Alexander's, Inc. (ALX)

Real Estate · NYQ

$243.83-1.08% today

Price as at 2 Oct 2026, 01:45 UTC. Quotes are delayed.

Fundamentals

Market cap$1.45B
P/E ratio71.0
Dividend yield6.48%
Revenue growth (YoY)-2.7%
Profit margin9.7%
Return on equity16.2%
52-week range$201.28 to $289.43

Valuation and ratings

Fair value estimate$113.66
Upside to fair value-53.4%
Analyst target (mean)$190.00
Analyst range$190.00 to $190.00
Analysts with price targets1
Consensus viewnone
Moat score40/100
Overall rating28/100, very low quality

Fair value: $113.66 (-53.4%), see how we got there

Alexander's, Inc. trades at $243.83, which is 53% above the $113.66 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 40 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 71.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

ALX dividend history

Dividend yield6.48%
Paid, trailing 12 months$18.00 per share
Most recent payment$4.50, ex 10 Aug 2026
5-year growth (p.a.)0.0%
Consecutive years paid16

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$13.503
2025$18.004
2024$18.004
2023$18.004
2022$18.004
2021$18.004
2020$18.004
2019$18.004
2018$18.004
2017$17.004
2016$16.004

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

ALX earnings and analyst estimates

Expected revenue growth+1.7%

Recommendation mix, 1 published rating

0 buy0 hold1 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Alexander's, Inc.

Alexander's, Inc. is a real estate investment trust (REIT) engaged in leasing, managing, developing and redeveloping properties. Alexander's activities are conducted through its manager, Vornado Realty Trust. Alexander's has four 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 II retail property and The Alexander apartment tower, and a retail property located in Flushing, NY. Alexander's, Inc. was incorporated in 1928 and is based in Paramus, United States.

Industry: REIT - RetailEmployees: 103HQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

ALX passes 2 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

7 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

ALX peers

The largest companies in the same industry (REIT - Retail), then in the same sector.

Every real estate company we cover is on the Real Estate hub.

Common questions

Is Alexander's, Inc. (ALX) undervalued?

Against our fair value estimate of $113.66, ALX at $243.83 is 53% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own ALX?

7 of the institutions we track reported a position in ALX in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is ALX's P/E ratio?

ALX trades at 71.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Alexander's, Inc. (ALX) pay a dividend?

Yes. Alexander's, Inc. yields 6.48% at the current share price. It has paid $18.00 per share over the trailing twelve months. It has paid a dividend in each of the last 16 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its ALX data?

Fundamentals for ALX come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 2 Oct 2026, 01:45 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for ALX, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.