ALEXANDERS INC 2Q 2026: Revenue $54.7M, EPS $30.24— 10-Q Summary
ALEXANDERS INC (ALX) reported strong second-quarter 2026 results, with revenue of $54.7 million and diluted EPS of $30.24, significantly up from the prior year. This increase was primarily driven by a $148.0 million gain from the sale of its Rego Park I property. The company also highlighted stable occupancy rates across its New York City properties and strategic leasing activities, including an extension of Bloomberg's lease and a new 15-year lease with Target.
Alexander’s Q2 Income Includes $148M Rego Park I Sale Gain
Alexander's (NYSE: ALX) reported a significant increase in Q2 2026 net income to $155.4 million, primarily driven by a $148.0 million gain from the sale of its Rego Park I property. While this sale boosted net income, the company's Funds From Operations (FFO) showed a more modest increase for the quarter but a decline for the six-month period compared to the previous year, highlighting the non-operating nature of the large gain. Alexander's also filed its Form 10-Q for the quarter, providing further financial details for the REIT, which operates four properties in New York City.
Alexander's, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026
Alexander's, Inc. announced its earnings results for the second quarter and six months ended June 30, 2026. For the second quarter, the company reported significant increases in sales, net income, and basic/diluted earnings per share compared to the previous year. The six-month results also showed improvements in sales and net income.
Alexander's Inc (ALX) Shares Fall 4.1% -- GF Value Says Still Overvalued
Alexander's Inc (ALX) shares dropped 4.1% to $255.00, placing it 24.5% above its GF Value™ of $204.78, indicating it is overvalued. The company's GF Score™ of 64/100 suggests above-average quality, but with concerning financial strength and low growth scores, alongside insider selling activity, investors are cautioned about the stock's future prospects.
Alexander’s Declares Quarterly $4.50 Dividend on Common Shares
Alexander’s (NYSE: ALX) has declared a regular quarterly dividend of $4.50 per common share. This dividend is payable on August 28, 2026, to stockholders of record as of August 10, 2026. Alexander's is a real estate investment trust that owns four properties in New York City.
Piper Sandler Maintains Alexander's Inc(ALX.US) With Sell Rating, Raises Target Price to $212
Piper Sandler has reiterated its Sell rating on Alexander's Inc (ALX.US) and increased the price target to $212. This indicates that while the firm sees some potential upside from its previous target, it still advises investors to sell the stock. The updated target price reflects a revised valuation perspective for the company.
Alexanders Inc stock hits 52-week high at 281.74 USD By Investing.com
Alexanders Inc. (ALX) stock recently reached a new 52-week high of $281.74, marking a 16.24% increase over the past year and a 32% year-to-date return. The company also offers a 6.5% dividend yield and has maintained consistent payments for 17 years. This milestone follows the recent sale of its Rego Park I property for $235.5 million and the adoption of a new Omnibus Stock Plan.
Alexander's Inc stock hits 52-week high at 281.74 USD By Investing.com
Alexander's Inc. stock has reached a new 52-week high of $281.74, marking a 16.24% increase over the past year and a 32% year-to-date return, while also providing a 6.5% dividend yield for 17 consecutive years. Recent company activities include the sale of its Rego Park I property for $235.5 million and the approval of the 2026 Omnibus Stock Plan. This plan authorizes the issuance of up to 500,000 shares of common stock for equity-based awards to employees and directors of Alexander's and Vornado Realty Trust.
Alexanders Inc stock hits 52-week high at 281.74 USD
Alexanders Inc. (ALX) stock has reached a new 52-week high of $281.74, reflecting a 16.24% increase over the past year and a 32% year-to-date return, coupled with a 6.5% dividend yield over 17 years. This achievement, however, comes as InvestingPro analysis suggests the stock is currently overvalued. The company also recently completed a $235.5 million property sale and approved a new omnibus stock plan.
Alexanders Inc stock hits 52-week high at 281.74 USD By Investing.com
Alexanders Inc. (ALX) stock reached a new 52-week high of $281.74, marking a 16.24% increase over the past year and a 32% year-to-date return, accompanied by a 6.5% dividend yield. Despite this strong performance, InvestingPro analysis suggests the stock might be overvalued. Recent company activities include the sale of a property for $235.5 million and the adoption of a new Omnibus Stock Plan, while affiliate Vornado Realty Trust (VNO) reported a decline in FFO.
Alexander's Inc navigates a thin data day as a New York real estate owner
Alexander's Inc is a specialized real estate investment trust (REIT) focusing on a concentrated portfolio of high-value properties in New York. The company's performance is closely tied to its few major assets, generating revenue from long-term leases with commercial tenants. As a REIT, Alexander's Inc distributes a significant portion of its taxable income as dividends, making it an income-oriented equity security for investors.
Alexanders Inc stock hits 52-week high at 271.62 USD By Investing.com
Alexanders Inc. (ALX) stock recently hit a 52-week high of $271.62, representing a 19.73% increase over the past year and significant gains in recent months. This surge reflects positive investor sentiment, though InvestingPro analysis suggests the stock might be overvalued. Recent company activities include the sale of a property for $235.5 million and the approval of a new Omnibus Stock Plan, while an associated entity, Vornado Realty Trust, reported a decrease in FFO.
Alexander’s Leases 135,000 Square Feet to Target at its Rego Park Shopping Center; Center is 99% Leased
Alexander's, Inc. (NYSE: ALX) has announced a 15-year lease agreement with Target Corporation for 135,000 square feet at its Rego Park Shopping Center in Queens, New York. This lease brings the multi-level, 600,000 square foot open-air center to 99% occupancy, with a weighted average lease term of approximately 9.3 years. The Rego Park Shopping Center is anchored by major retailers including Costco, Burlington, Best Buy, Marshalls, T.J. Maxx, Aldi, and Petco.
ALX clears new financing, Alexander's Inc shares after preferred stock move
ALX (Alexander's Inc) has secured new long-term financing for its Rego Park property in New York and completed a redemption of its Series C preferred stock. These actions aim to reshape its balance sheet by reducing preferred equity obligations and locking in financing costs, which is relevant for investors assessing leverage and dividend capacity. The company, which owns high-profile retail and mixed-use properties in New York City, funded the redemption using cash and proceeds from the new mortgage.
Alexander’s Leases 135,000 Square Feet to Target at its Rego Park Shopping Center; Center is 99% Leased
Alexander's (NYSE: ALX) has signed a 15-year lease with Target for 135,000 square feet at its Rego Park Shopping Center in Queens, New York. This new lease brings the 600,000 square-foot open-air center to 99% leased, with a weighted average lease term of approximately 9.3 years. The center is anchored by several major national retailers, and this deal is expected to further strengthen its tenant mix.
Alexanders Inc stock hits 52-week high at 271.62 USD By Investing.com
Alexanders Inc. (ALX) stock recently reached a 52-week high of $271.62 USD, driven by a 19.73% increase over the past year and significant gains in recent months. Despite this, an InvestingPro analysis suggests the stock is currently overvalued. The company also completed the sale of its Rego Park I property for $235.5 million and approved a new 2026 Omnibus Stock Plan.
Alexanders Inc stock hits 52-week high at 271.62 USD
Alexanders Inc's stock reached a new 52-week high of $271.62 USD, reflecting a 19.73% increase over the past year and a 26.81% return in the last six months. This positive trend is supported by recent strategic moves including the sale of its Rego Park I property for $235.5 million and the approval of the 2026 Omnibus Stock Plan. Despite a decrease in FFO for associated Vornado Realty Trust, investor sentiment for Alexanders Inc. remains strong.
Alexanders Inc stock hits 52-week high at 271.62 USD By Investing.com
Alexanders Inc. stock recently achieved a 52-week high of $271.62, marking a 19.73% increase over the past year and a significant 26.81% return in the last six months. This positive trend is supported by recent strategic moves, including the sale of its Rego Park I property for $235.5 million and the approval of a new Omnibus Stock Plan authorizing 500,000 shares. Meanwhile, associated entity Vornado Realty Trust reported a decline in Q1 2026 FFO, though it remains optimistic about future growth.
Quietly practical, Alexander's Inc retail properties keep earning their rent
Alexander's Inc (ALX) owns a portfolio of retail and mixed-use properties in the New York metropolitan area, which are characterized by their steady rent collection. These properties, often anchored by large national tenants with long-term leases, focus on necessity-based retail, providing stable cash flows despite potential challenges from e-commerce. The company is listed on the NYSE, offering investors exposure to this concentrated real estate portfolio.
Alexanders Inc stock hits 52-week high at 271.02 USD By Investing.com
Alexanders Inc (ALX) stock has reached a new 52-week high of $271.02, demonstrating strong investor confidence with a 25.25% one-year return and a 29.48% six-month surge. Despite trading above its Fair Value, the company maintains consistent dividend payments with a 6.77% yield. Recent corporate activities include the sale of a property for $235.5 million and the approval of a new Omnibus Stock Plan.
Alexanders Inc stock hits 52-week high at 271.02 USD
Alexanders Inc. (ALX) stock has reached a 52-week high of $271.02, demonstrating a 25.25% one-year return and a 29.48% six-month surge. While the stock is considered overvalued according to InvestingPro, the company has maintained dividend payments for 17 consecutive years with a 6.77% yield. Recent corporate activities include the sale of a Rego Park property for $235.5 million and the approval of a new 2026 Omnibus Stock Plan.
ALEXANDERS INC Insider Trading Activity
An entity linked to Alexanders (ALX) director and 10% owner Russell B. Wight Jr. sold 423 shares of common stock at $267 per share on June 9, 2026. This open-market sale, categorized as "Held by Child," reduced the indirect holdings to 900 shares. The reporting person disclaims beneficial ownership of these securities.
Alexanders Inc stock hits 52-week high at 271.02 USD
Alexanders Inc. (ALX) stock has reached a 52-week high of $271.02, showing a strong performance with a 25.25% one-year return and a 29.48% six-month surge. Despite trading above its Fair Value, the company has consistently paid dividends for 17 years, currently yielding 6.77%. Recent activities include the sale of its Rego Park I property for $235.5 million and the approval of a new 2026 Omnibus Stock Plan.
Alexander's Inc stock (US0153511094): New York REIT trades steadily after recent dividend and earnin
Alexander's Inc (ALX) shares have traded steadily around $240 on the NYSE following its May 2026 quarterly earnings report and consistent dividend payments. The New York-focused REIT, which generated a low double-digit percentage return year-to-date in 2026, maintains a concentrated portfolio of commercial and mixed-use properties in the New York metropolitan area. Investors are drawn to its roughly 7% dividend yield and specialized exposure to the New York real estate market.
Alexander's Inc stock (US0153511094): New York REIT steadies after completing Rego Park I sale
Alexander's Inc. (ALX) stock remained stable on June 2, 2026, as investors processed the sale of its Rego Park I property in Queens to Northwell Health. The New York-focused REIT continues to analyze the financial implications of the deal, which is expected to influence its balance sheet and future capital allocation strategies, including potential reinvestments in core New York City properties. The company's business model centers on owning and managing retail and mixed-use real estate in prime New York City locations, with rental income being a key revenue driver.
Queens sale to Northwell brings Alexander’s $148M financial gain
Alexander's (NYSE: ALX) completed the sale of its Rego Park I property to Northwell Health for $235.5 million, resulting in net proceeds of $203 million and $224 million cash received at closing. The company expects a financial statement gain of approximately $148 million in Q2 2026 and a total tax gain of about $145 million, recognized across 2025 and 2026. Alexander's remains a REIT focused on its four other New York City properties.
Alexander’s, Inc. Completes $235.5 Million Sale of Rego Park I Property to Northwell Health
Alexander’s, Inc. has successfully sold its Rego Park I property in Queens, New York, to Northwell Health, Inc. for $235.5 million, resulting in net proceeds of $203 million. This transaction will generate a financial statement gain of approximately $148 million for Alexander's in the second quarter, with a tax gain of about $145 million spread across 2025 and 2026. The sale significantly enhances the company's liquidity while demonstrating strategic asset management.
Alexander’s (NYSE: ALX) nets $203M from Rego Park I property sale
Alexander’s Inc. (NYSE: ALX) has completed the sale of its Rego Park I property in Queens, New York, to Northwell Health, Inc. for a gross sales price of $235.5 million, resulting in net proceeds of $203 million. The company anticipates recognizing a financial statement gain of approximately $148 million in the second quarter and a total tax gain of about $145 million, spread across 2025 and 2026. This transaction significantly boosts Alexander’s liquidity and reported profitability, with the REIT analyst noting the positive impact of converting a major asset into cash and a sizable gain, though the use of proceeds remains to be clarified.
Alexander’s completes sale of Queens property for $235.5m
Alexander's Inc. (NYSE:ALX) has successfully completed the sale of its Rego Park I property in Queens, New York, to Northwell Health, Inc. for a gross sales price of $235.5 million, resulting in a financial statement gain of approximately $148 million. The sale significantly strengthens the company's financial position, which is notable given its consistent dividend payments for 17 consecutive years, offering a 7.24% yield, though InvestingPro analysis suggests the stock is currently overvalued.
Alexander’s Completes Sale of Rego Park I
Alexander's, Inc. (NYSE: ALX) has completed the sale of its Rego Park I property in Queens, New York, to Northwell Health, Inc. at a gross sales price of $235.5 million. The company expects to recognize a financial statement gain of approximately $148 million in the second quarter and a tax gain of about $97 million in 2026 from this transaction. Alexander's is a real estate investment trust with four properties in New York City.
Director at Alexanders (NYSE: ALX) granted 505 deferred stock units
Alexanders Inc. director Arthur Sonnenblick was granted 505 Deferred Stock Units on May 21, 2026, as part of his compensation. These units, which represent an equivalent number of common shares, vest immediately but will only be delivered after he ceases to serve on the company's Board of Directors. This transaction reflects a routine equity award and not an open-market trade.
ALEXANDERS INC (ALX) director Mandakini Puri receives 505 deferred stock units
ALEXANDERS INC director Mandakini Puri was granted 505 Deferred Stock Units (DSUs) on May 21, 2026, as a form of equity compensation. These DSUs entitle her to 505 shares of common stock, which vest immediately, but the shares will only be delivered after she ceases to serve on the company's Board of Directors. This transaction increases her direct holdings to 505 DSUs, with no purchase price paid.
Director at ALEXANDERS INC (ALX) receives 505 Deferred Stock Units as equity grant
ALEXANDERS INC (ALX) director Wendy Silverstein was granted 505 Deferred Stock Units on May 21, 2026, as part of her compensation. These units, which vest immediately, will convert into an equivalent number of common shares after she ceases to be a member of the company's Board of Directors, requiring no cash payment from her. The transaction was reported in a Form 4 filing, indicating a neutral impact and sentiment.
[Form 4] ALEXANDERS INC Insider Trading Activity
This article details an insider trading activity at Alexander's Inc. (ALX) where Director and ten percent owner David Mandelbaum received a grant of 505 Deferred Stock Units on May 21, 2026. These units, awarded at no cost, entitle him to common stock shares that will be delivered after he leaves the Board of Directors, though they vest immediately. The filing, a Form 4, indicates a mixed sentiment due to the nature of the transaction being a grant/award.
Alexander's Inc (ALX) director and 10% owner granted 505 deferred stock units
Alexander's Inc. (ALX) director and 10% owner, Russell B. Wight Jr., was granted 505 Deferred Stock Units on May 21, 2026, as a compensation-related award. These units, which cost him no cash, vest immediately and are tied one-for-one to 505 shares of common stock. The underlying shares will be delivered after he is no longer serving on the company’s Board of Directors.
Alexander's (NYSE: ALX) awards director 505 deferred stock units
Alexander's Inc. (NYSE: ALX) director Thomas R. DiBenedetto was granted 505 Deferred Stock Units on May 21, 2026. These units, which vest immediately, entitle him to an equivalent number of common shares of Alexander's, though the shares will only be delivered after he ceases to serve on the company's Board of Directors. This transaction represents a non-cash equity compensation, with a grant price of $0.00 per unit.
Alexanders Inc (ALX) CEO Steven Roth granted 505 deferred stock units as equity award
Alexanders Inc. CEO Steven Roth was granted 505 Deferred Stock Units (DSUs) on May 21, 2026, as an equity award without any purchase price. These DSUs vest immediately, but the underlying common shares will only be delivered after Roth is no longer serving on the company's Board of Directors. This compensation structure aligns his interests with long-term company performance and shareholder value.
Alexanders Inc. stockholders approve new omnibus stock plan and elect directors
Alexander's Inc. (NYSE:ALX) stockholders approved a new 2026 Omnibus Stock Plan, authorizing up to 500,000 shares for equity awards to employees and directors, replacing the 2016 plan. The company, a real estate investment trust with a 7.29% dividend yield, also re-elected three directors to its board. Additionally, stockholders approved executive compensation and ratified Deloitte & Touche LLP as the independent auditor.
Alexanders Inc. stockholders approve new omnibus stock plan and elect directors
Alexander's Inc. stockholders have approved a new 2026 Omnibus Stock Plan, authorizing the issuance of up to 500,000 shares for equity-based awards to employees, officers, and directors. The company also re-elected three directors to its board and ratified Deloitte & Touche LLP as its independent public accounting firm. Alexander's Inc. maintains a strong dividend profile with a 7.29% yield, despite trading at a high P/E ratio.
Alexanders Inc. stockholders approve new omnibus stock plan and elect directors
Alexander's Inc. (NYSE:ALX) stockholders approved a new 2026 Omnibus Stock Plan, authorizing the issuance of up to 500,000 shares for various equity-based awards to employees, officers, and directors. The plan replaces the 2016 version and maintains the company's strong dividend profile. Additionally, stockholders re-elected three directors and approved executive compensation and auditor ratification.
Alexander’s Inc. (NYSE: ALX) investors back 2026 stock plan, pay and auditor
Alexander's Inc. (NYSE: ALX) stockholders approved the new 2026 Omnibus Stock Plan, authorizing 500,000 shares for equity incentives and superseding the 2016 plan. They also re-elected three directors, endorsed executive compensation on an advisory basis, and ratified Deloitte & Touche LLP as the independent auditor. These decisions reflect strong stockholder support for the company's governance and compensation framework.
Alexander's Inc stock (US0153511094): Real estate income profile stays in focus
Alexander's Inc (ALX) is drawing investor attention due to its real estate income profile and its focus on commercial property in New York. The company's performance is highly dependent on occupancy rates, lease renewals, property valuations, and financing costs, making it a niche stock for investors interested in U.S. commercial real estate sentiment. Its appeal lies more in the durability of its income base rather than growth.
Alexander's, owner of 5 NYC properties, posts lower Q1 profit
Alexander's (NYSE: ALX) reported a significant decrease in Q1 2026 net income and FFO compared to Q1 2025. Net income fell to $4.7 million from $12.3 million year-over-year, while FFO decreased to $13.4 million from $20.8 million. The company, which owns five properties in New York City, also experienced a slight dip in total revenues.
ALEXANDERS INC 1Q 2026: Revenue $53.41M, EPS $0.91— 10-Q Summary
ALEXANDERS INC (ALX) reported first-quarter 2026 results including $53.41 million in revenue and $0.91 diluted EPS, representing significant declines compared to the prior year, largely due to leasing and tenant changes. The company's portfolio occupancy remained stable, and a major lease extension with Bloomberg was secured. A significant transaction includes an agreement to sell Rego Park I for $235.5 million, expected to close by Q3 2026.
Alexander’s (NYSE: ALX) Q1 2026 profit drops as it lines up $235.5M Rego Park I sale
Alexander's (NYSE: ALX) reported a significant drop in Q1 2026 profit and Funds from Operations (FFO) due to lower rental revenues, increased operating costs, and reduced interest income. Net income fell to $4.662 million from $12.312 million a year prior, while FFO decreased to $13.364 million from $20.842 million. The company has, however, secured a deal to sell its Rego Park I shopping center for $235.5 million, expecting $202 million in net proceeds and a $147 million financial-statement gain, with closing anticipated by Q3 2026.
Earnings Flash (ALX) Alexander's, Inc. Reports Q1 Adjusted Earnings of $2.60 per ADS
Alexander's, Inc. (ALX) reported its Q1 adjusted earnings at $2.60 per ADS. The company, a real estate investment trust (REIT) managed by Vornado Realty Trust, owns and operates commercial properties primarily in New York City. This report includes several financial updates for the quarter ended March 31, 2026, including FFO, revenue, and dividend announcements.
Alexander’s Announces First Quarter Financial Results
Alexander's, Inc. (ALX) announced its first quarter financial results for the period ending March 31, 2026. The company reported a net income of $4.7 million, or $0.91 per diluted share, a decrease compared to $12.3 million or $2.40 per diluted share in the prior year. Funds from operations (FFO) also decreased to $13.4 million, or $2.60 per diluted share, from $20.8 million or $4.06 per diluted share in Q1 2025.
Alexander's sets May 29 payout for $4.50-a-share dividend
Alexander's (NYSE: ALX) has declared a regular quarterly dividend of $4.50 per common share, payable on May 29, 2026, to shareholders of record as of May 11, 2026. The company, a REIT with five properties in New York City, also disclosed standard forward-looking statements and risks associated with interest rate fluctuations and inflation.
Alexander’s Declares Quarterly $4.50 Dividend on Common Shares
Alexander's, Inc. (NYSE: ALX) announced a regular quarterly dividend of $4.50 per share. The dividend is payable on May 29, 2026, to stockholders of record as of May 11, 2026. The company is a real estate investment trust with five properties in New York City.
Alexander’s Announces First Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call
Alexander’s, Inc. (NYSE: ALX) has announced that it will release its first-quarter earnings report on May 4, 2026, before the New York Stock Exchange opens. Vornado Realty Trust (NYSE: VNO), which manages Alexander's operations, will host its quarterly earnings conference call and webcast on May 5, 2026, at 10:00 a.m. ET, where information concerning Alexander's may also be discussed. Alexander's is a real estate investment trust with five properties in New York City.
