Somewhat Positive News Coverage Somewhat Unlikely to Impact Alexander’s (ALX) Stock Price

Press coverage about Alexander’s (NYSE:ALX) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Alexander’s earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 45.1614570384759 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Separately, BidaskClub cut Alexander’s from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 16th.

Shares of Alexander’s (ALX) opened at $393.00 on Friday. Alexander’s has a 1-year low of $393.00 and a 1-year high of $451.99. The firm has a market capitalization of $2,013.69, a PE ratio of 17.33 and a beta of 0.70. The company has a quick ratio of 15.74, a current ratio of 15.74 and a debt-to-equity ratio of 3.63.

The firm also recently declared a quarterly dividend, which was paid on Monday, November 20th. Shareholders of record on Monday, November 6th were issued a $4.25 dividend. The ex-dividend date of this dividend was Friday, November 3rd. This represents a $17.00 annualized dividend and a dividend yield of 4.33%. Alexander’s’s payout ratio is currently 103.16%.

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Alexander’s Company Profile

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). As of December 31, 2016, the Company had seven properties in the greater New York City metropolitan area consisting of 731 Lexington Avenue; Rego Park I; Rego Park II; The Alexander apartment tower; Paramus, and Flushing.

Insider Buying and Selling by Quarter for Alexander`s (NYSE:ALX)

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