How to Buy Alexanders Stock
Alexanders Inc
Alexanders is a retail REIT company located in New Jersey, United States, which is part of the Real Estate sector, and is traded under the ticker ALX on the NYSE exchange.
Alexanders stock last closed at $205.46, down 1.19% from the previous day, and has increased 9.36% in one year. It has overperformed other stocks in the REIT - Retail industry by 0.09 percentage points. Alexanders stock is currently +32.04% from its 52-week low of $155.60, and -12.89% from its 52-week high of $235.85.
As of Apr 18, 2024, there are 5.11M shares of ALX outstanding. The market capitalization of ALX is $1.05B. In the past 24 hours, 7743 ALX shares were traded.
How to Buy Alexanders Stock
Wondering how to invest in Alexanders stock? Here's how.
- Decide where to buy Alexanders stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Alexanders stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your method of payment and add your information.
- Research Alexanders stock: The Alexanders ticker symbol is ALX. Is Alexanders stock a good investment? Should you buy shares of ALX? How do ALX's underlying business fundamentals look? Do top analysts think Alexanders is a good buy? Why has ALX's stock price moved recently? (Hint: Our stock analysis website can help you decide if ALX is a good stock to buy).
- Make your ALX trade: Decide if you will purchase ALX shares at the current market price or use a limit order to buy ALX stock at a particular price.
- Monitor your ALX position: Create a watchlist to key updates about your new investment in Alexanders shares.
Step 1: Decide where to buy Alexanders stock
You will need an online brokerage account in order to access the NYSE market and buy ALX stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal info so you can buy ALX today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best stock trading app, you need to deposit funds:
Check out the video below for more details transferring money into your investment account.
Step 4: Research Alexanders stock
Once you have chosen the best place to buy Alexanders stock, it's important to research their stock prior to investing, so you actually wrap your head around the risk as well as the opportunity.
Alexanders shares data
Alexanders Zen Score
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on ALX's stock page.
How is ALX stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ALX's true value.
Using relative valuations methods:
- ALX could be undervalued based on its P/E ratio of 10.29x, relative to REIT - Retail industry P/E ratio of 33.67x
- ALX may be overvalued based on its P/B ratio of 4.42x, relative to REIT - Retail industry P/B ratio of 1.92x
You can do more valuation research on ALX's stock here.
ALX Financial Health Summary
Passed Financial Due Diligence Checks:
- ALX profit margin has gone up from 28% to 45.5% in the past year.
Failed Financial Due Diligence Checks:
- Total ALX debt is higher than 5 years ago, relative to shareholder equity.
- ALX earnings of $160.71M is not enough to cover its interest payments.
- ALX's operating cash flow of $109.11M allows it to safely service it's debt of $1.09B.
- ALX has a relatively high debt to equity ratio of 4.91.
You can dig deeper into what analysts are saying on the Alexanders stock forecast page.
ALX Technical Indicators
Is ALX Making Money?
Last year, ALX earnings were $102.41M. Over the past 5 year, ALX's earnings have gone up by 25.48% per year. This was faster than the REIT - Retail industry average of 1.89%.
Last year, ALX revenue was $224.96M. During the past five year, ALX's revenue has grown by -0.68% per year. This was slower than the REIT - Retail industry average of 11.49%.
You can analyze ALX's earnings and revenue performance here.
Are ALX executives and large shareholders buying or selling the stock?
In the last year, insiders at ALX have not bought or sold any shares.
Research more about who owns ALX stock here.
Does ALX stock generate passive income?
Alexanders pays a dividend of 8.76%, compared to the REIT - Retail industry's average dividend yield of 4.7%. If you owned $1,000 of ALX stock, you would have been paid $87.61 in the past 12 months.
Alexanders dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Alexanders dividend yield and history here.
Get analysis from other traders
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your ALX trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open button and eToro will place your order.
If you require additional help with buying stocks on eToro, click the how to video below:
Step 6: Monitor your ALX position
Now that you own some ALX shares, you'll want to stay up-to-date on your new shares.
Start a watchlist to see the latest developments about your ALX stock.
ALX Feed
How to Buy Stock in Alexanders
To summarize, here are the 6 steps you need to take to buy Alexanders stock right now:
- Decide where to buy Alexanders stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Research Alexanders stock
- Make your ALX trade
- Monitor your ALX position
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your investment in Alexanders, hit the button below to create your watchlist.
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