NYSE:ARE - Alexandria Real Estate Equities Stock Price, News, & Analysis

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$141.67 -0.05 (-0.04 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$141.72
Today's Range$140.4706 - $142.36
52-Week Range$109.04 - $143.55
Volume363,015 shs
Average Volume720,660 shs
Market Capitalization$15.97 billion
P/E Ratio21.47
Dividend Yield2.74%
Beta0.92
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500 company, is an urban office real estate investment trust ("REIT") uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, with a total market capitalization of $18.4 billion and an asset base in North America of 33.1 million square feet ("SF") as of December 31, 2018. The asset base in North America includes 22.4 million RSF of operating properties and 3.9 million RSF of development and redevelopment of new Class A properties currently undergoing construction and pre-construction activities with target delivery dates ranging from 2019 through 2020. Additionally, the asset base in North America includes 6.8 million SF of intermediate-term and future development projects. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle Park. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science and technology campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science and technology companies through our venture capital arm. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP01527110
Phone626-578-0777

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.33 billion
Cash Flow$7.8357 per share
Book Value$72.72 per share

Profitability

Net Income$379.31 million

Miscellaneous

Employees386
Market Cap$15.97 billion
Next Earnings Date4/29/2019 (Confirmed)
OptionableOptionable

Alexandria Real Estate Equities (NYSE:ARE) Frequently Asked Questions

What is Alexandria Real Estate Equities' stock symbol?

Alexandria Real Estate Equities trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARE."

How often does Alexandria Real Estate Equities pay dividends? What is the dividend yield for Alexandria Real Estate Equities?

Alexandria Real Estate Equities announced a quarterly dividend on Monday, March 4th. Shareholders of record on Friday, March 29th will be given a dividend of $0.97 per share on Monday, April 15th. This represents a $3.88 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date is Thursday, March 28th. View Alexandria Real Estate Equities' Dividend History.

How were Alexandria Real Estate Equities' earnings last quarter?

Alexandria Real Estate Equities Inc (NYSE:ARE) announced its earnings results on Monday, February, 4th. The real estate investment trust reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by $1.99. The real estate investment trust had revenue of $340.50 million for the quarter, compared to analyst estimates of $348.01 million. Alexandria Real Estate Equities had a net margin of 28.57% and a return on equity of 5.28%. The firm's revenue for the quarter was up 14.0% on a year-over-year basis. During the same period last year, the firm posted $1.53 EPS. View Alexandria Real Estate Equities' Earnings History.

When is Alexandria Real Estate Equities' next earnings date?

Alexandria Real Estate Equities is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Alexandria Real Estate Equities.

What guidance has Alexandria Real Estate Equities issued on next quarter's earnings?

Alexandria Real Estate Equities updated its FY19 earnings guidance on Monday, February, 4th. The company provided earnings per share guidance of $6.85-$7.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.94. Alexandria Real Estate Equities also updated its FY 2019 guidance to $6.85-7.05 EPS.

What price target have analysts set for ARE?

8 equities research analysts have issued 1 year target prices for Alexandria Real Estate Equities' shares. Their predictions range from $23.00 to $148.00. On average, they anticipate Alexandria Real Estate Equities' stock price to reach $104.00 in the next year. This suggests that the stock has a possible downside of 26.6%. View Analyst Price Targets for Alexandria Real Estate Equities.

What is the consensus analysts' recommendation for Alexandria Real Estate Equities?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alexandria Real Estate Equities in the last year. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alexandria Real Estate Equities.

Has Alexandria Real Estate Equities been receiving favorable news coverage?

Press coverage about ARE stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Alexandria Real Estate Equities earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Alexandria Real Estate Equities' key competitors?

What other stocks do shareholders of Alexandria Real Estate Equities own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alexandria Real Estate Equities investors own include Alibaba Group (BABA), Cisco Systems (CSCO), NVIDIA (NVDA), Two Harbors Investment (TWO), Micron Technology (MU), Johnson & Johnson (JNJ), Paypal (PYPL), Alphabet (GOOG), Walt Disney (DIS) and Exxon Mobil (XOM).

Who are Alexandria Real Estate Equities' key executives?

Alexandria Real Estate Equities' management team includes the folowing people:
  • Mr. Joel S. Marcus CPA, J.D., Founder & Exec. Chairman (Age 71)
  • Mr. Peter M. Moglia, Co-CEO & Co-Chief Investment Officer (Age 52)
  • Mr. Stephen A. Richardson, Co-Chief Exec. Officer (Age 58)
  • Mr. Thomas J. Andrews, Co-Pres & Regional Market Director of Greater Boston (Age 59)
  • Mr. Dean A. Shigenaga, Co-Pres & CFO (Age 52)

Who are Alexandria Real Estate Equities' major shareholders?

Alexandria Real Estate Equities' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.73%), Principal Financial Group Inc. (4.20%), PGGM Investments (2.85%), Northern Trust Corp (1.57%), Geode Capital Management LLC (1.50%) and Dimensional Fund Advisors LP (1.43%). Company insiders that own Alexandria Real Estate Equities stock include Daniel J Ryan, Dean A Shigenaga, James H Richardson, James P Cain, Jennifer Banks, Joel S Marcus, John H Cunningham, Lawrence J Diamond, Maria C Freire, Peter M Moglia, Stephen Richardson and Thomas J Andrews. View Institutional Ownership Trends for Alexandria Real Estate Equities.

Which major investors are selling Alexandria Real Estate Equities stock?

ARE stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Aviva PLC, Bank of Montreal Can, Bank of New York Mellon Corp, Two Sigma Investments LP, Nuveen Asset Management LLC, Rothschild & Co. Asset Management US Inc. and Barclays PLC. Company insiders that have sold Alexandria Real Estate Equities company stock in the last year include Daniel J Ryan, Dean A Shigenaga, James H Richardson, James P Cain, Jennifer Banks, Joel S Marcus, John H Cunningham, Lawrence J Diamond, Maria C Freire, Peter M Moglia, Stephen Richardson and Thomas J Andrews. View Insider Buying and Selling for Alexandria Real Estate Equities.

Which major investors are buying Alexandria Real Estate Equities stock?

ARE stock was purchased by a variety of institutional investors in the last quarter, including Citigroup Inc., Norges Bank, Lasalle Investment Management Securities LLC, Resolution Capital Ltd, BlackRock Inc., Westfield Capital Management Co. LP, Geode Capital Management LLC and American Century Companies Inc.. View Insider Buying and Selling for Alexandria Real Estate Equities.

How do I buy shares of Alexandria Real Estate Equities?

Shares of ARE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Alexandria Real Estate Equities' stock price today?

One share of ARE stock can currently be purchased for approximately $141.67.

How big of a company is Alexandria Real Estate Equities?

Alexandria Real Estate Equities has a market capitalization of $15.97 billion and generates $1.33 billion in revenue each year. The real estate investment trust earns $379.31 million in net income (profit) each year or $6.60 on an earnings per share basis. Alexandria Real Estate Equities employs 386 workers across the globe.

What is Alexandria Real Estate Equities' official website?

The official website for Alexandria Real Estate Equities is http://www.are.com.

How can I contact Alexandria Real Estate Equities?

Alexandria Real Estate Equities' mailing address is 385 E. COLORADO BLVD SUITE 299, PASADENA CA, 91101. The real estate investment trust can be reached via phone at 626-578-0777 or via email at [email protected]


MarketBeat Community Rating for Alexandria Real Estate Equities (NYSE ARE)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  379 (Vote Outperform)
Underperform Votes:  351 (Vote Underperform)
Total Votes:  730
MarketBeat's community ratings are surveys of what our community members think about Alexandria Real Estate Equities and other stocks. Vote "Outperform" if you believe ARE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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