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

Company Overview

Alexander's, Inc. (NYSE: ALX) is a real estate investment trust (REIT), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. All references to we, us, our, Company and Alexander's refer to Alexander's, Inc. and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust (Vornado) (NYSE: VNO). We have five properties in New York City.

Key Stats

• Today's Range: $229.57 to $233.99
• 50-Day Range: $200.84 to $232.52
• 52-Week Range: $184.76 to $251.63
• Volume: 26,597 shs
• Average Volume: 20,189 shs
• Market Capitalization: $1.19 billion
• P/E Ratio: 30.12
• Dividend Yield: 7.74%
• Price Target: $125.00
• Consensus Rating: Sell

Alexander's Stock Analysis - MarketRank™

Alexander's scored higher than 21% of companies evaluated by MarketBeat, and ranked 2542nd out of 2,763 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.5 / 5
• Analyst Rating: Sell

Consensus Rating

Alexander'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.

Amount of Analyst Coverage

Alexander's has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -8.61%

Earnings Growth

Earnings for Alexander's are expected to decrease by -8.61% in the coming year, from $11.50 to $10.51 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Alexander's is 30.12, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Alexander's is 30.12, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.07.

Price to Book Value per Share Ratio

Alexander's has a P/B Ratio of 6.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.33% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Alexander's has recently decreased by 19.24%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Alexander's is a leading dividend payer. It pays a dividend yield of 7.80%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Alexander's has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Alexander's is 233.16%. 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 171.27% in the coming year. This indicates that Alexander's may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.33% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Alexander's has recently decreased by 19.24%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.32

News Sentiment

Alexander's has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Alexander's this week, compared to 2 articles on an average week.

Search Interest

11 people have searched for ALX on MarketBeat in the last 30 days. This is an increase of 267% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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

26.32% 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 31.99% of the stock of Alexander's is held by institutions.

ALX Stock Analysis - Frequently Asked Questions

How have ALX shares performed this year?

Alexander's' stock was trading at $200.06 at the start of the year. Since then, ALX stock has increased by 16.2% and is now trading at $232.52.

How were Alexander's' earnings last quarter?

Alexander's, Inc. (NYSE:ALX) released its earnings results on Monday, May, 5th. The real estate investment trust reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.57 by $0.49. The real estate investment trust had revenue of $54.92 million for the quarter, compared to analysts' expectations of $56 million. Alexander's had a net margin of 18.03% and a trailing twelve-month return on equity of 21.34%.
Read the conference call transcript.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Alexander's own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Alexander's investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), Hawkins (HWKN), BlackRock (BLK), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and Athabasca Oil (ATH).

Company Calendar

• Last Earnings: 5/05/2025
• Record date for 5/30 Dividend: 5/12/2025
• Ex-Dividend for 5/30 Dividend: 5/12/2025
• Dividend Payable: 5/30/2025
• Today: 7/03/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:ALX
• CIK: 3499
• Web: www.alx-inc.com
• Phone: (201) 587-8541
• Fax: 201-708-6214
• Employees: 70
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $125.00
• High Stock Price Target: $125.00
• Low Stock Price Target: $125.00
• Potential Upside/Downside: -46.2%
• Consensus Rating: Sell
• Rating Score (0-4): 1.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.72
• Trailing P/E Ratio: 30.12
• Forward P/E Ratio: 20.22
• P/E Growth: N/A
• Net Income: $43.44 million
• Net Margins: 18.03%
• Pretax Margin: 18.03%
• Return on Equity: 21.34%
• Return on Assets: 2.87%

Debt

• Debt-to-Equity Ratio: 6.06
• Current Ratio: 11.19
• Quick Ratio: 11.19

Sales & Book Value

• Annual Sales: $226.37 million
• Price / Sales: 5.25
• Cash Flow: $16.04 per share
• Price / Cash Flow: 14.50
• Book Value: $34.63 per share
• Price / Book: 6.71

Miscellaneous

• Outstanding Shares: 5,110,000
• Free Float: 3,763,000
• Market Cap: $1.19 billion
• Optionable: Not Optionable
• Beta: 0.85