Alexander’s, Inc. (NYSE:ALX – Get Free Report) announced a quarterly dividend on Wednesday, July 31st, Wall Street Journal reports. Stockholders of record on Monday, August 12th will be given a dividend of 4.50 per share by the real estate investment trust on Friday, August 30th. This represents a $18.00 annualized dividend and a dividend yield of 7.66%. The ex-dividend date is Monday, August 12th.
Alexander’s Trading Down 3.0 %
Alexander’s stock opened at $235.09 on Friday. The stock has a market cap of $1.23 billion, a P/E ratio of 11.24 and a beta of 0.81. The company has a debt-to-equity ratio of 4.75, a current ratio of 14.35 and a quick ratio of 14.35. Alexander’s has a 1 year low of $162.50 and a 1 year high of $244.89. The firm’s 50 day moving average price is $222.12 and its 200-day moving average price is $219.13.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on ALX shares. StockNews.com upgraded shares of Alexander’s from a “hold” rating to a “buy” rating in a research report on Tuesday. Piper Sandler reduced their price target on shares of Alexander’s from $145.00 to $135.00 and set an “underweight” rating on the stock in a research report on Monday, July 22nd.
Alexander’s Company Profile
Alexander's, Inc is a real estate investment trust which has five properties in New York City.
Featured Stories
- Five stocks we like better than Alexander’s
- Why Are Stock Sectors Important to Successful Investing?
- Defense Stocks Soar to New Highs; Higher Highs Are Coming
- What is a Special Dividend?
- Generac Raises Guidance: Why Is the Stock Still a Hold?
- Energy and Oil Stocks Explained
- Iconic Burger Chain’s Stock Rallies, Defying Market Trends
Receive News & Ratings for Alexander's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexander's and related companies with MarketBeat.com's FREE daily email newsletter.
