ALX
Alexander's
About: Alexander's Inc is a real estate investment trust engaged in leasing, managing, developing and redeveloping its properties. It has six properties in the greater New York City metropolitan area. All of the revenues come from properties located in New York City which include revenues from leasing of space to tenants at their properties and revenues from parking and tenant services.
Employees: 90
0
Funds holding %
of 7,351 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
0% more funds holding
Funds holding: 124 [Q3] → 124 (+0) [Q4]
7% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 45
2.03% less ownership
Funds ownership: 33.84% [Q3] → 31.81% (-2.03%) [Q4]
22% less capital invested
Capital invested by funds: $419M [Q3] → $325M (-$93.9M) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for ALX.
Financial journalist opinion
Based on 4 articles about ALX published over the past 30 days
Neutral
Seeking Alpha
2 weeks ago
Inflation Isn't Dead Yet
US equity markets flirted with fresh record-highs this week while benchmark interest rates hovered around two-month lows as investors weighed positive earnings news against uncomfortable hot inflation data. Complicating the policy outlook for the Federal Reserve, CPI data showed the fastest monthly rise in consumer prices since August, prompting a pledge from Powell for "more work to do." Snapping a two-week losing streak, the S&P 500 rebounded by 1.5%, closing fractionally below its prior record-high set in late January. The tech-heavy Nasdaq 100 rallied nearly 3%.
Positive
Zacks Investment Research
3 weeks ago
Alexander's (ALX) Q4 FFO and Revenues Surpass Estimates
Alexander's (ALX) came out with quarterly funds from operations (FFO) of $4.06 per share, beating the Zacks Consensus Estimate of $3.71 per share. This compares to FFO of $4.99 per share a year ago.
Neutral
GlobeNewsWire
3 weeks ago
Alexander's Announces Fourth Quarter Financial Results
PARAMUS, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) -- ALEXANDER'S, INC. (New York Stock Exchange: ALX) filed its Form 10-K for the year ended December 31, 2024 today and reported:
Neutral
GlobeNewsWire
4 weeks ago
Alexander's Declares Quarterly $4.50 Dividend on Common Shares
PARAMUS, N.J., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on February 28, 2025 to stockholders of record on February 18, 2025.
Positive
Seeking Alpha
1 month ago
Alexander's: Bloomberg Lease Secured, Is The Dividend Safe
Alexander's has dipped materially from its 52-week high following a spike in the US 10-year Treasury yield. The REIT generated fiscal 2024 third-quarter FFO of $2.84 per share, down from its year-ago comp. A $354.8 million cash and cash equivalents position helps to provide a buffer for the REIT, but 2025 debt maturities are heavy and will pose a challenge.
Neutral
GlobeNewsWire
1 month ago
Alexander's Announces Fourth Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call
PARAMUS, N.J., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it will file its annual report on Form 10-K for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission and issue its fourth quarter and full year earnings release on Monday, February 10, 2025, before the New York Stock Exchange opens.
Positive
Benzinga
1 month ago
Top 3 Real Estate Stocks That May Rocket Higher This Quarter
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Negative
Seeking Alpha
3 months ago
Alexander's Is A Good Business That The Market Has Overestimated
Alexander's, Inc. has underperformed since 2019, with a -1.7% TSR compared to SPY's 113%, due to declining profitability and rich valuations. Despite increasing NOPAT since 2020, the Company's GAAP net income and NOPAT margins have declined from 2019 highs, impacting overall profitability. Management has created value with $154 million in economic earnings since 2019, but ALX remains overvalued with unrealistic growth expectations.
Positive
Seeking Alpha
3 months ago
A Decisive Realignment
U.S. equity markets soared to record highs this week after President-elect Trump scored a surprisingly decisive election victory, including a likely "trifecta" of Republican legislative control in Congress. The outcome sparked powerful moves across global financial markets as investors priced in a combination of domestic-focused and "pro-growth" economic policies but also reflected concern over deficits and immigration policy. Characteristic of the "Trump trade" dynamic, smaller-cap companies led the surge, outperforming mega-cap technology and international-heavy peers. The S&P Small-Cap 600 soared 9%, outpacing 5% gains from the S&P 500.
Positive
Zacks Investment Research
4 months ago
Alexander's (ALX) Tops Q3 FFO and Revenue Estimates
Alexander's (ALX) came out with quarterly funds from operations (FFO) of $2.84 per share, beating the Zacks Consensus Estimate of $2.57 per share. This compares to FFO of $3.63 per share a year ago.
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