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REITFocused is Bearish about ALX

Summary: Bearish Hold Overvalued
I have been interested in investing in ALX for a long time now, but the high stock price, above $300, has kept me at bay. I was looking over the company to see if, with the recent stock price drop, I might get a starting position with Alexander's Inc. But I'm observing a decreasing trend in the FFO during the last six quarters, which has made me rethink investing now. At the current FFO decrease rate, ALX might need to reduce their dividends in the future if something doesn't change, so I will wait a couple of more quarters before I invest. - REITFocused - 2018-11-25 16:40:21 PDT

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