tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Alexander & Baldwin Amends Credit Facility for Growth

Story Highlights
  • Alexander & Baldwin amended its credit facility and added a $200 million term loan.
  • The company used the term loan to repay its revolving credit, enhancing financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alexander & Baldwin Amends Credit Facility for Growth

Meet Your ETF AI Analyst

The latest announcement is out from Alexander & Baldwin ( (ALEX) ).

On November 3, 2025, Alexander & Baldwin, Inc. amended its unsecured revolving credit facility, maintaining a $450 million borrowing capacity and introducing a new $200 million term loan facility to enhance its capital structure and financial flexibility. The company utilized the full $200 million term loan to repay the outstanding balance on the revolving credit facility, thereby replenishing its revolving capacity, lowering its cost of capital, and extending the weighted average maturity of its borrowings. This strategic financial maneuver aligns with the company’s long-term growth initiatives, as highlighted by the interest rate swap agreements that lock in the term loan at a fixed rate, ultimately strengthening the company’s balance sheet and improving liquidity.

The most recent analyst rating on (ALEX) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Alexander & Baldwin stock, see the ALEX Stock Forecast page.

Spark’s Take on ALEX Stock

According to Spark, TipRanks’ AI Analyst, ALEX is a Outperform.

Alexander & Baldwin’s overall stock score is driven by strong financial performance and a positive earnings call outlook, with raised FFO guidance and robust CRE portfolio metrics. However, technical indicators suggest bearish momentum, which tempers the overall score.

To see Spark’s full report on ALEX stock, click here.

More about Alexander & Baldwin

Alexander & Baldwin, Inc. (NYSE: ALEX) is the only publicly-traded real estate investment trust focusing exclusively on Hawai‘i commercial real estate. It is the state’s largest owner of grocery-anchored, neighborhood shopping centers, owning, operating, and managing approximately 4.0 million square feet of commercial space in Hawai‘i, including 21 retail centers, 14 industrial assets, and four office properties, as well as 146 acres of ground lease assets.

Average Trading Volume: 425,797

Technical Sentiment Signal: Sell

Current Market Cap: $1.14B

For an in-depth examination of ALEX stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1