Alexander's, Inc. (ALX)

NYSE: ALX · IEX Real-Time Price · USD
207.48
-2.98 (-1.42%)
Sep 27, 2022 4:00 PM EDT - Market closed
-1.42%
Market Cap 1.06B
Revenue (ttm) 197.65M
Net Income (ttm) 118.50M
Shares Out 5.11M
EPS (ttm) 22.66
PE Ratio 9.16
Forward PE n/a
Dividend $18.00 (8.68%)
Ex-Dividend Date Aug 5, 2022
Volume 7,817
Open 212.00
Previous Close 210.46
Day's Range 206.37 - 214.77
52-Week Range 206.37 - 299.99
Beta 0.58
Analysts Sell
Price Target 209.10 (+0.8%)
Earnings Date Oct 31, 2022

About ALX

Alexander's, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan area. [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
CEO Steven Roth
Employees 70
Stock Exchange NYSE
Ticker Symbol ALX
Full Company Profile

Financial Performance

In 2021, Alexander's's revenue was $206.15 million, an increase of 3.52% compared to the previous year's $199.14 million. Earnings were $132.93 million, an increase of 216.96%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ALX stock is "Sell." The 12-month stock price forecast is 209.1, which is an increase of 0.78% from the latest price.

Price Target
$209.1
(0.78% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Alexander's (ALX) Q2 FFO Top Estimates

Alexander's (ALX) delivered FFO and revenue surprises of 4.35% and 0.35%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Alexander's Announces Second Quarter Financial Results

PARAMUS, N.J., Aug. 01, 2022 (GLOBE NEWSWIRE) -- ALEXANDER'S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended June 30, 2022 today and reported:

1 month ago - GlobeNewsWire

Lionbridge Issues Open Letter to Alexander's Shareholders

Shares two potential strategies to address ALX's underperformance Looks forward to shareholder feedback and stands ready to work constructively with the Board to find a value-maximizing outcome for shar...

2 months ago - PRNewsWire

Alexander's Declares Quarterly $4.50 Dividend on Common Shares

PARAMUS, N.J., July 27, 2022 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on August ...

2 months ago - GlobeNewsWire

Alexander's Announces Second Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., July 20, 2022 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2022 with the U.S. Secur...

2 months ago - GlobeNewsWire

New Strong Sell Stocks for June 23rd

ACER, PRG, and ALX have been added to the Zacks Rank #5 (Strong Sell) List on June 23, 2022.

Other symbols: ACERPRG
3 months ago - Zacks Investment Research

New Strong Sell Stocks for June 17th

CFBK, ALX, and AXAHY have been added to the Zacks Rank #5 (Strong Sell) List on June 17, 2022.

Other symbols: CFBK
3 months ago - Zacks Investment Research

New Strong Sell Stocks for June 14th

ALIZY, ALX, and ASX have been added to the Zacks Rank #5 (Strong Sell) List on June 14, 2022.

Other symbols: ASX
3 months ago - Zacks Investment Research

New Strong Sell Stocks for June 9th

ALX, ACER, and SBFG have been added to the Zacks Rank #5 (Strong Sell) List on June 9, 2022.

Other symbols: ACERSBFG
3 months ago - Zacks Investment Research

New Strong Sell Stocks for May 24th

ARBK, ASBFY, and ALX have been added to the Zacks Rank #5 (Strong Sell) List on May 24, 2022.

Other symbols: ARBK
4 months ago - Zacks Investment Research

New Strong Sell Stocks for May 18th

ALX, CBAN, and RDY have been added to the Zacks Rank #5 (Strong Sell) List on May 18, 2022.

Other symbols: CBANRDY
4 months ago - Zacks Investment Research

New Strong Sell Stocks for May 11th

AL, BHF, and ALX have been added to the Zacks Rank #5 (Strong Sell) List on May 11, 2022.

Other symbols: ALBHF
4 months ago - Zacks Investment Research

Alexander's (ALX) Tops Q1 FFO Estimates

Alexander's (ALX) delivered FFO and revenue surprises of 0.71% and 1.96%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Alexander's Announces First Quarter Financial Results

PARAMUS, N.J., May 02, 2022 (GLOBE NEWSWIRE) -- ALEXANDER'S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended March 31, 2022 today and reported:

4 months ago - GlobeNewsWire

Alexander's Announces First Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., April 19, 2022 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it will file its quarterly report on Form 10-Q for the quarter ended March 31, 2022 with the U.S. Sec...

5 months ago - GlobeNewsWire

Alexander's (ALX) Lags Q4 FFO and Revenue Estimates

Alexander's (ALX) delivered FFO and revenue surprises of -1.40% and 0.49%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Alexander's Announces Fourth Quarter Financial Results

PARAMUS, N.J., Feb. 14, 2022 (GLOBE NEWSWIRE) -- ALEXANDER'S, INC. (New York Stock Exchange: ALX) filed its Form 10-K for the year ended December 31, 2021 today and reported:

7 months ago - GlobeNewsWire

2 Underperforming Stocks to Consider Decreasing Exposure To

Shareholders of BlackBerry Ltd. ( BB , Financial) and Alexander's Inc. ( ALX , Financial) have seen their assets dramatically decline in value in recent years, underperforming the S&P 500 Index substant...

Other symbols: BB
7 months ago - GuruFocus

7 REITs With Major Upside Potential in 2022

The focus with most REITs may be on their income potential, but with these seven, appreciation potential is the main appeal. The post 7 REITs With Major Upside Potential in 2022 appeared first on Invest...

Other symbols: CIOFPILTCVNO
7 months ago - InvestorPlace

Alexander's Announces Fourth Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it will file its annual report on Form 10-K for the year ended December 31, 2021 with the U.S. Securit...

8 months ago - GlobeNewsWire

New Strong Sell Stocks for December 1st

ALX, CASA, KELYA, WWW, and ORC have been added to the Zacks Rank #5 (Strong Sell) List on December 1, 2021.

Other symbols: CASAKELYAORCWWW
9 months ago - Zacks Investment Research

New Strong Sell Stocks for November 16th

ALX, BJRI, CSWI, ENS, and FRGI have been added to the Zacks Rank #5 (Strong Sell) List on November 16, 2021.

Other symbols: BJRICSWIENSFRGI
10 months ago - Zacks Investment Research

New Strong Sell Stocks for November 4th

ALX, RDY, HSC, LAWS, and ANDE have been added to the Zacks Rank #5 (Strong Sell) List on November 4, 2021.

Other symbols: ANDEHSCRDY
10 months ago - Zacks Investment Research

Alexander's Appoints Gary Hansen as Chief Financial Officer

PARAMUS, N.J., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) announced today that Gary Hansen has been appointed as Chief Financial Officer. Mr. Hansen succeeds Matthew Iocco, who will...

10 months ago - GlobeNewsWire

Alexander's (ALX) Q3 FFO and Revenues Miss Estimates

Alexander's (ALX) delivered FFO and revenue surprises of -14.49% and -9.52%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research