Joseph Macnow - Alexanders President

ALX Stock  USD 205.46  2.47  1.19%   

President

Mr. Joseph Macnow is Chief Financial Officer, Executive Vice President, Treasurer of the Company. He served as a Chief Financial Officer, Executive Vice President of the company. He was Executive Vice President Finance and Chief Administrative Officer of Vornado Realty Trust since June 2013 Executive Vice President Finance and Administration of Vornado Realty Trust from January 1998 to June 2013 and Chief Financial Officer of Vornado Realty Trust from March 2001 to June 2013 since 2017.
Age 73
Tenure 7 years
Professional MarksMBA
Address 210 Route 4 East, Paramus, NJ, United States, 07652-5108
Phone201 587 8541
Webhttps://www.alx-inc.com
Macnow is a Certified Public Accountant licensed in the State of New York and a member of the American Institute of Certified Public Accountants, the New York State Society of Certified Public Accountants and the Financial Executives Institute. He has done his MBA coursework at the University of Southern California and is a graduate of the City College of New York, Baruch School of Public and Business Administration majoring in Accounting.

Alexanders Management Efficiency

The company has Return on Asset of 0.0377 % which means that on every $100 spent on assets, it made $0.0377 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.432 %, implying that it generated $0.432 on every 100 dollars invested. Alexanders' management efficiency ratios could be used to measure how well Alexanders manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.08 in 2024. Return On Capital Employed is likely to rise to 0.07 in 2024. At this time, Alexanders' Non Currrent Assets Other are fairly stable compared to the past year. Other Assets is likely to rise to about 82 M in 2024, whereas Total Assets are likely to drop slightly above 1.2 B in 2024.
The company has 1.11 B in debt with debt to equity (D/E) ratio of 4.43, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Alexanders has a current ratio of 7.4, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Alexanders until it has trouble settling it off, either with new capital or with free cash flow. So, Alexanders' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alexanders sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alexanders to invest in growth at high rates of return. When we think about Alexanders' use of debt, we should always consider it together with cash and equity.

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Alexanders, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan area. Alexanders operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 70 people. Alexanders (ALX) is traded on New York Stock Exchange in USA. It is located in 210 Route 4 East, Paramus, NJ, United States, 07652-5108 and employs 92 people. Alexanders is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Alexanders Leadership Team

Elected by the shareholders, the Alexanders' board of directors comprises two types of representatives: Alexanders inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alexanders. The board's role is to monitor Alexanders' management team and ensure that shareholders' interests are well served. Alexanders' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alexanders' outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph Macnow, Chief Financial Officer, Executive Vice President, Treasurer
Thomas DiBenedetto, Independent Director
Neil Underberg, Independent Director
Joseph CPA, Treasurer
Richard West, Independent Director
Steven Borenstein, Secretary
David Mandelbaum, Independent Director
Matthew Iocco, Chief Financial Officer
Stephen Theriot, Assistant Treasurer
Arthur Sonnenblick, Independent Director
Steven Roth, Chairman, CEO and Chairman of Executive Committee
Wendy Silverstein, Independent Director
Russell Wight, Independent Director
Gary Hansen, Chief Financial Officer
Mandakini Puri, Independent Director

Alexanders Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Alexanders a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Alexanders

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alexanders position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alexanders will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Alexanders could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alexanders when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alexanders - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alexanders to buy it.
The correlation of Alexanders is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alexanders moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alexanders moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alexanders can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Alexanders offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alexanders' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alexanders Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alexanders Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alexanders. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Alexanders Stock please use our How to Invest in Alexanders guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Alexanders' price analysis, check to measure Alexanders' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alexanders is operating at the current time. Most of Alexanders' value examination focuses on studying past and present price action to predict the probability of Alexanders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alexanders' price. Additionally, you may evaluate how the addition of Alexanders to your portfolios can decrease your overall portfolio volatility.
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Is Alexanders' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alexanders. If investors know Alexanders will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alexanders listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.235
Dividend Share
18
Earnings Share
19.96
Revenue Per Share
43.858
Quarterly Revenue Growth
0.186
The market value of Alexanders is measured differently than its book value, which is the value of Alexanders that is recorded on the company's balance sheet. Investors also form their own opinion of Alexanders' value that differs from its market value or its book value, called intrinsic value, which is Alexanders' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alexanders' market value can be influenced by many factors that don't directly affect Alexanders' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alexanders' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alexanders is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alexanders' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.