Alexander's Stock Price, News & Analysis

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.

Alexander's, Inc. (ALX) has announced it will release its third quarter earnings for the period ending September 30, 2021, on November 1, 2021, prior to market opening. The earnings conference call, organized by its manager Vornado Realty Trust (VNO), is scheduled for November 2, 2021 at 10:00 a.m. ET. Alexander's operates six properties in the New York City metropolitan area. Investors are advised to check for potential forward-looking statements regarding the company's future performance and risks including property improvements and the impact of COVID-19.

ALEXANDER'S, INC. (NYSE: ALX) reported strong financial results for Q2 2021, with a net income of $25.9 million or $5.05 per diluted share, up from $12.3 million or $2.41 in Q2 2020. The earnings included a $9.1 million gain from real estate sales. For the first half of 2021, net income reached $43.8 million, translating to $8.55 per diluted share, compared to $16.9 million or $3.30 in the prior year. Funds from operations also rose to $21.1 million, or $4.12 per share, from $18.0 million or $3.51 in 2020.

ALEXANDER'S, Inc. (NYSE: ALX) announced a regular quarterly dividend of $4.50 per share, payable on August 20, 2021, to stockholders of record on August 9, 2021. The announcement reflects the company's ongoing commitment to return value to shareholders. Alexander's, Inc. operates as a real estate investment trust with seven properties located in the New York City metropolitan area. This dividend signifies the company’s confidence in its fiscal health and operational stability.

Alexander's, Inc. (NYSE: ALX) will file its quarterly report for the period ending June 30, 2021, on August 2, 2021, prior to the NYSE opening. The company's manager, Vornado Realty Trust (NYSE: VNO), will host a quarterly earnings conference call on August 3, 2021, at 10:00 a.m. ET, where Alexander's performance may be discussed. The public can access the call by phone or via a webcast on Vornado's website. Alexander's operates seven properties in the greater New York City area.