Alexander’s (ALX) Projected to Post Quarterly Earnings on Monday

Alexander’s (NYSE:ALXGet Free Report) is anticipated to announce its Q2 2026 results before the market opens on Monday, August 3rd. Analysts expect the company to post earnings of $3.00 per share and revenue of $54.10 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Monday, August 3, 2026 at 9:00 AM ET.

Alexander’s (NYSE:ALXGet Free Report) last posted its earnings results on Monday, May 4th. The real estate investment trust reported $0.91 EPS for the quarter, missing the consensus estimate of $3.08 by ($2.17). Alexander’s had a net margin of 9.72% and a return on equity of 17.38%. The firm had revenue of $53.41 million during the quarter, compared to the consensus estimate of $53.40 million. On average, analysts expect Alexander’s to post $12 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Alexander’s Stock Performance

Shares of ALX stock opened at $276.08 on Monday. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 69.02 and a beta of 0.76. The company has a current ratio of 6.92, a quick ratio of 6.92 and a debt-to-equity ratio of 9.17. The business’s 50-day moving average price is $264.48 and its 200-day moving average price is $248.55. Alexander’s has a 12 month low of $201.28 and a 12 month high of $289.43.

Alexander’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 11th were issued a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date was Monday, May 11th. Alexander’s’s dividend payout ratio (DPR) is 450.00%.

Analysts Set New Price Targets

ALX has been the topic of several recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Alexander’s in a research report on Friday, July 17th. Piper Sandler upped their price target on shares of Alexander’s from $190.00 to $212.00 and gave the company an “underweight” rating in a research report on Tuesday, July 21st. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $212.00.

Get Our Latest Analysis on Alexander’s

Insider Buying and Selling

In other Alexander’s news, Director Russell B. Wight, Jr. sold 423 shares of Alexander’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $267.00, for a total transaction of $112,941.00. Following the transaction, the director directly owned 900 shares of the company’s stock, valued at approximately $240,300. The trade was a 31.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 26.36% of the company’s stock.

Hedge Funds Weigh In On Alexander’s

A number of hedge funds have recently made changes to their positions in ALX. EverSource Wealth Advisors LLC lifted its stake in shares of Alexander’s by 625.0% in the second quarter. EverSource Wealth Advisors LLC now owns 116 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 100 shares during the period. Van ECK Associates Corp acquired a new stake in Alexander’s during the 3rd quarter valued at approximately $32,000. Garton & Associates Financial Advisors LLC acquired a new stake in Alexander’s during the 4th quarter valued at approximately $38,000. Tower Research Capital LLC TRC raised its holdings in Alexander’s by 89.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 208 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 98 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new position in Alexander’s during the 4th quarter worth approximately $48,000. 31.99% of the stock is currently owned by institutional investors.

About Alexander’s

(Get Free Report)

Alexander’s (NYSE: ALX) is a publicly traded real estate investment trust focused on owning, leasing and managing commercial properties in the New York metropolitan area. The company’s portfolio encompasses office buildings, retail storefronts and parking facilities, all held on a wholly owned basis. By concentrating on prime urban and suburban locations, Alexander’s seeks to generate stable rental income and long-term asset appreciation.

Founded in 1928 as a family-run department store chain, Alexander’s transitioned during the early 1990s into a pure-play real estate company following the sale of its retail operations.

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Earnings History for Alexander's (NYSE:ALX)

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