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

Failure Fallout

09:00am, Sunday, 12'th Mar 2023
U.S. equity markets tumbled this week after the sudden collapse of a pair of technology-focused banks sparked concerns over financial stability and overshadowed a generally solid slate of employment d
The heavy selling pressure might have exhausted for Alexander's (ALX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts
The heavy selling pressure might have exhausted for Alexander's (ALX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts
Alexander's, Inc. is a REIT managing six properties in the New York City Metropolitan Area, one of which is home to Bloomberg L.P. A double usual debt/EBITDA of 10.7 raises red flags for the company a
Quite a few REITs are expected to cut their dividend in 2023. Rising interest rates and deteriorating economic conditions are putting pressure on some REITs.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE