• Reported GAAP EPS of $0.75 down -68.62% YoY • Reported revenue of $53.26M down -4.75% YoY • Alexander's Inc. expects to spend approximately $55T on capital expenditures in 2026 and anticipates a total dividend payout of approximately $92.45T for 2026.
Bullish
Alexander's Inc. is pursuing a sale for Rego Park I, completed a $175T debt refinancing, and secured a significant eleven-year lease extension with Bloomberg for 947,000 square feet.
Bearish
Alexander's Inc. faces significant tenant concentration risk with Bloomberg, challenges from evolving office real estate trends, and limited flexibility due to illiquid real estate investments.