Welcome to our dedicated page for Alexander's news (Ticker: ALX), a resource for investors and traders seeking the latest updates and insights on Alexander's stock.
Alexander's Inc (ALX) is a New York City-focused real estate investment trust (REIT) managing premier commercial properties in one of the world's most dynamic markets. This page provides investors and stakeholders with centralized access to official news, press releases, and strategic updates directly from the company.
Track key developments including leasing agreements, property redevelopment initiatives, and financial performance updates. Our curated news collection ensures timely access to earnings announcements, leadership updates, and market analyses relevant to ALX's six-property portfolio.
Stay informed about critical NYC real estate trends impacting the company, from tenant retention strategies to urban development regulations. Bookmark this page for verified updates on asset management decisions and operational milestones that shape ALX's position in the metropolitan commercial real estate sector.
ALEXANDER'S, INC. (NYSE: ALX) will file its quarterly report on Form 10-Q for the quarter ended June 30, 2022, on August 1, 2022, prior to market opening. Vornado Realty Trust (NYSE: VNO), managing Alexander’s operations, will conduct its quarterly earnings conference call on August 2, 2022, at 10:00 a.m. ET, discussing information related to Alexander’s. Investors can access the call via phone or through a live webcast on Vornado's website. Alexander’s operates six properties in the NYC metropolitan area.
ALEXANDER’S, INC. (NYSE: ALX) reported its Q1 2022 financial results on May 2, 2022. The company generated a net income of $14.5 million or $2.84 per diluted share, down from $17.9 million or $3.49 per diluted share in Q1 2021. Funds from operations (FFO) for the quarter were $21.8 million, equating to $4.25 per diluted share, compared to $25.8 million or $5.03 per diluted share a year earlier. The company's revenue was $49.2 million, a decrease from $56.2 million in the previous year.
Alexander's, Inc. (NYSE: ALX) has declared a quarterly dividend of $4.50 per share, payable on May 20, 2022, to shareholders of record as of May 9, 2022. This announcement reflects the company's ongoing commitment to delivering value to its shareholders.
Alexander's, Inc. operates as a real estate investment trust with six properties located in the New York City metropolitan area.
Alexander’s, Inc. (NYSE: ALX) will file its quarterly report on Form 10-Q for the period ending March 31, 2022, with the SEC and issue its earnings release on May 2, 2022. The quarterly earnings conference call hosted by Vornado Realty Trust (NYSE: VNO) will take place on May 3, 2022, at 10:00 a.m. ET, discussing performance and updates related to Alexander’s. The company operates six properties in the New York City area.
ALEXANDER’S, INC. (ALX) reported strong fourth-quarter results, with a net income of $77.7 million or $15.17 per diluted share for Q4 2021, up from $18.4 million or $3.60 per diluted share in Q4 2020. This included $63.2 million from real estate gains. For the year ended December 31, 2021, net income was $132.9 million or $25.94 per diluted share, a notable increase from $41.9 million or $8.19 per diluted share in 2020. Funds from operations for the year reached $89.8 million, or $17.52 per diluted share, up from $82.5 million.
Alexander’s, Inc. (NYSE: ALX) will file its annual report on Form 10-K for the year ended December 31, 2021, with the SEC and release its Q4 and full year earnings on February 14, 2022, before the NYSE opens. Vornado Realty Trust (NYSE: VNO), managing Alexander’s operations, will hold a quarterly earnings conference call on February 15, 2022, at 10:00 a.m. ET, discussing relevant information about Alexander’s. Information on accessing the call and the webcast is provided for investors.
Alexander's, Inc. (NYSE: ALX) has declared a quarterly dividend of $4.50 per share, set to be paid on February 11, 2022. Stockholders of record by January 31, 2022 will receive this payment. The company operates as a real estate investment trust, managing six properties in the greater New York City area. This dividend reflects the company's ongoing commitment to returning value to its shareholders.
Alexander’s, Inc. (NYSE: ALX) announced the appointment of Gary Hansen as the new Chief Financial Officer, succeeding Matthew Iocco, who is retiring after 22 years. Hansen, previously Senior Vice President and Controller, brings over 20 years of experience in accounting and financial reporting. Iocco will assist with the transition until December 31, 2021. Alexander’s operates six properties in the greater New York City area, functioning as a real estate investment trust.
ALEXANDER’S, INC. (NYSE: ALX) reported strong financial results for Q3 2021, with net income increasing to $11.4 million ($2.22 per diluted share), up from $6.6 million ($1.29 per diluted share) in Q3 2020. Funds from operations (FFO) also rose to $21.2 million ($4.13 per diluted share) compared to $15.4 million ($3.00 per diluted share) in the prior year. For the nine months ended September 30, 2021, net income was $55.2 million ($10.77 per diluted share), a substantial increase from $23.5 million ($4.59 per diluted share) in 2020. Total FFO for the period reached $68.1 million ($13.29 per diluted share), up from $57.1 million ($11.15 per diluted share) in the same period last year.
ALEXANDER’S, Inc. (NYSE: ALX) has declared a quarterly dividend of $4.50 per share, scheduled for payment on November 19, 2021, to stockholders of record by November 8, 2021. The company, a real estate investment trust, manages six properties within the greater New York City area. This dividend announcement reflects the company’s commitment to returning value to its shareholders in the current economic climate.
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