ALX Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of ALX, the DDM model, as implemented by StockNews, implies a positive return of 199.13% relative to its current price. To help understand and contextualize the model's evaluation of ALX, investors may wish to consider are:

• Beta, a measure of volatility relative to the stock market overall, is lower for ALX than it is for 96.09% of other equities in the Real Estate sector that also issue dividends.
• ALX's market cap of approximately $1 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 91.63% of them.
• As other dividend issuers in the Real Estate sector, Alexanders Inc has an equity discount rate lower than 96.09% of them.

ALX Dividends vs. Peers