How have ALX shares performed in 2023?

Alexander's' stock was trading at $220.06 on January 1st, 2023. Since then, ALX stock has decreased by 16.9% and is now trading at $182.92. View the best growth stocks for 2023 here .

Are investors shorting Alexander's?

Alexander's saw a decline in short interest in October. As of October 31st, there was short interest totaling 109,800 shares, a decline of 7.5% from the October 15th total of 118,700 shares. Based on an average daily volume of 12,400 shares, the short-interest ratio is currently 8.9 days. Currently, 5.2% of the company's shares 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, February 12th 2024. View our ALX earnings forecast .

How were Alexander's' earnings last quarter?

Alexander's, Inc. (NYSE:ALX) posted its earnings results on Monday, May, 3rd. The real estate investment trust reported $3.49 earnings per share for the quarter, missing analysts' consensus estimates of $5.02 by $1.53. Alexander's had a trailing twelve-month return on equity of 40.74% and a net margin of 46.17%.

How often does Alexander's pay dividends? What is the dividend yield for Alexander's?

Alexander's announced a quarterly dividend on Wednesday, October 25th. Stockholders of record on Monday, November 6th will be paid a dividend of $4.50 per share on Friday, November 17th. This represents a $18.00 annualized dividend and a dividend yield of 9.84%. The ex-dividend date of this dividend is Friday, November 3rd. Read our dividend analysis for ALX .

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 9.67%. ALX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 92.93%. 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 114.00% 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 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) .

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) .

Who are Alexander's' major shareholders?

Alexander's' stock is owned by a number of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (1.97%), Mirae Asset Global Investments Co. Ltd. (1.24%), Bank of New York Mellon Corp (0.62%), Northern Trust Corp (0.44%), Charles Schwab Investment Management Inc. (0.33%) and Denali Advisors LLC (0.19%). 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 .

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

$182.92

-0.56 (-0.31%)

(As of 11/28/2023 ET)

Compare

Today's Range: $182.92
▼
$184.70
50-Day Range: $170.59
▼
$198.65
52-Week Range: $155.60
▼
$245.01

Volume: 3,519 shs
Average Volume: 12,601 shs
Market Capitalization: $934.72 million

P/E Ratio: 9.44
Dividend Yield: 9.84%
Price Target: N/A

Alexander's MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
5.36% 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: -5.84%
From $16.77 to $15.79 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.23 out of 5 stars

Finance Sector

848th out of 869 stocks

Real Estate Investment Trusts Industry

176th out of 181 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Alexander's.

1.0

Short Interest

Percentage of Shares Shorted
5.36% 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 9.6.
Change versus previous month
Short interest in Alexander's has recently increased by 3.55%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Leadership
Alexander's is a leading dividend payer. It pays a dividend yield of 9.67%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Alexander's does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Alexander's is 92.93%. 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 114.00% in the coming year. This indicates that Alexander's may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ALX.

0.6

News and Social Media Coverage

Search Interest
Only 3 people have searched for ALX on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
5 people have added Alexander's to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

1.7

Company Ownership

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
26.28% 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 Institutions
Only 32.08% of the stock of Alexander's is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Alexander's are expected to decrease by -5.84% in the coming year, from $16.77 to $15.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alexander's is 9.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.83.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alexander's is 9.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.01.
Price to Book Value per Share Ratio
Alexander's has a P/B Ratio of 3.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Alexander's Stock (NYSE:ALX)

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

ALX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ALX Stock News Headlines

November 2, 2023 | msn.com

Alexander`s (ALX) Price Target Increased by 6.67% to 163.20

November 1, 2023 | seekingalpha.com

Alexander's 10% Yield Seems Compelling But Faces Headwinds

November 28, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

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November 1, 2023 | finance.yahoo.com

Alexander’s, Inc. (NYSE:ALX) Q3 2023 Earnings Call Transcript

November 1, 2023 | morningstar.com

Alexander's Inc ALX

October 31, 2023 | benzinga.com

Alexander's: Dividend Insights

October 30, 2023 | finance.yahoo.com

Alexander's (ALX) Beats Q3 FFO and Revenue Estimates

October 25, 2023 | finance.yahoo.com

Vornado Realty Trust (VO7.DU)

November 28, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 18, 2023 | stockhouse.com

Alexander's Announces Third Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

October 4, 2023 | fool.com

Alexander's (NYSE: ALX)

October 2, 2023 | stocknews.com

2 Top-Rated Retail REIT to Buy, and 1 to Watch

August 18, 2023 | stocknews.com

Is Now the Time to Invest in Realty Income (O)?

August 10, 2023 | stocknews.com

Which of These 3 Retail REITs Should You Buy, Sell, or Hold?

August 4, 2023 | msn.com

Alexander`s (ALX) Declares $4.50 Dividend

August 2, 2023 | msn.com

Alexander`s (ALX) Price Target Increased by 7.14% to 153.00

August 2, 2023 | seekingalpha.com

Alexander's, Inc.: The Needle Is Pointing Down

July 31, 2023 | finanznachrichten.de

Alexander's, Inc.: Alexander's Announces Second Quarter Financial Results

July 31, 2023 | msn.com

Alexander's (ALX) Q2 FFO and Revenues Top Estimates

July 31, 2023 | benzinga.com

Alexander's Announces Second Quarter Financial Results

July 28, 2023 | newsweek.com

Alexander Lukashenko

July 18, 2023 | finance.yahoo.com

Alexanderwerk Aktiengesellschaft's (FRA:ALX) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

July 15, 2023 | foxnews.com

Alexander Hall

June 24, 2023 | mirror.co.uk

Trent Alexander-Arnold stars in new role as England batter Malta - 5 talking points

June 5, 2023 | finance.yahoo.com

Alexanderwerk (FRA:ALX) May Have Issues Allocating Its Capital

June 3, 2023 | mirror.co.uk

Pointless' Alexander Armstrong's mysterious love life with rarely-seen wife and four kids

May 29, 2023 | finance.yahoo.com

Investing in Alexanderwerk (FRA:ALX) three years ago would have delivered you a 84% gain

See More Headlines

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Company Calendar

Last Earnings: 5/03/2021
Ex-Dividend for 11/17 Dividend: 11/03/2023
Dividend Payable: 11/17/2023
Today: 11/28/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/12/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: Retail REITs
Sector: Finance
Current Symbol: NYSE:ALX
CUSIP: 01475210
CIK: 3499
Web: www.alx-inc.com
Phone: (201) 587-8541
Fax: 201-708-6214
Employees: 69
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $19.37
Trailing P/E Ratio: 9.47
Forward P/E Ratio: 10.94
P/E Growth: N/A
Net Income: $57.63 million
Net Margins: 46.17%
Pretax Margin: 46.17%
Return on Equity: 40.74%
Return on Assets: 7.07%

Debt

Debt-to-Equity Ratio: 4.34
Current Ratio: 14.75
Quick Ratio: 14.75

Sales & Book Value

Annual Sales: $205.81 million
Price / Sales: 4.56
Cash Flow: $17.18 per share
Price / Cash Flow: 10.68
Book Value: $46.28 per share
Price / Book: 3.96

Miscellaneous

Outstanding Shares: 5,110,000
Free Float: 3,767,000
Market Cap: $937.58 million
Optionable: Not Optionable
Beta: 0.78

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Key Executives

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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ALX Stock Analysis - Frequently Asked Questions

How have ALX shares performed in 2023?: Alexander's' stock was trading at $220.06 on January 1st, 2023. Since then, ALX stock has decreased by 16.9% and is now trading at $182.92.
View the best growth stocks for 2023 here.
Are investors shorting Alexander's?: Alexander's saw a decline in short interest in October. As of October 31st, there was short interest totaling 109,800 shares, a decline of 7.5% from the October 15th total of 118,700 shares. Based on an average daily volume of 12,400 shares, the short-interest ratio is currently 8.9 days. Currently, 5.2% of the company's shares 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, February 12th 2024.
View our ALX earnings forecast.
How were Alexander's' earnings last quarter?: Alexander's, Inc. (NYSE:ALX) posted its earnings results on Monday, May, 3rd. The real estate investment trust reported $3.49 earnings per share for the quarter, missing analysts' consensus estimates of $5.02 by $1.53. Alexander's had a trailing twelve-month return on equity of 40.74% and a net margin of 46.17%.
How often does Alexander's pay dividends? What is the dividend yield for Alexander's?: Alexander's announced a quarterly dividend on Wednesday, October 25th. Stockholders of record on Monday, November 6th will be paid a dividend of $4.50 per share on Friday, November 17th. This represents a $18.00 annualized dividend and a dividend yield of 9.84%. The ex-dividend date of this dividend is Friday, November 3rd.
Read our dividend analysis for ALX.
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 9.67%. ALX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 92.93%. 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 114.00% 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 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).
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).
Who are Alexander's' major shareholders?: Alexander's' stock is owned by a number of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (1.97%), Mirae Asset Global Investments Co. Ltd. (1.24%), Bank of New York Mellon Corp (0.62%), Northern Trust Corp (0.44%), Charles Schwab Investment Management Inc. (0.33%) and Denali Advisors LLC (0.19%).
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.

This page (NYSE:ALX) was last updated on 11/28/2023 by MarketBeat.com Staff

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