Alexanders Stock Today
| ALX Stock | USD 205.46 2.47 1.19% |
Performance0 of 100
| Odds Of DistressLess than 1
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Alexanders is trading at 205.46 as of the 19th of April 2024; that is -1.19 percent decrease since the beginning of the trading day. The stock's open price was 207.93. Alexanders has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Alexanders are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | IPO Date 19th of July 1984 | Category Real Estate |
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. The company has 5.11 M outstanding shares of which 106.74 K shares are presently shorted by investors with about 13.89 days to cover. More on Alexanders
Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 6th of May 2024
Alexanders Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Alexanders' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alexanders or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Steven Roth | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Alexanderwerk AG, Alexanderwerk AG, Alexanderwerk AG] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SPASX 100, SPASX 300, Real Estate, Diversified REITs, REIT—Retail, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Alexanders report their recommendations after researching Alexanders' financial statements, talking to executives and customers, or listening in on Alexanders' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alexanders. The Alexanders consensus assessment is calculated by taking the average forecast from all of the analysts covering Alexanders. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Alexanders' liquidity, profitability, solvency, and operating efficiency, Alexanders is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Alexanders is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Alexanders' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Alexanders' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alexanders' financial leverage. It provides some insight into what part of Alexanders' total assets is financed by creditors.
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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. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alexanders's market, we take the total number of its shares issued and multiply it by Alexanders's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Alexanders runs under Diversified REITs sector within Real Estate industry. The entity has 5.11 M outstanding shares of which 106.74 K shares are presently shorted by investors with about 13.89 days to cover.
Alexanders has about 194.93 M in cash with 109.11 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 65.07.
Check Alexanders Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Alexanders is $1.05 Billion. Alexanders retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Alexanders Ownership Details
Alexanders Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Alexanders jumping above the current price in 90 days from now is about 99.0%. The Alexanders probability density function shows the probability of Alexanders stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3914. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Alexanders will likely underperform. Additionally, alexanders has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Alexanders to move above the current price in 90 days from now is about 99.0 (This Alexanders probability density function shows the probability of Alexanders Stock to fall within a particular range of prices over 90 days) .
Alexanders Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Alexanders that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alexanders' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alexanders' value.| Instituion | Recorded On | Shares | |
| Bank Of New York Mellon Corp | 2023-12-31 | 31.2 K | |
| Taconic Capital Advisors L.p. | 2023-12-31 | 28 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 21.9 K | |
| Northern Trust Corp | 2023-12-31 | 21.5 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 16.4 K | |
| Norges Bank | 2023-12-31 | 13.8 K | |
| Denali Advisors Llc | 2023-12-31 | 10.8 K | |
| Los Angeles Capital Management Llc | 2023-12-31 | 10 K | |
| Aqr Capital Management Llc | 2023-12-31 | 9.5 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 702.2 K | |
| Vanguard Group Inc | 2023-12-31 | 334.4 K |
Alexanders Historical Income Statement
Alexanders Income Statement is one of the three primary financial statements used for reporting Alexanders's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alexanders revenue and expense. Alexanders Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Alexanders' Income Tax Expense is fairly stable compared to the past year. Gross Profit is likely to rise to about 95.2 M in 2024, whereas Interest Expense is likely to drop slightly above 34.7 M in 2024. View More FundamentalsAlexanders Stock Against Markets
Picking the right benchmark for Alexanders stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alexanders stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alexanders is critical whether you are bullish or bearish towards Alexanders at a given time. Please also check how Alexanders' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Alexanders without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Alexanders Corporate Directors
Alexanders corporate directors refer to members of an Alexanders board of directors. The board of directors generally takes responsibility for the Alexanders' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alexanders' board members must vote for the resolution. The Alexanders board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Thomas DiBenedetto | Independent Director | Profile | |
| Neil Underberg | Independent Director | Profile | |
| Richard West | Independent Director | Profile | |
| David Mandelbaum | Independent Director | Profile |
How to buy Alexanders Stock?
Before investing in Alexanders, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Alexanders. To buy Alexanders stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alexanders. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Alexanders stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Alexanders stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Alexanders stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Alexanders, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Alexanders Stock please use our How to Invest in Alexanders guide.
Already Invested in Alexanders?
The danger of trading Alexanders is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alexanders is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alexanders. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alexanders is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Alexanders Stock analysis
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.