Alexander's (ALX) to Release Quarterly Earnings on Monday

Alexander's (NYSE:ALX - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Monday, May 6th. Analysts expect Alexander's to post earnings of $6.41 per share for the quarter.

Alexander's Stock Up 1.9 %

ALX stock traded up $4.00 during midday trading on Monday, reaching $210.90. 6,058 shares of the company were exchanged, compared to its average volume of 8,586. The company has a debt-to-equity ratio of 4.60, a quick ratio of 13.22 and a current ratio of 13.22. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 10.52 and a beta of 0.78. The stock's 50-day simple moving average is $214.62 and its 200 day simple moving average is $206.84. Alexander's has a 1-year low of $155.60 and a 1-year high of $235.85.

Alexander's Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Tuesday, February 20th were given a $4.50 dividend. The ex-dividend date of this dividend was Friday, February 16th. This represents a $18.00 dividend on an annualized basis and a yield of 8.53%. Alexander's's dividend payout ratio (DPR) is 90.14%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Alexander's from a "hold" rating to a "buy" rating in a research note on Tuesday, February 13th.

Alexander's Company Profile

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