NYSE:ALX Alexander's (ALX) Stock Forecast, Price & News $184.44 -6.15 (-3.23%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$184.44▼$190.0050-Day Range$179.16▼$199.1752-Week Range$155.60▼$247.35Volume7,032 shsAverage Volume12,332 shsMarket Capitalization$942.49 millionP/E Ratio9.12Dividend Yield9.76%Price Target$160.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Alexander's MarketRank™ ForecastAnalyst RatingSell1.00 Rating ScoreUpside/Downside13.7% Downside$160.00 Price TargetShort InterestBearish5.58% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-0.78%From $14.04 to $13.93 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.04 out of 5 starsFinance Sector815th out of 831 stocksReal Estate Investment Trusts Industry174th out of 179 stocks 0.5 Analyst's Opinion Consensus RatingAlexander'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.Price Target Upside/DownsideAccording to analysts' consensus price target of $160.00, Alexander's has a forecasted downside of 13.7% from its current price of $185.50.Amount of Analyst CoverageAlexander's has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.58% of the float of Alexander's has been sold short.Short Interest Ratio / Days to CoverAlexander's has a short interest ratio ("days to cover") of 7.4.Change versus previous monthShort interest in Alexander's has recently decreased by 0.84%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipAlexander's is a leading dividend payer. It pays a dividend yield of 9.44%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlexander's does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Alexander's is 89.02%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Alexander's will have a dividend payout ratio of 129.22% in the coming year. This indicates that Alexander's may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALX. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Alexander's this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for ALX on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alexander's insiders have not sold or bought any company stock.Percentage Held by Insiders26.28% 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 InstitutionsOnly 32.08% of the stock of Alexander's is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Alexander's are expected to decrease by -0.78% in the coming year, from $14.04 to $13.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alexander's is 9.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.37.Price to Earnings Ratio vs. SectorThe P/E ratio of Alexander's is 9.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 81.16.Price to Book Value per Share RatioAlexander's has a P/B Ratio of 4.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alexander's (NYSE:ALX) StockAlexander's, Inc. is a real estate investment trust which has five properties in New York City.Read More ALX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALX Stock News HeadlinesSeptember 21, 2023 | marketbeat.comAnalysts Say to Sell These 6.3%-12.6% Dividends, But…August 18, 2023 | stocknews.comIs Now the Time to Invest in Realty Income (O)?September 23, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.August 10, 2023 | stocknews.comWhich of These 3 Retail REITs Should You Buy, Sell, or Hold?August 4, 2023 | msn.comAlexander`s (ALX) Declares $4.50 DividendAugust 2, 2023 | msn.comAlexander`s (ALX) Price Target Increased by 7.14% to 153.00August 2, 2023 | seekingalpha.comAlexander's, Inc.: The Needle Is Pointing DownJuly 31, 2023 | finanznachrichten.deAlexander's, Inc.: Alexander's Announces Second Quarter Financial ResultsSeptember 23, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.July 31, 2023 | msn.comAlexander's (ALX) Q2 FFO and Revenues Top EstimatesJuly 31, 2023 | benzinga.comAlexander's Announces Second Quarter Financial ResultsJuly 28, 2023 | newsweek.comAlexander LukashenkoJuly 18, 2023 | finance.yahoo.comAlexanderwerk Aktiengesellschaft's (FRA:ALX) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?July 15, 2023 | foxnews.comAlexander HallJune 24, 2023 | mirror.co.ukTrent Alexander-Arnold stars in new role as England batter Malta - 5 talking pointsJune 5, 2023 | finance.yahoo.comAlexanderwerk (FRA:ALX) May Have Issues Allocating Its CapitalJune 3, 2023 | mirror.co.ukPointless' Alexander Armstrong's mysterious love life with rarely-seen wife and four kidsMay 29, 2023 | finance.yahoo.comInvesting in Alexanderwerk (FRA:ALX) three years ago would have delivered you a 84% gainMay 19, 2023 | benzinga.comAlexander's Completes Sale of Rego Park IIIMay 19, 2023 | finance.yahoo.comAlexander’s Completes Sale of Rego Park IIIMay 19, 2023 | seekingalpha.comALX Alexander's, Inc.May 14, 2023 | seekingalpha.comAlexander's: 10.65% Dividend Yield Looks Less ImmovableApril 18, 2023 | health.usnews.comAlexander S. KrausmanApril 14, 2023 | health.usnews.comDr. Alexander S. ChoeMarch 8, 2023 | finance.yahoo.comAlexander’s to Sell Rego Park IIIMarch 7, 2023 | finance.yahoo.comDown -12.79% in 4 Weeks, Here's Why Alexander's (ALX) Looks Ripe for a TurnaroundMarch 3, 2023 | finance.yahoo.comAlexander's (ALX) Loses -12.38% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerSee More Headlines Receive ALX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alexander's and its competitors with MarketBeat's FREE daily newsletter. Email Address ALX Company Calendar Last Earnings5/03/2021Ex-Dividend for 8/18 Dividend8/04/2023Dividend Payable8/18/2023Today9/23/2023Next Earnings (Estimated)10/30/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry REIT—Retail Sub-IndustryRetail REITs SectorReal Estate Current SymbolNYSE:ALX CUSIP01475210 CIK3499 Webwww.alx-inc.com Phone(201) 587-8541Fax201-708-6214Employees69Year FoundedN/APrice Target and Rating Average Stock Price Forecast$160.00 High Stock Price Forecast$160.00 Low Stock Price Forecast$160.00 Forecasted Upside/Downside-13.7%Consensus RatingSell Rating Score (0-4)1.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$20.22 Trailing P/E Ratio9.17 Forward P/E Ratio13.21 P/E GrowthN/ANet Income$57.63 million Net Margins48.58% Pretax Margin48.58% Return on Equity42.68% Return on Assets7.38% Debt Debt-to-Equity Ratio4.11 Current Ratio13.84 Quick Ratio13.84 Sales & Book Value Annual Sales$205.81 million Price / Sales4.61 Cash Flow$16.22 per share Price / Cash Flow11.44 Book Value$46.28 per share Price / Book4.01Miscellaneous Outstanding Shares5,110,000Free Float3,767,000Market Cap$947.91 million OptionableNot Optionable Beta0.80 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Steven Roth (Age 81)Chairman & CEO Comp: $237.88kMr. Gary W. Hansen (Age 45)Chief Financial Officer Mr. Joseph Macnow CPA (Age 77)Treasurer Steven J. BorensteinSec.Key CompetitorsRPT RealtyNYSE:RPTSaul CentersNYSE:BFSAcadia Realty TrustNYSE:AKRRetail Opportunity InvestmentsNASDAQ:ROICTanger Factory Outlet CentersNYSE:SKTView All CompetitorsInstitutional OwnershipBarclays PLCSold 245 shares on 9/21/2023Ownership: 0.016%California State Teachers Retirement SystemSold 77 shares on 8/21/2023Ownership: 0.054%Alliancebernstein L.P.Bought 460 shares on 8/15/2023Ownership: 0.044%Wells Fargo & Company MNBought 628 shares on 8/15/2023Ownership: 0.020%Lazard Asset Management LLCBought 171 shares on 8/15/2023Ownership: 0.003%View All Institutional Transactions ALX Stock - Frequently Asked Questions Should I buy or sell Alexander's stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alexander's in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" ALX shares. View ALX analyst ratings or view top-rated stocks. What is Alexander's' stock price forecast for 2023? 1 brokerages have issued 12 month target prices for Alexander's' shares. Their ALX share price forecasts range from $160.00 to $160.00. On average, they expect the company's share price to reach $160.00 in the next year. This suggests that the stock has a possible downside of 13.7%. View analysts price targets for ALX or view top-rated stocks among Wall Street analysts. How have ALX shares performed in 2023? Alexander's' stock was trading at $220.06 at the beginning of 2023. Since then, ALX stock has decreased by 15.7% and is now trading at $185.50. View the best growth stocks for 2023 here. Are investors shorting Alexander's? Alexander's saw a decline in short interest during the month of August. As of August 15th, there was short interest totaling 119,200 shares, a decline of 11.6% from the July 31st total of 134,800 shares. Based on an average trading volume of 16,800 shares, the days-to-cover ratio is currently 7.1 days. Approximately 5.6% of the shares of the stock are short sold. 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, October 30th 2023. View our ALX earnings forecast. How were Alexander's' earnings last quarter? Alexander's, Inc. (NYSE:ALX) announced its quarterly earnings data on Monday, May, 3rd. The real estate investment trust reported $3.49 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 42.68% and a net margin of 48.58%. How often does Alexander's pay dividends? What is the dividend yield for Alexander's? Alexander's declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Monday, August 7th will be paid a dividend of $4.50 per share on Friday, August 18th. This represents a $18.00 annualized dividend and a yield of 9.70%. The ex-dividend date of this dividend is Friday, August 4th. Read our dividend analysis for ALX. What ETFs hold Alexander's' stock? ETFs with the largest weight of Alexander's (NYSE:ALX) stock in their portfolio include ALPS REIT Dividend Dogs ETF (RDOG), GraniteShares HIPS US High Income ETF (HIPS), ClearBridge Sustainable Infrastructure ETF (INFR) and Global SuperDividend US ETF (DIV).Hoya Capital High Dividend Yield ETF (RIET). 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 9.02%. ALX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 89.02%. 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 129.22% 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 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Alexander's investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Precision Drilling (PD), Och-Ziff Capital Management Group (OZM) and Gran Tierra Energy (GTE). What is Alexander's' stock symbol? Alexander's trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALX." Who are Alexander's' major shareholders? Alexander's' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Goldman Sachs Group Inc. (5.58%), BlackRock Inc. (3.58%), JPMorgan Chase & Co. (1.89%), Renaissance Technologies LLC (1.51%), State Street Corp (1.09%) and Hotchkis & Wiley Capital Management LLC (0.99%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Alexander's' stock price today? One share of ALX stock can currently be purchased for approximately $185.50. How much money does Alexander's make? Alexander's (NYSE:ALX) has a market capitalization of $947.91 million and generates $205.81 million in revenue each year. The real estate investment trust earns $57.63 million in net income (profit) each year or $20.22 on an earnings per share basis. How can I contact Alexander's? Alexander's' mailing address is 210 ROUTE 4 EAST, PARAMUS NJ, 07652. The official website for the company is www.alx-inc.com. The real estate investment trust can be reached via phone at (201) 587-8541 or via fax at 201-708-6214. This page (NYSE:ALX) was last updated on 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Alexander's, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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