Somewhat Positive Media Coverage Somewhat Unlikely to Affect Alexander & Baldwin (NYSE:ALEX) Stock Price

Press coverage about Alexander & Baldwin (NYSE:ALEX) has been trending somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Alexander & Baldwin earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.3399950257292 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:

ALEX traded down $0.23 during trading on Friday, hitting $23.01. 605,260 shares of the stock traded hands, compared to its average volume of 324,109. Alexander & Baldwin has a twelve month low of $21.78 and a twelve month high of $46.96. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.16 and a current ratio of 0.16.

Alexander & Baldwin (NYSE:ALEX) last announced its quarterly earnings data on Wednesday, February 28th. The financial services provider reported $0.19 EPS for the quarter. Alexander & Baldwin had a net margin of 53.70% and a return on equity of 2.92%. The business had revenue of $122.70 million during the quarter.

Separately, JMP Securities upgraded shares of Alexander & Baldwin from a “market perform” rating to an “outperform” rating in a research report on Tuesday, February 20th.

In other Alexander & Baldwin news, Director Stanley M. Kuriyama sold 6,300 shares of the business’s stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $24.30, for a total transaction of $153,090.00. Following the completion of the transaction, the director now directly owns 400,439 shares in the company, valued at $9,730,667.70. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 18,900 shares of company stock valued at $468,216. Company insiders own 6.70% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Alexander & Baldwin (NYSE:ALEX) Stock Price” was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this story can be accessed at

About Alexander & Baldwin

Alexander & Baldwin, Inc (A&B) is a real estate company. The Company operates through three segments: Commercial Real Estate, Land Operations, and Materials and Construction. In addition to its 15 retail centers in Hawaii, the Company owned seven industrial assets, seven office properties and a portfolio of urban ground leases comprising 106 acres in Hawaii, as of December 31, 2016.

Insider Buying and Selling by Quarter for Alexander & Baldwin (NYSE:ALEX)

Receive News & Ratings for Alexander & Baldwin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexander & Baldwin and related companies with's FREE daily email newsletter.

Leave a Reply