Jefferies Financial Group Cuts Alexandria Real Estate Equities (NYSE:ARE) Price Target to $46.00

Key Points

• Jefferies lowered Alexandria Real Estate Equities’ price target to $46 from $47 and maintained a “hold” rating, implying roughly 11.2% downside from the stock’s $51.80 opening price.
• Analyst sentiment remains cautious: ARE has a consensus “Reduce” rating, with two Buy, ten Hold, and four Sell ratings, and an average price target of $53.38.
• The REIT reported a quarterly loss of $0.43 per share versus expectations for $0.09 earnings, while revenue declined 13% year over year. Two executives also recently sold shares, though institutional investors own 96.54% of the stock.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) had its price objective decreased by equities researchers at Jefferies Financial Group from $47.00 to $46.00 in a report released on Thursday. The brokerage currently has a "hold" rating on the real estate investment trust's stock. Jefferies Financial Group's price objective points to a potential downside of 11.20% from the company's current price.

A number of other equities research analysts have also recently commented on the stock. Zacks Research upgraded shares of Alexandria Real Estate Equities from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 19th. JPMorgan Chase & Co. lowered Alexandria Real Estate Equities from a "neutral" rating to an "underweight" rating and set a $56.00 price objective for the company. in a research note on Thursday. Citigroup increased their target price on Alexandria Real Estate Equities from $42.00 to $50.00 and gave the stock a "neutral" rating in a research report on Monday, August 10th. BMO Capital Markets boosted their price target on 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. Finally, Evercore restated an "outperform" rating and issued a $59.00 price target on shares of Alexandria Real Estate Equities in a research note on Monday. Two analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Reduce" and a consensus price target of $53.38.

Alexandria Real Estate Equities Stock Performance

ARE stock opened at $51.80 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.19 and a quick ratio of 0.19. Alexandria Real Estate Equities has a 1 year low of $39.41 and a 1 year high of $86.74. The company has a market cap of $9.03 billion, a P/E ratio of -8.55 and a beta of 1.15. The stock's fifty day moving average price is $51.26 and its 200-day moving average price is $49.36.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.52). The business had revenue of $662.78 million during the quarter, compared to the consensus estimate of $464.86 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.Alexandria Real Estate Equities's revenue for the quarter was down 13.0% on a year-over-year basis. During the same quarter last year, the company earned $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, equities analysts forecast that Alexandria Real Estate Equities will post 6.39 earnings per share for the current year.

Insider Activity

In related news, EVP Kristina Fukuzaki-Carlson sold 16,810 shares of the company's stock in a transaction on Friday, September 11th. The shares were sold at an average price of $50.51, for a total transaction of $849,073.10. Following the sale, the executive vice president owned 39,152 shares of the company's stock, valued at $1,977,567.52. This represents a 30.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Andres Gavinet sold 10,000 shares of the stock in a transaction on Monday, August 31st. The shares were sold at an average price of $50.93, for a total transaction of $509,300.00. Following the transaction, the chief accounting officer owned 102,516 shares of the company's stock, valued at $5,221,139.88. This trade represents a 8.89% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.35% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ARE. BlackRock Inc. bought a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at approximately $1,146,423,000. Norges Bank purchased a new stake in Alexandria Real Estate Equities during the 4th quarter valued at $805,429,000. Geode Capital Management LLC lifted its position in Alexandria Real Estate Equities by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 4,459,453 shares of the real estate investment trust's stock worth $217,466,000 after buying an additional 48,490 shares during the last quarter. Capital World Investors boosted its stake in Alexandria Real Estate Equities by 0.8% during the fourth quarter. Capital World Investors now owns 3,720,956 shares of the real estate investment trust's stock worth $182,104,000 after buying an additional 29,575 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in Alexandria Real Estate Equities by 52.7% during the 4th 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. Institutional investors own 96.54% of the company's stock.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc NYSE: ARE is a real estate investment trust that owns, operates and develops collaborative life science, agtech and advanced technology campuses. The company provides specialized laboratory, research and office space designed to support organizations working in biotechnology, pharmaceuticals, medical devices, diagnostics, agriculture and related technology fields.

Founded in 1994, Alexandria focuses on properties located in established innovation clusters, where its campuses bring together research institutions, universities, hospitals, government agencies, start-ups and established companies.

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