ALX
Real EstateAlexander's, Inc. · REIT - Retail · $1B
What is Alexander's, Inc.?
Alexander's, Inc. is a real estate investment trust concentrated entirely in the greater New York City metropolitan area. The company owns and manages a small, focused portfolio of seven properties across one of the world's most competitive real estate markets.
Alexander's operates as a REIT, generating revenue primarily through leasing its New York City-area properties to commercial tenants. Rather than pursuing broad geographic diversification, the company maintains a deliberately compact portfolio. Its business model depends heavily on the strength of a small number of long-term tenant relationships and the enduring demand for prime New York City real estate. Income is distributed to shareholders in the form of regular dividends, as required under REIT tax rules.
Alexander's was established in 1973 and is headquartered in Paramus, New Jersey.
- Commercial real estate leasing in the NYC metro area
- Property management across seven owned assets
- Long-term tenant lease arrangements
- REIT-structured income distribution to shareholders
Is ALX a Good Stock to Buy?
UQS Score rates ALX as Below Average overall, reflecting meaningful weaknesses across several key investment dimensions.
Among the brighter spots in ALX's profile are its Quality and Valuation pillars, both rated Good. The Quality rating suggests the company maintains a reasonable operational foundation relative to its size, while the Valuation label indicates the stock does not appear significantly overpriced given its fundamentals.
The Moat, Growth, and Risk pillars are all rated Weak — a combination that raises questions about the company's competitive durability, its ability to expand earnings over time, and the stability of its financial position.
Pro members can view the full pillar breakdown and underlying financial metrics to assess whether ALX fits their portfolio criteria. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does ALX pay dividends?
Yes — Alexander's, Inc. pays a dividend.
Alexander's pays a regular dividend, consistent with its structure as a REIT — which is legally required to distribute the majority of taxable income to shareholders. For income-focused investors, this cadence can be appealing, though the sustainability of any dividend ultimately depends on the health of the underlying tenant base and property cash flows.
When does ALX report earnings?
Alexander's, Inc. reports earnings on a quarterly cadence, typical for US-listed REITs and equities generally.
Given the company's concentrated portfolio and reliance on a small number of tenants, quarterly results can be sensitive to lease renewals and occupancy changes. Investors should monitor management commentary around tenant activity and any capital allocation decisions.
For the most recent quarter's results and upcoming reporting dates, visit Alexander's investor relations page directly.
ALX Price History
+35.6% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Alexander's, Inc.?
Based on Alexander's, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
ALX Long-term Outlook
ALX's Growth and Risk pillars are both rated Weak, which points to a limited near-term expansion outlook combined with above-average uncertainty. The company's highly concentrated portfolio — seven properties in a single metro area — leaves little room to offset localized headwinds. The Good Valuation label provides some cushion, but fundamental momentum appears constrained by the company's size and narrow asset base.
Growth drivers
- Sustained demand for well-located New York City commercial space
- Potential lease renewals or rent escalations on existing properties
- Disciplined cost management within a compact portfolio
Key risks
- Heavy tenant concentration risk across a small number of properties
- Limited geographic diversification amplifies local market downturns
- Weak Moat rating suggests limited pricing power relative to larger peers
ALX vs Peers
Alexander's operates in a competitive REIT landscape alongside companies with varying geographic footprints and property-type focuses.
CBL focuses on mall and retail-anchored properties across a broader national footprint, contrasting with ALX's tight NYC commercial concentration.
Slate Grocery REIT targets necessity-based grocery-anchored retail, offering a different tenant risk profile compared to Alexander's office-heavy NYC assets.
Whitestone focuses on community-centered retail properties in Sun Belt markets, providing geographic and tenant diversification that ALX does not offer.
Frequently Asked Questions
What does Alexander's, Inc. do?
Alexander's, Inc. is a real estate investment trust that owns and leases seven commercial properties in the greater New York City metropolitan area. The company generates income primarily through long-term tenant leases and distributes that income to shareholders as dividends, as required under REIT regulations.
Does ALX pay dividends?
Yes, Alexander's pays a regular dividend. As a REIT, the company is required to distribute the majority of its taxable income to shareholders. Income investors should review the current dividend level and payout history on the company's investor relations page, as distributions can vary with property cash flows.
When does ALX report earnings?
Alexander's reports earnings on a quarterly basis, in line with standard US-listed company practice. For exact reporting dates and the most recent financial results, check Alexander's investor relations page or a financial data provider directly.
Is ALX a good stock to buy?
UQS Score rates ALX as Below Average overall. While the Quality and Valuation pillars show relative strength, the Moat, Growth, and Risk pillars are all rated Weak. Whether ALX suits a given investor depends on individual risk tolerance and portfolio goals. The full pillar breakdown is available to Pro members.
Is ALX overvalued?
The UQS Valuation pillar for ALX is rated Good, suggesting the stock does not appear significantly overpriced relative to its fundamentals. However, valuation alone does not determine investment suitability — the Weak Growth and Risk ratings are important context for any valuation assessment.
How does ALX compare to its competitors?
Compared to peers like CBL, Slate Grocery REIT, and Whitestone REIT, Alexander's stands out for its extreme geographic concentration in New York City and its very small property count. Larger or more diversified REITs may offer different risk-return profiles. The UQS platform provides side-by-side scoring for direct comparison.
What is ALX's market cap bracket?
Alexander's, Inc. is classified as a small-cap company. This places it among the smaller publicly traded REITs, which typically means lower trading liquidity and potentially higher volatility compared to large-cap or mega-cap real estate peers.
Who founded Alexander's, Inc.?
Alexander's, Inc. was established in 1973. Detailed founding history, including key individuals involved in the company's formation, is publicly available through the company's official filings and historical records.
Is ALX a long-term quality investment?
As a long-term quality indicator, ALX's UQS profile raises caution. The Weak ratings across Moat, Growth, and Risk suggest the company faces structural challenges in sustaining competitive advantages and expanding over time. The Good Quality pillar offers some reassurance, but the overall Below Average score warrants careful consideration for long-term holders.
What is the main competitive advantage of Alexander's, Inc.?
Alexander's primary advantage lies in its ownership of well-located properties in the New York City metro area, one of the most supply-constrained real estate markets globally. However, the UQS Moat pillar is rated Weak, indicating that this geographic positioning may not translate into durable pricing power or tenant retention advantages relative to peers.
What sector does ALX belong to?
Alexander's, Inc. belongs to the Real Estate sector and operates specifically as a REIT. REITs are regulated investment vehicles that must distribute most of their taxable income as dividends, making them a distinct asset class within the broader equity market.
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Pro Analysis
ALX — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 47.6 | 65.2 | 39.0 | 25.5 | 36.7 | 73.0 | +0.2 |
| May 22, 2026 | 47.4 | 64.9 | 39.0 | 25.5 | 36.7 | 72.4 | -0.4 |
| May 21, 2026 | 47.8 | 65.8 | 39.0 | 25.5 | 36.7 | 73.2 | -0.1 |
| May 20, 2026 | 47.9 | 65.8 | 39.0 | 25.5 | 36.7 | 74.2 | -0.2 |
| May 19, 2026 | 48.1 | 66.3 | 39.0 | 25.5 | 36.7 | 74.5 | -0.1 |
| May 16, 2026 | 48.2 | 66.3 | 39.0 | 25.5 | 36.7 | 75.2 | 0.0 |
| May 15, 2026 | 48.2 | 66.5 | 39.0 | 25.5 | 36.7 | 75.0 | -0.1 |
| May 14, 2026 | 48.3 | 66.5 | 39.0 | 25.5 | 36.7 | 75.4 | +0.3 |
| May 13, 2026 | 48.0 | 65.8 | 39.0 | 25.5 | 36.7 | 74.7 | 0.0 |
| May 12, 2026 | 48.0 | 65.8 | 39.0 | 25.5 | 36.7 | 74.3 | +0.4 |
ALX — Pillar Breakdown
Quality
— 65.2/100 (25%)Alexander's, Inc. shows solid profitability with healthy returns on capital and reasonable margins.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 25.5/100 (20%)Alexander's, Inc. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 36.7/100 (15%)Alexander's, Inc. has some risk factors including moderate leverage or solvency concerns.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 71.6/100 (15%)Alexander's, Inc. trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 39/100 (25%)Alexander's, Inc. possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for ALX.
Score Composition
Financial Data
More Stock Analysis
How is the ALX UQS Score Calculated?
The UQS (Unified Quality Score) for Alexander's, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Alexander's, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Alexander's, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.