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. The company 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 residential, resort, 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 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 providing its members special programs, access, and other privileges at certain amenities at the Kapalua Resort. It 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.
IPO Year: 1998
Exchange: NYSE
Website: mauiland.com
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KAPALUA, Hawaii, May 15, 2025 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the quarter ended March 31, 2025. The Company also announced a new agriculture-based business venture designed to maximize the value of currently underutilized croplands and stimulate economic revitalization on Maui. Additional updates from the Company will be shared at its Annual Meeting of Stockholders, which will be held virtually on Wednesday, May 21, 2025, at 8:30 a.m., Hawai‘i Standard Time, via conference call and posted to the Company website concurrently. "In the first quarter of 2025, we advanced efforts to strengthen the fundamentals of our
KAPALUA, Hawai‘i, March 31, 2025 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the year ended December 31, 2024 and announced the date and time of their Annual Meeting of Stockholders, which will be held virtually on Wednesday, May 21, 2025, at 8:30 a.m., Hawai‘i Standard Time, via conference call. "In 2024, our team made significant strides in implementing a strategic plan to put our vast portfolio to its most productive use in a way that contributes to building stronger, more resilient communities," remarks Race Randle, CEO of Maui Land & Pineapple Company, Inc. "Our progress in advancing a broad spectrum of land and housing
KAPALUA, Hawai‘i, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the nine month period ended September 30, 2024. "Our third-quarter results demonstrate strong momentum across all business segments, with an 18.6% increase in revenue compared to last year," said CEO Race Randle. "We're encouraged by this growth as we continue making strategic investments in our portfolio of commercial properties and landholdings. This includes progressing the planning on over 3,500 acres in West Maui and over 600 acres in Hali‘imaile, with improvements and value uplift to occur over the next several years. These initiatives reinforc
KAPALUA, Hawaii, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the six month period ended June 30, 2024. "Maui Land & Pineapple Company's mid-year results reflect positive momentum as we activate our vast portfolio of prime assets into productive use, thus supporting improved economic stability for the company and value creation for shareholders. With our mission of meeting the critical needs of our Maui community, combined with a profound sense of urgency, our team is focused on supporting local businesses and improving the quality of life on Maui," said CEO, Race Randle. Second Quarter 2024 Highlights Strateg
KAPALUA, Hawaii, May 13, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the three month period ended March 31, 2024. The company's annual meeting and shareholder presentation will be held virtually on May 15, 2024 at 10:00 a.m. Hawaii Standard Time, via meeting link posted on mauiland.com/investors. "Maui Land & Pineapple Company's renewed mission to maximize the productive use of our diverse portfolio of land and commercial properties is starting to yield tangible results," said CEO Race Randle. "Despite the challenges following the 2023 Maui wildfires, concerted efforts to reposition and increase occupancy at the Kapalua
KAPALUA, Hawaii, March 28, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the year ended December 31, 2023 and the date and time of their Annual Meeting of Stockholders, which will be held virtually on Wednesday, May 15, 2024, at 10:00 a.m., Hawai‘i Standard Time, via conference call. "After more than a century in operation and a multi-year focus on financial stabilization, Maui Land and Pineapple Company entered 2024 debt-free, with a new leadership team and a renewed vision guiding the company's next chapter," said CEO Race Randle. "In 2023, we completed a holistic review of MLP's premier portfolio of land and commercial
MAUI, Hawaii, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) announced the appointment of two new Independent Directors to its Board, effective January 1, 2024: Catherine Ngo, a seasoned leader at the intersection of finance, technology, and law; and Maui native Ken Ota, a successful local entrepreneur with over 30 years of experience in the construction industry and water infrastructure. "Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors. We look forward to their thoughtful guidance as we chart the course for a future of growth," said Race Randle, CEO of Maui Land & Pineapple Company. "Their e
KAPALUA, Hawaii, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the nine months ended September 30, 2023. "Following the August wildfires on Maui, we continue to focus on resiliency by supporting current and future needs of the community through an increased housing supply, food and water security, and renewed connections of people and place. As the stewards of land and commercial property on Maui, our mission is to meet these critical needs by carefully ensuring our assets are actively used to their fullest potential. Nearly all our current tenants have reopened their businesses following the fires; however, th
KAPALUA, Hawaii, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported its second quarter financial results along with a company update after wildfire destruction to the Upcountry area and severe impacts to the nearby town of Lahaina, Maui. The report covers the second quarter and six months ended June 30, 2023. "The destruction from wildfires on Maui is devastating. Our hearts go out to the families across the island who have lost loved ones, homes, history, and more. We are grateful that Maui Land & Pineapple Company team members and assets are safe. In this time of great need, we are focused on mobilizing in support of the relief efforts
Hawaii-born, AOL Co-founder, and Revolution CEO, to donate to the Hawaii Community Foundation, World Central Kitchen, American Red Cross, and Salvation Army Hawaii-born and raised entrepreneur and philanthropist, Steve Case, announced a $1 million contribution to support communities affected by the wildfires on Maui. The donation is being made by the Grove Farm Foundation, the philanthropic arm of Case's Kaua'i-based Grove Farm. In addition, Maui Land & Pineapple, where Case is the majority investor, has announced a series of steps, detailed below, to provide on island support, as well as a long-term commitment to assist in Maui's rebuilding efforts. "The destruction and loss on Maui is
KAPALUA, Hawaii, May 15, 2025 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the quarter ended March 31, 2025. The Company also announced a new agriculture-based business venture designed to maximize the value of currently underutilized croplands and stimulate economic revitalization on Maui. Additional updates from the Company will be shared at its Annual Meeting of Stockholders, which will be held virtually on Wednesday, May 21, 2025, at 8:30 a.m., Hawai‘i Standard Time, via conference call and posted to the Company website concurrently. "In the first quarter of 2025, we advanced efforts to strengthen the fundamentals of our
KAPALUA, Hawai‘i, March 31, 2025 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the year ended December 31, 2024 and announced the date and time of their Annual Meeting of Stockholders, which will be held virtually on Wednesday, May 21, 2025, at 8:30 a.m., Hawai‘i Standard Time, via conference call. "In 2024, our team made significant strides in implementing a strategic plan to put our vast portfolio to its most productive use in a way that contributes to building stronger, more resilient communities," remarks Race Randle, CEO of Maui Land & Pineapple Company, Inc. "Our progress in advancing a broad spectrum of land and housing
KAPALUA, Hawaii, March 28, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the year ended December 31, 2023 and the date and time of their Annual Meeting of Stockholders, which will be held virtually on Wednesday, May 15, 2024, at 10:00 a.m., Hawai‘i Standard Time, via conference call. "After more than a century in operation and a multi-year focus on financial stabilization, Maui Land and Pineapple Company entered 2024 debt-free, with a new leadership team and a renewed vision guiding the company's next chapter," said CEO Race Randle. "In 2023, we completed a holistic review of MLP's premier portfolio of land and commercial
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KAPALUA, Hawaii, May 13, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the three month period ended March 31, 2024. The company's annual meeting and shareholder presentation will be held virtually on May 15, 2024 at 10:00 a.m. Hawaii Standard Time, via meeting link posted on mauiland.com/investors. "Maui Land & Pineapple Company's renewed mission to maximize the productive use of our diverse portfolio of land and commercial properties is starting to yield tangible results," said CEO Race Randle. "Despite the challenges following the 2023 Maui wildfires, concerted efforts to reposition and increase occupancy at the Kapalua
MAUI, Hawaii, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) announced the appointment of two new Independent Directors to its Board, effective January 1, 2024: Catherine Ngo, a seasoned leader at the intersection of finance, technology, and law; and Maui native Ken Ota, a successful local entrepreneur with over 30 years of experience in the construction industry and water infrastructure. "Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors. We look forward to their thoughtful guidance as we chart the course for a future of growth," said Race Randle, CEO of Maui Land & Pineapple Company. "Their e
KAPALUA, Hawaii, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results covering the nine months ended September 30, 2023. "Following the August wildfires on Maui, we continue to focus on resiliency by supporting current and future needs of the community through an increased housing supply, food and water security, and renewed connections of people and place. As the stewards of land and commercial property on Maui, our mission is to meet these critical needs by carefully ensuring our assets are actively used to their fullest potential. Nearly all our current tenants have reopened their businesses following the fires; however, th
KAPALUA, Hawaii, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported its second quarter financial results along with a company update after wildfire destruction to the Upcountry area and severe impacts to the nearby town of Lahaina, Maui. The report covers the second quarter and six months ended June 30, 2023. "The destruction from wildfires on Maui is devastating. Our hearts go out to the families across the island who have lost loved ones, homes, history, and more. We are grateful that Maui Land & Pineapple Company team members and assets are safe. In this time of great need, we are focused on mobilizing in support of the relief efforts
KAPALUA RESORT, Hawaii, May 11, 2023 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) today reported financial results for the quarter ended March 31, 2023. "Maui Land & Pineapple Company owns and operates a portfolio of over 22,000 acres of land, iconic commercial assets, and world class resort properties," said Race Randle, CEO, Maui Land & Pineapple Company. "I am honored to be leading this company with such a rich history into its next chapter. In the coming days and months, I will continue to meet with community stakeholders to complete a comprehensive review of our business to develop a clear path forward to improve asset utilization, create added value for our res
KAPALUA, Hawai‘i, March 20, 2023 (GLOBE NEWSWIRE) -- Maui Land & Pineapple (NYSE:MLP) announced today the appointment of Race Randle as CEO and Scot Sellers as Chairman, effective April 1, 2023. Warren Haruki, who led the company for the past 14 years, will continue to serve as a senior advisor, assisting Race and Scot as they assume their new roles. "I am honored to return home to Hawai‘i and lead one of Maui's most storied companies," said incoming CEO Race Randle. "I look forward to bringing my experiences developing thriving, sustainable communities to MLP, which is uniquely positioned to improve the quality of life on Maui for current and future generations." Race Randle was bor