Added to YB: 2026-02-11
Pitch date: 2026-02-09
ALX [neutral]
Alexander's, Inc.
+6.61%
current return
Author Info
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Company Info
Alexander’s, Inc. is a real estate investment trust (REIT) engaged in leasing, managing, developing and redeveloping properties.
Market Cap
$1.2B
Pitch Price
$223.49
Price Target
N/A
Dividend
7.70%
EV/EBITDA
18.72
P/E
42.55
EV/Sales
8.99
Sector
Retail REITs
Category
turnaround
Update: Alexander's ($ALX) FY 2025 Results.
ALX (earnings): Revenue down to $213M from Home Depot exit (expected); 'advanced negotiations' to sell empty Rego Park I for ~$100M+ cash. Cash dropped to $192M, dividend unsustainable at $18/share vs $12.27 FFO without asset sale. PIK debt structure eliminates cash interest on 731 Lexington mortgage.
Read full article (6 min)