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NYSE:ALXAlexander's Stock Price, Forecast & News

$259.84
-2.79 (-1.06 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$259.84
Now: $259.84
$271.13
50-Day Range
$225.13
MA: $272.02
$324.85
52-Week Range
$223.02
Now: $259.84
$394.70
Volume45,774 shs
Average Volume14,931 shs
Market Capitalization$1.33 billion
P/E Ratio28.46
Dividend Yield6.85%
Beta0.63
Alexander's, Inc. is a real estate investment trust, which engages in leasing, managing, development and redeveloping its properties. Its operating properties are located in the greater New York City metropolitan area. The company was founded on May 16, 1955 and is headquartered in Paramus, NJ.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.5Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.53 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP01475210
CIK3499
Phone201-587-8541

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$226.35 million
Cash Flow$18.71 per share
Book Value$46.00 per share

Profitability

Net Income$60.08 million

Miscellaneous

Employees70
Market Cap$1.33 billion
Next Earnings Date8/3/2020 (Estimated)
OptionableNot Optionable

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Alexander's (NYSE:ALX) Frequently Asked Questions

How has Alexander's' stock been impacted by COVID-19 (Coronavirus)?

Alexander's' stock was trading at $306.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ALX shares have decreased by 15.2% and is now trading at $259.84. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Alexander's?

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, resulting in a consensus recommendation of "Sell." View analyst ratings for Alexander's.

When is Alexander's' next earnings date?

Alexander's is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Alexander's.

How were Alexander's' earnings last quarter?

Alexander's, Inc. (NYSE:ALX) posted its quarterly earnings data on Monday, May, 4th. The real estate investment trust reported $3.12 earnings per share for the quarter, missing analysts' consensus estimates of $3.33 by $0.21. The real estate investment trust had revenue of $54.11 million for the quarter, compared to analysts' expectations of $56.20 million. Alexander's had a net margin of 20.92% and a return on equity of 18.36%. View Alexander's' earnings history.

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

Alexander's announced a quarterly dividend on Thursday, April 30th. Stockholders of record on Monday, May 11th will be given a dividend of $4.50 per share on Friday, May 22nd. This represents a $18.00 dividend on an annualized basis and a yield of 6.93%. The ex-dividend date of this dividend is Friday, May 8th. View Alexander's' dividend history.

What price target have analysts set for ALX?

1 Wall Street analysts have issued 12-month price objectives for Alexander's' stock. Their forecasts range from $280.00 to $280.00. On average, they anticipate Alexander's' share price to reach $280.00 in the next year. This suggests a possible upside of 7.8% from the stock's current price. View analysts' price targets for Alexander's.

Has Alexander's been receiving favorable news coverage?

Press coverage about ALX stock has trended somewhat negative on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alexander's earned a news sentiment score of -1.1 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutAlexander's.

Are investors shorting Alexander's?

Alexander's saw a decrease in short interest in May. As of May 15th, there was short interest totaling 31,500 shares, a decrease of 21.4% from the April 30th total of 40,100 shares. Based on an average daily volume of 14,300 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.5% of the company's shares are short sold. View Alexander's' Current Options Chain.

Who are some of Alexander's' key competitors?

What other stocks do shareholders of Alexander's own?

Who are Alexander's' key executives?

Alexander's' management team includes the following people:
  • Steven Roth, Chairman & Chief Executive Officer
  • Matthew Iocco, Chief Financial & Accounting Officer
  • Joseph Macnow, Treasurer
  • Alan J. Rice, Secretary

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 institutional and retail investors. Top institutional investors include Franklin Resources Inc. (5.24%), BlackRock Inc. (3.86%), State Street Corp (1.36%), Bank of New York Mellon Corp (0.51%), Martingale Asset Management L P (0.26%) and Legal & General Group Plc (0.22%). Company insiders that own Alexander's stock include (Debbie) Goodin Debra and Russell B Wight Jr. View institutional ownership trends for Alexander's.

Which institutional investors are selling Alexander's stock?

ALX stock was sold by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Mackay Shields LLC, Morgan Stanley, JPMorgan Chase & Co., UBS Group AG, Deutsche Bank AG, Franklin Resources Inc., and Denali Advisors LLC. View insider buying and selling activity for Alexander's.

Which institutional investors are buying Alexander's stock?

ALX stock was purchased by a variety of institutional investors in the last quarter, including Real Estate Management Services LLC, Bank of New York Mellon Corp, Nuveen Asset Management LLC, Parametric Portfolio Associates LLC, Granite Investment Advisors LLC, Cohen & Steers Inc., Wells Fargo & Company MN, and Skandinaviska Enskilda Banken AB publ . View insider buying and selling activity for Alexander's.

How do I buy shares of Alexander's?

Shares of ALX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Alexander's' stock price today?

One share of ALX stock can currently be purchased for approximately $259.84.

How big of a company is Alexander's?

Alexander's has a market capitalization of $1.33 billion and generates $226.35 million in revenue each year. The real estate investment trust earns $60.08 million in net income (profit) each year or $19.47 on an earnings per share basis. Alexander's employs 70 workers across the globe.

What is Alexander's' official website?

The official website for Alexander's is www.alx-inc.com.

How can I contact Alexander's?

Alexander's' mailing address is 210 ROUTE 4 EAST, PARAMUS NJ, 07652. The real estate investment trust can be reached via phone at 201-587-8541.

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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