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Alexander's, Inc is a reit—retail business based in the US. Alexanders shares (ALX) are listed on the NYSE and all prices are listed in US Dollars. Alexanders employs 69 staff and has a trailing 12-month revenue of around USD$213.2 million.
Since the stock market crash in March caused by coronavirus, Alexanders's share price has had significant negative movement.
Its last market close was USD$294.65, which is 6.19% down on its pre-crash value of USD$314.1 and 28.85% up on the lowest point reached during the March crash when the shares fell as low as USD$228.68.
If you had bought USD$1,000 worth of Alexanders shares at the start of February 2020, those shares would have been worth USD$756.44 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$919.31.
|Latest market close||USD$294.65|
|52-week range||USD$223.025 - USD$356.2|
|50-day moving average||USD$252.9712|
|200-day moving average||USD$259.707|
|Wall St. target price||USD$280|
|Dividend yield||USD$18 (7.38%)|
|Earnings per share (TTM)||USD$9.34|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-19)||1.90%|
|1 month (2020-10-26)||19.23%|
|3 months (2020-08-26)||14.93%|
|6 months (2020-05-26)||13.51%|
|1 year (2019-11-26)||-10.35%|
|2 years (2018-11-26)||-4.26%|
|3 years (2017-11-24)||-30.18%|
|5 years (2015-11-25)||-25.59%|
Valuing Alexanders stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alexanders's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Alexanders's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, Alexanders shares trade at around 26x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Alexanders's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$119.3 million.
The EBITDA is a measure of a Alexanders's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$213.2 million|
|Operating margin TTM||41.31%|
|Gross profit TTM||USD$136.6 million|
|Return on assets TTM||4.14%|
|Return on equity TTM||19.38%|
|Market capitalisation||USD$1.2 billion|
TTM: trailing 12 months
There are currently 78,762 Alexanders shares held short by investors – that's known as Alexanders's "short interest". This figure is 68.3% up from 46,795 last month.
There are a few different ways that this level of interest in shorting Alexanders shares can be evaluated.
Alexanders's "short interest ratio" (SIR) is the quantity of Alexanders shares currently shorted divided by the average quantity of Alexanders shares traded daily (recently around 13018.512396694). Alexanders's SIR currently stands at 6.05. In other words for every 100,000 Alexanders shares traded daily on the market, roughly 6050 shares are currently held short.
However Alexanders's short interest can also be evaluated against the total number of Alexanders shares, or, against the total number of tradable Alexanders shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Alexanders's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Alexanders shares in existence, roughly 20 shares are currently held short) or 0.0373% of the tradable shares (for every 100,000 tradable Alexanders shares, roughly 37 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Alexanders.
Find out more about how you can short Alexanders stock.
Dividend payout ratio: 192.68% of net profits
Recently Alexanders has paid out, on average, around 192.68% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.38% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Alexanders shareholders could enjoy a 7.38% return on their shares, in the form of dividend payments. In Alexanders's case, that would currently equate to about $18 per share.
Alexanders's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Alexanders's most recent dividend payout was on 21 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 7 August 2020 (the "ex-dividend date").
Alexanders's shares were split on 28 December 1970.
Over the last 12 months, Alexanders's shares have ranged in value from as little as $223.025 up to $356.2. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Alexanders's is 0.54. This would suggest that Alexanders's shares are less volatile than average (for this exchange).
Alexander's, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan area.
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