Alexander’s (NYSE:ALX – Get Free Report) is expected to post its Q3 2026 results before the market opens on Monday, November 2nd. Analysts expect the company to announce earnings of $8.20 per share and revenue of $82.40 million for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, November 3, 2026 at 10:00 AM ET.
Alexander’s (NYSE:ALX – Get Free Report) last announced its earnings results on Monday, August 3rd. The real estate investment trust reported $3.02 EPS for the quarter, topping the consensus estimate of $3.00 by $0.02. Alexander’s had a net margin of 79.06% and a return on equity of 123.09%. The business had revenue of $54.71 million during the quarter, compared to the consensus estimate of $54.10 million. On average, analysts expect Alexander’s to post $16.52 EPS for the current fiscal year and $12.78 EPS for the next fiscal year.
Alexander’s Stock Down 0.1%
Shares of ALX opened at $248.24 on Monday. Alexander’s has a 52 week low of $201.28 and a 52 week high of $289.43. The firm has a market cap of $1.27 billion, a P/E ratio of 7.51 and a beta of 0.80. The firm’s 50-day simple moving average is $252.41 and its 200 day simple moving average is $256.88. The company has a debt-to-equity ratio of 3.73, a quick ratio of 16.78 and a current ratio of 16.78.
Alexander’s Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 10th were given a dividend of $4.50 per share. The ex-dividend date was Monday, August 10th. This represents a $18.00 annualized dividend and a yield of 7.3%. Alexander’s’s dividend payout ratio (DPR) is 54.46%.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on ALX. Weiss Ratings upgraded Alexander’s from a “hold (c)” rating to a “buy (b)” rating in a report on Tuesday, August 4th. Piper Sandler lowered their target price on Alexander’s from $212.00 to $192.00 and set an “underweight” rating on the stock in a research note on Monday, October 12th. Wall Street Zen upgraded Alexander’s from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Zacks Research cut Alexander’s from a “strong-buy” rating to a “hold” rating in a report on Friday, September 25th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $192.00.
Check Out Our Latest Research Report on Alexander’s
About Alexander’s
Alexander’s, Inc (NYSE: ALX) is a real estate investment trust that owns, manages and leases a portfolio of office, retail and residential properties, primarily in the New York metropolitan area. Its properties are generally located in densely populated, high-traffic locations and serve commercial tenants, retailers and residents.
The company’s portfolio includes mixed-use and office properties in Manhattan and surrounding communities. Its best-known asset is 731 Lexington Avenue, a major mixed-use development in Manhattan that includes office space, retail establishments and residential units.
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