Alexander's (ALX) to Release Earnings on Monday

Alexander's (NYSE:ALX - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of $3.57 per share and revenue of $56.00 million for the quarter.

Alexander's (NYSE:ALX - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $4.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.71 by $0.35. Alexander's had a return on equity of 21.45% and a net margin of 19.19%. On average, analysts expect Alexander's to post $12 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Alexander's Stock Performance

Alexander's stock traded up $5.03 during mid-day trading on Friday, hitting $213.75. 29,915 shares of the company's stock traded hands, compared to its average volume of 13,148. The company has a quick ratio of 13.18, a current ratio of 13.18 and a debt-to-equity ratio of 5.59. Alexander's has a one year low of $184.76 and a one year high of $251.63. The firm has a 50 day moving average price of $208.11 and a 200 day moving average price of $208.52. The company has a market cap of $1.09 billion, a PE ratio of 25.27 and a beta of 0.78.

Alexander's Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Monday, May 12th will be paid a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a dividend yield of 8.42%. The ex-dividend date of this dividend is Monday, May 12th. Alexander's's dividend payout ratio is currently 212.77%.

About Alexander's

Alexander's, Inc NYSE: ALX is a real estate investment trust (REIT), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. All references to we, us, our, Company and Alexander's refer to Alexander's, Inc and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust (Vornado) NYSE: VNO.