Alexander's, Inc. (ALX): Price and Financial Metrics


Alexander's, Inc. (ALX)

Today's Latest Price: $245.66 USD

0.39 (0.16%)

Updated Oct 23 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 41 in REITs - Retail

See all "A" rated Strong Buy stocks

ALX Stock Summary

  • Alexanders Inc's stock had its IPO on January 1, 1986, making it an older stock than 92.9% of US equities in our set.
  • Of note is the ratio of Alexanders Inc's sales and general administrative expense to its total operating expenses; merely 8.14% of US stocks have a lower such ratio.
  • The ratio of debt to operating expenses for Alexanders Inc is higher than it is for about 97.65% of US stocks.
  • If you're looking for stocks that are quantitatively similar to Alexanders Inc, a group of peers worth examining would be LAND, SJI, TGP, GLPI, and FE.
  • ALX's SEC filings can be seen here. And to visit Alexanders Inc's official web site, go to www.alx-inc.com.

ALX Stock Price Chart Interactive Chart >

Price chart for ALX

ALX Price/Volume Stats

Current price $245.66 52-week high $356.20
Prev. close $245.27 52-week low $223.02
Day low $245.66 Volume 5,516
Day high $248.48 Avg. volume 12,873
50-day MA $253.67 Dividend yield 7.33%
200-day MA $273.78 Market Cap 1.26B

Alexander's, Inc. (ALX) Company Bio


Alexander's Inc. engages in leasing, managing, developing, and redeveloping properties in the greater New York City metropolitan area. The company was founded in 1955 and is based in Paramus, New Jersey.

ALX Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$245.66$372.79 53%

Below please find a table outlining a discounted cash flow forecast for ALX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Alexanders Inc ranked in the 56th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Alexanders Inc ended up being:

  • Interest coverage, a measure of earnings relative to interest payments, is 2.44; that's higher than 60.41% of US stocks in the Real Estate sector that have positive free cash flow.
  • The business' balance sheet suggests that 47% of the company's capital is sourced from debt; this is greater than 70.29% of the free cash flow producing stocks we're observing.
  • Alexanders Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%50%
1%51%
2%53%
3%54%
4%56%
5%57%

For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ALX, try CBRE, PEB, RLJ, EQR, and CIGI.


ALX Latest News Stream


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Latest ALX News From Around the Web

Below are the latest news stories about Alexanders Inc that investors may wish to consider to help them evaluate ALX as an investment opportunity.

Alexander's, Inc. (ALX) CEO Steven Roth on Q2 2020 Results - Earnings Call Transcript

Alexander’s, Inc. (ALX) Q2 2020 Results Earnings Conference Call August 04, 2020, 10:00 AM ET Company Participants Cathy Creswell - Director, Investor Relations Steven Roth - Chairman of the Board and Chief Executive Officer Michael Franco - President Glen Weiss - Executive Vice President-Office Leasing-Co-Head of Real Estate David Greenbaum...

SA Transcripts on Seeking Alpha | August 9, 2020

Alexanders FFO beats by $1.25, misses on revenue

Alexanders (ALX): Q2 FFO of $3.51 beats by $1.25.Revenue of $45.46M (-18.7% Y/Y) misses by $8.64M.Press Release...

Seeking Alpha | August 3, 2020

Alexander’s Declares Quarterly $4.50 Dividend on Common Shares

PARAMUS, N.J., July 29, 2020 (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 August 21, 2020 to stockholders of record on August 10, 2020. Alexander’s, Inc. is a real estate investment trust that has seven properties in the greater New York City metropolitan area.CONTACT: MATTHEW IOCCO (201) 587-8541Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future...

Yahoo | July 29, 2020

Vornado Realty Trust -- Moody's has placed Vornado Realty's Baa2 debt rating on review for downgrade

Moody's Investors Service, ("Moody's") has placed Vornado Realty L.P's (Vornado Realty, or collectively ' the REIT') senior unsecured debt, debt shelf and subordinate shelf ratings under review for downgrade. In the same rating action, the debt, preferred stock, debt shelf and preferred shelf ratings of the REIT, Vornado Realty Trust, the parent of Vornado Realty LP, were also placed on review for downgrade.

Yahoo | July 15, 2020

Alexander’s Announces Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., July 14, 2020 (GLOBE NEWSWIRE) -- ALEXANDER’S, INC. (NYSE: ALX) today announced that Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander’s operations, will host a quarterly earnings conference call and an audio webcast on Tuesday, August 4, 2020 at 10:00 a.m. Eastern Time (ET). On the call, information concerning Alexander’s may be discussed. The conference call can be accessed by dialing 888-771-4371 (domestic) or 847-585-4405 (international) and indicating to the operator the passcode 49760489.  A live webcast of the conference call will be available on Vornado’s website at www.vno.com in the Investor Relations section and an online playback of the webcast will be available on the website following the conference call.Alexander’s, Inc. is a real esta...

Yahoo | July 14, 2020

Read More 'ALX' Stories Here

ALX Price Returns

1-mo 0.01%
3-mo -1.81%
6-mo -15.75%
1-year -23.58%
3-year -30.42%
5-year -18.19%
YTD -21.98%
2019 14.13%
2018 -19.06%
2017 -3.48%
2016 15.76%
2015 -9.16%

ALX Dividends

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Continue Researching ALX

Want to see what other sources are saying about Alexanders Inc's financials and stock price? Try the links below:

Alexanders Inc (ALX) Stock Price | Nasdaq
Alexanders Inc (ALX) Stock Quote, History and News - Yahoo Finance
Alexanders Inc (ALX) Stock Price and Basic Information | MarketWatch


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