Alexander's Inc. Q1 Revenue Expected to Fall 2%, Analyst Maintains 'Sell' Rating with $190 Price Target
summarizeSummary
Alexander's Inc. is expected to report a 2.0% year-over-year decline in first-quarter revenue to $53.8 million, with an estimated earnings per share of $3.08, according to analyst estimates. This negative outlook is reinforced by a single analyst maintaining a 'sell' rating and a $190 price target, which is significantly below the company's current trading price near its 52-week high. This preview suggests a continuation of the challenging financial environment noted in the company's 2025 10-K, which reported a significant decline in net income and FFO. The combination of expected revenue contraction and a bearish analyst stance could put downward pressure on the stock ahead of the official Q1 results release on May 4. Traders should watch for the actual earnings report to confirm these trends and assess management's forward guidance.
At the time of this announcement, ALX was trading at $252.50 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $201.28 to $260.84. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.