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Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
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Climate bill: Could coal communities shift to nuclear?
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Italy's Lake Garda shrinks to near-historic low amid drought
The 3-Stock Retirement Blueprint (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The 3-Stock Retirement Blueprint (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
The 3-Stock Retirement Blueprint (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The 3-Stock Retirement Blueprint (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
The 3-Stock Retirement Blueprint (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The 3-Stock Retirement Blueprint (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
The 3-Stock Retirement Blueprint (Ad)
NYSE:ALX

Alexander's - ALX Stock Forecast, Price & News

$260.13
+1.15 (+0.44%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$255.52
$260.53
50-Day Range
$215.49
$260.13
52-Week Range
$213.85
$299.99
Volume
9,157 shs
Average Volume
10,833 shs
Market Capitalization
N/A
P/E Ratio
11.25
Dividend Yield
6.95%
Price Target
$270.00

Alexander's MarketRank™ Forecast

Analyst Rating
Reduce
1.00 Rating Score
Upside/​Downside
3.8% Upside
$270.00 Price Target
Short Interest
Bearish
6.59% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.14mentions of Alexander
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-18.31%
From $16.22 to $13.25 Per Share

Overall MarketRank

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

1.35 out of 5 stars

ALX stock logo

About Alexander's (NYSE:ALX) Stock

Alexander's, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan area.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Alexander's from a "buy" rating to a "hold" rating in a report on Monday, May 23rd.

Alexander's Trading Up 0.4 %

ALX traded up $1.15 during trading on Friday, hitting $260.13. 9,157 shares of the stock traded hands, compared to its average volume of 10,833. The business has a 50 day moving average price of $233.70 and a 200 day moving average price of $245.76. The company has a quick ratio of 10.43, a current ratio of 10.43 and a debt-to-equity ratio of 4.36. Alexander's has a twelve month low of $213.85 and a twelve month high of $299.99.

Alexander's Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 19th. Stockholders of record on Monday, August 8th will be issued a dividend of $4.50 per share. The ex-dividend date of this dividend is Friday, August 5th. This represents a $18.00 dividend on an annualized basis and a dividend yield of 6.92%. Alexander's's dividend payout ratio (DPR) is currently 77.85%.

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ALX Stock News Headlines

Lions sign WR Maurice Alexander from the USFL - Lions Wire
Alexander's (ALX) Q2 FFO Top Estimates
See More Headlines
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ALX Company Calendar

Last Earnings
5/03/2021
Ex-Dividend for 5/20 Dividend
5/06/2022
Dividend Payable
5/20/2022
Ex-Dividend for 8/19 Dividend
8/05/2022
Today
8/13/2022
Dividend Payable
8/19/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Sector
Finance
CUSIP
01475210
CIK
3499
Employees
70
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$270.00
High Stock Price Forecast
$270.00
Low Stock Price Forecast
$270.00
Forecasted Upside/Downside
+3.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$132.93 million
Pretax Margin
58.77%

Debt

Sales & Book Value

Annual Sales
$206.15 million
Cash Flow
$32.48 per share
Book Value
$49.43 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
0.61














ALX Stock - Frequently Asked Questions

Should I buy or sell Alexander's stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alexander's in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street 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 2022?

1 Wall Street analysts have issued 1-year price targets for Alexander's' shares. Their ALX share price forecasts range from $270.00 to $270.00. On average, they expect the company's share price to reach $270.00 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price.
View analysts price targets for ALX
or view top-rated stocks among Wall Street analysts.

How have ALX shares performed in 2022?

Alexander's' stock was trading at $260.30 at the start of the year. Since then, ALX stock has decreased by 0.1% and is now trading at $260.13.
View the best growth stocks for 2022 here
.

Are investors shorting Alexander's?

Alexander's saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 139,000 shares, a drop of 12.2% from the July 15th total of 158,400 shares. Based on an average daily trading volume, of 10,900 shares, the days-to-cover ratio is presently 12.8 days. Currently, 6.6% of the shares of the company are sold short.
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, November 7th 2022.
View our ALX earnings forecast
.

How were Alexander's' earnings last quarter?

Alexander's, Inc. (NYSE:ALX) released its quarterly earnings results on Monday, May, 3rd. The real estate investment trust reported $3.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.02 by $1.53. Alexander's had a net margin of 59.95% and a trailing twelve-month return on equity of 48.77%.

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

Alexander's declared a quarterly dividend on Thursday, July 28th. Investors of record on Monday, August 8th will be paid a dividend of $4.50 per share on Friday, August 19th. This represents a $18.00 dividend on an annualized basis and a yield of 6.92%. The ex-dividend date of this dividend is Friday, August 5th.
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 6.95%. ALX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 77.85%. 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 135.85% 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 investors include Renaissance Technologies LLC (2.05%), JPMorgan Chase & Co. (0.00%), Northern Trust Corp (0.44%), Deutsche Bank AG (0.00%), Mutual of America Capital Management LLC (0.15%) and LDR Capital Management LLC (0.00%).
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 $260.13.

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 8/13/2022 by MarketBeat.com Staff

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