Alexander’s (ALX) Set to Announce Earnings on Monday

Alexander’s (NYSE:ALX) is scheduled to be posting its quarterly earnings results before the market opens on Monday, May 6th. Analysts expect Alexander’s to post earnings of $6.41 per share for the quarter.

Alexander’s Price Performance

ALX opened at $206.90 on Monday. The company has a fifty day moving average price of $214.62 and a two-hundred day moving average price of $206.65. The company has a debt-to-equity ratio of 4.60, a quick ratio of 13.22 and a current ratio of 13.22. Alexander’s has a 52 week low of $155.60 and a 52 week high of $235.85. The firm has a market capitalization of $1.06 billion, a PE ratio of 10.36 and a beta of 0.78.

Alexander’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Tuesday, February 20th were issued a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 8.70%. The ex-dividend date of this dividend was Friday, February 16th. Alexander’s’s dividend payout ratio is presently 90.14%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Alexander’s from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th.

Alexander’s Company Profile

Alexander's, Inc is a real estate investment trust which has five properties in New York City.