Evercore Has Lowered Expectations for Alexandria Real Estate Equities (NYSE:ARE) Stock Price

Alexandria Real Estate Equities (NYSE:ARE) had its price target decreased by investment analysts at Evercore from $67.00 to $65.00 in a research note issued to investors on Monday,MarketScreener reports. The firm currently has an “outperform” rating on the real estate investment trust’s stock. Evercore’s price target would suggest a potential upside of 47.55% from the stock’s current price.

ARE has been the topic of a number of other research reports. Cantor Fitzgerald lifted their price target on shares of Alexandria Real Estate Equities from $46.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $52.00 price target (down from $65.00) on shares of Alexandria Real Estate Equities in a report on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Alexandria Real Estate Equities from $53.00 to $55.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Royal Bank Of Canada reissued a “sector perform” rating and set a $60.00 target price on shares of Alexandria Real Estate Equities in a report on Tuesday, February 10th. Finally, Jefferies Financial Group boosted their target price on shares of Alexandria Real Estate Equities from $47.00 to $57.00 and gave the company a “hold” rating in a report on Friday, January 30th. Three equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Alexandria Real Estate Equities currently has an average rating of “Hold” and an average target price of $64.33.

Alexandria Real Estate Equities Trading Up 2.3%

NYSE:ARE opened at $44.05 on Monday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $7.63 billion, a PE ratio of -5.22, a price-to-earnings-growth ratio of 5.23 and a beta of 1.33. The firm’s 50 day moving average is $50.96 and its 200 day moving average is $56.75. Alexandria Real Estate Equities has a 12 month low of $41.44 and a 12 month high of $88.24.

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

Insider Buying and Selling at Alexandria Real Estate Equities

In other news, Chairman Joel S. Marcus purchased 25,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were purchased at an average price of $53.92 per share, with a total value of $1,348,000.00. Following the completion of the acquisition, the chairman owned 562,724 shares in the company, valued at $30,342,078.08. This trade represents a 4.65% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.15% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Hsbc Holdings PLC increased its holdings in shares of Alexandria Real Estate Equities by 92.9% in the fourth quarter. Hsbc Holdings PLC now owns 1,056,161 shares of the real estate investment trust’s stock worth $51,666,000 after purchasing an additional 508,578 shares during the period. Rockefeller Capital Management L.P. increased its holdings in shares of Alexandria Real Estate Equities by 44.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,660 shares of the real estate investment trust’s stock worth $228,000 after purchasing an additional 1,431 shares during the period. Corient Private Wealth LLC grew its position in Alexandria Real Estate Equities by 52.9% in the fourth quarter. Corient Private Wealth LLC now owns 36,557 shares of the real estate investment trust’s stock worth $1,790,000 after acquiring an additional 12,649 shares in the last quarter. Flax Pond Capital LLC purchased a new position in Alexandria Real Estate Equities in the fourth quarter worth $2,809,000. Finally, Alpine Global Management LLC purchased a new position in Alexandria Real Estate Equities in the fourth quarter worth $201,000. Institutional investors own 96.54% of the company’s stock.

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.