Alexander's (ALX) AI Stock Analysis

• Market Cap: $1.16B
• Dividend Yield: 8%
• Average Volume (3M): 37.14K
• Price to Earnings (P/E): 29.1
• Beta (1Y): 0.67
• Revenue Growth: -5.79%
• EPS Growth: -63.07%
• Country: US
• Employees: 90
• Sector: Real Estate
• Sector Strength: 67
• Industry: REIT - Retail
• EPS (TTM): 4.06
• Shares Outstanding: 5,107,290
• 10 Day Avg. Volume: 60,842
• 30 Day Avg. Volume: 37,139
• PEG Ratio: -2.25
• Price to Book (P/B): 6.67
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.41
• Enterprise Value/Market Cap: 2.04
• Enterprise Value/Revenue: 2.59
• Enterprise Value/Gross Profit: 24.17
• Enterprise Value/Ebitda: 4.13
• 1Y Price Target: $165.00
• Price Target Upside: -26.67% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: $242.00 ▲(7.56%Upside)

Alexander's stock is supported by strong operational efficiency and a bullish technical outlook, but faces challenges with high leverage and valuation concerns. The high dividend yield is a positive aspect for income-seeking investors.

Alexander's Business Overview & Revenue Model

Company Description

Alexander's, Inc. (ALX) is a real estate investment trust (REIT) primarily engaged in leasing, managing, and developing commercial properties. The company focuses on high-quality retail and office properties primarily located in the New York City metropolitan area. Alexander's operates with a strategic emphasis on maximizing the value and performance of its select property portfolio to generate consistent returns for its stakeholders.

How the Company Makes Money

Alexander's, Inc. generates revenue primarily through leasing its real estate properties to retail and office tenants. The company's key revenue streams include rental income from long-term lease agreements with various tenants, which provides a steady and predictable cash flow. Additionally, Alexander's may earn income from property management services and ancillary services provided to tenants. The company's ability to maintain high occupancy rates and negotiate favorable lease terms contributes significantly to its earnings. Strategic partnerships with prominent retailers and businesses that lease space within Alexander's properties also enhance its revenue potential.

Alexander's Financial Statement Overview

Summary

Alexander's financial statements reflect strong operational efficiency with healthy EBIT and EBITDA margins. However, revenue has slightly decreased, and high leverage poses a potential risk. The company has stable cash flow but lacks growth, necessitating strategic adjustments to improve financial sustainability.

Income Statement

The income statement shows moderate performance with a Gross Profit Margin of 44.48% and a Net Profit Margin of 18.03% for the TTM period. Revenue has slightly decreased by 2.87% from 2024 to 2025, indicating a possible slowdown. EBIT and EBITDA margins are healthy at 35.03% and 54.83%, respectively, demonstrating operational efficiency despite declining revenue.

Balance Sheet

The balance sheet reveals a high Debt-to-Equity Ratio of 6.77, which indicates significant leverage and potential risk if earnings decline. The Return on Equity (ROE) for the TTM is 24.31%, which is strong, but the Equity Ratio is low at 37.87%, suggesting limited financial flexibility. The company should focus on reducing debt to improve its financial stability.

Cash Flow

Cash flow analysis indicates a significant decline in Free Cash Flow from 2024 to 2025, with a negative Free Cash Flow Growth Rate. The Operating Cash Flow to Net Income Ratio is 0.99, which is satisfactory. However, the Free Cash Flow to Net Income Ratio is also 0.99, suggesting limited cash available for expansion after covering operating needs.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
219.89M	226.37M	224.96M	205.81M	206.15M	199.14M
	Gross Profit
97.80M	85.91M	123.75M	115.37M	185.01M	110.74M
	EBIT
92.48M	116.61M	117.41M	86.23M	109.14M	104.43M
	EBITDA
135.34M	144.16M	117.41M	117.69M	184.86M	109.86M
	Net Income Common Stockholders
39.65M	43.44M	102.41M	57.63M	132.93M	41.94M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
319.90M	338.53M	531.86M	461.90M	463.54M	434.73M
	Total Assets
430.63M	1.34B	1.40B	1.40B	1.39B	1.40B
	Total Debt
1.10B	1.10B	1.11B	1.09B	1.09B	1.16B
	Net Debt
783.24M	764.61M	581.15M	896.12M	626.07M	727.46M
	Total Liabilities
1.17B	1.16B	1.17B	1.16B	1.14B	1.20B
	Stockholders Equity
163.09M	176.86M	237.66M	236.50M	252.59M	203.23M
Cash Flow		Free Cash Flow
39.31M	54.11M	109.11M	102.55M	118.47M	78.07M
	Operating Cash Flow
39.31M	54.11M	109.11M	102.55M	118.47M	78.07M
	Investing Cash Flow
-21.93M	-13.22M	321.81M	-279.27M	75.46M	-32.46M
	Financing Cash Flow
-200.83M	-200.03M	-92.42M	-92.31M	-160.29M	90.29M

Alexander's Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 225.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ALX, the sentiment is Positive. The current price of 225 is above the 20-day moving average (MA) of 224.41, above the 50-day MA of 211.27, and above the 200-day MA of 207.60, indicating a bullish trend. The MACD of 4.75 indicates Positive momentum. The RSI at 54.91 is Neutral, neither overbought nor oversold. The STOCH value of 52.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ALX.

Alexander's Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTY	76 Outperform	$1.63B	23.98	7.23%	6.40%	7.80%	4.15%
WSR	70 Outperform	$1.26B	20.50	7.33%	4.35%	4.39%	24.45%
NTST	69 Neutral	$1.35B	―	-0.88%	5.13%	21.91%	-257.05%
BFS	68 Neutral	$845.61M	23.21	13.86%	6.90%	5.00%	-14.72%
AKR	65 Neutral	$2.62B	116.49	0.92%	4.15%	2.62%	84.20%
Sector *	61 Neutral	$2.85B	10.72	0.40%	6.07%	5.80%	-21.26%
ALX	61 Neutral	$1.16B	29.13	20.16%	8.00%	-5.79%	-63.07%

Alexander's Corporate Events

Alexander’s Stockholders Approve Key Proposals at Annual Meeting

On May 22, 2025, Alexander’s, Inc. held its Annual Meeting of Stockholders, where two main proposals were voted on. The first proposal involved the election of Steven Roth and Wendy A. Silverstein to the Board of Directors for a three-year term, both of whom were successfully elected. The second proposal, which was also approved, was the ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year 2025. The meeting saw a high participation rate, with approximately 94.87% of shares represented.

The most recent analyst rating on (ALX) stock is a Sell with a $135.00 price target. To see the full list of analyst forecasts on Alexander’s stock, see the ALX Stock Forecast page.