Alexander's, Inc. (ALX)

NYSE: ALX · Real-Time Price · USD
248.70
+3.69 (1.51%)
Apr 28, 2026, 2:35 PM EDT - Market open
1.51%
Market Cap 1.27B
Revenue (ttm) 213.18M
Net Income (ttm) 28.22M
Shares Out 5.11M
EPS (ttm) 5.50
PE Ratio 44.58
Forward PE 53.91
Dividend $18.00 (7.24%)
Ex-Dividend Date Feb 17, 2026
Volume 10,867
Open 247.24
Previous Close 245.01
Day's Range 239.50 - 249.74
52-Week Range 201.28 - 260.84
Beta 0.76
Analysts n/a
Price Target n/a
Earnings Date May 4, 2026

About ALX

Alexander’s, Inc. is a real estate investment trust (REIT) engaged in leasing, managing, developing and redeveloping properties. Alexander’s activities are conducted through its manager, Vornado Realty Trust. Alexander’s has five properties in the greater New York City metropolitan area consisting of: 731 Lexington Avenue office and retail (including Bloomberg, L.P.'s world headquarters), the Rego Center complex in Rego Park, Queens, including the Rego Park I & II retail properties and The Alexander apartment tower, and a retail property locate... [Read more]

Industry REIT - Retail
Sector Real Estate
Founded 1928
Employees 103
Stock Exchange NYSE
Ticker Symbol ALX
Full Company Profile

Financial Performance

In 2025, Alexander's's revenue was $213.18 million, a decrease of -5.83% compared to the previous year's $226.37 million. Earnings were $28.22 million, a decrease of -35.03%.

Financial Statements

News

Alexander's Announces First Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., April 21, 2026 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it will file its quarterly report on Form 10-Q for the quarter ended March 31, 2026 with the U.S. S...

7 days ago - GlobeNewsWire

Alexander's to Sell Rego Park I for Net Proceeds of $202 Million

PARAMUS, N.J., March 09, 2026 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) announced today that it has entered into an agreement to sell its Rego Park I property to Northwell Health, Inc. The gro...

7 weeks ago - GlobeNewsWire

Alexander's Earnings Call Transcript: Q4 2025

Leasing and occupancy surged in Manhattan, driving strong FFO and NOI growth, with major developments like PENN 1, PENN 2, and 350 Park Avenue progressing. Liquidity and balance sheet metrics improved, and share buybacks increased amid robust market fundamentals.

2 months ago - Transcripts

Alexander's Announces Fourth Quarter Financial Results

PARAMUS, N.J., Feb. 09, 2026 (GLOBE NEWSWIRE) -- ALEXANDER'S, INC. (New York Stock Exchange: ALX) filed its Form 10-K for the year ended December 31, 2025 today and reported:

2 months ago - GlobeNewsWire

Alexander's Declares Quarterly $4.50 Dividend on Common Shares

PARAMUS, N.J., Feb. 04, 2026 (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 Febru...

2 months ago - GlobeNewsWire

Alexander's Announces Fourth Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., Jan. 21, 2026 (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, 2025 with the U.S. Secur...

Other symbols: VNO
3 months ago - GlobeNewsWire

Alexander's Completes Restructuring of Retail Loan at 731 Lexington Avenue

PARAMUS, N.J., Dec. 29, 2025 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it has restructured the $300 million mortgage loan on the retail condominium of 731 Lexington Avenue...

4 months ago - GlobeNewsWire

Alexander's Completes $175 Million Refinancing of Rego Park II

PARAMUS, N.J., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it has completed a $175 million refinancing of its 615,000 square foot Rego Park II shopping center ...

5 months ago - GlobeNewsWire

Dividends Up To 20% Wall Street Says You Should Sell

We contrarians follow Wall Street analysts because we like to fade their opinions!

Other symbols: CRCTNSARHI
5 months ago - Forbes

Alexander's Earnings Call Transcript: Q3 2025

Leasing and rent growth in Manhattan reached record levels, with Penn District projects exceeding expectations and significant earnings growth projected for 2027 as new leases come online. Liquidity and balance sheet metrics improved, while retail and signage businesses are performing at historical highs.

6 months ago - Transcripts

Alexander's Announces Third Quarter Financial Results

PARAMUS, N.J., Nov. 03, 2025 (GLOBE NEWSWIRE) -- ALEXANDER'S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended September 30, 2025 today and reported:

6 months ago - GlobeNewsWire

Alexander's Breaks Above 8% Yield Territory

In trading on Wednesday, shares of Alexander's were yielding above the 8% mark based on its quarterly dividend (annualized to $18), with the stock changing hands as low as $224.25 on the day. Dividend...

6 months ago - Forbes

Alexander's Announces Third Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., Oct. 21, 2025 (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, 2025 with the U.S...

6 months ago - GlobeNewsWire

Alexander's Announces Second Quarter Financial Results

PARAMUS, N.J., Aug. 04, 2025 (GLOBE NEWSWIRE) -- ALEXANDER'S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended June 30, 2025 today and reported:

9 months ago - GlobeNewsWire

Alexander's Announces Second Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., July 22, 2025 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2025 with the U.S. Sec...

10 months ago - GlobeNewsWire

5 Office REITs For The Great Return To Office

My wife nailed it as we stepped into the open house, staring into the front room labeled “home office.” Shoes off, respecting the homeowners still living there.

Other symbols: AATBDNDEAHIW
10 months ago - Forbes

Alexander's Earnings Call Transcript: Q1 2025

Strong Q1 driven by major leasing, transformative NYU and Universal deals, and robust financials. Debt reduced by $915M, cash up $500M, and liquidity at $3B. Outlook remains positive with rising occupancy and rents, and significant earnings growth expected by 2027.

1 year ago - Transcripts

Alexander's Announces First Quarter Financial Results

PARAMUS, N.J., May 05, 2025 (GLOBE NEWSWIRE) -- ALEXANDER'S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended March 31, 2025 today and reported:

1 year ago - GlobeNewsWire

Alexander's Earnings Call Transcript: Q4 2024

Leasing and occupancy surged in 2024, with robust demand and rising rents in New York's premium office market. Major refinancing and asset sales are set to generate $1 billion in new cash, while significant earnings growth is projected for 2027 as key assets lease up.

1 year ago - Transcripts

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.

Other symbols: AATFOR
1 year ago - Benzinga

Alexander's Earnings Call Transcript: Q3 2024

Leasing momentum in Manhattan is strong, with Class A vacancies dropping and rents rising. Major deals, including NYU's master lease at 770 Broadway, boost liquidity and reduce debt. 2024 FFO is down year-over-year, but robust leasing and a strong balance sheet position the company for future growth.

1 year ago - Transcripts

Alexander's Completes $400 Million Refinancing of 731 Lexington Avenue Office Condominium

PARAMUS, 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 Aven...

1 year ago - GlobeNewsWire

Fed Rate Cuts Breathe New Life Into These High-Yield Stocks

Real estate is great, except for the heavy time commitment, which makes it a non-starter for me. “Brett, can you come over and change my lightbulb?

Other symbols: DEAGNLSVC
1 year ago - Forbes

Alexander's Earnings Call Transcript: Q2 2024

Leasing momentum remains strong, with over two-thirds of recent vacancies committed and major transactions boosting liquidity. FFO declined year-over-year due to known move-outs and higher interest expense, but earnings are expected to improve as new leases commence and rates trend down.

1 year ago - Transcripts

The Ultimate Contrarian Plays: 7 Hated Stocks Yielding Up To 12.9%

What's better than a big dividend? A hated high yield. Especially when the disgust comes from Wall Street analysts themselves. You know, the fanboys who follow the company for a living.

Other symbols: BKENSAPKSTPSECWUXRX
2 years ago - Forbes