On September 27, 2024, at 1:30 PM EST, Alexander's Inc. (ALX, Financial) stock saw a significant increase, rising by 5.01%. As of the latest update, the stock was trading at $249.23 per share with a trading volume of 15,819 shares, a turnover rate of 0.31%, and a fluctuation of 2.69%.
Recent financial reports revealed that the company achieved a revenue of $53.39 million, a net profit of $8.38 million, and earnings per share of $1.63. The company's price-to-earnings ratio stands at 24.40. Currently, there are no buy, hold, or sell ratings from institutions for this stock.
In the real estate investment trust sector, where Alexander's Inc. operates, the overall increase was 0.23%. Notable gainers in this sector include Clipper Realty Inc., Power Reit (Md), and Uniti Group Inc. Other active stocks in this sector with high turnover rates include Wheeler Real Estate Investment Trust, Inc. (39.79%), Pebblebrook Hotel Trust (3.77%), and Creative Media & Community Trust Corporation (2.42%). Stocks showing significant fluctuation include Creative Media & Community Trust Corporation (13.47%), Wheeler Real Estate Investment Trust, Inc. (12.98%), and Ashford Trust (12.61%).
Alexander's Inc. (ALX, Financial) is a real estate investment trust that leases, manages, develops, and redevelops its properties. The company owns six properties in the greater New York metropolitan area, generating all its income from properties located in New York City. This includes revenue from leasing property space to tenants, parking fees, and tenant services.
