NYSE:ALX

Alexander's (ALX) Stock Price, News & Analysis

$223.16
-6.50 (-2.83%)
(As of 05/10/2024 ET)
Today's Range
$223.16
$234.28
50-Day Range
$205.60
$234.29
52-Week Range
$155.60
$237.18
Volume
8,301 shs
Average Volume
9,683 shs
Market Capitalization
$1.14 billion
P/E Ratio
10.67
Dividend Yield
8.07%
Price Target
N/A

Alexander's MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
4.92% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.03mentions of Alexander
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-36.47%
From $14.86 to $9.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.97 out of 5 stars

Finance Sector

790th out of 876 stocks

Real Estate Investment Trusts Industry

163rd out of 182 stocks

ALX stock logo

About Alexander's Stock (NYSE:ALX)

Alexander's, Inc. is a real estate investment trust which has five properties in New York City.

ALX Stock Price History

ALX Stock News Headlines

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Invest Like Donald Trump With This Stock Yielding 8.1%
Alexander's, Inc. (ALX)
Top 3 REITs Fueling Market Gains
Alexander`s Inc.
Alexander's (ALX) Lags Q4 FFO Estimates
Alexander’s Announces Fourth Quarter Financial Results
Alexander's Q4 Adj. FFO Increase, Stock Gains
Alexander's: A Lot Of Risks For A Small Discount
See More Headlines
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Company Calendar

Last Earnings
5/03/2021
Ex-Dividend for 3/1 Dividend
2/16/2024
Dividend Payable
3/01/2024
Ex-Dividend for 5/31 Dividend
5/10/2024
Today
5/11/2024
Dividend Payable
5/31/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Retail REITs
CUSIP
01475210
CIK
3499
Employees
92
Year Founded
N/A

Profitability

Net Income
$102.41 million
Pretax Margin
45.53%

Debt

Sales & Book Value

Annual Sales
$224.96 million
Cash Flow
$26.06 per share
Book Value
$46.51 per share

Miscellaneous

Free Float
3,764,000
Market Cap
$1.15 billion
Optionable
Not Optionable
Beta
0.77
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ALX Stock Analysis - Frequently Asked Questions

How have ALX shares performed in 2024?

Alexander's' stock was trading at $213.57 at the beginning of 2024. Since then, ALX stock has increased by 4.5% and is now trading at $223.16.
View the best growth stocks for 2024 here
.

Are investors shorting Alexander's?

Alexander's saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 106,700 shares, a drop of 6.7% from the March 15th total of 114,400 shares. Based on an average daily volume of 8,800 shares, the short-interest ratio is presently 12.1 days. Approximately 5.0% of the company's shares are sold short.
View Alexander's' Short Interest
.

When is Alexander's' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our ALX earnings forecast
.

How were Alexander's' earnings last quarter?

Alexander's, Inc. (NYSE:ALX) released its quarterly earnings data on Monday, May, 3rd. The real estate investment trust reported $3.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.02 by $1.53. Alexander's had a trailing twelve-month return on equity of 43.56% and a net margin of 45.97%.

How often does Alexander's pay dividends? What is the dividend yield for Alexander's?

Alexander's announced a quarterly dividend on Wednesday, May 1st. Investors of record on Monday, May 13th will be given a dividend of $4.50 per share on Friday, May 31st. This represents a $18.00 annualized dividend and a dividend yield of 8.07%. The ex-dividend date is Friday, May 10th.
Read our dividend analysis for ALX
.

Is Alexander's a good dividend stock?

Alexander's (NYSE:ALX) pays an annual dividend of $18.00 per share and currently has a dividend yield of 7.68%. ALX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 86.04%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ALX will have a dividend payout ratio of 190.68% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ALX.

What ETFs hold Alexander's' stock?
What is Steven Roth's approval rating as Alexander's' CEO?

1 employees have rated Alexander's Chief Executive Officer Steven Roth on Glassdoor.com. Steven Roth has an approval rating of 100% among the company's employees. This puts Steven Roth in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Alexander's own?
Who are Alexander's' major shareholders?

Alexander's' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.41%), Mirae Asset Global Investments Co. Ltd. (1.19%), Denali Advisors LLC (0.25%), Los Angeles Capital Management LLC (0.23%), GraniteShares Advisors LLC (0.15%) and BNP Paribas Financial Markets (0.07%).
View institutional ownership trends
.

How do I buy shares of Alexander's?

Shares of ALX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ALX) was last updated on 5/11/2024 by MarketBeat.com Staff

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