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BREAKING: Tiny biotech successfully treats blindness (Ad)
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Laser breakthrough could send stock soaring 2,467% (Ad)
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
How major US stock indexes fared Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
BREAKING: Tiny biotech successfully treats blindness (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
Things to know about California's new proposed rules for insurance companies
Laser breakthrough could send stock soaring 2,467% (Ad)
KB Home Price Weakness is a Signal to Buy this Cash Machine
Analysts Went All In On These Computer Stocks, Save Your Spot
Laser breakthrough could send stock soaring 2,467% (Ad)
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
How major US stock indexes fared Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
BREAKING: Tiny biotech successfully treats blindness (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
Things to know about California's new proposed rules for insurance companies
Laser breakthrough could send stock soaring 2,467% (Ad)
KB Home Price Weakness is a Signal to Buy this Cash Machine
Analysts Went All In On These Computer Stocks, Save Your Spot
Laser breakthrough could send stock soaring 2,467% (Ad)
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
How major US stock indexes fared Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
BREAKING: Tiny biotech successfully treats blindness (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
Things to know about California's new proposed rules for insurance companies
Laser breakthrough could send stock soaring 2,467% (Ad)
KB Home Price Weakness is a Signal to Buy this Cash Machine
Analysts Went All In On These Computer Stocks, Save Your Spot
Laser breakthrough could send stock soaring 2,467% (Ad)
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
How major US stock indexes fared Friday, 9/22/2023
NYSE:ALX

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

$184.44
-6.15 (-3.23%)
(As of 09/22/2023 ET)
Compare
Today's Range
$184.44
$190.00
50-Day Range
$179.16
$199.17
52-Week Range
$155.60
$247.35
Volume
7,032 shs
Average Volume
12,332 shs
Market Capitalization
$942.49 million
P/E Ratio
9.12
Dividend Yield
9.76%
Price Target
$160.00

Alexander's MarketRank™ Forecast

Analyst Rating
Sell
1.00 Rating Score
Upside/​Downside
13.7% Downside
$160.00 Price Target
Short Interest
Bearish
5.58% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-0.78%
From $14.04 to $13.93 Per Share

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 stars

Finance Sector

815th out of 831 stocks

Real Estate Investment Trusts Industry

174th out of 179 stocks


ALX stock logo

About Alexander's (NYSE:ALX) Stock

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

ALX Price History

ALX Stock News Headlines

Analysts Say to Sell These 6.3%-12.6% Dividends, But…
Is Now the Time to Invest in Realty Income (O)?
BREAKING: Tiny biotech successfully treats blindness
There'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.
Alexander's, Inc.: The Needle Is Pointing Down
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.
Alexander Lukashenko
Alexander Hall
Alexander's Completes Sale of Rego Park III
Alexander’s Completes Sale of Rego Park III
ALX Alexander's, Inc.
Alexander S. Krausman
Dr. Alexander S. Choe
Alexander’s to Sell Rego Park III
See More Headlines
Receive ALX Stock News and Ratings via Email

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ALX Company Calendar

Last Earnings
5/03/2021
Ex-Dividend for 8/18 Dividend
8/04/2023
Dividend Payable
8/18/2023
Today
9/23/2023
Next Earnings (Estimated)
10/30/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
REIT—Retail
Sub-Industry
Retail REITs
CUSIP
01475210
CIK
3499
Employees
69
Year Founded
N/A

Price 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 Rating
Sell
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$57.63 million
Pretax Margin
48.58%

Debt

Sales & Book Value

Annual Sales
$205.81 million
Cash Flow
$16.22 per share
Book Value
$46.28 per share

Miscellaneous

Free Float
3,767,000
Market Cap
$947.91 million
Optionable
Not Optionable
Beta
0.80
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Key Executives

  • Mr. Steven Roth (Age 81)
    Chairman & CEO
    Comp: $237.88k
  • Mr. Gary W. Hansen (Age 45)
    Chief Financial Officer
  • Mr. Joseph Macnow CPA (Age 77)
    Treasurer
  • Steven J. Borenstein
    Sec.













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?
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?
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

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