Alexandria Real Estate Equities (NYSE:ARE) Given New $55.00 Price Target at Deutsche Bank Aktiengesellschaft

Alexandria Real Estate Equities (NYSE:ARE) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from $53.00 to $55.00 in a research note released on Monday morning,MarketScreener reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the real estate investment trust’s stock.

Other equities analysts have also issued reports about the company. Citigroup lowered their target price on Alexandria Real Estate Equities from $61.00 to $52.00 and set a “neutral” rating on the stock in a research report on Thursday, December 4th. Evercore ISI upped their price objective on shares of Alexandria Real Estate Equities from $64.00 to $67.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Robert W. Baird dropped their price objective on shares of Alexandria Real Estate Equities from $73.00 to $67.00 and set an “outperform” rating on the stock in a research note on Thursday, December 4th. Zacks Research raised shares of Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 29th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 21st. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $66.57.

Alexandria Real Estate Equities Price Performance

ARE stock opened at $54.19 on Monday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.23 and a quick ratio of 0.23. The company’s 50-day moving average is $51.67 and its 200-day moving average is $66.32. The stock has a market capitalization of $9.39 billion, a PE ratio of -6.42, a price-to-earnings-growth ratio of 6.59 and a beta of 1.31. Alexandria Real Estate Equities has a 1 year low of $44.10 and a 1 year high of $105.14.

Alexandria Real Estate Equities (NYSE:ARE) last issued its earnings results on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $2.15 by $0.01. The business had revenue of $754.41 million during the quarter, compared to analyst estimates of $742.64 million. Alexandria Real Estate Equities had a negative return on equity of 6.82% and a negative net margin of 47.23%.The firm’s revenue was down 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. Equities research analysts expect that Alexandria Real Estate Equities will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.88 annualized dividend and a dividend yield of 5.3%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently -34.12%.

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

Insider Activity at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, Director Sheila K. Mcgrath purchased 3,100 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The stock was bought at an average cost of $45.60 per share, with a total value of $141,360.00. Following the completion of the transaction, the director owned 8,392 shares of the company’s stock, valued at $382,675.20. The trade was a 58.58% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.15% of the company’s stock.

Institutional Investors Weigh In On Alexandria Real Estate Equities

Large investors have recently made changes to their positions in the business. Avalon Trust Co bought a new position in Alexandria Real Estate Equities during the third quarter valued at about $29,000. Cornerstone Planning Group LLC boosted its stake in Alexandria Real Estate Equities by 5,916.7% in the third quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 355 shares during the last quarter. BOKF NA grew its position in shares of Alexandria Real Estate Equities by 6,033.3% during the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 362 shares during the period. Loomis Sayles & Co. L P bought a new position in shares of Alexandria Real Estate Equities during the 2nd quarter valued at approximately $27,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter worth approximately $30,000. 96.54% of the stock is owned by hedge funds and other institutional investors.

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.