return potential with really modest leverage. In fact, leverage is so low you may consider it a negative in light of the ...

HONOLULU, May 28, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator and developer of high-quality commercial real estate in Hawai'i, today announced that its management team will participate in Nareit's REITweek: 2024 Investor Conference in New York. A&B will present an overview of its business and operations, followed by a question and answer session.Alexander & Baldwin PresentationDate: Tuesday, June 4, 2024Time:  2:15 p.m. – 2:45 p.m. Easter ...

mustafaU Written by Nick Ackerman. For some background on this monthly publication, here is my view on dividend growth stocks: Dividend growth stocks aren't always the most exciting investments out there. They often aren't grabbing the headlines, and they aren't the stocks running up hundreds of percentages in a year. In fact, they are often some of the least exciting stocks. And that is precisely their strongest selling point. With such a vast world of dividend growth stocks available out there, it is imp ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 14th:Alexander & Baldwin Holdings (ALEX) : This real estate investment trust which owns, operates and manages retail, industrial and office space primarily in Hawaii and on the U.S. Mainland, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.This Zacks Rank #1 (Strong Buy) company has a dividend yield of 5.3%, compared with the industry avera ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________________ to _________________ Commission file number 001-35492 ALEXANDER & BALDWIN, INC. (Exact name of registrant as specified in its charter) Hawaii 45-4 ...

财务数据和关键指标变化 - 净收入可供股东使用为2000万美元,每股0.28美元 [14] - FFO为2920万美元,每股0.40美元,较上年同期增长 [14][15] - AFFO为2550万美元,每股0.35美元,较上年同期增长 [16] - 总债务为4.58亿美元,净债务/EBITDA为3.8倍,较上年末4.2倍有所下降 [20] 各条业务线数据和关键指标变化 - 商业地产和公司业务的FFO每股为0.29美元,较上年同期增长0.03美元 [15] - 土地业务的FFO每股为0.11美元,上年同期为0美元 [15] - 同店NOI增长4.1%,剔除之前预留金额收回的影响为3.9% [9] - 同店租赁率为95%,较上年同期上升20个基点但较上季度下降70个基点 [9] - 同店经济租赁率为93.3%,较上年同期下降10个基点,较上季度下降70个基点 [9] - 在改善物业组合中签署44份租约,总面积约21.2万平方英尺,新租赁和续租租金上涨分别为11.8%和7.2% [9] 各个市场数据和关键指标变化 - 夏威夷州2月末失业率为3.1%,低于全国平均水平3.9% [12] - 2024年前2个月夏威夷接待游客150万人次,与2023年持平 [12] - 来自美国本土的游客人数超过疫情前水平,来自日本的游客人数较2023年同期增加80%,但仍只有疫情前一半 [12] 公司战略和发展方向及行业竞争 - 公司将继续优先出售非核心资产,简化业务 [10][45][46] - 公司正积极寻找收购和内部发展机会,包括在毛伊岛商业园的开发项目 [36][37][38][41][42][43] - 公司对未来增长机会持乐观态度,认为目前各类资产类型的市场条件都很有利 [42][43] 管理层对经营环境和未来前景的评论 - 公司在第一季度表现出色,体现了出色团队和优质资产的实力 [26] - 公司的资产组合表现良好,资产负债表稳健,已采取措施限制利率上升风险 [26] - 公司正在推进内部增长计划,对今年前3个月审核的外部投资机会感到鼓舞 [26] 问答环节重要的提问和回答 问题1 **Rob Stevenson 提问** 土地业务相关的FFO在第一季度有多少?占全年指引的0.05-0.11美元的比重是多少? [29][30][31] **Clayton Chun 回答** 第一季度土地业务FFO为0.11美元,已反映在修正后的全年指引中 [30] 问题2 **Connor Mitchell 提问** 公司如何看待未来资产类型的配置,是否会更多关注某些类型? [41][42][43][44][45][46] **Lance Parker 回答** 公司对现有的零售、工业和地租资产类型都持乐观态度,未来投资机会将更看重风险调整后的收益率,而不是特定资产类型 [42][43] 问题3 **Mitch Germain 提问** 公司提到地租和办公物业将在下半年拖累同店NOI增长,这是否意味着增长率将从4%下降到2%左右? [50][51][52][53] **Lance Parker 回答** 是的,地租续租带来的大额租金上涨以及部分办公物业的租户搬出,将拖累下半年的同店NOI增长 [51][52]