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/ALX
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Alexander's Inc

Alexander's Inc

ALX
$269.54USD↑+1.70%+4.51 today

MARKET CAP

1.4B

P/E (TTM)

67.2x

FWD P/E

—

DAY RANGE

$264 – $270

52W RANGE

$201
$289

AI Summary

Stalk
Sell NowMedium

The primary Support Failure pattern and decisive close below the 269.90–270.62 zone on above-average volume indicate medium-term bearish asymmetry. Daily and weekly EMA crossovers confirm near-term downtrend, and failure to reclaim broken support reinforces selling pressure. This alignment supports immediate Sell Now execution, with any strong reclaim above 270–271 invalidating the bearish setup.

  • ↑Q2 EPS $30.24 vs $3.00 expected indicates robust operations
  • ↑Q2 FFO per share $3.02 beats $3.00 consensus
  • ↓Portfolio concentrated in NYC heightens local downturn risk
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

ALEXANDER'S INC. (NYSE: ALX) is a Real Estate Investment Trust (REIT) primarily invested in commercial real estate, owning properties in New York City. The company has a competitive edge with a concentrated portfolio that allows it to capitalize on the lucrative New York real estate market. Its status as a "dividend achiever" is underpinned by a long history of raising dividends, appealing to income-seeking investors. The company focuses on generating stable income through rental income from its properties, making it part of the broader theme of real estate investment and income generation in a low-yield environment.

Bull says

  • ↑Q2 EPS $30.24 vs $3.00 expected indicates robust operations
  • ↑Q2 FFO per share $3.02 beats $3.00 consensus
  • ↑Dividend $4.50/share yields 6.7%, supporting income targets
  • ↑P/E ratio 8.3x below market average suggests valuation cushion
  • ↑High profitability and earnings yield signal strong cash flow
  • ↑Positive momentum trend hints at sustained investor demand

Bear says

  • ↓Portfolio concentrated in NYC heightens local downturn risk
  • ↓Annual net income declined 76.4%, raising coverage concerns
  • ↓DCF-based fair value $192 vs $276.89 price shows overvaluation
  • ↓Analysts rate stock “Reduce” with $212 target, reflecting skepticism
  • ↓Low institutional ownership suggests weak demand from major investors
  • ↓Limited trading liquidity may amplify share price volatility

Investment themes with ALX

Office REITs↑ +0.69%

VNO · BXP · CUZ

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-10-2026bullish

Transcript signals

Bull points

  • We now expect full year 2026 comparable FFO to be slightly higher than 2025, ramping up each quarter due to gap rents coming online, lower interest expense after June 2026 bonds are repaid, and some seasonality relating to our signing business.
  • the Manhattan office market is head and shoulders the best in the country and is off to its strongest start to a year in over a decade.
  • Manhattan leasing volume reached nearly 12 million square feet, the highest first quarter level since 2014.

Bear points

  • First quarter Convo Lab FO was $0.52 per share, compared to $0.63 per share for last year's first quarter. This decrease is consistent with our comments from the prior quarters and is primarily due to the reversal of previously accrued PIN 1 ground rent expense in the prior year's first quarter and higher net interest expense
Read full transcript analysis ›