Royal Bank Of Canada reiterated their sector perform rating on shares of Alexandria Real Estate Equities (NYSE:ARE – Free Report) in a research report released on Tuesday morning,Benzinga reports. Royal Bank Of Canada currently has a $60.00 price objective on the real estate investment trust’s stock.
Several other equities research analysts have also issued reports on the stock. Mizuho lowered their target price on shares of Alexandria Real Estate Equities from $91.00 to $70.00 and set an “outperform” rating on the stock in a research note on Friday, January 9th. BMO Capital Markets raised their price objective on Alexandria Real Estate Equities from $60.00 to $65.00 and gave the company an “outperform” rating in a report on Monday, January 26th. Evercore upped their target price on Alexandria Real Estate Equities from $64.00 to $67.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. Morgan Stanley dropped their price target on shares of Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, Weiss Ratings restated 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, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Alexandria Real Estate Equities has a consensus rating of “Hold” and a consensus price target of $65.73.
Read Our Latest Research Report on ARE
Alexandria Real Estate Equities Stock Up 1.3%
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last released its quarterly earnings data on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, topping the consensus estimate of $2.15 by $0.01. Alexandria Real Estate Equities had a negative return on equity of 6.82% and a negative net margin of 47.23%.The business had revenue of $754.41 million for the quarter, compared to analyst estimates of $742.64 million. During the same quarter in the prior year, the firm posted $2.39 EPS. The business’s quarterly revenue was down 4.4% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, sell-side analysts anticipate that Alexandria Real Estate Equities will post 9.32 earnings per share for the current year.
Alexandria Real Estate Equities Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid 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 yield of 5.1%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -34.12%.
Alexandria Real Estate Equities declared that its board has authorized a share repurchase program on Monday, December 8th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the real estate investment trust to purchase up to 6.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its stock is undervalued.
Insider Buying and Selling at Alexandria Real Estate Equities
In other news, Director Sheila K. Mcgrath purchased 3,100 shares of the stock in a transaction dated 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 completion of the transaction, the director directly owned 8,392 shares in the company, valued at approximately $382,675.20. This represents a 58.58% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 1.15% of the stock is currently owned by corporate insiders.
Institutional Trading of Alexandria Real Estate Equities
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Alexandria Real Estate Equities in the second quarter valued at approximately $1,195,306,000. State Street Corp grew its stake in shares of Alexandria Real Estate Equities by 3.7% in the third quarter. State Street Corp now owns 11,273,031 shares of the real estate investment trust’s stock worth $954,117,000 after acquiring an additional 399,286 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Alexandria Real Estate Equities by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 4,459,453 shares of the real estate investment trust’s stock worth $217,466,000 after acquiring an additional 48,490 shares during the period. Invesco Ltd. raised its stake in shares of Alexandria Real Estate Equities by 4.0% in the third quarter. Invesco Ltd. now owns 3,821,880 shares of the real estate investment trust’s stock valued at $318,516,000 after acquiring an additional 145,562 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Alexandria Real Estate Equities by 52.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,582,387 shares of the real estate investment trust’s stock valued at $175,322,000 after purchasing an additional 1,236,781 shares during the period. 96.54% of the stock is currently owned by hedge funds and other institutional investors.
Alexandria Real Estate Equities News Summary
Here are the key news stories impacting Alexandria Real Estate Equities this week:
- Positive Sentiment: Alexandria priced a $750 million offering of 5.25% senior notes due 2036, showing clear access to the debt markets and providing liquidity to refinance or fund operations. This supports near-term financing flexibility. Article Title
- Positive Sentiment: The company announced early results and an upsizing of cash tender offers to purchase portions of its long‑dated 2050–2052 notes, indicating proactive liability management and investor demand to exchange or retire older paper. That can improve the maturity profile and demonstrate market confidence. Article Title
- Positive Sentiment: Pricing terms for the tender offers were released, setting the maximum aggregate tender amount and the mechanics for accepting valid tenders — a step toward executing the liability plan and replacing very long‑dated low‑coupon notes. Article Title
- Positive Sentiment: Royal Bank of Canada reaffirmed a sector‑perform rating with a $60 price target, providing modest analyst support and signaling some upside from current levels. Article Title
- Neutral Sentiment: Earlier in the day Alexandria announced an underwritten public offering of senior notes (the formal launch prior to pricing) — a standard capital-markets process that preceded the priced deal. Article Title
- Negative Sentiment: Morgan Stanley lowered its price target to $54 from $55 and maintained an equal‑weight rating, which is a near‑term headwind for sentiment and implies downside vs. current levels. Analyst downgrades/tighter PTs can pressure the stock. Article Title
- Negative Sentiment: A critical Seeking Alpha piece highlighted weakening fundamentals, sector headwinds and policy uncertainty that have damaged the REIT thesis for some investors — commentary that may exacerbate selling by sentiment‑driven holders. Article Title
- Negative Sentiment: A lawsuit notification was circulated by the Shareholders Foundation for investors who purchased ARE prior to Jan 27, 2025, creating legal overhang and potential liability or distraction — a negative risk factor for shareholders. Article Title
Alexandria Real Estate Equities Company Profile
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.
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