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Alexander's DB:AXE Stock Report

Last Price

€187.00

Market Cap

€988.5m

7D

-1.6%

1Y

-3.1%

Updated

05 Jan, 2025

Data

Company Financials +

Alexander's, Inc.

DB:AXE Stock Report

Market Cap: €988.5m

AXE Stock Overview

Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (“REIT”), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. More details

AXE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends4/6

Rewards

Price-To-Earnings ratio (21.5x) is below the Retail REITs industry average (21.7x)

Risk Analysis

Earnings are forecast to decline by an average of 48% per year for the next 3 years

Interest payments are not well covered by earnings

Dividend of 9.02% is not well covered by earnings or free cash flows

Profit margins (20.3%) are lower than last year (46.2%)


My Notes

Capture your thoughts, links and company narrative

Alexander's, Inc. Competitors

Hamborner REIT

XTRA:HABA

€517.3m

Deutsche Konsum REIT-AG

XTRA:DKG

€145.4m

Kenedix Retail REIT

TSE:3453

JP¥161.4b

Mercialys

ENXTPA:MERY

€951.3m

Price History & Performance

Summary of share price highs, lows and changes for Alexander's
Historical stock prices
Current Share PriceUS$187.00
52 Week HighUS$220.00
52 Week LowUS$181.00
Beta0.81
1 Month Change-8.33%
3 Month Change-8.33%
1 Year Change-3.11%
3 Year Change-20.76%
5 Year Change-37.67%
Change since IPO-16.33%

Recent News & Updates

Recent updates

Shareholder Returns

AXEDE Retail REITsDE Market
7D-1.6%0.8%-0.4%
1Y-3.1%4.5%7.9%

Return vs Industry: AXE underperformed the German Retail REITs industry which returned 4.5% over the past year.

Return vs Market: AXE underperformed the German Market which returned 7.9% over the past year.

Price Volatility

Is AXE's price volatile compared to industry and market?
AXE volatility
AXE Average Weekly Movement5.5%
Retail REITs Industry Average Movement2.3%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.8%
10% least volatile stocks in DE Market2.4%

Stable Share Price: AXE has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: AXE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192892Steve Rothwww.alx-inc.com

Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (“REIT”), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. All references to “we,” “us,” “our,” “Company” and “Alexander’s” refer to Alexander’s, Inc. and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust (“Vornado”) (NYSE: VNO).

Alexander's, Inc. Fundamentals Summary

How do Alexander's's earnings and revenue compare to its market cap?
AXE fundamental statistics
Market cap€988.55m
Earnings (TTM)€46.05m
Revenue (TTM)€226.49m

21.5x

P/E Ratio

4.4x

P/S Ratio

Is AXE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AXE income statement (TTM)
RevenueUS$233.40m
Cost of RevenueUS$102.56m
Gross ProfitUS$130.84m
Other ExpensesUS$83.39m
EarningsUS$47.45m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)9.29
Gross Margin56.06%
Net Profit Margin20.33%
Debt/Equity Ratio518.1%

How did AXE perform over the long term?

See historical performance and comparison

Dividends

9.0%

Current Dividend Yield

112%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 07:37
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Alexander's, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander GoldfarbPiper Sandler Companies