Office real estate investment trusts in New York City are facing challenges as remote work and changing office dynamics impact demand. Some office markets in Florida, such as Tampa Bay and Sarasota, a

Alexander's, Inc.: The Needle Is Pointing Down

08:00am, Wednesday, 02'nd Aug 2023

Office REITs in urban areas with long commutes will likely continue to struggle due in large measure to the WFH trend. Alexander's Inc. owns 5 properties in the New York metropolitan area, including t

Alexander's (ALX) Q2 FFO and Revenues Top Estimates

11:53am, Monday, 31'st Jul 2023

Alexander's (ALX) came out with quarterly funds from operations (FFO) of $3.55 per share, beating the Zacks Consensus Estimate of $3.51 per share. This compares to FFO of $4.32 per share a year ago.

Alexander's Announces Second Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

12:21pm, Wednesday, 19'th Jul 2023

PARAMUS, N.J., July 19, 2023 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2023 with the U.S. Se

Office REITs: The New Malls

09:00am, Friday, 19'th May 2023

The new pariah of the commercial real estate sector, Office REITs, have remained in free-fall in recent months, plunging another 30% this year following a plunge of nearly 40% last year. Just how bad

Why Is Alexander's Dividend So High?

05:34am, Wednesday, 17'th May 2023

Alexander's name dates back to a retail store that went bankrupt. The REIT has built rental properties where it used to operate stores.

Alexander's: 10.65% Dividend Yield Looks Less Immovable

01:43am, Sunday, 14'th May 2023

Alexander's is now paying out a 10.65% dividend yield on the back of a 24% year-to-date pullback of its common shares. FFO per share fell by $0.62 over its year-ago comp as interest expenses moved up

Sell Alert: 5 REITs That Likely Will Cut Their Dividends

08:05am, Thursday, 11'th May 2023

I expect many more dividend cuts in the coming quarters. Office REITs are facing a perfect storm.

Alexander's, Inc. (ALX) Q1 2023 Earnings Call Transcript

02:40pm, Tuesday, 02'nd May 2023

Alexander's, Inc. (NYSE:ALX ) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants Steve Borenstein - Senior Vice President & Corporate Counsellor Steven Roth - Chairman & Chi

Alexander's Announces First Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

03:10pm, Wednesday, 19'th Apr 2023

PARAMUS, N.J., April 19, 2023 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it will file its quarterly report on Form 10-Q for the quarter ended March 31, 2023 with the U.S. S

New York State Of Mind: Who Wants A Bite Of The Big Apple?

07:00am, Friday, 24'th Mar 2023

I'm always fascinated with NYC, and I even dreamed about working on Wall Street and perhaps that's why I'm now a Wall Street writer. What's not to love about this iconic city?

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