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

Alexander’s (NYSE:ALX) is expected to be announcing its Q1 2025 earnings results before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of $3.57 per share and revenue of $56.00 million for the quarter.

Alexander’s (NYSE:ALX) last released its earnings results on Monday, February 10th. The real estate investment trust reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.71 by $0.35. Alexander’s had a return on equity of 21.45% and a net margin of 19.19%. On average, analysts expect Alexander’s to post $12 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Alexander’s Stock Up 2.4 %

ALX opened at $213.75 on Friday. Alexander’s has a 12 month low of $184.76 and a 12 month high of $251.63. The business has a 50-day moving average of $208.11 and a two-hundred day moving average of $208.52. The company has a debt-to-equity ratio of 5.59, a current ratio of 13.18 and a quick ratio of 13.18. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 25.27 and a beta of 0.78.

Alexander’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Monday, May 12th will be issued a $4.50 dividend. The ex-dividend date is Monday, May 12th. This represents a $18.00 dividend on an annualized basis and a yield of 8.42%. Alexander’s’s payout ratio is 212.77%.

About Alexander’s

Alexander’s, Inc (NYSE: ALX) is a real estate investment trust (REIT), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. All references to we, us, our, Company and Alexander’s refer to Alexander’s, Inc and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust (Vornado) (NYSE: VNO).