If history is any indication, one of the best ways to make long-term money in the stock market is by having the courage to buy stocks when they are largely out of favor. This is especially true of dividend stocks because when the prices decline, investors can lock in higher dividend yields for life. Certainly, investors should do their homework to ascertain the safety and reliability of a company’s dividends before buying on the basis of yield alone. Here are three real estate investment trusts (REITs) whose recent price declines have substantially increased their dividend yields. Alexander’s Inc. (NYSE: ALX ) is a Paramus, N.J.-based retail REIT that leases, manages and develops commercial properties in the New York City metropolitan area. The company is managed by Vornado Realty Trust . Over the past month, Alexander’s has dropped from $260 to a current price of $233, pushing up the annual dividend yield to a quite lofty 7.7%. This price decline began two weeks after the REIT reported second-quarter earnings, a report in which funds from operations (FFO) surprised to the upside.
PARAMUS, N.J., Aug. 01, 2022 (GLOBE NEWSWIRE) -- ALEXANDER''S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended June 30, 2022 today and reported: Second Quarter 2022 Financial Results Net income for the quarter ended June 30, 2022 was $14.8 million, or $2.89 per diluted share, compared to $25.9 million, or $5.05 per diluted share for the quarter ended June 30, 2021. Net income for the quarter ended June 30, 2021 included $9.1 million, or $1.78 per diluted share, of income as a result of a net gain on the sale of real estate. Funds from operations ("FFO") (non-GAAP) for the quarter ended June 30, 2022 was $22.1 million, or $4.32 per diluted share, compared to $21.1 million, or $4.12 per diluted share for the quarter ended June 30, 2021. First Half 2022 Financial Results Net income for the six months ended June 30, 2022 was $29.3 million, or $5.73 per diluted share, compared to $43.8 million, or $8.55 per diluted share for the six months ended June 30, 2021. Net income for the six months ended June 30, 2021 included $9.1 million, or $1.78 per diluted share, of income as a result of a net gain on the sale of real estate.
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PARAMUS, N.J., July 27, 2022 (GLOBE NEWSWIRE) -- Alexander''s, Inc. (NYSE: ALX ) today announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on August 19, 2022 to stockholders of record on August 8, 2022. Alexander''s, Inc. is a real estate investment trust that has six properties in the New York City metropolitan … Full story available on Benzinga.com
Alexander''s is witnessing higher demand in the retail real estate segment, but struggling in the office market. Read more to see why investors should avoid ALX for now.
Alexander`s Inc. (ALX) shares closed today at 0.2% above its 52 week low of $216.01, giving the company a market cap of $1B. The stock is currently down 13.7% year-to-date, down 16.7% over the past 12 months, and down 32.8% over the past five years. This week, the Dow Jones Industrial Average fell 7.2%, and the S&P 500 fell 8.7%. Trading Activity Trading volume this week was 36.7% lower than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 0.5. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -61.1% The company's stock price performance over the past 12 months beats the peer average by -50.9% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -9.0% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Alexanders (ALX) had declared $4.50/share quarterly dividend, in line with previous.
Alexander''s, Inc. (NYSE:NYSE:ALX) Q1 2022 Earnings Conference Call May 03, 2022, 10:00 AM ET Company Participants Steven Borenstein - SVP & Corporate Counsellor Steven Roth - Chairman…
PARAMUS, N.J., May 02, 2022 (GLOBE NEWSWIRE) -- ALEXANDER''S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended March 31, 2022 today and reported: Net income for the quarter ended March 31, 2022 was $14.5 million, or $2.84 per diluted share, compared to $17.9 million, or $3.49 per diluted share for the quarter ended March 31, 2021. Funds from operations ("FFO") (non-GAAP) for the quarter ended March 31, 2022 was $21.8 million, or $4.25 per diluted share, compared to $25.8 million, or $5.03 per diluted share for the quarter ended March 31, 2021. Alexander''s, Inc. is a real estate investment trust which has six properties in the New York City metropolitan area. CONTACT: GARY HANSEN (201) 587-8541 Certain statements contained herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Alexander''s, Inc. (ALX) declares $4.50/share quarterly dividend, in line with previous.Forward yield 6.99%Payable May 20; for shareholders of record May 9; ex-div May 6.
PARAMUS, N.J., April 27, 2022 (GLOBE NEWSWIRE) -- Alexander''s, Inc. (NYSE: ALX ) today announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on May 20, 2022 to stockholders of record on May 9, 2022. Alexander''s, Inc. is a real estate investment trust that has six properties in the New York City metropolitan area. CONTACT: Full story available on Benzinga.com
Companies Reporting Before The Bell • Weber (NYSE: WEBR ) is projected to report quarterly loss at $0.06 per share on revenue of $310.78 million. • Kelly Services (NASDAQ: KELYB ) is expected to report earnings for its fourth quarter. • Westwater Resources (AMEX: WWR ) is likely to report earnings for its fourth quarter. • Scorpio Tankers (NYSE: STNG ) is expected to report quarterly loss at $0.75 per share on revenue of $151.10 million. • Kelly Services (NASDAQ: KELYA ) is expected to report quarterly earnings at $0.28 per share on revenue of $1.30 billion. • Garrett Motion (NASDAQ: GTX ) is projected to report quarterly earnings at $0.19 per share on revenue of $863.00 million. • Applied Genetic (NASDAQ: AGTC ) is expected to report earnings for its second quarter. • Alexander''s (NYSE: ALX ) is projected to report earnings for its fourth quarter. • Acasti Pharma (NASDAQ: ACST ) is estimated to report earnings for its third quarter. • Roivant Sciences (NASDAQ: ROIV ) is estimated to report earnings for its third quarter. • Olink Holding (NASDAQ: OLK ) is expected to report earnings for its fourth quarter. • Treehouse Foods (NYSE: THS ) is likely to report quarterly earnings at $0.09 per share on revenue of $1.12 billion. • Hawaiian Electric Indus (NYSE: HE ) is expected to report quarterly earnings at $0.42 per share on revenue of $681.34 million.
Alexander''s, Inc. (NYSE:ALX) declares $4.50/share quarterly dividend, in line with previous.Forward yield 7.00%Payable Feb.
Earnings results for J. Alexander''s , Analyst Opinion on J. Alexander''s , Earnings and Valuation of (NYSE:JAX), Stock market Insights & financial analysis, Best stock to invest, Investment Idea, The post Does Earnings Surprise History Hold Any Clue for J. Alexanders (NYSE:JAX) appeared first on .
Alexander''s Inc. shares closed today at 1.1% below its 52 week high of $308.39, giving the company a market cap of $1B. The stock is currently up 11.8% year-to-date, up 29.3% over the past 12 months, and up 3.1% over the past five years. This week, the Dow Jones Industrial Average rose 2.3%, and the S&P 500 rose 2.0%. Trading Activity Trading volume this week was 31.2% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -64.7% The company's stock price performance over the past 12 months lags the peer average by -88.9% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 1332.9% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Alexander''s Inc. shares closed today at 0.1% below its 52 week high of $307.62, giving the company a market cap of $1B. The stock is currently up 12.7% year-to-date, up 11.8% over the past 12 months, and up 3.5% over the past five years. This week, the Dow Jones Industrial Average rose 4.1%, and the S&P 500 rose 2.7%. Trading Activity Trading volume this week was 42.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -62.7% The company's stock price performance over the past 12 months lags the peer average by -94.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -76033.8% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
NEW YORK, NY / ACCESSWIRE / February 17, 2021 / Alexander's, Inc. (NYSE:ALX) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 17, 2021 at 10:00 AM Eastern Time.
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Q1 2019 Vornado Realty Trust and Alexander's Inc Earnings Call