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Alexandria Real Estate Equities (ARE)
NYSE:ARE
Holding ARE?
Track your performance easily
ARE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$90.73 - $135.45
Previous Close$124.01
Volume78.35K
Average Volume (3M)922.49K
Market Cap
$21.58B
Enterprise Value$37.96B
Total Cash (Recent Filing)$561.02M
Total Debt (Recent Filing)$12.42B
Price to Earnings (P/E)153.8
Beta1.18
Next Earnings
Oct 21, 2024EPS Estimate
$0.88Next Dividend Ex-Date
Sep 30, 2024Dividend Yield4.07%
Share Statistics
EPS (TTM)0.81
Shares Outstanding174,926,073
10 Day Avg. Volume999,244
30 Day Avg. Volume922,487
Standard Deviation0.08
R-Squared0.56
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.19
Price to Sales (P/S)7.20
Price to Cash Flow (P/CF)13.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.63
Enterprise Value/Gross Profit18.73
Enterprise Value/Ebitda30.27
Forecast
1Y Price Target
$129.75Price Target Upside5.19% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Alexandria Equities News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceARE exceeded 2Q24 Core FFO expectations, achieving $2.36 per share compared to the consensus estimate of $2.34.
Macro EnvironmentDeclining supply and expected Fed rate cuts create a positive long-term outlook for the biopharma sector.
Portfolio GrowthThe faster pace of non-core sales is expected to significantly boost the growth of mega-campuses, increasing their portfolio share from 74% to over 90% in a few years.
Bears Say
Dilutive Building SaleThe dilutive sale of a building in NYC to fund development capital needs.
Leasing DemandDespite improvements in biotech funding, no imminent inflection in leasing demand is anticipated.
Tenant Move-OutThe move-out of three tenants (600K SF) in 2025, with 12-24 months of expected downtime.
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Ownership Overview
1.59% Insiders
29.28% Mutual Funds
44.81% Other Institutional Investors
24.31% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ARE FAQ
What was Alexandria Real Estate Equities’s price range in the past 12 months?
Alexandria Real Estate Equities lowest stock price was $90.73 and its highest was $135.44 in the past 12 months.
What is Alexandria Real Estate Equities’s market cap?
Currently, no data Available
When is Alexandria Real Estate Equities’s upcoming earnings report date?
Alexandria Real Estate Equities’s upcoming earnings report date is Oct 21, 2024 which is in 33 days.
How were Alexandria Real Estate Equities’s earnings last quarter?
Alexandria Real Estate Equities released its earnings results on Jul 22, 2024. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.872 by -$0.622.
Is Alexandria Real Estate Equities overvalued?
According to Wall Street analysts Alexandria Real Estate Equities’s price is currently Undervalued.
Does Alexandria Real Estate Equities pay dividends?
Alexandria Real Estate Equities pays a Quarterly dividend of $1.3 which represents an annual dividend yield of 4.07%. See more information on Alexandria Real Estate Equities dividends here
What is Alexandria Real Estate Equities’s EPS estimate?
Alexandria Real Estate Equities’s EPS estimate is $0.88.
How many shares outstanding does Alexandria Real Estate Equities have?
Alexandria Real Estate Equities has 174,926,070 shares outstanding.
What happened to Alexandria Real Estate Equities’s price movement after its last earnings report?
Alexandria Real Estate Equities reported an EPS of $0.25 in its last earnings report, missing expectations of $0.872. Following the earnings report the stock price went down -3.52%.
Which hedge fund is a major shareholder of Alexandria Real Estate Equities?
Among the largest hedge funds holding Alexandria Real Estate Equities’s share is Davis Selected Advisers. It holds Alexandria Real Estate Equities’s shares valued at 17M.
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Alexandria Equities Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$129.75 (5.19% Upside)
$129.75 (5.19% Upside)
Blogger Sentiment
Bullish
ARE Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 109.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 5.4%
Last 30 Days ▲ 5.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.94%
12-Months-Change
Fundamentals
Return on Equity
0.75%
Trailing 12-Months
Asset Growth
3.24%
Trailing 12-Months
Company Description
Alexandria Real Estate Equities
Alexandria Real Estate Equities, Inc. is an urban office real estate investment trust, which engages in the ownership, operation, development, and redevelopment of life science and technology properties. It also provides a space for lease to the life science and technology industries which are primarily located in AAA urban innovation cluster locations.
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ARE Earnings Call
Q2 2024
0:00 / 0:00
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ARE Revenue Breakdown
98.50% Income from rentals
1.50% Other
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ARE Stock 12 Month Forecast
Average Price Target
$129.75
▲(5.19% Upside)
Technical Analysis
Best Analysts Covering ARE
1 Year
1 Year Success Rate
16/25 ratings generated profit
1 Year Average Return
+4.42%
assigned a buy rating 2 months ago
Copying Michael Carroll's trades and holding each position for 1 Year would result in 64.00% of your transactions generating a profit, with an average return of +4.42% per trade.
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