Alexandria Real Estate Equities, Inc. (NYSE:ARE) Receives $51.23 Consensus PT from Analysts

Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) have received an average rating of “Hold” from the sixteen analysts that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $51.2308.

A number of research analysts recently issued reports on the company. Wall Street Zen upgraded Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Monday, April 20th. BNP Paribas Exane decreased their price objective on Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating for the company in a report on Tuesday, April 28th. BMO Capital Markets reiterated a “market perform” rating and set a $52.00 price objective (down from $65.00) on shares of Alexandria Real Estate Equities in a report on Wednesday, March 25th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $46.00 price objective (down from $67.00) on shares of Alexandria Real Estate Equities in a report on Monday, May 4th.

Insider Buying and Selling

In related news, Chairman Joel S. Marcus purchased 7,500 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average cost of $42.72 per share, with a total value of $320,400.00. Following the completion of the transaction, the chairman owned 587,724 shares of the company’s stock, valued at approximately $25,107,569.28. This trade represents a 1.29% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Gregory Calvin Thomas purchased 3,500 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average cost of $41.00 per share, with a total value of $143,500.00. Following the completion of the transaction, the executive vice president directly owned 33,024 shares of the company’s stock, valued at approximately $1,353,984. The trade was a 11.85% increase in their position. The SEC filing for this purchase provides additional information. 1.35% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ARE. Norges Bank acquired a new position in Alexandria Real Estate Equities during the fourth quarter valued at approximately $805,429,000. Invesco Ltd. boosted its position in Alexandria Real Estate Equities by 57.9% during the fourth quarter. Invesco Ltd. now owns 6,033,304 shares of the real estate investment trust’s stock valued at $295,270,000 after purchasing an additional 2,211,424 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Alexandria Real Estate Equities by 1,022.1% during the third 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 valued at $151,175,000 after purchasing an additional 1,652,298 shares during the last quarter. Freestone Grove Partners LP acquired a new position in Alexandria Real Estate Equities during the fourth quarter valued at approximately $72,144,000. Finally, Goldman Sachs Group Inc. boosted its position in 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 and hedge funds.

Alexandria Real Estate Equities Stock Up 0.1%

Shares of Alexandria Real Estate Equities stock opened at $51.31 on Wednesday. Alexandria Real Estate Equities has a 1 year low of $39.41 and a 1 year high of $88.24. The business has a 50-day moving average of $46.51 and a two-hundred day moving average of $49.91. The company has a market capitalization of $8.94 billion, a P/E ratio of -8.18, a price-to-earnings-growth ratio of 6.21 and a beta of 1.19. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.73. The business had revenue of $671.02 million during the quarter, compared to the consensus estimate of $684.78 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.03%.Alexandria Real Estate Equities’s quarterly revenue was down 11.5% on a year-over-year basis. During the same period last year, the company earned $2.30 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. As a group, equities analysts predict that Alexandria Real Estate Equities will post 6.4 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.72 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.6%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -45.93%.

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.