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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) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...Despite a dip in financial performance, Alexander's Inc (ALX) showcases resilience with successful refinancing and strategic partnerships. |
Alexander’s Announces Third Quarter Financial ResultsPARAMUS, N.J., Nov. 04, 2024 (GLOBE NEWSWIRE) -- ALEXANDER’S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended September 30, 2024 today and reported: Third Quarter 2024 Financial Results Net income for the quarter ended September 30, 2024 was $6.7 million, or $1.30 per diluted share, compared to $10.8 million, or $2.10 per diluted share for the quarter ended September 30, 2023. Funds from operations (“FFO”) (non-GAAP) for the quarter ended September 30, 2024 was $14. |
Alexander's: Q3 Earnings SnapshotPARAMUS, N.J. (AP) — Alexander's Inc. ALX) on Monday reported a key measure of profitability in its third quarter. The Paramus, New Jersey-based real estate investment trust said it had funds from operations of $14.6 million, or $2.84 per share, in the period. |
Alexander’s Declares Quarterly $4.50 Dividend on Common SharesPARAMUS, N.J., Oct. 30, 2024 (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 November 29, 2024 to stockholders of record on November 11, 2024. Alexander’s, Inc. is a real estate investment trust that has five properties in New York City. CONTACT:GARY HANSEN(201) 587-8541 Certain statements contained herein constitute forward-looking statements as such term is defined in Section 2 |
Alexander’s Announces Third Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference CallPARAMUS, N.J., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Alexander’s, Inc. (NYSE: ALX) today announced that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2024 with the U.S. Securities and Exchange Commission and issue its third quarter earnings release on Monday, November 4, 2024, before the New York Stock Exchange opens. Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander’s operations, announced it will host its quarterly earnings conference call |
If You Invested $1,000 In Alexander's Stock 20 Years Ago, How Much Would You Have Now?Alexander’s, Inc. (NYSE:ALX) is a real estate investment trust (REIT) that leases, manages, develops and redevelops properties. It has five properties in the New York City metropolitan area. The company is set to report its Q3 2024 earnings on October ... |
Alexander’s Completes $400 Million Refinancing of 731 Lexington Avenue Office CondominiumPARAMUS, N.J., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Alexander’s, Inc. (NYSE: ALX) today announced that it has completed a $400 million refinancing of the office condominium portion of 731 Lexington Avenue, the Class A Bloomberg LP headquarters building. The interest-only loan carries a fixed rate of 5.045% and matures in October 2028. The loan is prepayable, at Alexander’s option, with no penalty, beginning in October 2026. The loan replaces the prior $490 million loan on the office condominium, t |
Is the Fed Enough to Save These Beat-Up 7%-16% Yields?Real estate is great, except for the heavy time commitment, which makes it a non-starter for me. Enter real estate investment trusts (REITs), which let us invest in not one or two buildings, but usually dozens or even hundreds, for as little as $20 per share or so. Plus the yields can be even better than the fourplex that would ruin my life down the street. Dividends of 7%, 12% and even 16%. All with a simple ticker that we can tap in from our phones. Now we’re talking. Part of retiring on divid |
Best Income Stocks to Buy for September 13thBANF, ALX and BPRN made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 13, 2024. |
Alexander's (ALX) Upgraded to Strong Buy: Here's What You Should KnowAlexander's (ALX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). |