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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

Alexandria Real Estate Equities (ARE) Stock Price, News & Analysis

$116.51
+0.06 (+0.05%)
(As of 04/18/2024 ET)
Today's Range
$114.66
$117.48
50-Day Range
$112.77
$129.62
52-Week Range
$90.73
$135.45
Volume
1.14 million shs
Average Volume
999,827 shs
Market Capitalization
$20.38 billion
P/E Ratio
215.76
Dividend Yield
4.36%
Price Target
$137.13

Alexandria Real Estate Equities MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
17.7% Upside
$137.13 Price Target
Short Interest
Bearish
2.73% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.07
Upright™ Environmental Score
News Sentiment
1.11mentions of Alexandria Real Estate Equities in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$1.29 M Sold Last Quarter
Proj. Earnings Growth
3.48%
From $9.47 to $9.80 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.07 out of 5 stars

Finance Sector

298th out of 823 stocks

Real Estate Investment Trusts Industry

56th out of 176 stocks

ARE stock logo

About Alexandria Real Estate Equities Stock (NYSE:ARE)

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a total market capitalization of $33.1 billion and an asset base in North America of 73.5 million SF as of December 31, 2023, which includes 42.0 million RSF of operating properties, 5.5 million RSF of Class A/A+ properties undergoing construction and one near-term project expected to commence construction in the next two years, 2.1 million RSF of priority anticipated development and redevelopment projects, and 23.9 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science, agtech, and advanced technology mega campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, agrifoodtech, climate innovation, and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

ARE Stock Price History

ARE Stock News Headlines

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RBC Capital Keeps Their Buy Rating on Alexandria Equities (ARE)
Alexandria Real Estate: Great Income Pick
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Office REITs
CUSIP
01527110
Employees
568
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$137.13
High Stock Price Target
$154.00
Low Stock Price Target
$108.00
Potential Upside/Downside
+17.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$103.64 million
Pretax Margin
0.10%

Debt

Sales & Book Value

Annual Sales
$2.89 billion
Cash Flow
$6.37 per share
Book Value
$129.20 per share

Miscellaneous

Free Float
172,941,000
Market Cap
$20.37 billion
Optionable
Optionable
Beta
1.05

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Should I Buy Alexandria Real Estate Equities Stock? ARE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Alexandria Real Estate Equities, Inc.:

  • Alexandria Real Estate Equities had a revenue increase of 13.0% compared to the same quarter last year, indicating growth potential.
  • The company announced a quarterly dividend of $1.27 per share, offering a yield of 4.14%, which can provide investors with a steady income stream.
  • Insider activity shows that company insiders own 0.96% of the company's stock, indicating confidence in the company's future performance.
  • The stock price of Alexandria Real Estate Equities has been trading up, showing positive momentum in the market.
  • Analysts have issued positive ratings on the company, with price targets indicating potential growth and a "buy" recommendation.

Cons

Investors should be bearish about investing in Alexandria Real Estate Equities, Inc. for these reasons:

  • The company reported an EPS of ($0.54) for the quarter, missing analysts' consensus estimates by a significant margin, which may raise concerns about profitability.
  • Alexandria Real Estate Equities has a high dividend payout ratio (DPR) of 940.74%, which could indicate financial strain or limited reinvestment in the business.
  • Chairman and CEO selling shares of the company may signal lack of confidence in future performance or potential challenges ahead.
  • The stock has a high P/E ratio of 230.80, which may suggest the stock is overvalued compared to its earnings potential.
  • Market volatility and economic uncertainties could impact the real estate sector, affecting the company's performance and stock price.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Alexandria Real Estate Equities pros and cons to contact@marketbeat.com.

ARE Stock Analysis - Frequently Asked Questions

Should I buy or sell Alexandria Real Estate Equities stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alexandria Real Estate Equities in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ARE shares.
View ARE analyst ratings
or view top-rated stocks.

What is Alexandria Real Estate Equities' stock price target for 2024?

8 Wall Street research analysts have issued 12 month price objectives for Alexandria Real Estate Equities' shares. Their ARE share price targets range from $108.00 to $154.00. On average, they predict the company's share price to reach $137.13 in the next year. This suggests a possible upside of 17.7% from the stock's current price.
View analysts price targets for ARE
or view top-rated stocks among Wall Street analysts.

How have ARE shares performed in 2024?

Alexandria Real Estate Equities' stock was trading at $126.77 at the beginning of 2024. Since then, ARE stock has decreased by 8.1% and is now trading at $116.51.
View the best growth stocks for 2024 here
.

When is Alexandria Real Estate Equities' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our ARE earnings forecast
.

How can I listen to Alexandria Real Estate Equities' earnings call?

Alexandria Real Estate Equities will be holding an earnings conference call on Tuesday, April 23rd at 3:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1133562".

How were Alexandria Real Estate Equities' earnings last quarter?

Alexandria Real Estate Equities, Inc. (NYSE:ARE) issued its earnings results on Tuesday, January, 30th. The real estate investment trust reported ($0.54) EPS for the quarter, missing the consensus estimate of $2.29 by $2.83. The real estate investment trust earned $757.22 million during the quarter, compared to analysts' expectations of $740.16 million. Alexandria Real Estate Equities had a trailing twelve-month return on equity of 0.46% and a net margin of 3.59%. The firm's quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.14 EPS.
Read the conference call transcript
.

How often does Alexandria Real Estate Equities pay dividends? What is the dividend yield for Alexandria Real Estate Equities?

Alexandria Real Estate Equities declared a quarterly dividend on Monday, March 4th. Shareholders of record on Thursday, March 28th will be given a dividend of $1.27 per share on Monday, April 15th. This represents a $5.08 annualized dividend and a yield of 4.36%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for ARE
.

Is Alexandria Real Estate Equities a good dividend stock?

Alexandria Real Estate Equities (NYSE:ARE) pays an annual dividend of $5.08 per share and currently has a dividend yield of 4.34%. ARE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 940.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ARE will have a dividend payout ratio of 51.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARE.

What guidance has Alexandria Real Estate Equities issued on next quarter's earnings?

Alexandria Real Estate Equities updated its FY 2024 earnings guidance on Tuesday, January, 30th. The company provided earnings per share (EPS) guidance of 9.370-9.570 for the period, compared to the consensus estimate of 9.460. The company issued revenue guidance of -.

What is Peter Moglia and Steve Richardson's approval rating as Alexandria Real Estate Equities' CEO?

9 employees have rated Alexandria Real Estate Equities Chief Executive Officer Peter Moglia and Steve Richardson on Glassdoor.com. Peter Moglia and Steve Richardson has an approval rating of 100% among the company's employees. This puts Peter Moglia and Steve Richardson in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Alexandria Real Estate Equities own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alexandria Real Estate Equities investors own include AT&T (T), AbbVie (ABBV), NVIDIA (NVDA), Home Depot (HD), Cisco Systems (CSCO), Intel (INTC), Walmart (WMT), Johnson & Johnson (JNJ), American Tower (AMT) and Bank of America (BAC).

Who are Alexandria Real Estate Equities' major shareholders?

Alexandria Real Estate Equities' stock is owned by many different institutional and retail investors. Top institutional shareholders include Hazelview Securities Inc. (0.10%), Reinhart Partners LLC. (0.05%), Vert Asset Management LLC (0.04%), Sarasin & Partners LLP (0.02%), Benson Investment Management Company Inc. (0.02%) and Los Angeles Capital Management LLC (0.02%). Insiders that own company stock include Andres Gavinet, Daniel J Ryan, Daniel J Ryan, Dean A Shigenaga, Dean A Shigenaga, Gary D Dean, Hunter Kass, Jackie B Clem, James P Cain, Joel S Marcus, Joel S Marcus, John H Cunningham, Joseph Hakman, Kristina Fukuzaki-Carlson, Lawrence J Diamond, Madeleine Thorp Alsbrook, Marc E Binda, Maria C Freire, Peter M Moglia, Peter M Moglia, Real Estate Equitie Alexandria, Stephen Richardson, Terezia C Nemeth and Vincent Ciruzzi.
View institutional ownership trends
.

How do I buy shares of Alexandria Real Estate Equities?

Shares of ARE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Alexandria Real Estate Equities have any subsidiaries?
The following companies are subsidiares of Alexandria Real Estate Equities: ARE - QRS Corp, Alexandria Real Estate Equities L.P., and Alexandria Venture Investments LLC.
Read More
This page (NYSE:ARE) was last updated on 4/18/2024 by MarketBeat.com Staff

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