Alexander's, Inc. (ALX)
| Market Cap | 1.28B +19.7% |
| Revenue (ttm) | 211.68M -3.7% |
| Net Income | 20.57M -48.1% |
| EPS | 4.01 -48.1% |
| Shares Out | 5.11M |
| PE Ratio | 62.41 |
| Forward PE | 54.11 |
| Dividend | $18.00 (7.20%) |
| Ex-Dividend Date | May 11, 2026 |
| Volume | 44,928 |
| Open | 246.10 |
| Previous Close | 247.08 |
| Day's Range | 243.76 - 251.75 |
| 52-Week Range | 201.28 - 260.84 |
| Beta | 0.77 |
| Analysts | Sell |
| Price Target | 190.00 (-24.01%) |
| Earnings Date | May 4, 2026 |
About ALX
Alexander’s, Inc. is a real estate investment trust (REIT) engaged in leasing, managing, developing and redeveloping properties. Alexander’s activities are conducted through its manager, Vornado Realty Trust. Alexander’s has five properties in the greater New York City metropolitan area consisting of: 731 Lexington Avenue office and retail (including Bloomberg, L.P.'s world headquarters), the Rego Center complex in Rego Park, Queens, including the Rego Park I & II retail properties and The Alexander apartment tower, and a retail property locate... [Read more]
Financial Performance
In 2025, Alexander's's revenue was $213.18 million, a decrease of -5.83% compared to the previous year's $226.37 million. Earnings were $28.22 million, a decrease of -35.03%.
Financial StatementsAnalyst Summary
According to one analyst, the rating for ALX stock is "Sell" and the 12-month stock price target is $190.0.
News
Alexander's Transcript: AGM 2026
The meeting covered director elections, approval of the 2026 Omnibus Share Plan, executive compensation, and auditor ratification, with all proposals passing. No shareholder questions were raised, and risks related to forward-looking statements were acknowledged.
Alexander's Earnings Call Transcript: Q1 2026
Strong leasing momentum and strategic acquisitions are driving confidence in industry-leading growth over the next two years, with Manhattan and San Francisco office markets showing robust demand and rising rents. Liquidity remains high, and capital allocation is balanced between acquisitions, buybacks, and prudent leverage.
Alexander's Quarterly report: Q1 2026
Alexander's has published its Q1 2026 quarterly earnings report on May 5, 2026.
Alexander's Earnings release: Q1 2026
Alexander's released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
Alexander's Declares Quarterly $4.50 Dividend on Common Shares
PARAMUS, N.J., April 29, 2026 (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 May ...
Alexander's Announces First Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call
PARAMUS, N.J., April 21, 2026 (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, 2026 with the U.S. S...
Alexander's Proxy statement: Proxy filing
Alexander's filed a proxy statement on April 7, 2026, providing details for shareholder voting and corporate governance matters.
Alexander's Proxy statement: Proxy filing
Alexander's filed a proxy statement on April 7, 2026, providing details for shareholder voting and corporate governance matters.
Alexander’s to sell Rego Park I for net proceeds of $202M
Alexander’s (ALX) entered into an agreement to sell its Rego Park I property to Northwell Health, Inc. The gross purchase price is $235.5M and the net proceeds will be $202M.
Alexander's to Sell Rego Park I for Net Proceeds of $202 Million
PARAMUS, N.J., March 09, 2026 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) announced today that it has entered into an agreement to sell its Rego Park I property to Northwell Health, Inc. The gro...
Alexander's Earnings Call Transcript: Q4 2025
Leasing and occupancy surged in Manhattan, driving strong FFO and NOI growth, with major developments like PENN 1, PENN 2, and 350 Park Avenue progressing. Liquidity and balance sheet metrics improved, and share buybacks increased amid robust market fundamentals.
Alexander's Earnings release: Q4 2025
Alexander's released its Q4 2025 earnings on February 10, 2026, summarizing the period's financial results.
Alexander's Annual report: Q4 2025
Alexander's has published its Q4 2025 annual report on February 10, 2026.
Alexander's Announces Fourth Quarter Financial Results
PARAMUS, N.J., Feb. 09, 2026 (GLOBE NEWSWIRE) -- ALEXANDER'S, INC. (New York Stock Exchange: ALX) filed its Form 10-K for the year ended December 31, 2025 today and reported:
Alexander's Announces Fourth Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call
PARAMUS, N.J., Jan. 21, 2026 (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, 2025 with the U.S. Secur...
Alexander’s completes restructuring of retail loan
Alexander’s (ALX) restructured the $300M mortgage loan on the retail condominium of 731 Lexington Avenue in Manhattan. Under the terms of the restructuring, the existing loan was split into a…
Alexander's Completes Restructuring of Retail Loan at 731 Lexington Avenue
PARAMUS, N.J., Dec. 29, 2025 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it has restructured the $300 million mortgage loan on the retail condominium of 731 Lexington Avenue...
Alexander’s completes $175M refinancing of Rego Park II
Alexander’s (ALX) completed a $175M refinancing of its 615,000 square foot Rego Park II shopping center located in Queens, New York. The interest-only loan is at SOFR plus 2.00%, currently…
Alexander's Completes $175 Million Refinancing of Rego Park II
PARAMUS, N.J., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it has completed a $175 million refinancing of its 615,000 square foot Rego Park II shopping center ...
Dividends Up To 20% Wall Street Says You Should Sell
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Alexander's Earnings Call Transcript: Q3 2025
Leasing and rent growth in Manhattan reached record levels, with Penn District projects exceeding expectations and significant earnings growth projected for 2027 as new leases come online. Liquidity and balance sheet metrics improved, while retail and signage businesses are performing at historical highs.
Alexander's Earnings release: Q3 2025
Alexander's released its Q3 2025 earnings on November 4, 2025, summarizing the period's financial results.
Alexander's Quarterly report: Q3 2025
Alexander's has published its Q3 2025 quarterly earnings report on November 4, 2025.
Alexander's Announces Third Quarter Financial Results
PARAMUS, N.J., Nov. 03, 2025 (GLOBE NEWSWIRE) -- ALEXANDER'S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended September 30, 2025 today and reported:
