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Alexander & Baldwin Ends Agreement with Mahi Pono

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Alexander & Baldwin Ends Agreement with Mahi Pono

Confident Investing Starts Here:

Alexander & Baldwin ( (ALEX) ) has provided an update.

On June 17, 2025, Alexander & Baldwin, Inc. and its subsidiaries entered into a Termination Agreement with Mahi Pono Holdings, LLC, effectively ending their previous Purchase and Sale Agreement from December 2018. As part of this agreement, A&B will transfer its 50% ownership in East Maui Irrigation Company, LLC, forego $2.7 million in payments, and pay Mahi Pono $55.3 million over four years, impacting the company’s financial commitments and strategic positioning.

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 demonstrates robust financial health and strategic growth in its CRE portfolio, supported by strong earnings performance. The stock’s valuation and technical indicators suggest a stable outlook, though macroeconomic uncertainties pose potential risks.

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

More about Alexander & Baldwin

Alexander & Baldwin, Inc. operates in the real estate and agriculture sectors, focusing on property development and management, as well as agricultural land operations.

Average Trading Volume: 472,334

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.31B

See more insights into ALEX stock on TipRanks’ Stock Analysis page.

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