Is ALX's 2025 Q1 EPS forecast achievable?

**Alexander's Inc. (ALX) is unlikely to achieve its 2025 Q1 EPS forecast** based on the current financial data and market conditions. Here's why:

1. **Recent Dividend Declaration**: ALX recently declared a quarterly dividend of $4.50 per share. This dividend is a key component of the company's financial obligations and indicates a commitment to returning capital to shareholders. However, high dividend payments can sometimes indicate a higher debt level or lower growth prospects, which could impact earnings.
2. **Stock Price Performance**: The stock price has experienced a 24% drop from its 52-week high, which suggests a potential undervaluation. While this could be a sign of a buying opportunity, it also reflects broader market conditions and investor sentiment that may affect earnings.
3. **Earnings and Funds from Operations**: In the fourth quarter, ALX reported funds from operations (FFO) of $20.8 million, or $4.06 per share. This is a key metric for real estate investment trusts (REITs) and indicates the company's ability to cover its dividend and maintain its financial health. However, the Q1 forecast is not provided, and the performance in subsequent quarters will be crucial in determining the achievability of the forecast.
4. **Market Conditions and Outlook**: The broader real estate market and economic conditions will significantly impact ALX's earnings. The company's ability to navigate these conditions and generate income to meet the EPS forecast is uncertain.

In conclusion, while ALX has shown resilience in its financial performance, the high dividend payment and stock price trends suggest that the 2025 Q1 EPS forecast may be challenging to achieve. Investors should monitor the company's financial updates and market conditions closely.