Stock events for Alexander's, Inc. (ALX)
In the past six months, Alexander's, Inc. announced its Q3 2025, Q4 2025, and Q1 2026 financial results, with Q1 2026 showing a decline in net income and FFO. The company consistently declared a quarterly dividend of $4.50 per common share. Alexander's agreed to sell its Rego Park I property and completed a restructuring of a mortgage loan on 731 Lexington Avenue and a refinancing of the Rego Park II shopping center. The stock traded within a 52-week range of approximately $201.28 to $260.84, with analysts maintaining a "Hold" consensus.
Demand Seasonality affecting Alexander's, Inc.’s stock price
Demand seasonality for Alexander's, Inc.'s real estate leasing is mentioned in the context of its financial outlook, with expectations of a quarterly ramp-up driven by new GAAP rents, lower interest expense, and some seasonality related to its signage. There is also reported robust demand for the company's retail assets in the metropolitan area, influenced by economic cycles and market conditions in New York City.
Overview of Alexander's, Inc.’s business
Alexander's, Inc. (ALX) is a real estate investment trust (REIT) that leases, manages, develops, and redevelops properties, primarily high-value office and retail spaces, including an apartment tower, in the greater New York City metropolitan area. Its activities are managed by Vornado Realty Trust (NYSE: VNO). Key properties include 731 Lexington Avenue, Rego Center complex, and a retail property in Flushing, NY.
ALX’s Geographic footprint
Alexander's, Inc. has a concentrated geographic footprint, with all five properties located in the greater New York City metropolitan area, including 731 Lexington Avenue in Manhattan, Rego Park I & II and The Alexander apartment tower in Queens, and a retail property in Flushing, NY. The company's executive office is located in Paramus, New Jersey.
ALX Corporate Image Assessment
Direct information detailing Alexander's, Inc.'s brand reputation is not readily available; however, its reputation is implicitly tied to its financial performance and relationships with major tenants like Bloomberg L.P. Analyst ratings generally suggest a "Hold" consensus, indicating a neutral to cautious sentiment based on financial metrics.
Ownership
Alexander's, Inc. has a concentrated ownership structure, with significant holdings by institutional investors such as BlackRock, Inc. and Vanguard Group Inc., owning approximately 31.99% to 64.32% of the stock. Vornado Realty Trust controls the company with a 32.4% stake, and key insiders include Steven Roth, David Mandelbaum, and Russell B. Wight Jr., with insider ownership around 26.36%.
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$249.00