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

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$124.26 +1.51 (+1.23 %)
(As of 01/22/2019 03:33 AM ET)
Previous Close$122.75
Today's Range$123.19 - $124.55
52-Week Range$109.04 - $130.53
Volume772,399 shs
Average Volume633,813 shs
Market Capitalization$13.36 billion
P/E Ratio20.64
Dividend Yield3.12%
Beta0.74
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 $19.1 billion and an asset base in North America of 32.2 million square feet (“SF”) as of September 30, 2018. The asset base in North America includes 21.6 million RSF of operating properties and 2.6 million RSF of development and redevelopment of new Class A properties currently undergoing construction and pre-construction activities with target delivery dates ranging from 2018 through 2019. Additionally, the asset base in North America includes 8.0 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$1.13 billion
Cash Flow$5.6844 per share
Book Value$63.19 per share

Profitability

Net Income$169.09 million

Miscellaneous

Employees323
Market Cap$13.36 billion
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 declared a quarterly dividend on Monday, December 3rd. Investors of record on Monday, December 31st will be paid a dividend of $0.97 per share on Tuesday, January 15th. This represents a $3.88 annualized dividend and a yield of 3.12%. The ex-dividend date is Friday, December 28th. This is a boost from Alexandria Real Estate Equities's previous quarterly dividend of $0.93. View Alexandria Real Estate Equities' Dividend History.

How were Alexandria Real Estate Equities' earnings last quarter?

Alexandria Real Estate Equities Inc (NYSE:ARE) posted its quarterly earnings data on Monday, October, 29th. The real estate investment trust reported $1.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $1.50. The real estate investment trust earned $341.80 million during the quarter, compared to analyst estimates of $343.42 million. Alexandria Real Estate Equities had a net margin of 34.48% and a return on equity of 6.50%. The business's revenue was up 19.7% on a year-over-year basis. During the same period last year, the firm posted $1.51 earnings per share. 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, February 4th 2019. View Earnings Estimates for Alexandria Real Estate Equities.

How can I listen to Alexandria Real Estate Equities' earnings call?

Alexandria Real Estate Equities will be holding an earnings conference call on Tuesday, February 5th at 3:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8333661125.

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

Alexandria Real Estate Equities issued an update on its FY 2018 earnings guidance on Monday, October, 29th. The company provided EPS guidance of $6.59-6.61 for the period.

What price target have analysts set for ARE?

7 brokerages have issued 12-month target prices for Alexandria Real Estate Equities' stock. Their predictions range from $23.00 to $148.00. On average, they anticipate Alexandria Real Estate Equities' share price to reach $104.2857 in the next twelve months. This suggests that the stock has a possible downside of 16.1%. View Analyst Price Targets for Alexandria Real Estate Equities.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alexandria Real Estate Equities in the last year. There are currently 1 hold rating, 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?

Media headlines about ARE stock have trended very positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alexandria Real Estate Equities earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Are investors shorting Alexandria Real Estate Equities?

Alexandria Real Estate Equities saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,711,225 shares, a decline of 69.4% from the December 14th total of 5,593,079 shares. Based on an average daily volume of 912,767 shares, the short-interest ratio is currently 1.9 days. Currently, 1.6% of the company's stock are short sold. View Alexandria Real Estate Equities' Current Options Chain.

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

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 retail and institutional investors. Top institutional investors include Resolution Capital Ltd (1.39%), Nippon Life Global Investors Americas Inc. (0.09%), Sit Investment Associates Inc. (0.06%), State of Alaska Department of Revenue (0.05%), Nisa Investment Advisors LLC (0.04%) and Gulf International Bank UK Ltd (0.02%). 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, 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 Gulf International Bank UK Ltd, Nippon Life Global Investors Americas Inc., DNB Asset Management AS, Louisiana State Employees Retirement System, Blue Fin Capital Inc., First Hawaiian Bank, Oakbrook Investments LLC and North Star Investment Management Corp.. Company insiders that have sold Alexandria Real Estate Equities company stock in the last year include Daniel J Ryan, Dean A Shigenaga, James P Cain, Jennifer Banks, Joel S Marcus, 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 bought by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Sit Investment Associates Inc., BTIM Corp., First Citizens Bank & Trust Co., Nisa Investment Advisors LLC, New England Research & Management Inc., Bowling Portfolio Management LLC and Boston Advisors LLC. 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 $124.26.

How big of a company is Alexandria Real Estate Equities?

Alexandria Real Estate Equities has a market capitalization of $13.36 billion and generates $1.13 billion in revenue each year. The real estate investment trust earns $169.09 million in net income (profit) each year or $6.02 on an earnings per share basis. Alexandria Real Estate Equities employs 323 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:  367 (Vote Outperform)
Underperform Votes:  336 (Vote Underperform)
Total Votes:  703
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 1/22/2019 by MarketBeat.com Staff

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