Reading the tape
NYSE: ALX
Alexander's, Inc.
Real Estate · REIT - Retail
Market Cap
$1.25B
52w High
$260.84
52w Low
$201.28
P/E
60.87
Volume
105.56K
Outstanding Shares
5.11M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: 14.53%Revenue (TTM): -3.73%FCF (TTM): 12.73%P/FCF: 88th pct
What changed
The stock rose 14.53% over the last year. Revenue declined 3.73% over the trailing twelve months. Operating margin moved from 34.48% to 28.33%. Free cash flow grew 12.73% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 28.33%. A decisive move in revenue — currently down 3.73% — would be the clearest signal to resolve the ambiguity.
Company profile
Alexander's, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan area.
CEOSteven Roth
SectorReal Estate
IndustryREIT - Retail
Employees90
IPO dateFeb 21, 1973
Valuation
Forward P/E—
EV/EBITDA16.83
Enterprise value$1.93B
Price / Book11.41
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth-2.74%
Gross margin69.59%▼83.94%vs FY2024
Operating margin29.08%▼15.41%vs FY2024
ROE25.86%▲5.26%vs FY2024
Analyst consensus
RatingBuy
Target price$125.00▼48.73%
1
Buy
0
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 3, 2026
Q3 FY26 · EPS est $2.99 · Revenue est $53.7M
View
Dividends
$18.00/shareQuarterlyDividend Achiever · 12yrEx-div May 11, 2026 · in 6dStretchedALX pays a dividend with a 7.38% declared yield, 12 consecutive years of growth, covered 0.8× by free cash flow.
Declared Yield
7.38%
Annual Div / Share
$18.00
5yr CAGR
+0%
FCF Coverage
0.8×
Stretched
Dividend Growth Rate
3yr CAGR
+0%
5yr CAGR
+0%
10yr CAGR
+1.84%
Dividend Safety
2/10Stretched
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$18.00+0.0%
2025$18.00+0.0%
2024$18.00+0.0%
2023$18.00+0.0%
2022$18.00+0.0%
2021$18.00+0.0%
2020$18.00+0.0%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$74/yr
$6/mo
In 5 yrs
$74/yr
$6/mo
In 10 yrs
$74/yr
$6/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$74/yr $6/mo | $74/yr $6/mo | $74/yr $6/mo |
Analysis
Dividend Strengths
Dividend Achiever
ALX has raised its dividend for 12 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only 0.79× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.