Company Alexander's, Inc.

Equities

ALX

US0147521092

Commercial REITs

Market Closed - Nyse 04:00:02 2024-04-24 pm EDT 5-day change 1st Jan Change
214.8 USD +0.31% Intraday chart for Alexander's, Inc. +3.33% +0.60%

Business Summary

Alexander's, Inc. is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). It has five properties in New York City consisting of 731 Lexington Avenue, a 1,079,000 square foot multi-use building comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan; Rego Park I, a 338,000 square foot shopping center, is located on Queens Boulevard and 63rd Road in Queens; Rego Park II, a 616,000 square foot shopping center, is located adjacent to the Rego Park I shopping center in Queens; Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, and The Alexander apartment tower, located above its Rego Park II shopping center, contains 312 units aggregating 255,000 square feet.

Number of employees: 92

Sales per Business

USD in Million2022Weight2023Weight Delta
Fixed Lease
65.6 %
136 65.9 % 148 65.6 % +8.77%
Variable Lease
30.6 %
62 29.9 % 69 30.6 % +11.92%
Parking
2.0 %
5 2.4 % 4 2.0 % -9.01%
Tenant Services
1.8 %
4 1.8 % 4 1.8 % +9.52%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
206 100.0 % 225 100.0 % +9.30%

Managers

Managers TitleAgeSince
Chief Executive Officer 82 88-12-31
Director of Finance/CFO 46 15-04-30
Investor Relations Contact 78 02-05-31
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 73 83-12-31
Director/Board Member 63 91-12-31
Chief Executive Officer 82 88-12-31
Director/Board Member 88 94-12-31
Director/Board Member 86 83-12-31
Director/Board Member 84 94-12-31
Director/Board Member 92 83-12-31
Director/Board Member 64 20-03-24

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 5,173,450 2,125,372 ( 41.08 %) 66,160 ( 1.279 %) 41.08 %

Shareholders

NameEquities%Valuation
1,654,068 32.39 % 359 M $
Interstate Properties
9.850 %
503,046 9.850 % 109 M $
456,795 8.944 % 99 M $
Goldman Sachs Asset Management LP
6.875 %
351,115 6.875 % 76 M $
Vanguard Fiduciary Trust Co.
6.547 %
334,386 6.547 % 73 M $
207,737 4.067 % 45 M $
BlackRock Advisors LLC
3.315 %
169,325 3.315 % 37 M $
163,176 3.195 % 35 M $
JPMorgan Investment Management, Inc.
1.994 %
101,836 1.994 % 22 M $
Renaissance Technologies LLC
1.328 %
67,826 1.328 % 15 M $

Company contact information

Alexander's, Inc.

210 Route 4 East

07652, Paramus

+201 587 8541

http://www.alx-inc.com
address Alexander's, Inc.(ALX)

Group companies

NameCategory and Sector
Real Estate Development

Sales per Business

Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
1
Last Close Price
214.8 USD
Average target price
160 USD
Spread / Average Target
-25.53%
Consensus

Quarterly revenue - Rate of surprise

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