ALEXANDERS REIT INC (ALX)
Real Estate · office REITs · NYSE
A niche New York City-focused REIT that leverages a strategic management partnership with Vornado Realty Trust to operate its commercial property portfolio.
What ALEXANDERS REIT INC does
Alexander's, Inc. is a real estate investment trust (REIT) that focuses on the leasing, management, and development of properties, primarily in the greater New York City metropolitan area. The company's business model relies on owning high-quality commercial assets and maintaining a long-standing management and leasing partnership with Vornado Realty Trust.
Themes: NYC real estate, commercial real estate investment, office and retail property management
Fundamentals
- Price$265.03 as of 2026-08-21 close
- Market cap$1.4B as of 2026-08-21
- 1-year return+19.3% 2025-08-21 close $222.24 → 2026-08-21 close $265.03
- P/E8.26 as of 2026-08-24
- Net margin+79.1% as of 2026-08-24
- Gross margin+47.4% as of 2026-08-24
- ROE+123.1% as of 2026-08-24
- Debt / equity3.73 as of 2026-08-24
- Revenue growth (YoY)-1.5% as of 2026-08-24
- Revenue CAGR (3y)+1.2% SEC XBRL
- Beta0.75 as of 2026-08-24
- Last reported earningsn/a no earnings announcement (Form 8-K, Item 2.02) has been filed in our data yet
Dividend: yield +9.7%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How ALX compares in its sector
- price-to-earnings ratiobottom 10% 127 covered Real Estate peers, as of 2026-08-24
- net profit margintop 10% 161 covered Real Estate peers, as of 2026-08-24
- operating marginmiddle range 161 covered Real Estate peers, as of 2026-08-24
- gross marginbottom 25% 156 covered Real Estate peers, as of 2026-08-24
- return on equitytop 10% 162 covered Real Estate peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 155 covered Real Estate peers
- indicated dividend yieldtop 10% 138 covered Real Estate peers, as of 2026-08-24
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, ALX's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 327%, operating-cash-flow payout 126%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout327% dividends / net income
- Operating-cash-flow payout126% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How ALEXANDERS REIT INC looks technically
ALEXANDERS REIT INC (ALX) is trading 9.0% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 128 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 45, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 16 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 9.0% above its 200-day average, the long-term trend line — a longer-term uptrend | +9.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $270.90 | $270.90 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $243.23 | $243.23 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing high 15 calendar days ago — the swings before that are what the structure reading is measured on | 15 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes above 280.27. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible downward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 128 trading days ago — a "golden cross", a bullish long-term signal | 128 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend) | 15.3 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 45, neither overbought (above 70) nor oversold (below 30) | 44.6 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($259.98 to $280.27) — its "stochastic" reading is 25 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 24.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 23 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $289.43 | $289.43 |
|---|---|---|
| From the 52-week high | it is 8.4% below its 52-week high (its highest price of the past year) | -8.4% |
| Above the 52-week low | it is 31.7% above its 52-week low (its lowest price of the past year) | +31.7% |
| Below the 52-week high | it is 8.4% below its highest point of the past year | 8.4% |
| Since a 20-day breakout | it made a new 20-day low about 16 trading days ago | 16 sessions |
| Since a 55-day breakout | it made a new 55-day high about 24 trading days ago | 24 sessions |
| All-time high | its highest closing price on record is $486.25 (set on 2015-01-23) | $486.25 |
| Given back of the 52-week move | over the past year its closes ranged ($205.15 to $286.10), and it has given back roughly a quarter of its rise from last year’s low — 26% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $233.48 to $236.07. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 26.0% |
| From the all-time high | it is 45.5% below its all-time high | -45.5% |
| Nearest price level | it is trading 1.3% below a resistance level at $268.48 — a price it turned at twice since 2026-06-11, most recently on 2026-07-08. Since 2024-08-21 it has 9 such levels below the current price and 2 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +1.3% |
| All-time low | its lowest closing price on record is $125.88 (set on 2009-02-23) | $125.88 |
| Above the all-time low | it is 110.5% above its all-time low | +110.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 82% of it) | 18th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $6.79 between its high and its low — about 2.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $6.79 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $258.95 and $279.73 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $258.95 – $269.34 – $279.73 |
| Typical daily range (% of price) | its price moves about 2.6% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.6% |
| Stretch from the 200-day average | it is trading 3.2 daily ranges above its 200-day average price (9.0% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.2 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.92× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a hammer | 4 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 4 sessions ago |
|---|---|---|
| Since a bearish engulfing | today it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | today |
Price gaps
2
| Gap at the open | it opened on 2026-08-21 0.6% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.6% |
|---|---|---|
| Gap filled | a 2.2% gap down opened on 2026-07-31 has been "filled" 13 sessions ago — price traded back through the level the gap left behind, and it took 2 sessions to close | 13 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -3.06% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 9.7 percentage points (the stock lost 7.4% while the market gained 2.3%) | -9.7% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 2.9 percentage points (the stock gained 6.0% while the market gained 3.1%) | +2.9% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 1.4 percentage points (the stock gained 9.6% while the market gained 11.1%) | -1.4% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 1.2 percentage points (the stock gained 19.3% while the market gained 20.5%) | -1.2% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: MACD momentum is negative, lagging the market over 6 months — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is moderate, spanning 6.3% of the share price. | 0.0% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 8% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $244.70 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | +8.3% |
|---|
Price levels it has turned at before
ALX last closed at $265.03 on 2026-08-21. Since 2024-08-21 it has turned at 9 prices below its last close and 2 above; the 3 nearest below and the 2 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $268.48 | Resistance | 1.3% above the last close | turned there twice · 2026-06-11 to 2026-07-08 |
| $259.42 | Support | 2.1% below the last close | turned there three times · 2025-07-24 to 2026-05-07 |
| $250.79 | Support | 5.4% below the last close | turned there 11 times · 2024-09-18 to 2026-07-31 |
| $280.91 | Resistance | 6.0% above the last close | turned there twice · 2026-06-29 to 2026-08-06 |
| $243.69 | Support | 8.1% below the last close | turned there three times · 2024-11-07 to 2026-06-03 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes above $280.27.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $220.58 and $243.38 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close above $280.27.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · trendless / choppy (low ADX) · Printed a bearish engulfing pair · Trading inside the Ichimoku cloud · Near a resistance level (pressing into a price that has capped it before) · Elliott wave 3 candidates | Learn: moving average · golden cross · adx · rsi · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$212.00 range $212.00 – $212.00
Analyst estimates, as of 2026-08-24. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Key risks (from latest filing)
["Significant concentration of properties in the New York City market makes the company highly vulnerable to local economic downturns.","Heavy dependence on Vornado Realty Trust for management and leasing services creates potential conflicts of interest and operational risk.","High exposure to interest rate fluctuations due to significant debt obligations."]
What changed in the latest 10-Q
AI-assisted comparison of ALX's 10-Q filed 2026-05-04 against the prior one filed 2025-11-03.
Management's Discussion & Analysis (MD&A)
- Added:
- Added in 2026-05-04 filing: 'We also note the following forward-looking statements: estimates of future rents, estimates of future capital expenditures, estimates of dividends on shares of our common stock, the timing of closing the sale of our Rego Park I property and the estimates of financial impact from such sale.'
- Notes:
- Both filings appear truncated at the end (text cuts off mid-sentence after 'see "'), limiting full comparison of the complete MD&A section
Risk Factors
- Added:
- Newer filing (2026-05-04) includes 'Property held for sale' line item on balance sheet at $54,654 thousand (March 31, 2026)
- Newer filing (2026-05-04) includes 'PIK interest expense' of $1,905 thousand in cash flow statement adjustments for Q1 2026
- Newer filing (2026-05-04) includes 'Payments related to property held for sale' of $19,316 thousand in investing activities for Q1 2026
- Newer filing (2026-05-04) includes 'Reclassification of property held for sale' of $54,654 thousand in non-cash transactions
- Newer filing (2026-05-04) includes 'Write-off of fully depreciated assets' of $81 thousand in non-cash transactions
- Removed:
- Older filing (2025-11-03) reported 'Development and construction in progress' of $4,869 thousand (September 30, 2025); newer filing shows $0 (March 31, 2026)
- Older filing (2025-11-03) reports 'Amortization of deferred lease incentives' of $1,724 thousand for Q1; this line item does not appear separately in newer cash flow statement
- Older filing (2025-11-03) reports 'Interest rate cap premium amortization' of $470 thousand for nine months; newer filing shows $0 for Q1 2026
- Reworded:
- Older filing (2025-11-03) labels line as 'Lease incentive liabilities' (plural); newer filing (2026-05-04) labels as 'Lease incentive liability' (singular)
- Cash flow statement structure differs: older filing presents nine-month periods for 2025 and 2024; newer filing presents three-month period for Q1 2026 vs Q1 2025
- Notes:
- The two filings cover different periods (Q1 ending March 31, 2026 vs. nine months ending September 30, 2025), which affects year-over-year comparability
- Financial statement line items and amounts reflect different reporting periods and are not directly comparable for trend analysis
- The older filing includes nine-month cumulative data while newer filing shows quarterly data only
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 1 open-market sale by insiders in the last 90 days.
- Last 90 days0 buys · 1 sell ($112941) — 1 selling insider
- Last 180 days0 buys · 1 sell ($112941) — 1 selling insider
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-09. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about ALX's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
ALX had 285,850 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
ALX had 5.60% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 10.37 days to cover at the same settlement.
- Reported short interest (shares) 285,850
- Short interest (% of shares outstanding) 5.60%
- Prior settlement (shares) 347,702
- Reported change -17.79%
- Days to cover (reported) 10.37
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Vornado Realty Trust (VNO)
- SL Green Realty (SLG)
- Empire State Realty Trust (ESRT)
- Boston Properties (BXP)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare ALX vs…
Frequently asked questions
What does ALEXANDERS REIT INC (ALX) do?
Alexander's, Inc. is a real estate investment trust (REIT) that focuses on the leasing, management, and development of properties, primarily in the greater New York City metropolitan area. The company's business model relies on owning high-quality commercial assets and maintaining a long-standing management and leasing partnership with Vornado Realty Trust.
What sector is ALEXANDERS REIT INC (ALX) in?
ALEXANDERS REIT INC (ALX) is classified in the Real Estate sector. Its industry is office REITs. It trades on NYSE.
Does ALX pay a dividend?
Yes — ALEXANDERS REIT INC (ALX) pays a dividend, with an indicated yield of about 9.67% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are ALEXANDERS REIT INC's (ALX) competitors?
Notable peers of ALEXANDERS REIT INC (ALX) include Vornado Realty Trust, SL Green Realty, Empire State Realty Trust and Boston Properties. This peer set is informational only — not financial advice.
Is ALEXANDERS REIT INC (ALX) overbought or oversold right now?
ALEXANDERS REIT INC (ALX) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 45, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ALX come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.