Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Mandy Puri was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • May 01
Alexander's, Inc. announces Quarterly dividend, payable on May 29, 2026 Alexander's, Inc. announced Quarterly dividend of USD 4.5000 per share payable on May 29, 2026, ex-date on May 11, 2026 and record date on May 11, 2026. Ankündigung • Apr 21
Alexander's, Inc. to Report Q1, 2026 Results on May 04, 2026 Alexander's, Inc. announced that they will report Q1, 2026 results Pre-Market on May 04, 2026 Ankündigung • Apr 09
Alexander's, Inc., Annual General Meeting, May 21, 2026 Alexander's, Inc., Annual General Meeting, May 21, 2026. Ankündigung • Feb 05
Alexander's, Inc. Declares Quarterly Dividend, Payable on February 27, 2026 Alexander’s, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on February 27, 2026 to stockholders of record on February 17, 2026. Ankündigung • Jan 21
Alexander's, Inc. to Report Q4, 2025 Results on Feb 09, 2026 Alexander's, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 09, 2026 Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Mandy Puri was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 30
Alexander's, Inc. Declares Quarterly Dividend, Payable on November 28, 2025 Alexander's, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on November 28, 2025 to stockholders of record on November 10, 2025. Ankündigung • Oct 22
Alexander's, Inc. to Report Q3, 2025 Results on Nov 03, 2025 Alexander's, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 03, 2025 Ankündigung • Jul 31
Alexander's, Inc. Declares Quarterly Dividend, Payable on August 29, 2025 Alexander's, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on August 29, 2025 to stockholders of record on August 11, 2025. Ankündigung • Jul 23
Alexander's, Inc. to Report Q2, 2025 Results on Aug 04, 2025 Alexander's, Inc. announced that they will report Q2, 2025 results at 9:00 AM, US Eastern Standard Time on Aug 04, 2025 Ankündigung • Apr 24
Alexander's, Inc. to Report Q1, 2025 Results on May 05, 2025 Alexander's, Inc. announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on May 05, 2025 Ankündigung • Apr 10
Alexander's, Inc., Annual General Meeting, May 22, 2025 Alexander's, Inc., Annual General Meeting, May 22, 2025. Ankündigung • Feb 06
Alexander's, Inc. Declares Quarterly Dividend on Common Shares, Payable on February 28, 2025 Alexander's, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on February 28, 2025 to stockholders of record on February 18, 2025. Ankündigung • Jan 23
Alexander's, Inc. to Report Q4, 2024 Results on Feb 10, 2025 Alexander's, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 10, 2025 Ankündigung • Jan 02
Alexander's, Inc. Announces Resignation of Richard West from Board of Directors and Chair of the Audit and Compensation Committee, Effective January 1, 2025 On December 30, 2024, due to health reasons, Dr. Richard West submitted his resignation from the Board of Directors (the “Board”) of Alexander’s, Inc. (the “Company”), including from his role as Chair of the Audit Committee of the Board (the “Audit Committee”) and Chair of the Compensation Committee (the “Compensation Committee”), effective as of January 1, 2025. Effective January 1, 2025, the Board reduced the size of the Board to seven (7) directors, eliminated its Executive Committee and appointed Mandakini Puri as Chair of the Audit Committee and Wendy A. Silverstein as Chair of the Compensation Committee. Dr. West’s decision to resign was not the result of any disagreement with management or the Board, on any matter relating to the Company’s operations, policies, or practices. Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: US$1.30 (vs US$2.10 in 3Q 2023) Third quarter 2024 results: EPS: US$1.30 (down from US$2.10 in 3Q 2023). Revenue: US$55.7m (flat on 3Q 2023). Net income: US$6.68m (down 38% from 3Q 2023). Profit margin: 12% (down from 19% in 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.1% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Declared Dividend • Nov 04
Second quarter dividend of US$4.50 announced Shareholders will receive a dividend of US$4.50. Ex-date: 8th November 2024 Payment date: 29th November 2024 Dividend yield will be 8.3%, which is higher than the industry average of 5.6%. Ankündigung • Oct 31
Alexander's, Inc. Declares Quarterly Dividend, Payable on November 29, 2024 Alexander’s, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on November 29, 2024 to stockholders of record on November 11, 2024. Ankündigung • Oct 23
Alexander's, Inc. to Report Q3, 2024 Results on Nov 04, 2024 Alexander's, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 04, 2024 Reported Earnings • Aug 06
Second quarter 2024 earnings released: EPS: US$1.63 (vs US$12.51 in 2Q 2023) Second quarter 2024 results: EPS: US$1.63 (down from US$12.51 in 2Q 2023). Revenue: US$53.4m (flat on 2Q 2023). Net income: US$8.38m (down 87% from 2Q 2023). Profit margin: 16% (down from 120% in 2Q 2023). Revenue is expected to fall by 2.6% p.a. on average during the next 3 years compared to a 3.4% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year. Declared Dividend • Aug 05
First quarter dividend of US$4.50 announced Shareholders will receive a dividend of US$4.50. Ex-date: 12th August 2024 Payment date: 30th August 2024 Dividend yield will be 8.1%, which is higher than the industry average of 5.6%. Ankündigung • Aug 01
Alexander's, Inc. Declares Quarterly Dividend, Payable on August 30, 2024 Alexander's, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on August 30, 2024 to stockholders of record on August 12, 2024. Ankündigung • Jul 24
Alexander's, Inc. to Report Q2, 2024 Results on Aug 05, 2024 Alexander's, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 05, 2024 New Risk • May 12
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 89% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings are forecast to decline by an average of 89% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (105% payout ratio). Large one-off items impacting financial results. Reported Earnings • May 06
First quarter 2024 earnings released: EPS: US$3.14 (vs US$2.19 in 1Q 2023) First quarter 2024 results: EPS: US$3.14 (up from US$2.19 in 1Q 2023). Revenue: US$61.4m (up 16% from 1Q 2023). Net income: US$16.1m (up 44% from 1Q 2023). Profit margin: 26% (up from 21% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Declared Dividend • May 06
Fourth quarter dividend of US$4.50 announced Shareholders will receive a dividend of US$4.50. Ex-date: 10th May 2024 Payment date: 31st May 2024 Dividend yield will be 8.6%, which is higher than the industry average of 5.6%. Ankündigung • May 02
Alexander's, Inc. Declares Quarterly Dividend on Common Shares, Payable on May 31, 2024 Alexander’s, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on May 31, 2024 to stockholders of record on May 13, 2024. Ankündigung • Apr 27
Alexander's, Inc. to Report Q1, 2024 Results on May 06, 2024 Alexander's, Inc. announced that they will report Q1, 2024 results Pre-Market on May 06, 2024 Reported Earnings • Feb 13
Full year 2023 earnings released: FFO per share: US$15.8 (vs US$16.99 in FY 2022) Full year 2023 results: FFO per share: US$15.8 (down from US$16.99 in FY 2022). Revenue: US$225.0m (up 9.3% from FY 2022). Funds from operations (FFO): US$81.1m (down 6.9% from FY 2022). FFO margin: 36% (down from 42% in FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 2.1% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Ankündigung • Feb 08
Alexander's, Inc. Declares Quarterly Dividend, Payable on March 1, 2024 Alexander’s, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on March 1, 2024 to stockholders of record on February 20, 2024. Ankündigung • Jan 18
Alexander's, Inc. to Report Q4, 2023 Results on Feb 12, 2024 Alexander's, Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Feb 12, 2024 Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: US$2.10 (vs US$2.95 in 3Q 2022) Third quarter 2023 results: EPS: US$2.10 (down from US$2.95 in 3Q 2022). Revenue: US$55.4m (up 3.1% from 3Q 2022). Net income: US$10.8m (down 29% from 3Q 2022). Profit margin: 19% (down from 28% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 2.7% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Ankündigung • Oct 26
Alexander's, Inc. Declares Regular Quarterly Dividend, Payable on November 17, 2023 Alexander’s, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on November 17, 2023 to stockholders of record on November 6, 2023. New Risk • Aug 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 109% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Cash payout ratio: 122% Earnings are forecast to decline by an average of 53% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Jul 31
Second quarter 2023 earnings released: EPS: US$12.51 (vs US$2.89 in 2Q 2022) Second quarter 2023 results: EPS: US$12.51 (up from US$2.89 in 2Q 2022). Revenue: US$53.7m (up 7.7% from 2Q 2022). Net income: US$64.1m (up 333% from 2Q 2022). Revenue is forecast to stay flat during the next 2 years compared to a 3.2% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Ankündigung • Jul 29
Alexander's, Inc. to Report Q3, 2023 Results on Oct 30, 2023 Alexander's, Inc. announced that they will report Q3, 2023 results After-Market on Oct 30, 2023 Ankündigung • Jul 27
Alexander's, Inc. Declares Quarterly Dividend on Common Shares, Payable on August 18, 2023 Alexander’s, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on August 18, 2023 to stockholders of record on August 7, 2023. Ankündigung • Jul 22
Alexander's, Inc. to Report Q2, 2023 Results on Jul 31, 2023 Alexander's, Inc. announced that they will report Q2, 2023 results Pre-Market on Jul 31, 2023 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €173, the stock trades at a trailing P/E ratio of 17.8x. Average forward P/E is 8x in the Retail REITs industry in Europe. Total loss to shareholders of 11% over the past three years. Reported Earnings • May 02
First quarter 2023 earnings released: EPS: US$2.19 (vs US$2.84 in 1Q 2022) First quarter 2023 results: EPS: US$2.19 (down from US$2.84 in 1Q 2022). Revenue: US$52.9m (up 7.6% from 1Q 2022). Net income: US$11.2m (down 23% from 1Q 2022). Profit margin: 21% (down from 30% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 3.3% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 14
Full year 2022 earnings released: EPS: US$11.24 (vs US$25.49 in FY 2021) Full year 2022 results: EPS: US$11.24 (down from US$25.49 in FY 2021). Revenue: US$205.8m (flat on FY 2021). Net income: US$57.6m (down 56% from FY 2021). Profit margin: 28% (down from 63% in FY 2021). Revenue is forecast to stay flat during the next 2 years compared to a 3.9% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Ankündigung • Jan 26
Alexander's, Inc. to Report Q4, 2022 Results on Feb 13, 2023 Alexander's, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 13, 2023 Ankündigung • Jan 19
Alexander's, Inc. Declares Regular Quarterly Dividend, Payable on February 10, 2023 Alexander’s, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on February 10, 2023 to stockholders of record on January 30, 2023. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Mandakini Puri was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 01
Third quarter 2022 earnings released: FFO per share: US$4.4 (vs US$4.13 in 3Q 2021) Third quarter 2022 results: FFO per share: US$4.4 (up from US$4.13 in 3Q 2021). Revenue: US$53.7m (up 9.8% from 3Q 2021). Funds from operations (FFO): US$22.5m (up 6.4% from 3Q 2021). FFO margin: 42% (down from 43% in 3Q 2021). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 02
Second quarter 2022 earnings released: EPS: US$2.89 (vs US$5.06 in 2Q 2021) Second quarter 2022 results: EPS: US$2.89 (down from US$5.06 in 2Q 2021). Revenue: US$49.8m (down 3.0% from 2Q 2021). Net income: US$14.8m (down 43% from 2Q 2021). Profit margin: 30% (down from 50% in 2Q 2021). Over the next year, revenue is forecast to grow 1.3% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Buying Opportunity • Jun 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 9.8%. The fair value is estimated to be €256, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 0.3% in a year. Earnings is forecast to decline by 59% in the next year. Reported Earnings • May 03
First quarter 2022 earnings released: EPS: US$2.84 (vs US$3.49 in 1Q 2021) First quarter 2022 results: EPS: US$2.84 (down from US$3.49 in 1Q 2021). Revenue: US$49.2m (down 12% from 1Q 2021). Net income: US$14.5m (down 19% from 1Q 2021). Profit margin: 30% (down from 32% in 1Q 2021). Over the next year, revenue is forecast to stay flat compared to a 1.1% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Mandakini Puri was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 15
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$25.49 (up from US$8.19 in FY 2020). Revenue: US$206.1m (up 3.5% from FY 2020). Net income: US$130.6m (up 211% from FY 2020). Profit margin: 63% (up from 21% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to decline by -1.5% while the reits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 03
Third quarter 2021 earnings released: FFO US$4.13 per share (vs US$3.00 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$49.0m (up 13% from 3Q 2020). Funds from operations (FFO): US$21.2m (up 38% from 3Q 2020). FFO margin: 43% (up from 35% in 3Q 2020). Reported Earnings • Aug 03
Second quarter 2021 earnings released: FFO US$4.13 per share (vs US$3.52 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$51.4m (up 13% from 2Q 2020). Funds from operations (FFO): US$21.1m (up 17% from 2Q 2020). FFO margin: 41% (up from 40% in 2Q 2020). Reported Earnings • May 04
First quarter 2021 earnings released: FFO US$5.03 per share (vs US$4.64 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$56.2m (up 3.8% from 1Q 2020). Funds from operations (FFO): US$25.8m (up 8.6% from 1Q 2020). FFO margin: 46% (up from 44% in 1Q 2020). Is New 90 Day High Low • Mar 04
New 90-day high: €234 The company is up 6.0% from its price of €220 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 5.0% over the same period. Reported Earnings • Feb 18
Full year 2020 earnings released: EPS US$8.19 (vs US$11.74 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$199.1m (down 12% from FY 2019). Net income: US$41.9m (down 30% from FY 2019). Profit margin: 21% (down from 27% in FY 2019). The decrease in margin was driven by lower revenue. Analyst Estimate Surprise Post Earnings • Feb 18
Revenue beats expectations Revenue exceeded analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 9.2%, compared to a 57% growth forecast for the REITs industry in Germany. Valuation Update With 7 Day Price Move • Nov 16
Market bids up stock over the past week After last week's 17% share price gain to US$232, the stock is trading at a trailing P/E ratio of 37.1x, up from the previous P/E ratio of 31.7x. This compares to an average P/E of 10x in the REITs industry in Germany. Total return to shareholders over the past year is a loss of 14%. Is New 90 Day High Low • Nov 16
New 90-day high: €232 The company is up 7.0% from its price of €216 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 3.0% over the same period. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS US$1.29 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$43.5m (down 25% from 3Q 2019). Net income: US$6.60m (down 60% from 3Q 2019). Profit margin: 15% (down from 29% in 3Q 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Oct 30
New 90-day low: €200 The company is down 6.0% from its price of €212 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 8.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: €202 The company is down 6.0% from its price of €214 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 3.0% over the same period. 
