Alexander's Stock Price, News & Analysis

Alexander's Inc (NYSE:ALX), a real estate investment trust with five properties in New York City, has announced a quarterly dividend of $4.50 per share. The dividend will be payable on August 29, 2025, to stockholders of record as of August 11, 2025.

The company maintains its regular quarterly dividend distribution, demonstrating consistent shareholder returns. Alexander's portfolio consists of five properties located across New York City, positioning it in one of the country's premier real estate markets.

Alexander's Inc. (NYSE: ALX), a real estate investment trust with five properties in New York City, has announced it will release its Q2 2025 earnings report and file Form 10-Q on Monday, August 4, 2025, before NYSE market opening.

The company's operations manager, Vornado Realty Trust (NYSE: VNO), will host a quarterly earnings conference call and webcast on Tuesday, August 5, 2025, at 10:00 a.m. ET. The call will be accessible via phone (888-317-6003 domestic, 412-317-6061 international) with passcode 9032041, and through a live webcast on Vornado's website.

Alexander's Inc. (NYSE: ALX), a real estate investment trust with five properties in New York City, reported its Q1 2025 financial results. The company's net income decreased to $12.3 million ($2.40 per diluted share) from $16.1 million ($3.14 per diluted share) in Q1 2024. Revenues declined to $54.9 million from $61.4 million year-over-year. The company's Funds from Operations (FFO), a key REIT performance metric, dropped to $20.8 million ($4.06 per diluted share) compared to $25.5 million ($4.98 per diluted share) in the same period last year.

Alexander's (NYSE: ALX) has announced a regular quarterly dividend of $4.50 per share, scheduled for payment on May 30, 2025. Shareholders recorded as of May 12, 2025, will be eligible for this dividend distribution.

The company operates as a real estate investment trust with a portfolio comprising five properties located in New York City. This announcement comes with standard forward-looking statements disclaimers, acknowledging various risk factors including interest rate fluctuations, inflation effects, and their potential impact on tenants, business operations, and market conditions.

The company notes that these factors could materially affect their future results, financial condition, and business performance. For detailed risk assessment, stakeholders are directed to review "Item 1A. Risk Factors" in Part I of their Annual Report on Form 10-K for the year ended December 31, 2024.

Alexander's Inc. (NYSE: ALX) has announced it will release its first quarter 2025 earnings report and file Form 10-Q on Monday, May 5, 2025, before the NYSE market opening. Vornado Realty Trust (NYSE: VNO), which manages Alexander's operations, will host a quarterly earnings conference call and webcast on Tuesday, May 6, 2025 at 10:00 a.m. ET, where Alexander's information may be discussed.

The conference call will be accessible via phone (888-317-6003 domestic; 412-317-6061 international) using passcode 1149171. A live webcast will be available on Vornado's website with playback options. Alexander's operates as a real estate investment trust with five properties in New York City.

Alexander's Inc (ALX) has reported its fourth quarter and full-year 2024 financial results. For Q4 2024, the company recorded net income of $12.3 million ($2.39 per diluted share), down from $16.3 million ($3.17 per diluted share) in Q4 2023. Q4 revenues decreased to $55.9 million from $62.9 million year-over-year.

For the full year 2024, net income was $43.4 million ($8.46 per diluted share), compared to $102.4 million ($19.97 per diluted share) in 2023. The significant difference is mainly due to a $54.0 million gain from the sale of Rego Park III land parcel in 2023. Annual revenues slightly increased to $226.4 million from $225.0 million.

The company's Funds from Operations (FFO) for Q4 2024 was $20.8 million ($4.06 per share), down from $25.6 million ($4.99 per share) in Q4 2023. Full-year 2024 FFO decreased to $78.0 million ($15.19 per share) from $81.1 million ($15.80 per share) in 2023.

Alexander's (NYSE: ALX) has announced its Board of Directors' declaration of a regular quarterly dividend of $4.50 per share. The dividend will be payable on February 28, 2025, to stockholders of record as of February 18, 2025. The company operates as a real estate investment trust with five properties located in New York City.

Alexander's Inc (NYSE: ALX) has announced it will release its fourth quarter and full year 2024 earnings report on Monday, February 10, 2025, before the NYSE market opening. The company will file its annual report on Form 10-K for the year ended December 31, 2024, with the SEC on the same day.

Vornado Realty Trust (NYSE: VNO), which manages Alexander's operations, will host a quarterly earnings conference call and audio webcast on Tuesday, February 11, 2025, at 10:00 a.m. ET. The call will include discussion of Alexander's information and can be accessed via phone (888-317-6003 domestic; 412-317-6061 international) using passcode 0916117. A live webcast will be available on Vornado's website.

Alexander's Inc (NYSE: ALX) reported its Q3 2024 financial results. Net income decreased to $6.7 million ($1.30 per diluted share) from $10.8 million ($2.10 per diluted share) in Q3 2023. FFO declined to $14.6 million ($2.84 per diluted share) compared to $18.6 million ($3.63 per diluted share) year-over-year. For the nine months ended September 30, 2024, net income was $31.2 million ($6.07 per diluted share), down from $86.1 million ($16.79 per diluted share) in 2023, which included a $54.0 million gain from the Rego Park III land sale.