Alexanders Inc
$ 261.22
-2.49%
11 Jun - close price
- Market Cap 1,360,888,000 USD
- Current Price $ 261.22
- High / Low $ 270.04 / 260.19
- Stock P/E 66.28
- Book Value 17.76
- EPS 4.02
- Next Earning Report 2026-08-03
- Dividend Per Share $18.00
- Dividend Yield 6.72 %
- Next Dividend Date -
- ROA 0.03 %
- ROE 0.16 %
- 52 Week High 271.02
- 52 Week Low 193.80
About
Alexanders Inc. (Ticker: ALX) is a prominent real estate investment trust (REIT) focused on the acquisition, management, and development of high-quality commercial properties in the New York metropolitan area. The company's diversified portfolio, which includes strategically located office and retail spaces, caters to a wide range of tenants while emphasizing sustainable growth practices. With a strong financial position and a disciplined operational strategy, Alexanders Inc. is well-equipped to provide consistent returns, making it an appealing investment for institutional investors looking to capitalize on urban real estate opportunities.
Analyst Target Price
$190.00
Quarterly Earnings
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-05-04 | 2026-02-09 | 2025-11-03 | 2025-08-04 | 2025-05-05 | 2025-02-10 | 2024-11-04 | 2024-08-05 | 2024-05-06 | 2024-02-12 | 2023-10-30 | 2023-07-31 |
| Reported EPS | 0.9077 | 0.7487 | 1.162 | 1.1919 | 2.3983 | 2.3915 | 1.3009 | 1.6329 | 3.1397 | 3.17 | 2.1 | 3.55 |
| Estimated EPS | None | 0 | 0 | None | None | None | None | None | 4.98 | 4.99 | 3.63 | 3.55 |
| Surprise | 0 | 0.7487 | 1.162 | 0 | 0 | 0 | 0 | 0 | -1.8403 | -1.82 | -1.53 | 0 |
| Surprise Percentage | None% | None% | None% | None% | None% | None% | None% | None% | -36.9538% | -36.4729% | -42.1488% | 0% |
Next Quarterly Earnings
| Jun 2026 | |
|---|---|
| Reported Date | 2026-08-03 |
| Fiscal Date Ending | 2026-06-30 |
| Estimated EPS | |
| Currency | USD |
Previous Dividend Records
| May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 | May 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-05-29 | 2026-02-27 | 2025-11-28 | 2025-08-29 | 2025-05-30 | 2025-02-28 | 2024-11-29 | 2024-08-30 | 2024-05-31 | 2024-03-01 |
| Amount | $4.5 | $4.5 | $4.5 | $4.5 | $4.5 | $4.5 | $4.5 | $4.5 | $4.5 | $4.5 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: ALX
2026-06-11 12:09:20
Alexanders Inc. (ALX) stock has reached a 52-week high of $271.02, demonstrating a 25.25% one-year return and a 29.48% six-month surge. While the stock is considered overvalued according to InvestingPro, the company has maintained dividend payments for 17 consecutive years with a 6.77% yield. Recent corporate activities include the sale of a Rego Park property for $235.5 million and the approval of a new 2026 Omnibus Stock Plan.
2026-06-10 20:10:42
An entity linked to Alexanders (ALX) director and 10% owner Russell B. Wight Jr. sold 423 shares of common stock at $267 per share on June 9, 2026. This open-market sale, categorized as "Held by Child," reduced the indirect holdings to 900 shares. The reporting person disclaims beneficial ownership of these securities.
2026-06-10 14:10:43
Alexanders Inc. (ALX) stock has reached a 52-week high of $271.02, showing a strong performance with a 25.25% one-year return and a 29.48% six-month surge. Despite trading above its Fair Value, the company has consistently paid dividends for 17 years, currently yielding 6.77%. Recent activities include the sale of its Rego Park I property for $235.5 million and the approval of a new 2026 Omnibus Stock Plan.
2026-06-03 08:08:35
Alexander's Inc (ALX) shares have traded steadily around $240 on the NYSE following its May 2026 quarterly earnings report and consistent dividend payments. The New York-focused REIT, which generated a low double-digit percentage return year-to-date in 2026, maintains a concentrated portfolio of commercial and mixed-use properties in the New York metropolitan area. Investors are drawn to its roughly 7% dividend yield and specialized exposure to the New York real estate market.
2026-06-02 10:12:15
Alexander's Inc. (ALX) stock remained stable on June 2, 2026, as investors processed the sale of its Rego Park I property in Queens to Northwell Health. The New York-focused REIT continues to analyze the financial implications of the deal, which is expected to influence its balance sheet and future capital allocation strategies, including potential reinvestments in core New York City properties. The company's business model centers on owning and managing retail and mixed-use real estate in prime New York City locations, with rental income being a key revenue driver.
2026-05-29 18:39:33
Alexander's (NYSE: ALX) completed the sale of its Rego Park I property to Northwell Health for $235.5 million, resulting in net proceeds of $203 million and $224 million cash received at closing. The company expects a financial statement gain of approximately $148 million in Q2 2026 and a total tax gain of about $145 million, recognized across 2025 and 2026. Alexander's remains a REIT focused on its four other New York City properties.
