Alexander's (ALX) vs Empire State Realty (ESRT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Alexander's (ALX) has outperformed Empire State Realty (ESRT) over the past year, gaining 0.5% versus a loss of 42.4%. Over five years, ALX leads with a -13.0% price change compared with -59.1% for ESRT. Empire State Realty is the larger company by market cap ($1.40 billion vs $1.23 billion), about 1.1 times the size.
On valuation, Alexander's trades at a lower forward P/E (18.6x vs 76.3x for Empire State Realty). Alexander's offers the higher dividend yield (7.45% vs 3.06%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ALX | ESRT |
|---|---|---|
| Share price | $241.48 | $4.58 |
| Market cap | $1.23B | $1.40B |
| 1-day change | +0.14% | +2.46% |
| YTD return | +10.80% | -31.44% |
| 1-year return | +0.46% | -42.40% |
| 5-year return | -13.03% | -59.07% |
| P/E ratio (TTM) | 7.30 | 229.00 |
| Forward P/E | 18.56 | 76.33 |
| EPS (TTM) | $33.06 | $0.02 |
| Dividend yield | 7.45% | 3.06% |
| Annual dividend | $18.00 | $0.14 |
| 52-week high | $289.43 | $8.04 |
| 52-week low | $201.28 | $3.93 |
| Distance from 52-week high | -16.57% | -43.03% |
| Analyst consensus | none | hold |
| Avg. price target upside | -12.21% | +17.90% |
| Average volume | 36.84K | 3.18M |
| Shares outstanding | 5.11M | 172.17M |
| Employees | 103 | 642 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ALX has outperformed ESRT by 42.9 percentage points over the past year.
- Empire State Realty trades at a higher earnings multiple (229.0x vs 7.3x trailing P/E).
- Alexander's offers a meaningfully higher dividend yield (7.45% vs 3.06%).
About Alexander's
ALX stock →Alexander's, Inc. is a real estate investment trust (REIT) engaged in leasing, managing, developing and redeveloping properties.
Real Estate · Real Estate Investment Trusts · 103 employees
About Empire State Realty
ESRT stock →Empire State Realty Trust, Inc. is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets.
Real Estate · Real Estate Investment Trusts · 642 employees
ALX vs ESRT FAQ
Which is bigger, Alexander's or Empire State Realty?
Empire State Realty (ESRT) is larger, with a market capitalization of $1.40B compared with $1.23B for Alexander's (ALX).
Which stock has performed better over the past year, ALX or ESRT?
ALX returned +0.46% over the past 12 months, compared with -42.40% for ESRT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ALX or ESRT?
ALX has the lower trailing P/E at 7.3, versus 229.0 for ESRT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Alexander's or Empire State Realty?
Alexander's has the higher yield at 7.45%, compared with 3.06% for Empire State Realty.
Are Alexander's and Empire State Realty in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.