-1.45%
-5.59%
-16.81%
-22.05%
-14.07%
-28.26%
-41.47%
AI Spotlight on ALX
Company Description
Alexander's, Inc.is a real estate investment trust which has seven properties in the greater New York City metropolitan area.
Market Data
| Last Price | 188.87 |
| Change Percentage | -1.45% |
| Open | 192.21 |
| Previous Close | 191.65 |
| Market Cap ( Millions) | 965 |
| Volume | 7393 |
| Year High | 251.63 |
| Year Low | 184.76 |
| M A 50 | 205.48 |
| M A 200 | 220.12 |
Financial Ratios
| FCF Yield | 7.05% |
| Dividend Yield | 9.53% |
| ROE | 21.79% |
| Debt / Equity | 577.69% |
| Net Debt / EBIDTA | 572.71% |
| Price To Book | 5.08 |
| Price Earnings Ratio | 20.43 |
| Price To FCF | 14.18 |
| Price To sales | 4.13 |
| EV / EBITDA | 13.12 |
News
- Jan -26 - Alexander's: Bloomberg Lease Secured, Is The Dividend Safe
- Jan -23 - ALX Oncology Presents Positive Updated Data from ASPEN-06 Phase 2 Trial Demonstrating Evorpacept Generates Strong Response and Durable Clinical Benefit in Patients with HER2-Positive Gastric Cancer
- Jan -22 - ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules
- Jan -22 - Alexander's Announces Fourth Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call
- Jan -21 - ALX Oncology to Host Virtual Company Event Highlighting Updated Data from ASPEN-06 Phase 2 Trial Presented at 2025 ASCO GI
- Dec -18 - ALX Oncology to Present Updated Results from Phase 2 ASPEN-06 Clinical Trial of Evorpacept in Patients with HER2-Positive Gastric Cancer in Oral Presentation at 2025 ASCO Gastrointestinal Cancers Symposium
- Dec -02 - ALX Resources Corp. Receives Shareholder Approval for the Previously Announced Plan of Arrangement with Greenridge Exploration Inc.
- Nov -14 - ALX Oncology Appoints Alan Sandler, M.D., as Chief Medical Officer
- Nov -12 - Alexander's Is A Good Business That The Market Has Overestimated
- Nov -10 - A Decisive Realignment
- Nov -07 - ALX Oncology Reports Third Quarter 2024 Financial Results and Provides Corporate Update
- Nov -07 - ALX Resources Corp. Announces Filing and Mailing of the Management Information Circular in Connection with Its Annual and Special Meeting of Shareholders to Approve the Acquisition of the Company by Greenridge Exploration Inc.
- Nov -04 - Alexander's (ALX) Tops Q3 FFO and Revenue Estimates
- Nov -04 - Alexander's Announces Third Quarter Financial Results
- Nov -01 - ALX Oncology Announces Results from Phase 1b/2 Trial of Evorpacept in Combination with Zanidatamab will be Presented at the San Antonio Breast Cancer Symposium (SABCS) 2024
- Oct -30 - Alexander's Declares Quarterly $4.50 Dividend on Common Shares
- Oct -22 - Alexander's Announces Third Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call
- Oct -11 - Greenridge Exploration Enters into Binding Arrangement Agreement to Acquire ALX Resources Corp.
- Oct -06 - An October Surprise
- Sep -30 - Alexander's Completes $400 Million Refinancing of 731 Lexington Avenue Office Condominium
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Fixed Lease
Expected Growth : 4.83 %
What the company do ?
Fixed Lease from Alexander's, Inc. is a long-term lease agreement with fixed rent and terms, providing stability and predictability for lessees.
Why we expect these perspectives ?
Alexander's Inc.'s 4.83% fixed lease growth is driven by increasing demand for commercial properties, strategic location expansion, and a strong balance sheet enabling the company to capitalize on new opportunities. Additionally, the company's diversified tenant base and long-term lease agreements provide a stable source of revenue, contributing to its steady growth.
Segment nΒ°2 -> Variable Lease
Expected Growth : 8.5 %
What the company do ?
Variable Lease from Alexander's, Inc. is a financing option that allows customers to lease equipment with flexible payment terms and variable interest rates.
Why we expect these perspectives ?
Alexander's, Inc. Variable Lease growth of 8.5% is driven by increasing demand for flexible lease terms, expansion into new markets, and strategic partnerships. Additionally, the company's focus on technology integration and operational efficiency has improved customer experience, leading to higher retention rates and revenue growth.
Segment nΒ°3 -> Parking
Expected Growth : 4.83 %
What the company do ?
Parking from Alexander's, Inc. refers to the company's parking garage and lot operations, providing convenient parking solutions to customers in urban areas.
Why we expect these perspectives ?
Alexander's, Inc. parking segment growth of 4.83% is driven by increasing urbanization, rising demand for convenient parking options, and strategic location of parking facilities near high-traffic areas. Additionally, investments in technology, such as mobile payment systems and digital signage, enhance the customer experience and drive revenue growth.
Segment nΒ°4 -> Tenant Services
Expected Growth : 4.65 %
What the company do ?
Tenant Services from Alexander's, Inc. provides a range of services to tenants, including leasing, property management, and construction management, ensuring a seamless experience.
Why we expect these perspectives ?
Alexander's Tenant Services segment growth of 4.65% is driven by increasing demand for Class A office spaces, strategic lease renewals, and expansion of existing tenant relationships. Additionally, the company's focus on providing value-added services, such as property management and construction services, contributes to the growth.
Alexander'S, Inc. Products
| Product Range | What is it ? |
|---|---|
| Retail Segment | Alexander's, Inc. operates retail stores that offer a wide range of products, including clothing, accessories, and home goods. |
| Real Estate Segment | Alexander's, Inc. owns and operates commercial properties, including office buildings, shopping centers, and apartments. |
| Theatre Segment | Alexander's, Inc. operates a chain of movie theaters that show the latest films and offer a range of concessions. |
| Investment Segment | Alexander's, Inc. invests in and manages a portfolio of investments, including stocks, bonds, and real estate investment trusts. |
Alexander's, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes is moderate due to the availability of alternative products in the market.
Bargaining Power Of Customers
The bargaining power of customers is high due to the presence of a large number of customers and the availability of alternative products.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low due to the company's large size and negotiating power.
Threat Of New Entrants
The threat of new entrants is moderate due to the presence of barriers to entry and the company's established brand reputation.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several competitors in the market and the high stakes involved.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 82.13% |
| Debt Cost | 5.24% |
| Equity Weight | 17.87% |
| Equity Cost | 7.72% |
| WACC | 5.68% |
| Leverage | 459.72% |
Alexander's, Inc. : Quality Control
Alexander's, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GTY | Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. β¦ |
| PINE | Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that acquires, owns and operates a portfolio of high-quality single-tenant net leased commercial income properties. |
| CBL | Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL's portfolio is comprised of 106 properties totaling 65.7 β¦ |
| BFS | Saul Centers, Inc. is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 60 properties which includes (a) 50 community β¦ |
| AKR | Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual Β Core Portfolio and Fund Β operating platforms and its disciplined, β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
CBL Properties
A-Score
1-Year Total Return ->
π₯
Getty Realty
A-Score
1-Year Total Return ->
π₯
Saul Centers
A-Score
1-Year Total Return ->
4
Alpine Income Property Trust
A-Score
1-Year Total Return ->
5
Alexanders
A-Score
1-Year Total Return ->
6
