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

Alexandria Real Estate Equities, Inc. (NYSE:ARE) has earned a consensus recommendation of “Hold” from the sixteen analysts that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $51.6154.

A number of research firms have recently commented on ARE. BMO Capital Markets upped their price target on shares of Alexandria Real Estate Equities from $52.00 to $54.00 and gave the stock a “market perform” rating in a report on Friday, June 12th. Citigroup restated an “outperform” rating on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. JPMorgan Chase & Co. reduced their price objective on Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating on the stock in a report on Tuesday, March 10th. Evercore raised their price objective on Alexandria Real Estate Equities from $55.00 to $58.00 and gave the stock an “outperform” rating in a report on Monday, June 8th. Finally, Cantor Fitzgerald reduced their price objective on Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th.

Insider Transactions at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, CFO Marc E. Binda sold 2,000 shares of the firm’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. Following the transaction, the chief financial officer directly owned 188,264 shares in the company, valued at $10,166,256. This trade represents a 1.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Hallie E. Kuhn sold 536 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $48.20, for a total value of $25,835.20. Following the transaction, the executive vice president owned 48,301 shares in the company, valued at $2,328,108.20. The trade was a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings in shares of Alexandria Real Estate Equities by 18.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 188 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Alexandria Real Estate Equities by 0.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock valued at $1,711,000 after acquiring an additional 198 shares during the period. New Mexico Educational Retirement Board increased its holdings in shares of Alexandria Real Estate Equities by 2.9% in the 4th quarter. New Mexico Educational Retirement Board now owns 7,200 shares of the real estate investment trust’s stock valued at $352,000 after acquiring an additional 200 shares during the period. CIBC Private Wealth Group LLC increased its holdings in shares of Alexandria Real Estate Equities by 109.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 228 shares during the period. Finally, Harvest Portfolios Group Inc. increased its holdings in shares of Alexandria Real Estate Equities by 2.5% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 9,970 shares of the real estate investment trust’s stock valued at $831,000 after acquiring an additional 242 shares during the period. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Alexandria Real Estate Equities Trading Up 3.4%

NYSE ARE opened at $55.13 on Friday. The company’s 50-day moving average price is $48.66 and its 200-day moving average price is $50.03. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.65. The stock has a market cap of $9.61 billion, a PE ratio of -8.79, a PEG ratio of 6.69 and a beta of 1.19. Alexandria Real Estate Equities has a 12 month low of $39.41 and a 12 month high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, hitting analysts’ consensus estimates of $1.73. The firm had revenue of $671.02 million for the quarter, compared to analysts’ expectations of $684.78 million. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The business’s revenue for the quarter was down 11.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.30 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Equities research analysts forecast that Alexandria Real Estate Equities will post 6.4 earnings per share 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. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 5.2%. The ex-dividend date is Tuesday, June 30th. 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.