ALX

Alexander's, Inc.

Real Estate · $1.3B market cap

Verdict

Share price

$243.86

close of Oct 3, 2026

Fair value

$104.31

Sticker Price

Payback Price

$41.72

buy price

Overpriced

ALX is Overpriced: at $243.86 it trades 134% above its fair value of $104.31. Its buy price (Payback Price) is $41.72, 83% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

FFO-Based (REIT). A real estate trust. Depreciation makes a property owner's profit look smaller than the cash it brings in, so we value it on funds from operations (FFO).

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth-5.1% a year✗
Equity per share growth-2.0% a year✗
Sales growth1.4% a year✗
Free cash flow growth2.4% a year✗
Return on invested capital7.0%✗

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Superinvestors

1 of the investors we track holds ALX. In Q1 2026, 1 trimmed. Who we track

Moves in Q1 2026

Trimmed: Mason Hawkins

About Alexander's, Inc.

Alexander’s, Inc. is a real estate investment trust (REIT) engaged in leasing, managing, developing and redeveloping properties. Alexander’s activities are conducted through its manager, Vornado Realty Trust. Alexander’s has five properties in the greater New York City metropolitan area consisting of: 731 Lexington Avenue office and retail (including Bloomberg, L.P.'s world headquarters), the Rego Center complex in…

REIT - Retail

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works

ALX stock (Alexander's, Inc.): fair value $104.31, Overpriced — PaybackPrice