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

Company Overview

Alexander’s, Inc. (NYSE: ALX) is a New York–based real estate investment company specializing in the ownership, management and leasing of commercial properties across the New York metropolitan area. Its core portfolio consists of premier office towers, retail centers and mixed-use developments in Manhattan and suburban markets. The company derives rental income from long-term leases with leading corporate tenants, retail operators and residential partners.

Key assets in Alexander’s portfolio include office buildings in Midtown Manhattan, neighborhood shopping centers in Westchester County and mixed-use properties combining retail, office and residential components. Properties are managed through the company’s wholly owned subsidiaries, which oversee day-to-day leasing, property maintenance and capital improvements. This integrated platform allows Alexander’s to capture value through both rental revenues and active asset management strategies.

Founded in 1928 by George Farkas Alexander as a department store operator, Alexander’s transitioned into real estate ownership in the late 20th century after divesting its retail operations. Over decades of real estate investment, the company has built a concentrated portfolio anchored in high-barrier markets where its properties benefit from strong foot traffic, established tenant relationships and barriers to new supply. This strategic focus on core urban and suburban corridors has driven steady occupancy rates and recurring cash flows.

Alexander’s remains closely held by the founding family, with a board of directors comprising members of the Alexander family alongside independent real estate and finance professionals. Under the leadership of Chairman David A. Alexander and President & CEO Robert P. Alexander, the company pursues selective new investments, targeted property upgrades and disciplined capital allocation. Its governance structure emphasizes long-term value creation, conservative leverage and alignment of interests among shareholders, management and tenants.

Key Stats

• Today's Range: $231.99 to $235.73
• 50-Day Range: $208.94 to $234.29
• 52-Week Range: $184.76 to $251.63
• Volume: 66,584 shs
• Average Volume: 21,457 shs
• Market Capitalization: $1.19 billion
• P/E Ratio: 30.22
• Dividend Yield: 7.72%
• Price Target: $125.00
• Consensus Rating: Sell

Alexander's Stock Analysis - MarketRank™

Alexander's scored higher than 8% of companies evaluated by MarketBeat, and ranked 911th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.5 / 5
• Analyst Rating: Sell

Consensus Rating

Alexander's has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Alexander's has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -8.61%

Earnings Growth

Earnings for Alexander's are expected to decrease by -8.61% in the coming year, from $11.50 to $10.51 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Alexander's is 30.22, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of Alexander's is 30.22, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.20.

Price to Book Value per Share Ratio

Alexander's has a P/B Ratio of 6.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.67% of the float of Alexander's has been sold short.

Short Interest Ratio / Days to Cover

Alexander's has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Alexander's has recently increased by 30.69%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Alexander's is a leading dividend payer. It pays a dividend yield of 7.68%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Alexander's has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Alexander's is 233.16%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Alexander's will have a dividend payout ratio of 171.27% in the coming year. This indicates that Alexander's may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.67% of the float of Alexander's has been sold short.

Short Interest Ratio / Days to Cover

Alexander's has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Alexander's has recently increased by 30.69%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 1.03

News Sentiment

Alexander's has a news sentiment score of 1.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Alexander's this week, compared to 2 articles on an average week.

Search Interest

Only 7 people have searched for ALX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Alexander's insiders have not sold or bought any company stock.

Percentage Held by Insiders

26.32% of the stock of Alexander's is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 31.99% of the stock of Alexander's is held by institutions.

ALX Stock Analysis - Frequently Asked Questions

How have ALX shares performed this year?

Alexander's' stock was trading at $200.06 at the start of the year. Since then, ALX shares have increased by 16.6% and is now trading at $233.31.

How were Alexander's' earnings last quarter?

Alexander's, Inc. (NYSE:ALX) posted its quarterly earnings results on Monday, May, 5th. The real estate investment trust reported $4.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.57 by $0.49. The real estate investment trust had revenue of $54.92 million for the quarter, compared to analyst estimates of $56 million. Alexander's had a net margin of 18.03% and a trailing twelve-month return on equity of 21.34%.
Read the conference call transcript.

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.

What other stocks do shareholders of Alexander's own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Alexander's investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), Hawkins (HWKN), BlackRock (BLK), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and Athabasca Oil (ATH).

Company Calendar

• Last Earnings: 5/05/2025
• Record date for 5/30 Dividend: 5/12/2025
• Ex-Dividend for 5/30 Dividend: 5/12/2025
• Dividend Payable: 5/30/2025
• Today: 7/12/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:ALX
• CIK: 3499
• Web: www.alx-inc.com
• Phone: (201) 587-8541
• Fax: 201-708-6214
• Employees: 70
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Alexander's: $125.00
• High Price Target: $125.00
• Low Price Target: $125.00
• Potential Upside/Downside: -46.4%
• Consensus Rating: Sell
• Rating Score (0-4): 1.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.72
• Trailing P/E Ratio: 30.22
• Forward P/E Ratio: 20.29
• P/E Growth: N/A
• Net Income: $43.44 million
• Net Margins: 18.03%
• Pretax Margin: 18.03%
• Return on Equity: 21.34%
• Return on Assets: 2.87%

Debt

• Debt-to-Equity Ratio: 6.06
• Current Ratio: 11.19
• Quick Ratio: 11.19

Sales & Book Value

• Annual Sales: $226.37 million
• Price / Sales: 5.27
• Cash Flow: $15.85 per share
• Price / Cash Flow: 14.72
• Book Value: $34.63 per share
• Price / Book: 6.74

Miscellaneous

• Outstanding Shares: 5,110,000
• Free Float: 3,763,000
• Market Cap: $1.19 billion
• Optionable: Not Optionable
• Beta: 0.85