Alexandria Real Estate Equities (NYSE:ARE) Issues Quarterly Earnings Results

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) released its quarterly earnings results on Monday. The real estate investment trust reported $2.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.28 by $0.02, Zacks reports. The firm had revenue of $758.16 million for the quarter, compared to analyst estimates of $755.64 million. Alexandria Real Estate Equities had a return on equity of 1.43% and a net margin of 10.36%. The business's revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the company posted $2.35 earnings per share. Alexandria Real Estate Equities updated its FY 2025 guidance to 9.160-9.360 EPS.

Alexandria Real Estate Equities Price Performance

Alexandria Real Estate Equities stock traded up $1.02 during mid-day trading on Friday, hitting $74.44. 1,389,066 shares of the company were exchanged, compared to its average volume of 1,206,179. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.21 and a quick ratio of 0.21. Alexandria Real Estate Equities has a 12-month low of $70.57 and a 12-month high of $130.14. The business's 50 day simple moving average is $88.13 and its two-hundred day simple moving average is $98.31. The company has a market capitalization of $12.88 billion, a P/E ratio of 41.36, a PEG ratio of 3.93 and a beta of 1.27.

Alexandria Real Estate Equities Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a yield of 7.09%. The ex-dividend date was Monday, March 31st. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently 694.74%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on ARE shares. StockNews.com raised shares of Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a report on Thursday, April 3rd. JMP Securities reaffirmed a "market outperform" rating and set a $130.00 price objective on shares of Alexandria Real Estate Equities in a report on Wednesday. Wedbush restated a "neutral" rating and set a $104.00 target price on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. Finally, Jefferies Financial Group began coverage on shares of Alexandria Real Estate Equities in a report on Monday, March 17th. They issued a "hold" rating and a $100.00 price target for the company. Ten investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $118.60.

Alexandria Real Estate Equities Company Profile

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.