Alexandria Real Estate Equities, Inc. (NYSE:ARE) Receives Consensus Rating of “Hold” from Analysts

Alexandria Real Estate Equities, Inc. (NYSE:ARE) has been given a consensus rating of “Hold” by the seventeen research firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $65.7333.

A number of equities research analysts have issued reports on the stock. BMO Capital Markets lifted their target price on shares of Alexandria Real Estate Equities from $60.00 to $65.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. BNP Paribas Exane cut their price objective on shares of Alexandria Real Estate Equities from $72.00 to $50.00 and set an “underperform” rating on the stock in a research report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft boosted their price target on Alexandria Real Estate Equities from $53.00 to $55.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $60.00 target price on shares of Alexandria Real Estate Equities in a research note on Tuesday, February 10th. Finally, Jefferies Financial Group boosted their price objective on Alexandria Real Estate Equities from $47.00 to $57.00 and gave the stock a “hold” rating in a research report on Friday, January 30th.

Insider Activity

In other news, Director Sheila K. Mcgrath bought 3,100 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were acquired 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 directly owned 8,392 shares in the company, valued at $382,675.20. This represents a 58.58% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Joel S. Marcus acquired 25,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were purchased at an average cost of $53.92 per share, for a total transaction of $1,348,000.00. Following the acquisition, the chairman directly owned 562,724 shares in the company, valued at $30,342,078.08. This represents a 4.65% increase in their position. The SEC filing for this purchase provides additional information. 1.15% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank bought a new position in Alexandria Real Estate Equities during the 2nd quarter valued at about $1,195,306,000. Invesco Ltd. boosted its stake in Alexandria Real Estate Equities by 57.9% in the fourth quarter. Invesco Ltd. now owns 6,033,304 shares of the real estate investment trust’s stock worth $295,270,000 after purchasing an additional 2,211,424 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Alexandria Real Estate Equities by 1,022.1% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,813,955 shares of the real estate investment trust’s stock worth $151,175,000 after buying an additional 1,652,298 shares in the last quarter. Freestone Grove Partners LP bought a new position in shares of Alexandria Real Estate Equities in the fourth quarter worth about $72,144,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of Alexandria Real Estate Equities by 52.7% during 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 last quarter. 96.54% of the stock is owned by institutional investors.

Alexandria Real Estate Equities Price Performance

ARE opened at $53.65 on Monday. Alexandria Real Estate Equities has a 12-month low of $44.10 and a 12-month high of $105.14. The firm has a market capitalization of $9.30 billion, a P/E ratio of -6.36, a PEG ratio of 6.52 and a beta of 1.31. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.65. The stock has a fifty day moving average of $53.04 and a 200-day moving average of $63.89.

Alexandria Real Estate Equities (NYSE:ARE) last issued its earnings results on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.01. The company had revenue of $754.41 million for the quarter, compared to the consensus estimate 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 quarterly revenue was down 4.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. Equities analysts forecast that Alexandria Real Estate Equities will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 5.4%. The ex-dividend date was Wednesday, December 31st. Alexandria Real Estate Equities’s dividend payout ratio is presently -34.12%.

Alexandria Real Estate Equities announced that its Board of Directors has authorized a share repurchase plan on Monday, December 8th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the real estate investment trust to purchase up to 6.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

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.