Alexandria Real Estate Equities (NYSE:ARE) Price Target Cut to $63.00 by Analysts at JPMorgan Chase & Co.

Alexandria Real Estate Equities (NYSE:ARE) had its price target lowered by JPMorgan Chase & Co. from $65.00 to $63.00 in a report released on Wednesday morning,Benzinga reports. The firm currently has a neutral rating on the real estate investment trust’s stock.

ARE has been the topic of several other reports. Evercore ISI dropped their price target on shares of Alexandria Real Estate Equities from $72.00 to $64.00 and set an “outperform” rating on the stock in a research report on Thursday, December 4th. Citizens Jmp cut shares of Alexandria Real Estate Equities from an “outperform” rating to a “market perform” rating in a report on Thursday, November 13th. Cantor Fitzgerald set a $46.00 target price on shares of Alexandria Real Estate Equities in a research note on Monday, January 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Wednesday, October 8th. Finally, BNP Paribas lowered Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 price objective on the stock. in a research note on Wednesday, October 1st. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $68.44.

Alexandria Real Estate Equities Stock Performance

ARE opened at $56.13 on Wednesday. The business’s 50-day simple moving average is $50.43 and its 200 day simple moving average is $68.22. Alexandria Real Estate Equities has a 52-week low of $44.10 and a 52-week high of $105.14. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.24 and a current ratio of 0.24. The firm has a market capitalization of $9.70 billion, a PE ratio of -22.72, a PEG ratio of 6.57 and a beta of 1.31.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $2.22 earnings per share for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.09). Alexandria Real Estate Equities had a negative net margin of 13.43% and a negative return on equity of 1.89%. The company had revenue of $751.94 million during the quarter, compared to the consensus estimate of $752.90 million. During the same quarter in the prior year, the business earned $2.37 earnings per share. The firm’s revenue for the quarter was down 5.0% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. As a group, sell-side analysts expect that Alexandria Real Estate Equities will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Wednesday, December 31st. Alexandria Real Estate Equities’s payout ratio is currently -116.60%.

Alexandria Real Estate Equities declared that its Board of Directors has authorized a share buyback program on Monday, December 8th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to buy up to 6.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other news, Director Sheila K. Mcgrath purchased 3,100 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Wednesday, December 10th. The stock was acquired at an average cost of $45.60 per share, for a total transaction of $141,360.00. Following the purchase, the director directly owned 8,392 shares of the company’s stock, valued at $382,675.20. This trade represents a 58.58% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.08% of the company’s stock.

Institutional Investors Weigh In On Alexandria Real Estate Equities

A number of hedge funds and other institutional investors have recently modified their holdings of ARE. Sound Income Strategies LLC bought a new stake in shares of Alexandria Real Estate Equities in the second quarter valued at about $25,000. Loomis Sayles & Co. L P acquired a new stake in Alexandria Real Estate Equities in the 2nd quarter worth about $27,000. American National Bank & Trust bought a new stake in Alexandria Real Estate Equities in the 2nd quarter valued at about $29,000. Avalon Trust Co acquired a new position in shares of Alexandria Real Estate Equities during the 3rd quarter worth approximately $29,000. Finally, Cornerstone Planning Group LLC grew its position in shares of Alexandria Real Estate Equities by 5,916.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 355 shares in the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities News Roundup

Here are the key news stories impacting Alexandria Real Estate Equities this week:

• Positive Sentiment: JPMorgan trimmed its price target from $65 to $63 but kept a “neutral” rating, leaving a mid‑teens percentage of implied upside from current levels — this can support buyers viewing the sell‑off as an entry point. Read More.
• Neutral Sentiment: Multiple shareholder‑rights firms (Faruqi & Faruqi, Pomerantz, Rosen, Glancy, Schall and others) have issued investor notices and reminders about the Jan. 26 lead‑plaintiff deadline — these are informational solicitations that increase litigation activity but are not verdicts or regulatory findings. Read More.
• Negative Sentiment: At least one securities‑fraud class action has been publicly filed alleging misstatements and impairment‑charge issues tied to a prior stock drop; lead‑plaintiff filings and multiple competing law‑firm solicitations heighten the company’s legal and financial uncertainty. Read More.
• Negative Sentiment: Numerous additional firms (DJS, Kahn Swick & Foti, Portnoy, Rosen, Glancy, etc.) are publicizing similar suits/investigations and the same Jan. 26 deadline, which can prolong headline risk, increase defense costs, and keep downward pressure on sentiment until legal clarity emerges. Read More.

About Alexandria Real Estate Equities

Alexandria Real Estate Equities, Inc (NYSE: ARE) is a real estate investment trust specializing in the ownership, development and management of collaborative life science and technology campuses. The company’s properties are designed to support research and innovation by providing specialized laboratory, office and manufacturing space tailored to biotechnology, pharmaceutical, academic and related industries.

Since its founding in 1994, Alexandria has cultivated a diversified portfolio of campuses across leading innovation clusters in North America and Europe.