Last $352.40 USD
Change Today +2.40 / 0.69%
Volume 8.6K
As of 8:04 PM 04/15/14 All times are local (Market data is delayed by at least 15 minutes).

alexander's inc (ALX) Snapshot

Open
$354.00
Previous Close
$350.00
Day High
$354.50
Day Low
$351.12
52 Week High
03/4/14 - $392.54
52 Week Low
09/6/13 - $266.44
Market Cap
1.8B
Average Volume 10 Days
10.1K
EPS TTM
$10.70
Shares Outstanding
5.1M
EX-Date
01/23/14
P/E TM
32.9x
Dividend
$13.00
Dividend Yield
3.26%
Current Stock Chart for ALEXANDER'S INC (ALX)

alexander's inc (ALX) Related Businessweek News

No Related Businessweek News Found

alexander's inc (ALX) Details

Alexander’s, Inc., a real estate investment trust (REIT), engages in leasing, managing, developing, and redeveloping properties in the greater New York City metropolitan area. The company’s properties include office and retail spaces, and shopping centers. It owns seven properties comprising operating properties and a property to be developed. The company has elected to be treated as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. Alexander’s, Inc. was founded in 1955 and is based in Paramus, New Jersey.

72 Employees
Last Reported Date: 02/24/14
Founded in 1955

alexander's inc (ALX) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: --
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: --
Compensation as of Fiscal Year 2012.

alexander's inc (ALX) Key Developments

Alexander's Inc. Completes $300 Million Refinance

ALEXANDER'S, INC. announced that it has completed a $300 million refinancing of the office portion of 731 Lexington Avenue. The interest-only loan is at LIBOR plus 0.95%, currently 1.10%, and matures in March 2017, with four one-year extension options. The proceeds of the new loan were used to repay the existing $312 million 5.33% fixed-rate loan and closing costs.

Alexander's Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013

Alexander's Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company has posted net income attributable to common stockholders of $15.8 million, or $3.09 per diluted share, compared to $617.1 million, or $120.82 per diluted share for the quarter ended December 31, 2012. Funds from operations attributable to common stockholders were $23.0 million, or $4.50 per diluted share, compared to $24.7 million, or $4.84 per diluted share for the prior year's quarter. Revenues were $50.49 million against $48.491 million a year ago. Income from continuing operations was $13.53 million or $2.65 basic and diluted per share against $12.03 million or $2.36 basic and diluted per share a year ago. For the year, net income attributable to common stockholders for the year ended December 31, 2013 was $56.9 million, or $11.14 per diluted share, compared to $674.3 million, or $132.04 per diluted share for the year ended December 31, 2012. FFO for the year ended December 31, 2013 was $85.7 million, or $16.78 per diluted share, compared to $107.6 million, or $21.07 per diluted share for the prior year. Revenues were $196.45 million against $191.31 million a year ago. Income from continuing operations was $54.66 million or $10.70 basic and diluted per share against $50.04 million or $9.80 basic and diluted per share a year ago.

Alexander's Inc., Q4 2013 Earnings Call, Feb 25, 2014

Alexander's Inc., Q4 2013 Earnings Call, Feb 25, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ALX:US $352.40 USD +2.40

ALX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for ALX.
View Industry Companies
 

Industry Analysis

ALX

Industry Average

Valuation ALX Industry Range
Price/Earnings 32.7x
Price/Sales -- Not Meaningful
Price/Book 5.4x
Price/Cash Flow 20.8x
TEV/Sales 2.0x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ALEXANDER'S INC, please visit www.alx-inc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.