Alexander’s, Inc. (NYSE:ALX – Get Rating) declared a quarterly dividend on Wednesday, January 18th, Zacks reports. Shareholders of record on Monday, January 30th will be paid a dividend of 4.50 per share by the real estate investment trust on Friday, February 10th. This represents a $18.00 annualized dividend and a yield of 7.66%. The ex-dividend date of this dividend is Friday, January 27th.
Alexander’s Stock Up 0.6 %
Shares of NYSE:ALX opened at $234.98 on Wednesday. The firm’s 50 day moving average price is $231.23 and its 200 day moving average price is $231.71. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 9.85 and a beta of 0.70. Alexander’s has a fifty-two week low of $200.96 and a fifty-two week high of $268.53. The company has a quick ratio of 10.79, a current ratio of 10.79 and a debt-to-equity ratio of 4.39.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Piper Sandler lifted their price objective on shares of Alexander’s to $160.00 in a research report on Friday, November 4th. StockNews.com started coverage on shares of Alexander’s in a research note on Wednesday, October 12th. They issued a “hold” rating for the company.
Hedge Funds Weigh In On Alexander’s
Alexander’s Company Profile
Alexander's, Inc is a real estate investment trust which has seven properties in the greater New York City metropolitan area.
- Get a free copy of the StockNews.com research report on Alexander’s (ALX)
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