# Alexander's Inc. (ALX) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $262.42, market value $1.3 billion.

## Valuation
- **P/E (trailing): 7.9×** (5-yr avg 17.9×, 3-yr avg 22.6×). Alexander's Inc. trades at 7.9× trailing earnings, well below its own five-year average of 17.9×: cheap by its own standards. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 20.2×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 6.2×**. Each dollar of revenue is priced at 6.2×.
- **Price / book: 6.0×**. The shares trade at 6.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Earnings yield: 12.6%**. The inverse of the P/E: 12.6% of the price is earned each year.

## Profitability
- **Net margin: 13.2%**. 13.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 25.9%**. 25.9% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 15.3%**. Each dollar of assets produces 15.3% of profit.

## Growth
- **Revenue growth (1 yr): -5.8%** (3-yr 1.2%/yr, 5-yr 1.4%/yr). Revenue fell 5.8% over the last year, against 1.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -35.0%** (3-yr -21.2%/yr, 5-yr -7.7%/yr). Earnings per share fell 35.0%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 6.86%** ($18.00 per share, trailing). Alexander's Inc. yields 6.86%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 327%**. The dividend exceeds earnings (327% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 12**. 12 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 20.8%** (YTD 25.1%, 3-mo 1.5%). The shares are up 20.8% over twelve months including dividends.
- **From 52-week high: -9.3%** (30.4% above the low). Trading 9% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 0.37** (volatility 28%). Beta of 0.37 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ALX · Page: https://foliofundamentals.com/stocks/alx

Not investment advice.
