Alexander's (NYSE:ALX - Get Free Report) is set to issue its quarterly earnings data before the market opens on Monday, November 4th. Analysts expect the company to announce earnings of $2.57 per share for the quarter.
Alexander's Stock Performance
ALX stock traded up $2.84 during mid-day trading on Monday, hitting $228.15. The company had a trading volume of 4,580 shares, compared to its average volume of 10,631. The firm has a market cap of $1.17 billion, a PE ratio of 10.91 and a beta of 0.82. The company has a debt-to-equity ratio of 5.09, a quick ratio of 12.66 and a current ratio of 12.66. Alexander's has a 12 month low of $181.83 and a 12 month high of $251.63. The stock's fifty day moving average price is $233.28 and its two-hundred day moving average price is $224.62.
Alexander's Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Monday, August 12th were given a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 7.89%. The ex-dividend date of this dividend was Monday, August 12th. Alexander's's dividend payout ratio is 86.04%.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. Piper Sandler lowered their price objective on shares of Alexander's from $135.00 to $125.00 and set an "underweight" rating on the stock in a research report on Tuesday, August 6th. StockNews.com downgraded shares of Alexander's from a "buy" rating to a "hold" rating in a research note on Wednesday, August 7th.
Check Out Our Latest Analysis on ALX
Alexander's Company Profile
(
Get Free Report)
Alexander's, Inc NYSE: ALX is a real estate investment trust (REIT), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. All references to we, us, our, Company and Alexander's refer to Alexander's, Inc and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust (Vornado) NYSE: VNO.
See Also
Before you consider Alexander's, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alexander's wasn't on the list.
While Alexander's currently has a "Sell" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
