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Alexander's, Inc.NYSE:ALX 주식 보고서

시가총액 US$1.3b
주가
US$246.11
US$190
29.5% 고평가 내재 할인율
1Y9.3%
7D-0.04%
1D
포트폴리오 가치
​
보기

Alexander's, Inc.

NYSE:ALX 주식 리포트

시가총액: US$1.3b

Alexander's (ALX) 주식 개요

는 부동산 임대, 관리, 개발 및 재개발에 종사하는 부동산 투자 신탁(REIT)입니다. 자세히 보기

ALX 펀더멘털 분석
스노우플레이크 점수
가치 평가0/6
미래 성장1/6
과거 실적1/6
재무 건전성1/6
배당4/6

강점

수익은 매년 7.24% 증가할 것으로 예상됩니다.

위험 분석

이자 지급액이 수익으로 잘 충당되지 않음

7.31%의 배당금은 수익이나 자유현금흐름으로 잘 충당되지 않습니다.

이익 마진 (9.7%)이 지난해 (18%)보다 낮습니다.


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Alexander's, Inc. 경쟁사

가격 이력 및 성과

Alexander's 주가의 최고가, 최저가 및 변동 요약
과거 주가
현재 주가US$246.11
52주 최고가US$260.84
52주 최저가US$201.28
베타0.77
1개월 변동-1.60%
3개월 변동4.90%
1년 변동9.29%
3년 변동40.84%
5년 변동-11.23%
IPO 이후 변동1,052.10%

최근 뉴스 및 업데이트

Recent updates

Seeking Alpha • Dec 19

Alexander's: Fed Tailwinds Drive FFO Growth

Summary Alexander's, Inc. is a commercial REIT managing five properties in New York, with Bloomberg accounting for 60% of revenues. ALX's Q3 2025 results show FFO growth of 2.5%, principally driven by lower funding costs, which more than offset a drop in net operating income. Looking ahead to Q4 2025 and 2026, I see ALX's net operating income returning to growth thanks to recent occupancy gains. I anticipate ALX 2026 FFO to land in a range of $12.00-12.50/share, with growth principally stemming from 2025 Fed cuts. Key risks in the investment case include outsized exposure to Bloomberg and New York State, which are easily addressed by holding ALX as part of a broader REIT portfolio. Read the full article on Seeking Alpha
Seeking Alpha • Apr 14

Alexander's: Is The Dividend Safe?

Summary Alexander's is up year-to-date, outperforming its peers, even as its dividend looks less safe. Dividend coverage has slipped to 90%, down from 111% a year ago, as FFO and free cash flow continue to dip. The REIT faces $502 million in debt repayments this year against cash and cash equivalents of just $338.53 million. Read the full article on Seeking Alpha
Seeking Alpha • Jan 26

Alexander's: Bloomberg Lease Secured, Is The Dividend Safe

Summary Alexander's has dipped materially from its 52-week high following a spike in the US 10-year Treasury yield. The REIT generated fiscal 2024 third-quarter FFO of $2.84 per share, down from its year-ago comp. A $354.8 million cash and cash equivalents position helps to provide a buffer for the REIT, but 2025 debt maturities are heavy and will pose a challenge. Read the full article on Seeking Alpha
Seeking Alpha • Nov 12

Alexander's Is A Good Business That The Market Has Overestimated

Summary Alexander's, Inc. has underperformed since 2019, with a -1.7% TSR compared to SPY's 113%, due to declining profitability and rich valuations. Despite increasing NOPAT since 2020, the Company's GAAP net income and NOPAT margins have declined from 2019 highs, impacting overall profitability. Management has created value with $154 million in economic earnings since 2019, but ALX remains overvalued with unrealistic growth expectations. Alexander's stock is not recommended due to its inability to meet market expectations and reward investors despite its operational improvements. Read the full article on Seeking Alpha
Seeking Alpha • Jul 16

Alexander's Inc.:  Numerous Signs Of Distress

Summary Office REITs have gained modestly this year, but face challenges due to the WFH trend and mounting defaults in commercial real estate loans. Alexanders, Inc. is a small-cap REIT with a portfolio of office and retail properties in New York City, facing heavy indebtedness, shrinking revenues, and reliance on a single tenant. ALX faces liquidity issues, and may need to cut dividends or dilutively issue new shares, making it a risky investment for the longer term. Read the full article on Seeking Alpha
Seeking Alpha • Apr 21

Alexander's: Hold On To This 8.8% Yield From New York City

Summary Alexander's has maintained its dividend through recent chaos, offering an 8.8% dividend yield. The REIT's coverage of its dividend is at 88% against its full-year 2023 FFO. There is $500 million in debt maturing debt in 2024 which needs to be refinanced or extended. Read the full article on Seeking Alpha
Seeking Alpha • Jan 29

Alexander's: A Lot Of Risks For A Small Discount

Summary Alexander's, Inc. is a REIT that owns and manages 5 retail properties in New York City. The REIT's operating performance is concerning, with low occupancy rates and minimal revenue growth. There are also risks associated with portfolio concentration, significant tenant dependency, and upcoming mortgage maturities. Additionally, the dividend is in danger and the current discount to NAV is unattractive. Read the full article on Seeking Alpha
Seeking Alpha • Nov 01

Alexander's 10% Yield Seems Compelling But Faces Headwinds

Summary Alexander's fiscal 2023 third quarter FFO dipped heavily from its year-ago comp. This has put at risk a historically stable payout as the dividend coverage now stands at 81%. A large cash position means ALX can sustain its dividend payments for years, but it faces upcoming debt maturities that will require refinancing. Read the full article on Seeking Alpha
Seeking Alpha • Aug 02

Alexander's, Inc.: The Needle Is Pointing Down

Summary Office REITs in urban areas with long commutes will likely continue to struggle due in large measure to the WFH trend. Alexander's Inc. owns 5 properties in the New York metropolitan area, including the world headquarters of Bloomberg. Shares in ALX have been losing value for nearly 10 years and revenues are declining significantly. ALX is in imminent danger of a dividend cut in the face of declining revenues and heavy near-term debt maturities. Read the full article on Seeking Alpha
Seeking Alpha • Feb 13

Alexanders AFFO of $4.03 misses by $0.05, revenue of $53.05M beats by $1.35M

Alexanders press release (NYSE:ALX): Q4 AFFO of $4.03 misses by $0.05. Revenue of $53.05M (+6.8% Y/Y) beats by $1.35M.
Seeking Alpha • Jan 18

Alexanders declares $4.50 dividend

Alexanders (NYSE:ALX) declares $4.50/share quarterly dividend, in line with previous. Forward yield 7.76% Payable Feb. 10; for shareholders of record Jan. 30; ex-div Jan. 27. See ALX Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Oct 26

Alexanders declares $4.50 dividend

Alexanders (NYSE:ALX) declares $4.50/share quarterly dividend, in line with previous. Forward yield 7.89% Payable Nov. 18; for shareholders of record Nov. 7; ex-div Nov. 4. See ALX Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jul 27

Alexanders declares $4.50 dividend

Alexanders (NYSE:ALX) declares $4.50/share quarterly dividend, in line with previous. Forward yield 7.73% Payable Aug. 19; for shareholders of record Aug. 8; ex-div Aug. 5. See ALX Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jul 09

Alexander's: Bottom Fishing On This Commercial REIT Could Be Risky

Alexander's is witnessing higher demand and has an active pipeline in the retail real estate segment. However, it is struggling in the office market. Steady demand and higher rents can only happen in the long run, as in the short run, ALX’s huge vacancies will get absorbed at low rents. A mid-to-high single-digit FFO growth will not be good enough to sustain ALX’s current yield in case the price rises, even by a low percentage. Alexander's Inc. Alexander's, Inc. (ALX) is a real estate investment trust ((REIT)) which leases, manages, and develops properties primarily in the retail segment. The company's portfolio comprises retail and office properties located in metropolitan and suburban areas of New York City. Alexander's major tenants include financial institutions, fashion and accessories stores, toy shops, homeware and furniture stores, and department stores. The company generates revenue from leasing to tenants, and rents generated from parking spaces. The majority of consolidated revenue is derived from tenant leases. Alexander's activities are conducted through its manager, Vornado Realty Trust (VNO). ALX has 6 properties in the greater New York City metropolitan area consisting of - 731 Lexington Avenue office and retail (including Bloomberg, L.P.'s world headquarters), the Rego Center complex in Rego Park, Queens, including the Rego Park I, II, and III retail properties and The Alexander apartment tower, and a retail property located in Flushing, NY. By the beginning of May 2022, ALX had a utilization of just 46 percent. Rentals and FFO During Q1 2022 During Q1 2022, ALX's fund from operations ((FFO)) grew by 22 percent, primarily due to rent commencement on new office and retail leases. Retail leasing activity in the first quarter consisted of six lease contracts totaling 20,000 square feet with average starting rents of $172 per square foot. All these lease contracts have long term maturities. The company has an active pipeline and strong interest in the Penn district in particular. However, it is struggling in the office market. In Chicago, the office market continues to be challenged with direct vacancy and historically high levels of concessions provided to tenants. Still, almost 0.15 million square feet of new leases have been finalized in Q1, 2022, including an 81,000 square foot of Avant's (a lending FinTech company) headquarter and a 34,000 square foot renewal of Steelcase's showroom. The company also has almost 70,000 square feet of leases in negotiation. In San Francisco, although the overall vacancy rate is 15 percent, 555 California is almost 97 percent occupied. Dividend Yield Alexander's, Inc.'s market price has been in a steady fall over the past five years. Price dropped by almost 45 percent. Prior to that the share traded around $400 for several years. The falling prices resulted in a relatively higher yield. The average yield over the past four years is little over 6 percent, and it has generated a yield in the range of 5 percent to 7 percent. The yield over the trailing twelve months (TTM yield) is 7.8 percent. Without a doubt, this REIT is trying to generate high yield for its investors. This commercial REIT has paid regular quarterly dividends since 2010. The company made a steady growth in the pay-out, and despite such drastic impact of covid-19 pandemic, it has been able to continue with the same pay-out. At present the pay-out is marginally more than its FFO. This denotes a small part of its dividend is financed from capital, primarily from the sale proceeds of office properties. The company also possesses a high degree of liquid assets of $4 billion, including $1.8 billion of cash, restricted cash and investments in US treasury bills. Impact of Inflation, Interest Rates, and Looming Recession Commercial real estate, such as retail spaces, hotels, and office buildings, takes years to be developed and operationalised. In case the demand for retail spaces shoots up, as happened at the end of 2021, rent of retail properties shifts upwards, as it is not possible to meet the supply in the short term. Also, the properties are likely to witness full occupancy. This is what happened to Alexander's, Inc. The company has retail properties and parking spaces in prime locations, which surely will continue the steady flow of revenues. Office REITs, however, are having a difficult time due to the rising popularity of the work from home options. Alexander's, Inc. is already facing a low occupancy, as well as prospective lease termination in the coming years. The present value of the estimated additional lease liability is expected to reduce Alexander's earnings by $21 million this year. With the current market volatility and rising interest rates, the financing markets are also in an uncertain situation.
Seeking Alpha • Mar 20

Alexander's: Trading At ~69% Of NAV, Yields 7.1% And Insiders Own >50%

Alexander's is an under-the-radar $1.28 billion NYC REIT that trades below private market value. It is currently trading at ~69% of NAV. As you wait for the discount to close, you can snack on a 7% yield. Insiders are aligned and own >50% of the stock.
Seeking Alpha • Sep 07

Alexander's: An Excellent Value Stock Currently Yielding 7%

Alexander's owns iconic properties in the NYC region, and is seeing signs of a rebound. Yet its stock trades in value territory. If the recent City Office transaction is any indication, it could mean a public and private market price dislocation for Alexander's as well. I also highlight the balance sheet, dividends, and other points worth considering.
분석 기사 • Dec 29

Is Alexander's, Inc.'s (NYSE:ALX) 18% ROE Better Than Average?

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

주주 수익률

ALXUS Retail REITsUS 시장
7D-0.04%-0.3%1.5%
1Y9.3%16.4%28.6%

수익률 대 산업: ALX은 지난 1년 동안 16.4%의 수익을 기록한 US Retail REITs 산업보다 저조한 성과를 냈습니다.

수익률 대 시장: ALX은 지난 1년 동안 28.6%를 기록한 US 시장보다 저조한 성과를 냈습니다.

주가 변동성

Is ALX's price volatile compared to industry and market?
ALX volatility
ALX Average Weekly Movement4.0%
Retail REITs Industry Average Movement2.5%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

안정적인 주가: ALX는 지난 3개월 동안 US 시장에 비해 주가 변동성이 크지 않았습니다.

시간에 따른 변동성: ALX의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.

회사 소개

설립직원 수CEO웹사이트
1928103Steve Rothwww.alx-inc.com

는 부동산 임대, 관리, 개발 및 재개발에 종사하는 부동산 투자 신탁(REIT)입니다. 알렉산더의 활동은 관리자인 보네이도 리얼티 트러스트를 통해 이루어집니다. Alexander's는 뉴욕시 대도시 지역에 다음과 같이 구성된 5개의 부동산을 보유하고 있습니다: 렉싱턴 애비뉴 731번지 사무실 및 소매점(블룸버그, L.P.의 세계 본사 포함), 퀸즈 레고 파크의 레고 센터 단지(레고 파크 I 및 II 소매점, 알렉산더 아파트 타워 포함), 뉴욕 플러싱에 위치한 소매점 등입니다.

Alexander's, Inc. 기초 지표 요약

Alexander's의 순이익과 매출은 시가총액과 어떻게 비교됩니까?
ALX 기초 통계
시가총액US$1.28b
순이익 (TTM)US$20.57m
매출 (TTM)US$211.68m
61.1x
주가수익비율(P/E)
5.9x
주가매출비율(P/S)

ALX는 고평가되어 있습니까?

공정 가치 및 평가 분석 보기

순이익 및 매출

최근 실적 보고서(TTM)의 주요 수익성 지표
ALX 손익계산서 (TTM)
매출US$211.68m
매출원가US$109.79m
총이익US$101.89m
기타 비용US$81.31m
순이익US$20.57m

최근 보고된 실적

Mar 31, 2026

다음 실적 발표일

해당 없음

주당순이익(EPS)4.03
총이익률48.13%
순이익률9.72%
부채/자본 비율917.1%

ALX의 장기 실적은 어땠습니까?

과거 실적 및 비교 보기

배당

7.3%
현재 배당 수익률
167%
배당 성향

ALX는 안정적으로 배당을 지급합니까?

ALX 배당 기록 및 벤치마크 보기
다가오는 배당을 받으려면 언제까지 ALX를 매수해야 하나요?
Alexander's 배당 일정
배당락일May 11 2026
배당 지급일May 29 2026
배당락일까지 남은 일수20 days
배당 지급일까지 남은 일수2 days

ALX는 안정적으로 배당을 지급합니까?

ALX 배당 기록 및 벤치마크 보기

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/29 12:41
종가2026/05/29 00:00
수익2026/03/31
연간 수익2025/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.

분석 모델 및 스노우플레이크

이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.

Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.

산업 및 섹터 지표

산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.

분석가 소스

Alexander's, Inc.는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
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