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Alexander's (ALX) Stock News

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Welcome to our dedicated page for Alexander's news (Ticker: ALX), a resource for investors and traders seeking the latest updates and insights on Alexander's stock.

Alexander's Inc. reports developments for a New York City real estate investment trust with five properties. Company news centers on quarterly and annual operating results, net income, funds from operations, regular dividends on common shares, and the timing of SEC reports and related conference-call disclosures conducted through Vornado Realty Trust, the manager of Alexander's operations.

Recurring updates also cover property-level lease and financing matters, including agreements tied to 731 Lexington Avenue in Manhattan and debt transactions involving New York City retail and shopping-center assets. These announcements frame Alexander's as an owner and operator whose public disclosures are closely tied to tenant leases, mortgage financing, and cash flows from its property portfolio.

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Alexander’s (NYSE: ALX) reported results for the quarter ended March 31, 2026. Net income was $4.7 million, or $0.91 per diluted share, versus $12.3 million, or $2.40 per diluted share in Q1 2025. FFO (non-GAAP) was $13.4 million, or $2.60 per diluted share, versus $20.8 million, or $4.06 per diluted share in Q1 2025. Total revenues were $53.4 million for the quarter. The company owns five properties in New York City. The filing includes a reconciliation of net income to FFO and standard forward-looking statement disclosures.

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Alexander’s (NYSE: ALX) declared a regular quarterly dividend of $4.50 per common share, payable May 29, 2026, to shareholders of record on May 11, 2026. The company is a REIT owning five properties in New York City.

The announcement includes standard forward-looking statements and cites risks including interest rate fluctuations and inflation.

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Alexander’s (NYSE: ALX) will file its Form 10-Q for the quarter ended March 31, 2026 and issue its first quarter earnings release on Monday, May 4, 2026 before the NYSE opens. Vornado Realty Trust (NYSE: VNO), which manages Alexander’s operations, will host a quarterly conference call and audio webcast on Tuesday, May 5, 2026 at 10:00 a.m. ET.

The conference call may include information about Alexander’s and can be accessed by phone (888-317-6003 domestic; 412-317-6061 international) using passcode 9610150. A live webcast and online playback will be available in Vornado’s Investor Relations section at www.vno.com. Alexander’s is a real estate investment trust owning five properties in New York City.

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Alexander’s (NYSE: ALX) agreed to sell its Rego Park I property to Northwell Health for a gross $235.5 million and expected net proceeds of $202 million. The unencumbered asset includes a vacant 338,000 GLA building, a 1,236-space garage on 5.9 acres. The company expects a $147 million financial statement gain and a $145 million tax gain (about $48 million recognized in 2025; ~$97 million to be recognized in 2026). Closing is subject to customary conditions and expected by Q3 2026.

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Alexander’s (NYSE:ALX) filed its 2025 Form 10-K and reported fourth-quarter and full-year results. Q4 2025 net income was $3.8M ($0.74/share) versus $12.3M ($2.39) in Q4 2024. Q4 FFO was $12.5M ($2.43/share) versus $20.8M ($4.06).

For the year, 2025 net income was $28.2M ($5.50/share) and FFO was $63.0M ($12.27/share), down from 2024. The company remains a REIT owning five New York City properties.

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Alexander’s (NYSE: ALX) declared a regular quarterly dividend of $4.50 per common share, payable on February 27, 2026 to shareholders of record on February 17, 2026. Alexander’s is a real estate investment trust that owns five properties in New York City.

The announcement includes standard forward-looking statement cautions about risks such as interest rate fluctuations, inflation effects on tenants and markets, and directs readers to the company’s 2024 Form 10-K risk section.

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Alexander’s (NYSE: ALX) will file its Form 10-K for the year ended December 31, 2025 and issue its fourth quarter and full year 2025 earnings release on Monday, February 9, 2026, before the NYSE opens. Vornado Realty Trust (NYSE: VNO), which manages Alexander’s operations, will host a quarterly earnings conference call and audio webcast on Tuesday, February 10, 2026 at 10:00 a.m. ET where information about Alexander’s may be discussed.

Investors can access the call at 888-317-6003 (domestic) or 412-317-6061 (international) using passcode 2775277; a live webcast and online playback will be available on Vornado’s Investor Relations website.

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Alexander’s (NYSE: ALX) restructured the $300 million mortgage on the retail condominium at 731 Lexington Avenue with a new maturity of Dec 23, 2035. The loan was split into a $132.5M senior A-Note at 7.00% and a $167.5M junior C-Note at 4.55%. At closing, an Alexander’s affiliate purchased the $132.5M A-Note at par and also entered a new B-Note to fund capital, re-leasing expenses, and A-Note interest. The B-Note accrues at 13.5% except amounts above $65M used to pay A-Note interest, which accrue at 7.00%. Further details and payment waterfall are in Alexander’s Form 8-K filed Dec 29, 2025.

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Alexander’s (NYSE: ALX) completed a $175 million refinancing of its 615,000 sq ft Rego Park II shopping center in Queens, New York on December 9, 2025. The new interest-only loan carries rate SOFR + 2.00% (currently 5.82%) and matures in December 2030.

The company paid down $23.5 million of a prior $198.5 million loan that had carried SOFR + 1.45% and was scheduled to mature December 12, 2025.

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Alexander’s (NYSE: ALX) reported results for the quarter and nine months ended September 30, 2025. Q3 2025 net income was $6.0 million, or $1.16 per diluted share, versus $6.7 million, or $1.30 per diluted share in Q3 2024. Q3 FFO was $14.9 million, or $2.91 per diluted share, versus $14.6 million, or $2.84 per diluted share a year earlier.

For the nine months, net income was $24.4 million, or $4.75 per diluted share, down from $31.2 million, or $6.07, and FFO was $50.5 million, or $9.84 per diluted share, down from $57.1 million, or $11.13. The company is a REIT owning five New York City properties.

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FAQ

What is the current stock price of Alexander's (ALX)?

The current stock price of Alexander's (ALX) is $252.19 as of May 26, 2026.

What is the market cap of Alexander's (ALX)?

The market cap of Alexander's (ALX) is approximately 1.3B.