NYSE: ALX
Last close prices updated as of
Feb 03, 2023, 11:27 AM EST
| USD | BATS BZX Real-Time Price
- Last Close 236.42
- Sector Real Estate
- Industry REIT - Retail
- Investment Style Small Value
- Day Range 237.13 – 237.13
- Year Range 200.97 – 266.43
- Market Cap 1.2111 Bil
- Volume / Avg 1,857.0 / 9,631.7
- Price / Sales 5.99
- Price / Book 4.86
- Forward Div Yield 7.61%
- Trailing Div Yield 7.59%
Morningstar‘s Stock Analysis ALX
Valuation
Currency in —
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1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Company Profile ALX
Business Description
Alexander's Inc is a real estate investment trust which leases, manages, and develops properties. 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, in addition to parking space rents. The majority of consolidated revenue is derived from tenant leases.
FAQs for Alexander's Inc Stock
Yes. ALX has a forward dividend yield of 7.61%.
See
ALX’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
ALX’s market cap is 1.21 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
ALX’s stock style is Small Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
ALX’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare ALX’s historical performance against its industry peers and the overall market.