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.
Alexander & Baldwin, Inc. (NYSE: ALEX) is a Hawai'i-based real estate investment trust that focuses exclusively on Hawai'i commercial real estate. Company news frequently highlights its position as the state's largest owner of grocery-anchored, neighborhood shopping centers and its ownership, operation and management of approximately 4.0 million square feet of commercial space across retail, industrial, office and ground lease assets.
News coverage for ALEX often centers on its Commercial Real Estate segment performance, including quarterly results, funds from operations (FFO), same-store net operating income (NOI), leased occupancy and leasing spreads. Regular earnings releases provide detail on CRE operating revenue and operating profit, leasing activity across improved properties, and occupancy trends in the retail and industrial portfolios.
Another key theme in Alexander & Baldwin news is development and redevelopment activity within its Hawai'i portfolio. The company has issued press releases describing projects such as new Class A industrial buildings at Komohana Industrial Park in Kapolei, O'ahu, and a warehouse and distribution center at Maui Business Park, as well as long-term ground leases that convert non-income producing land into income-producing assets.
Capital markets and balance sheet updates also appear in ALEX news, including amendments to its revolving credit facility, the addition of a term loan facility and related interest rate swaps. In December 2025, a major news item was the announcement of a definitive merger agreement under which a joint venture formed by MW Group and funds affiliated with Blackstone Real Estate and DivcoWest will acquire all outstanding A&B common shares in an all-cash transaction, after which the company states it will become a private company, subject to closing conditions. Investors and observers can use the ALEX news feed to follow these earnings announcements, portfolio developments, financing actions and transaction milestones over time.
Alexander & Baldwin (NYSE: ALEX) has declared its second quarter 2025 dividend of $0.225 per share. The dividend will be distributed on July 9, 2025, to shareholders who are on record as of the close of business on June 13, 2025.
Alexander & Baldwin (NYSE: ALEX) has secured a 75-year ground lease agreement for 4.7 acres at its Maui Business Park Phase II project in Kahului, Maui. The lease, established with a prominent self-storage developer, represents the company's strategy to convert non-income generating land into productive assets.
CEO Lance Parker highlighted the strong commercial activity at Maui Business Park and noted that alongside their ongoing build-to-suit development project, this capital-efficient approach allows A&B to potentially invest in the asset's development while expanding their commercial real estate portfolio in Hawaii.
Alexander & Baldwin (NYSE: ALEX), a Hawaii-based commercial real estate company, has scheduled its first quarter 2025 earnings release for Thursday, April 24, 2025, after market close. The company will host a conference call and webcast at 5:00 p.m. ET on the same day.
The earnings discussion will feature Lance Parker, president and CEO, and Clayton Chun, executive vice president, CFO and treasurer, along with other senior management members. The event will include a presentation of Q1 2025 operating and financial performance, followed by a Q&A session with sell-side analysts.
Investors can access the call via phone (Domestic: 1-800-836-8184; International: 1-646-357-8785) or webcast at the provided link. Earnings documents will be available on the company's investor website after market close on April 24.
Alexander & Baldwin (NYSE: ALEX) reported strong Q4 2024 financial results with net income of $12.4 million ($0.17 per diluted share) and Commercial Real Estate operating profit of $22.0 million. For full-year 2024, net income reached $60.5 million ($0.83 per diluted share) with CRE operating profit of $89.4 million.
Key highlights include FFO of $22.0 million in Q4 and $100.0 million for the full year. The company achieved healthy occupancy rates of 94.6% and impressive leasing spreads of 14.0% in Q4. Notable developments include construction of a 29,550 sq ft warehouse at Maui Business Park II and acquisition of an 81,500 sq ft distribution facility for $29.7 million.
The company maintains strong liquidity of $333.4 million and successfully amended its revolving credit facility to $450.0 million, extending to October 2028. The quarterly dividend remains steady at $0.2250 per share.
Alexander & Baldwin (NYSE: ALEX) has declared its first quarter 2025 dividend of $0.225 per share. The dividend will be distributed on April 7, 2025, to shareholders who are on record as of the market close on March 14, 2025.
Alexander & Baldwin (NYSE: ALEX) has released its 2024 dividend distribution reporting information for common shares. The company paid quarterly dividends totaling $0.8925 per share throughout 2024, distributed as follows:
- Q1: $0.2225 (payable April 5, 2024)
- Q2: $0.2225 (payable July 8, 2024)
- Q3: $0.2225 (payable October 7, 2024)
- Q4: $0.2250 (payable January 8, 2025)
All distributions were classified as ordinary income, with 100% being non-qualified dividends. Shareholders will receive Form 1099-DIV from Computershare or their brokers for tax reporting purposes.
Alexander & Baldwin (NYSE: ALEX), a Hawai'i-based commercial real estate company, has scheduled its fourth quarter and full-year 2024 earnings release for Thursday, February 27, 2025, after market close. The company will host a conference call and webcast at 5:00 p.m. ET on the same day.
The event will feature discussions on quarterly and annual operating and financial performance, followed by a Q&A session with sell-side research analysts. Lance Parker, president and CEO, and Clayton Chun, executive vice president, CFO and treasurer, along with other senior management members will participate.
Investors can access the call via phone (Domestic: 1-800-836-8184; International: 1-646-357-8785) or webcast at https://app.webinar.net/1pBdPKEQRZL. Earnings documents will be available on the company's investor website after market close on February 27.
Alexander & Baldwin (NYSE: ALEX) announced that its Board of Directors approved an increased fourth quarter 2024 dividend. The dividend has been raised to $0.225 per share from the previous $0.2225 per share. This dividend is payable on January 8, 2025 to shareholders of record as of the close of business on December 20, 2024.
Alexander & Baldwin (NYSE: ALEX) reported strong Q3 2024 results with net income of $19.0 million ($0.26 per diluted share) and Commercial Real Estate operating profit of $22.8 million. The company achieved FFO of $28.2 million ($0.39 per diluted share) and Adjusted FFO of $23.4 million ($0.32 per diluted share). Key highlights include 4.1% CRE Same-Store NOI growth, 94.0% leased occupancy, and 15.3% comparable blending leasing spreads. The company completed the acquisition of an 81,500 square foot food distribution facility and raised its 2024 guidance, with revised FFO guidance of $1.27-$1.35 per diluted share.
Alexander & Baldwin, Inc. (NYSE: ALEX), a Hawai'i-based commercial real estate company, has amended its revolving credit facility. The key changes include:
1. Extended term to October 2028, with two six-month extension options
2. Borrowing capacity of $450 million
3. Interest rate remains at SOFR plus 1.05% based on a leverage-based pricing grid, plus a SOFR adjustment of 0.10%
4. Facility fee unchanged at 0.15% based on a leverage-based pricing grid
The facility's Joint Lead Arrangers and Joint Bookrunners are BofA Securities, Inc., First Hawaiian Bank, KeyBanc Capital Markets Inc., and Wells Fargo Securities, Bank of America N.A. serves as the administrative agent.
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