NYSE:ALX Alexander's Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Alexander's, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $242.44 -1.56 (-0.64 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$242.21Now: $242.44▼$246.5550-Day Range$243.36MA: $259.10▼$266.9252-Week Range$223.02Now: $242.44▼$360.07Volume20,300 shsAverage Volume11,351 shsMarket Capitalization$1.24 billionP/E Ratio25.96Dividend Yield7.38%Beta0.54 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.0 Analyst's Opinion Consensus RatingAlexander's has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $280.00, Alexander's has a forecasted upside of 15.5% from its current price of $242.44.Amount of Analyst CoverageAlexander's has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesAlexander's has received 119 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAlexander's has received 132 “underperform” votes. (Add your “underperform” vote.)Community SentimentAlexander's has received 52.59% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Alexander's and other stocks. Vote “Outperform” if you believe ALX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ALX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipAlexander's is a leading dividend payer. It pays a dividend yield of 7.38%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlexander's has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Alexander's is 92.45%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Alexander's will have a dividend payout ratio of 104.11% in the coming year. This indicates that Alexander's may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alexander's insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 26.23% of the stock of Alexander's is held by insiders.Percentage Held by Institutions35.02% of the stock of Alexander's is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Alexander's are expected to grow by 6.53% in the coming year, from $16.23 to $17.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alexander's is 25.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.54.Price to Earnings Ratio vs. SectorThe P/E ratio of Alexander's is 25.96, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 15.19.Price to Book Value per Share RatioAlexander's has a P/B Ratio of 4.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.0Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.54 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:ALX Previous Symbol CUSIP01475210 CIK3499 Webwww.alx-inc.com Phone201-587-8541Debt Debt-to-Equity Ratio4.97 Current Ratio19.58 Quick Ratio19.58Price-To-Earnings Trailing P/E Ratio25.96 Forward P/E Ratio14.94 P/E GrowthN/A Sales & Book Value Annual Sales$226.35 million Price / Sales5.47 Cash Flow$18.79 per share Price / Cash Flow12.90 Book Value$49.64 per share Price / Book4.88Profitability EPS (Most Recent Fiscal Year)$19.47 Net Income$60.08 million Net Margins22.43% Return on Equity19.61% Return on Assets3.59%Miscellaneous Employees70 Outstanding Shares5,110,000Market Cap$1.24 billion Next Earnings Date10/26/2020 (Estimated) OptionableNot Optionable $242.44 -1.56 (-0.64 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ALX News and Ratings via Email Sign-up to receive the latest news and ratings for ALX and its competitors with MarketBeat's FREE daily newsletter. Alexander's (NYSE:ALX) Frequently Asked Questions How has Alexander's' stock been impacted by Coronavirus? Alexander's' stock was trading at $306.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ALX stock has decreased by 20.9% and is now trading at $242.44. View which stocks have been most impacted by COVID-19. 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." 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, October 26th 2020. View our earnings forecast for Alexander's. How were Alexander's' earnings last quarter? Alexander's, Inc. (NYSE:ALX) issued its quarterly earnings data on Monday, August, 3rd. The real estate investment trust reported $2.41 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.26 by $0.15. Alexander's had a net margin of 22.43% and a return on equity of 19.61%. 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 Wednesday, July 29th. Shareholders of record on Monday, August 10th will be given a dividend of $4.50 per share on Friday, August 21st. This represents a $18.00 dividend on an annualized basis and a yield of 7.42%. The ex-dividend date is Friday, August 7th. View Alexander's' dividend history. What price target have analysts set for ALX? 1 equities research analysts have issued 12-month target prices for Alexander's' shares. Their forecasts range from $280.00 to $280.00. On average, they expect Alexander's' share price to reach $280.00 in the next twelve months. This suggests a possible upside of 15.5% from the stock's current price. View analysts' price targets for Alexander's. Are investors shorting Alexander's? Alexander's saw a drop in short interest in August. As of August 31st, there was short interest totaling 46,800 shares, a drop of 27.4% from the August 15th total of 64,500 shares. Based on an average trading volume of 11,800 shares, the days-to-cover ratio is presently 4.0 days. Approximately 2.2% of the shares of the stock are short sold. View Alexander's' Short Interest. Who are some of Alexander's' key competitors? Some companies that are related to Alexander's include Realty Income (O), Simon Property Group (SPG), Regency Centers (REG), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Agree Realty (ADC), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Retail Opportunity Investments (ROIC), Retail Properties of America (RPAI), Getty Realty (GTY), Macerich (MAC), Acadia Realty Trust (AKR) and Kite Realty Group Trust (KRG). View all competitors. 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' key executives? Alexander's' management team includes the following people: Steven Roth, Chairman & Chief Executive OfficerMatthew Iocco, Chief Financial & Accounting OfficerJoseph Macnow, TreasurerAlan 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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.25%), Goldman Sachs Group Inc. (1.22%), Charles Schwab Investment Management Inc. (0.54%), Bank of New York Mellon Corp (0.51%), Colony Capital Inc. (0.38%) and Real Estate Management Services LLC (0.24%). Company insiders that own Alexander's stock include (Debbie) Goodin Debra and Russell B Wight Jr. View institutional ownership trends for Alexander's. Which major investors are selling Alexander's stock? ALX stock was sold by a variety of institutional investors in the last quarter, including Bamco Inc. NY, Vanguard Group Inc., Alberta Investment Management Corp, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Deltec Asset Management LLC, Vident Investment Advisory LLC, and Vident Investment Advisory LLC. View insider buying and selling activity for Alexander's. Which major investors are buying Alexander's stock? ALX stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Colony Capital Inc., Denali Advisors LLC, First Trust Advisors LP, Virtu Financial LLC, Globeflex Capital L P, Charles Schwab Investment Management Inc., and Real Estate Management Services LLC. 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 $242.44. How big of a company is Alexander's? Alexander's has a market capitalization of $1.24 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 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
