Alexander's (ALX) AI Stock Analysis

• Market Cap: $1.16B
• Dividend Yield: 8.07%
• Average Volume (3M): 80.34K
• Price to Earnings (P/E): 31.9
• Beta (1Y): 0.56
• Revenue Growth: -7.52%
• EPS Growth: -22.75%
• Country: US
• Employees: 90
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 2.90
• Shares Outstanding: 5,107,290
• 10 Day Avg. Volume: 76,513
• 30 Day Avg. Volume: 80,345
• PEG Ratio: -0.41
• Price to Book (P/B): 5.81
• Price to Sales (P/S): 4.54
• P/FCF Ratio: 18.98
• Enterprise Value/Market Cap: 1.58
• Enterprise Value/Revenue: 8.52
• Enterprise Value/Gross Profit: 14.43
• Enterprise Value/Ebitda: 15.76
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: $241.00 ▲(1.90% Upside)

Alexander's stock score reflects a balance of strong profitability and operational efficiency against high leverage and declining revenue growth. The technical analysis suggests a neutral to slightly bearish outlook, while the valuation is mixed with a high P/E ratio but an attractive dividend yield. The absence of earnings call data and corporate events limits additional insights.

Alexander's Business Overview & Revenue Model

Company Description

Alexander's (ALX) is a real estate investment trust (REIT) focused on the ownership, leasing, and management of high-quality retail and office properties in the New York metropolitan area. The company specializes in premier locations, primarily in Manhattan, and is known for its strong portfolio of properties that cater to a diverse range of tenants, from luxury retailers to corporate offices. With a commitment to sustainable practices and community engagement, Alexander's aims to enhance the value of its properties while delivering returns to its shareholders.

How the Company Makes Money

Alexander's generates revenue primarily through rental income from its extensive portfolio of retail and office properties. The company leases space to a variety of tenants, which provides a stable and recurring cash flow. Additionally, Alexander's may benefit from property appreciation and the strategic redevelopment of its assets. Key revenue streams include base rental income, percentage rents based on tenants' sales, and ancillary income from services related to property management. Significant partnerships with high-profile tenants and a focus on maintaining long-term leases contribute to the stability and growth of its earnings.

Alexander's Financial Statement Overview

Summary

Alexander's financial statements present a mixed picture. The company demonstrates strong profitability and operational efficiency, as evidenced by healthy margins. However, high leverage and declining revenue and free cash flow growth are areas of concern. The company needs to focus on improving revenue growth and managing its debt levels to ensure long-term financial stability.

Income Statement

The income statement shows a mixed performance. The TTM data indicates a slight decline in revenue growth at -1.03%, which is concerning. However, the company maintains a healthy EBIT margin of 37.28% and a net profit margin of 17.14%, suggesting strong operational efficiency. Historical data shows fluctuating revenue growth, with a notable decline in 2020 but recovery in subsequent years. Profit margins have been relatively stable, indicating consistent profitability.

Balance Sheet

The balance sheet reveals high leverage with a debt-to-equity ratio of 6.94 in the TTM period, which poses a risk. However, the company has managed to maintain a positive return on equity of 22.12%, indicating effective use of equity to generate profits. The equity ratio is relatively low, reflecting the high level of debt financing, which could be a concern if interest rates rise or if the company faces financial stress.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth at -5.94% in the TTM period, which is a negative indicator. However, the operating cash flow to net income ratio of 1.62 suggests that the company is generating sufficient cash from operations to cover its net income. The free cash flow to net income ratio of 0.84 indicates that a significant portion of net income is being converted into free cash flow, which is positive for liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	215.84M	226.37M	224.96M	205.81M	206.15M	199.14M
Gross Profit	127.41M	226.37M	123.75M	205.81M	206.15M	110.74M
EBITDA	116.71M	144.16M	117.41M	117.69M	184.86M	109.86M
Net Income	36.68M	43.44M	102.41M	57.63M	132.93M	41.94M
Balance Sheet
Total Assets	1.30B	1.34B	1.40B	1.40B	1.39B	1.40B
Cash, Cash Equivalents and Short-Term Investments	352.26M	338.53M	531.86M	461.90M	463.54M	434.73M
Total Debt	987.10M	1.10B	1.09B	1.09B	1.09B	1.16B
Total Liabilities	1.17B	1.16B	1.17B	1.16B	1.14B	1.20B
Stockholders Equity	128.33M	176.86M	237.66M	236.50M	252.59M	203.23M
Cash Flow
Free Cash Flow	67.14M	54.11M	109.11M	102.55M	118.47M	78.07M
Operating Cash Flow	80.83M	54.11M	109.11M	102.55M	118.47M	78.07M
Investing Cash Flow	-28.93M	-13.22M	321.81M	-279.27M	75.46M	-32.46M
Financing Cash Flow	-96.81M	-200.03M	-92.42M	-92.31M	-160.29M	90.29M

Alexander's Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 236.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ALX, the sentiment is Positive. The current price of 236.5 is above the 20-day moving average (MA) of 230.78, above the 50-day MA of 234.08, and above the 200-day MA of 217.01, indicating a neutral trend. The MACD of -1.75 indicates Negative momentum. The RSI at 50.61 is Neutral, neither overbought nor oversold. The STOCH value of 65.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ALX.

Alexander's Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTY	79 Outperform	$1.55B	21.06	7.54%	6.83%	8.17%	9.96%
WSR	72 Outperform	$1.35B	15.51	10.34%	4.02%	4.44%	107.23%
NTST	70 Outperform	$1.54B	10,800.00	0.02%	4.32%	19.92%	―
CBL	70 Outperform	$972.85M	15.04	37.88%	9.06%	5.74%	294.33%
BFS	68 Neutral	$728.08M	22.67	11.88%	7.71%	5.75%	-37.69%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
ALX	60 Neutral	$1.16B	31.91	22.99%	8.07%	-7.52%	-22.75%

Alexander's Corporate Events

Alexander’s Inc. Reports Q3 2025 Earnings

Alexander’s Inc., a Delaware-based real estate investment trust (REIT), specializes in leasing, managing, developing, and redeveloping properties, primarily in New York City, with management and leasing operations conducted by Vornado Realty Trust. In its latest earnings report for the quarter ending September 30, 2025, Alexander’s Inc. reported a net income of $5.97 million, or $1.16 per diluted share, a decrease from $6.68 million, or $1.30 per diluted share, in the same period last year. The company’s rental revenues declined to $53.42 million from $55.68 million, attributed mainly to the expiration of Home Depot’s lease at 731 Lexington Avenue. Operating expenses slightly increased to $26.69 million, while interest and debt expenses decreased significantly due to refinancing activities. Despite these challenges, Alexander’s Inc. continues to maintain a strong occupancy rate, with commercial properties at 94.9% and residential at 97.1%. As the company navigates discussions for loan restructuring and explores sale opportunities for its Rego Park I property, it remains focused on maintaining its competitive edge in the real estate market.

Alexander’s Inc. Reports Decline in Quarterly Earnings

Alexander’s Inc., a real estate investment trust (REIT) based in Delaware, specializes in leasing, managing, developing, and redeveloping properties, primarily in New York City. The company is managed by Vornado Realty Trust and owns five properties in the city.