Alexandria Real Estate Equities (NYSE:ARE) Receives Sell (D) Rating from Weiss Ratings

Key Points

• Weiss Ratings has reiterated a "sell (D)" rating for Alexandria Real Estate Equities (NYSE:ARE), indicating a cautious outlook on the stock.
• Recent target price adjustments from various analysts range from $82.00 to $100.00, reflecting differing views on the company's future performance.
• Alexandria Real Estate Equities reported $737.28 million in revenue for its latest quarter, slightly below analyst estimates, with a drop in year-over-year revenue.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report)'s stock had its "sell (d)" rating reiterated by equities researchers at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Several other analysts also recently issued reports on ARE. BMO Capital Markets assumed coverage on shares of Alexandria Real Estate Equities in a report on Tuesday, September 23rd. They set an "outperform" rating and a $100.00 price objective for the company. BNP Paribas Exane reissued an "underperform" rating on shares of Alexandria Real Estate Equities in a report on Wednesday, October 1st. Mizuho reduced their target price on shares of Alexandria Real Estate Equities from $121.00 to $91.00 in a research note on Thursday, June 12th. Cantor Fitzgerald set a $88.00 price target on shares of Alexandria Real Estate Equities and gave the company a "neutral" rating in a research report on Wednesday, October 1st. Finally, BNP Paribas downgraded shares of Alexandria Real Estate Equities from a "hold" rating to a "strong sell" rating and set a $82.00 target price on the stock. in a report on Wednesday, October 1st. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, Alexandria Real Estate Equities currently has an average rating of "Hold" and a consensus price target of $96.47.

Alexandria Real Estate Equities Stock Performance

Shares of Alexandria Real Estate Equities stock traded down $2.32 during trading hours on Wednesday, reaching $75.77. The company's stock had a trading volume of 1,782,701 shares, compared to its average volume of 1,565,175. The stock has a market cap of $13.10 billion, a P/E ratio of -582.96, a price-to-earnings-growth ratio of 6.72 and a beta of 1.31. The company's 50 day simple moving average is $80.97 and its 200 day simple moving average is $78.13. Alexandria Real Estate Equities has a one year low of $67.37 and a one year high of $123.10. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.23 and a current ratio of 0.23.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $2.33 EPS for the quarter, topping analysts' consensus estimates of $2.29 by $0.04. The company had revenue of $737.28 million for the quarter, compared to the consensus estimate of $748.02 million. Alexandria Real Estate Equities had a negative net margin of 0.33% and a negative return on equity of 0.05%. Alexandria Real Estate Equities's revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.36 EPS. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. As a group, analysts expect that Alexandria Real Estate Equities will post 9.32 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Tsfg LLC bought a new stake in shares of Alexandria Real Estate Equities during the first quarter valued at approximately $30,000. Sound Income Strategies LLC bought a new stake in shares of Alexandria Real Estate Equities during the second quarter valued at approximately $25,000. Avalon Trust Co bought a new stake in shares of Alexandria Real Estate Equities during the first quarter valued at approximately $32,000. TruNorth Capital Management LLC bought a new stake in shares of Alexandria Real Estate Equities during the first quarter valued at approximately $34,000. Finally, Loomis Sayles & Co. L P bought a new stake in Alexandria Real Estate Equities in the second quarter worth $27,000. Institutional investors own 96.54% of the company's stock.

About Alexandria Real Estate Equities

Alexandria Real Estate Equities, Inc NYSE: ARE, an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.

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