MAUI LAND & PINEAPPLE CO INC (MLP) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does MAUI LAND & PINEAPPLE CO INC Do?
Maui Land & Pineapple Company, Inc., together with its subsidiaries, develops, manages, and sells residential, resort, commercial, agricultural, and industrial real estate properties in the United States. It operates through Real Estate, Leasing, and Resort Amenities segments. The Real Estate segment is involved in the land planning and entitlement, development, and sale of its landholdings on Maui. This segment also provides licensed general brokerage services for properties in the Kapalua Resort and surrounding areas. The Leasing segment leases commercial, agricultural, and industrial land and properties; and licenses its registered trademarks and trade names, as well as provides stewardship and conservation services. This segment also operates ditches, reservoirs, and well systems that provide potable and non-potable water to West and Upcountry Maui areas. The Resort Amenities segment manages the operations of the Kapalua Club, a private non-equity club program that provides its members special programs, access, and other privileges at certain amenities at the Kapalua Resort. The company owns approximately 23,000 acres of land on the island of Maui, Hawaii. Maui Land & Pineapple Company, Inc. was founded in 1909 and is based in Lahaina, Hawaii. MAUI LAND & PINEAPPLE CO INC (MLP) is classified as a small-cap stock in the Real Estate sector. The company is led by CEO Warren H. Haruki and employs approximately 9 people, headquartered in LAHAINA, Hawaii. With a market capitalization of $318M, MLP is one of the notable companies in the Real Estate sector.
MAUI LAND & PINEAPPLE CO INC (MLP) Stock Rating — Reduce (April 2026)
As of April 2026, MAUI LAND & PINEAPPLE CO INC receives a Reduce rating with a composite score of 38.5/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.MLP ranks #2,242 out of 4,446 stocks in our coverage universe. Within the Real Estate sector, MAUI LAND & PINEAPPLE CO INC ranks #26 of 57 stocks, placing it in the upper half of its Real Estate peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
MLP Stock Price and 52-Week Range
MAUI LAND & PINEAPPLE CO INC (MLP) currently trades at $15.90. The stock lost $0.38 (2.3%) in the most recent trading session. The 52-week high for MLP is $20.34, which means the stock is currently trading -21.8% from its annual peak. The 52-week low is $13.84, putting the stock 14.9% above its annual trough. Recent trading volume was 7K shares, suggesting relatively thin trading activity.
Is MLP Overvalued or Undervalued? — Valuation Analysis
MAUI LAND & PINEAPPLE CO INC (MLP) carries a value factor score of 33/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 1526.00x, compared to the Real Estate sector average of 32.31x — a premium of 4622%. The price-to-book ratio stands at 9.60x, versus the sector average of 1.18x. The price-to-sales ratio is 17.67x, compared to 0.80x for the average Real Estate stock.
At current multiples, MAUI LAND & PINEAPPLE CO INC trades at a premium to most Real Estate peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
MAUI LAND & PINEAPPLE CO INC Profitability — ROE, Margins, and Quality Score
MAUI LAND & PINEAPPLE CO INC (MLP) earns a quality factor score of 38/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -35.2%, compared to the Real Estate sector average of 1.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -24.3% versus the sector average of 0.8%.
On a margin basis, MAUI LAND & PINEAPPLE CO INC reports gross margins of 85.0%, compared to 26.0% for the sector. The operating margin is -31.9% (sector: 3.7%). Net profit margin stands at -59.8%, versus 1.8% for the average Real Estate stock. Revenue growth is running at 71.1% on a trailing basis, compared to 6.1% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
MLP Debt, Balance Sheet, and Financial Health
MAUI LAND & PINEAPPLE CO INC has a debt-to-equity ratio of 45.0%, compared to the Real Estate sector average of 60.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.24x, suggesting adequate working capital coverage. Total debt on the balance sheet is $3M. Cash and equivalents stand at $5M.
MLP has a beta of 1.06, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for MAUI LAND & PINEAPPLE CO INC is 60/100, reflecting average volatility within the normal range for its sector.
MAUI LAND & PINEAPPLE CO INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, MAUI LAND & PINEAPPLE CO INC reported revenue of $18M and earnings per share (EPS) of $-0.54. Net income for the quarter was $-12M. Gross margin was 85.0%. Operating income came in at $-5M.
In FY 2025, MAUI LAND & PINEAPPLE CO INC reported revenue of $19M and earnings per share (EPS) of $-0.54. Net income for the quarter was $-11M. Revenue grew 68.2% year-over-year compared to FY 2024. Operating income came in at $-5M.
In Q3 2025, MAUI LAND & PINEAPPLE CO INC reported revenue of $5M and earnings per share (EPS) of $0.01. Net income for the quarter was $240,000. Revenue grew 49.4% year-over-year compared to Q3 2024. Operating income came in at $-360,000.
In Q2 2025, MAUI LAND & PINEAPPLE CO INC reported revenue of $5M and earnings per share (EPS) of $-0.05. Net income for the quarter was $-999,000. Revenue grew 74.0% year-over-year compared to Q2 2024. Operating income came in at $-711,000.
Over the past 8 quarters, MAUI LAND & PINEAPPLE CO INC has demonstrated a growth trajectory, with revenue expanding from $3M to $18M. Investors analyzing MLP stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
MLP Dividend Yield and Income Analysis
MAUI LAND & PINEAPPLE CO INC (MLP) does not currently pay a dividend. This is common among smaller companies in the Real Estate industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Real Estate dividend stocks may want to explore other Real Estate stocks or use the stock screener to filter by dividend yield.
MLP Momentum and Technical Analysis Profile
MAUI LAND & PINEAPPLE CO INC (MLP) has a momentum factor score of 34/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 22/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 56/100 reflects moderate short selling activity.
MLP vs Competitors — Real Estate Sector Ranking and Peer Comparison
Within the Real Estate sector, MAUI LAND & PINEAPPLE CO INC (MLP) ranks #26 out of 57 stocks based on the Blank Capital composite score. This places MLP in the upper half of all Real Estate stocks in our coverage universe. Key competitors and sector peers include Urban Edge Properties (UE) with a score of 51.9/100, Kennedy-Wilson Holdings, Inc. (KW) with a score of 48.0/100, AMREP CORP. (AXR) with a score of 49.0/100, GETTY REALTY CORP /MD/ (GTY) with a score of 53.1/100, and Curbline Properties Corp. (CURB) with a score of 50.5/100.
Comparing MLP against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MLP vs S&P 500 (SPY) comparison to assess how MAUI LAND & PINEAPPLE CO INC stacks up against the broader market across all factor dimensions.
MLP Next Earnings Date
No upcoming earnings date has been announced for MAUI LAND & PINEAPPLE CO INC (MLP) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy MLP? — Investment Thesis Summary
The quantitative profile for MAUI LAND & PINEAPPLE CO INC suggests caution. The quality score of 38/100 flags below-average profitability. The value score of 33/100 indicates premium valuation. Momentum is weak at 34/100, a headwind for near-term performance. Low volatility (stability score 60/100) reduces downside risk.
In summary, MAUI LAND & PINEAPPLE CO INC (MLP) earns a Reduce rating with a composite score of 38.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MLP stock.
Related Resources for MLP Investors
Explore more research and tools: MLP vs S&P 500 comparison, top Real Estate stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MLP head-to-head with peers: MLP vs UE, MLP vs KW, MLP vs AXR.