Alexander's（AXE）株式概要は不動産投資信託（REIT）で、不動産の賃貸、管理、開発、再開発に従事している。 詳細AXE ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長1/6過去の実績1/6財務の健全性1/6配当金4/6報酬収益は年間7.24%増加すると予測されています リスク分析7.31%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない 利払いは収益で十分にカバーされない 利益率(9.7%)は昨年より低い(18%) すべてのリスクチェックを見るAXE Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€210.0023.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0235m2016201920222025202620282031Revenue US$234.5mEarnings US$22.8mAdvancedSet Fair ValueView all narrativesAlexander's, Inc. 競合他社Hamborner REITSymbol: XTRA:HABAMarket cap: €412.4mMercialysSymbol: ENXTPA:MERYMarket cap: €1.1bSupermarket Income REITSymbol: LSE:SUPRMarket cap: UK£1.0bSaul CentersSymbol: NYSE:BFSMarket cap: US$1.2b価格と性能株価の高値、安値、推移の概要Alexander's過去の株価現在の株価US$210.0052週高値US$218.0052週安値US$174.00ベータ0.771ヶ月の変化0%3ヶ月変化5.53%1年変化12.90%3年間の変化45.83%5年間の変化-5.41%IPOからの変化-6.04%最新ニュースBoard Change • May 20Insufficient new directorsNo 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.お知らせ • May 01Alexander's, Inc. announces Quarterly dividend, payable on May 29, 2026Alexander'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.お知らせ • Apr 21Alexander's, Inc. to Report Q1, 2026 Results on May 04, 2026Alexander's, Inc. announced that they will report Q1, 2026 results Pre-Market on May 04, 2026お知らせ • Apr 09Alexander's, Inc., Annual General Meeting, May 21, 2026Alexander's, Inc., Annual General Meeting, May 21, 2026.お知らせ • Feb 05Alexander's, Inc. Declares Quarterly Dividend, Payable on February 27, 2026Alexander’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.お知らせ • Jan 21Alexander's, Inc. to Report Q4, 2025 Results on Feb 09, 2026Alexander's, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 09, 2026最新情報をもっと見るRecent updatesBoard Change • May 20Insufficient new directorsNo 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.お知らせ • May 01Alexander's, Inc. announces Quarterly dividend, payable on May 29, 2026Alexander'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.お知らせ • Apr 21Alexander's, Inc. to Report Q1, 2026 Results on May 04, 2026Alexander's, Inc. announced that they will report Q1, 2026 results Pre-Market on May 04, 2026お知らせ • Apr 09Alexander's, Inc., Annual General Meeting, May 21, 2026Alexander's, Inc., Annual General Meeting, May 21, 2026.お知らせ • Feb 05Alexander's, Inc. Declares Quarterly Dividend, Payable on February 27, 2026Alexander’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.お知らせ • Jan 21Alexander's, Inc. to Report Q4, 2025 Results on Feb 09, 2026Alexander's, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 09, 2026Board Change • Dec 30Insufficient new directorsNo 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.お知らせ • Oct 30Alexander's, Inc. Declares Quarterly Dividend, Payable on November 28, 2025Alexander'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.お知らせ • Oct 22Alexander's, Inc. to Report Q3, 2025 Results on Nov 03, 2025Alexander's, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 03, 2025お知らせ • Jul 31Alexander's, Inc. Declares Quarterly Dividend, Payable on August 29, 2025Alexander'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.お知らせ • Jul 23Alexander's, Inc. to Report Q2, 2025 Results on Aug 04, 2025Alexander's, Inc. announced that they will report Q2, 2025 results at 9:00 AM, US Eastern Standard Time on Aug 04, 2025お知らせ • Apr 24Alexander's, Inc. to Report Q1, 2025 Results on May 05, 2025Alexander's, Inc. announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on May 05, 2025お知らせ • Apr 10Alexander's, Inc., Annual General Meeting, May 22, 2025Alexander's, Inc., Annual General Meeting, May 22, 2025.お知らせ • Feb 06Alexander's, Inc. Declares Quarterly Dividend on Common Shares, Payable on February 28, 2025Alexander'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.お知らせ • Jan 23Alexander's, Inc. to Report Q4, 2024 Results on Feb 10, 2025Alexander's, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 10, 2025お知らせ • Jan 02Alexander's, Inc. Announces Resignation of Richard West from Board of Directors and Chair of the Audit and Compensation Committee, Effective January 1, 2025On 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 05Third 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 04Second quarter dividend of US$4.50 announcedShareholders 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%.お知らせ • Oct 31Alexander's, Inc. Declares Quarterly Dividend, Payable on November 29, 2024Alexander’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.お知らせ • Oct 23Alexander's, Inc. to Report Q3, 2024 Results on Nov 04, 2024Alexander's, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 04, 2024Reported Earnings • Aug 06Second 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 05First quarter dividend of US$4.50 announcedShareholders 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%.お知らせ • Aug 01Alexander's, Inc. Declares Quarterly Dividend, Payable on August 30, 2024Alexander'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.お知らせ • Jul 24Alexander's, Inc. to Report Q2, 2024 Results on Aug 05, 2024Alexander's, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 05, 2024New Risk • May 12New major risk - Revenue and earnings growthEarnings 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 06First 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 06Fourth quarter dividend of US$4.50 announcedShareholders 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%.お知らせ • May 02Alexander's, Inc. Declares Quarterly Dividend on Common Shares, Payable on May 31, 2024Alexander’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.お知らせ • Apr 27Alexander's, Inc. to Report Q1, 2024 Results on May 06, 2024Alexander's, Inc. announced that they will report Q1, 2024 results Pre-Market on May 06, 2024Reported Earnings • Feb 13Full 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.お知らせ • Feb 08Alexander's, Inc. Declares Quarterly Dividend, Payable on March 1, 2024Alexander’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.お知らせ • Jan 18Alexander's, Inc. to Report Q4, 2023 Results on Feb 12, 2024Alexander's, Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Feb 12, 2024Reported Earnings • Oct 31Third 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.お知らせ • Oct 26Alexander's, Inc. Declares Regular Quarterly Dividend, Payable on November 17, 2023Alexander’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 01New minor risk - Earnings qualityThe 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 31Second 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.お知らせ • Jul 29Alexander's, Inc. to Report Q3, 2023 Results on Oct 30, 2023Alexander's, Inc. announced that they will report Q3, 2023 results After-Market on Oct 30, 2023お知らせ • Jul 27Alexander's, Inc. Declares Quarterly Dividend on Common Shares, Payable on August 18, 2023Alexander’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.お知らせ • Jul 22Alexander's, Inc. to Report Q2, 2023 Results on Jul 31, 2023Alexander's, Inc. announced that they will report Q2, 2023 results Pre-Market on Jul 31, 2023Valuation Update With 7 Day Price Move • Jun 07Investor 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 02First 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 14Full 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.お知らせ • Jan 26Alexander's, Inc. to Report Q4, 2022 Results on Feb 13, 2023Alexander's, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 13, 2023お知らせ • Jan 19Alexander's, Inc. Declares Regular Quarterly Dividend, Payable on February 10, 2023Alexander’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 16Insufficient new directorsThere 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 01Third 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 02Second 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 18Now 21% undervalued after recent price dropOver 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 03First 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 27Insufficient new directorsThere 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 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull 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 03Third 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 03Second 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 04First 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 04New 90-day high: €234The 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 18Full 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 18Revenue beats expectationsRevenue 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 16Market bids up stock over the past weekAfter 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 16New 90-day high: €232The 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 04Third quarter 2020 earnings released: EPS US$1.29The 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 30New 90-day low: €200The 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 22New 90-day low: €202The 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.株主還元AXEDE Retail REITsDE 市場7D8.8%-0.7%0.6%1Y12.9%11.3%0.2%株主還元を見る業界別リターン: AXE過去 1 年間で11.3 % の収益を上げたGerman Retail REITs業界を上回りました。リターン対市場: AXE過去 1 年間で0.2 % の収益を上げたGerman市場を上回りました。価格変動Is AXE's price volatile compared to industry and market?AXE volatilityAXE Average Weekly Movement5.0%Retail REITs Industry Average Movement3.1%Market Average Movement6.1%10% most volatile stocks in DE Market13.2%10% least volatile stocks in DE Market2.7%安定した株価: AXE 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: AXEの 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1928103Steve Rothwww.alx-inc.comは、不動産の賃貸、管理、開発、再開発に携わる不動産投資信託（REIT）である。アレクサンダーの活動は、そのマネージャーであるボルネード・リアルティ・トラストを通じて行われている。アレキサンダーズはニューヨークの大都市圏に5つの物件を所有している：レキシントン通り731番地のオフィスおよび店舗（ブルームバーグL P.の世界本社を含む）、クイーンズ区レゴパークのレゴセンター複合施設（レゴパークIおよびIIの店舗物件とザ・アレキサンダー・アパートメント・タワーを含む）、ニューヨーク州フラッシングの店舗物件である。もっと見るAlexander's, Inc. 基礎のまとめAlexander's の収益と売上を時価総額と比較するとどうか。AXE 基礎統計学時価総額€1.10b収益（TTM）€17.73m売上高(TTM)€182.38m61.1xPER（株価収益率5.9xP/SレシオAXE は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計AXE 損益計算書（TTM）収益US$211.68m売上原価US$109.79m売上総利益US$101.89mその他の費用US$81.31m収益US$20.57m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）4.03グロス・マージン48.13%純利益率9.72%有利子負債／自己資本比率917.1%AXE の長期的なパフォーマンスは？過去の実績と比較を見る配当金7.3%現在の配当利回り167%配当性向AXE 配当は確実ですか？AXE 配当履歴とベンチマークを見るAXE 、いつまでに購入すれば配当金を受け取れますか？Alexander's 配当日配当落ち日May 11 2026配当支払日May 29 2026配当落ちまでの日数12 days配当支払日までの日数6 daysAXE 配当は確実ですか？AXE 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 01:02終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Alexander's, Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Alexander GoldfarbPiper Sandler Companies
Board Change • May 20Insufficient new directorsNo 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.
お知らせ • May 01Alexander's, Inc. announces Quarterly dividend, payable on May 29, 2026Alexander'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.
お知らせ • Apr 21Alexander's, Inc. to Report Q1, 2026 Results on May 04, 2026Alexander's, Inc. announced that they will report Q1, 2026 results Pre-Market on May 04, 2026
お知らせ • Apr 09Alexander's, Inc., Annual General Meeting, May 21, 2026Alexander's, Inc., Annual General Meeting, May 21, 2026.
お知らせ • Feb 05Alexander's, Inc. Declares Quarterly Dividend, Payable on February 27, 2026Alexander’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.
お知らせ • Jan 21Alexander's, Inc. to Report Q4, 2025 Results on Feb 09, 2026Alexander's, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 09, 2026
Board Change • May 20Insufficient new directorsNo 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.
お知らせ • May 01Alexander's, Inc. announces Quarterly dividend, payable on May 29, 2026Alexander'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.
お知らせ • Apr 21Alexander's, Inc. to Report Q1, 2026 Results on May 04, 2026Alexander's, Inc. announced that they will report Q1, 2026 results Pre-Market on May 04, 2026
お知らせ • Apr 09Alexander's, Inc., Annual General Meeting, May 21, 2026Alexander's, Inc., Annual General Meeting, May 21, 2026.
お知らせ • Feb 05Alexander's, Inc. Declares Quarterly Dividend, Payable on February 27, 2026Alexander’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.
お知らせ • Jan 21Alexander's, Inc. to Report Q4, 2025 Results on Feb 09, 2026Alexander's, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 09, 2026
Board Change • Dec 30Insufficient new directorsNo 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.
お知らせ • Oct 30Alexander's, Inc. Declares Quarterly Dividend, Payable on November 28, 2025Alexander'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.
お知らせ • Oct 22Alexander's, Inc. to Report Q3, 2025 Results on Nov 03, 2025Alexander's, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 03, 2025
お知らせ • Jul 31Alexander's, Inc. Declares Quarterly Dividend, Payable on August 29, 2025Alexander'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.
お知らせ • Jul 23Alexander's, Inc. to Report Q2, 2025 Results on Aug 04, 2025Alexander's, Inc. announced that they will report Q2, 2025 results at 9:00 AM, US Eastern Standard Time on Aug 04, 2025
お知らせ • Apr 24Alexander's, Inc. to Report Q1, 2025 Results on May 05, 2025Alexander's, Inc. announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on May 05, 2025
お知らせ • Apr 10Alexander's, Inc., Annual General Meeting, May 22, 2025Alexander's, Inc., Annual General Meeting, May 22, 2025.
お知らせ • Feb 06Alexander's, Inc. Declares Quarterly Dividend on Common Shares, Payable on February 28, 2025Alexander'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.
お知らせ • Jan 23Alexander's, Inc. to Report Q4, 2024 Results on Feb 10, 2025Alexander's, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 10, 2025
お知らせ • Jan 02Alexander's, Inc. Announces Resignation of Richard West from Board of Directors and Chair of the Audit and Compensation Committee, Effective January 1, 2025On 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 05Third 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 04Second quarter dividend of US$4.50 announcedShareholders 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%.
お知らせ • Oct 31Alexander's, Inc. Declares Quarterly Dividend, Payable on November 29, 2024Alexander’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.
お知らせ • Oct 23Alexander's, Inc. to Report Q3, 2024 Results on Nov 04, 2024Alexander's, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 04, 2024
Reported Earnings • Aug 06Second 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 05First quarter dividend of US$4.50 announcedShareholders 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%.
お知らせ • Aug 01Alexander's, Inc. Declares Quarterly Dividend, Payable on August 30, 2024Alexander'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.
お知らせ • Jul 24Alexander's, Inc. to Report Q2, 2024 Results on Aug 05, 2024Alexander's, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 05, 2024
New Risk • May 12New major risk - Revenue and earnings growthEarnings 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 06First 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 06Fourth quarter dividend of US$4.50 announcedShareholders 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%.
お知らせ • May 02Alexander's, Inc. Declares Quarterly Dividend on Common Shares, Payable on May 31, 2024Alexander’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.
お知らせ • Apr 27Alexander's, Inc. to Report Q1, 2024 Results on May 06, 2024Alexander's, Inc. announced that they will report Q1, 2024 results Pre-Market on May 06, 2024
Reported Earnings • Feb 13Full 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.
お知らせ • Feb 08Alexander's, Inc. Declares Quarterly Dividend, Payable on March 1, 2024Alexander’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.
お知らせ • Jan 18Alexander's, Inc. to Report Q4, 2023 Results on Feb 12, 2024Alexander'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 31Third 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.
お知らせ • Oct 26Alexander's, Inc. Declares Regular Quarterly Dividend, Payable on November 17, 2023Alexander’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 01New minor risk - Earnings qualityThe 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 31Second 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.
お知らせ • Jul 29Alexander's, Inc. to Report Q3, 2023 Results on Oct 30, 2023Alexander's, Inc. announced that they will report Q3, 2023 results After-Market on Oct 30, 2023
お知らせ • Jul 27Alexander's, Inc. Declares Quarterly Dividend on Common Shares, Payable on August 18, 2023Alexander’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.
お知らせ • Jul 22Alexander's, Inc. to Report Q2, 2023 Results on Jul 31, 2023Alexander's, Inc. announced that they will report Q2, 2023 results Pre-Market on Jul 31, 2023
Valuation Update With 7 Day Price Move • Jun 07Investor 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 02First 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 14Full 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.
お知らせ • Jan 26Alexander's, Inc. to Report Q4, 2022 Results on Feb 13, 2023Alexander's, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 13, 2023
お知らせ • Jan 19Alexander's, Inc. Declares Regular Quarterly Dividend, Payable on February 10, 2023Alexander’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 16Insufficient new directorsThere 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 01Third 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 02Second 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 18Now 21% undervalued after recent price dropOver 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 03First 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 27Insufficient new directorsThere 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 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull 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 03Third 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 03Second 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 04First 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 04New 90-day high: €234The 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 18Full 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 18Revenue beats expectationsRevenue 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 16Market bids up stock over the past weekAfter 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 16New 90-day high: €232The 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 04Third quarter 2020 earnings released: EPS US$1.29The 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 30New 90-day low: €200The 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 22New 90-day low: €202The 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.
