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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Phone626-578-0777
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.33 billion
Profitability
Miscellaneous
Employees386
Next Earnings Date4/29/2019 (Estimated)
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. Shareholders 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 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date is Friday, December 28th. This is an increase 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 results on Monday, February, 4th. The real estate investment trust reported ($0.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.69 by $1.99. The real estate investment trust earned $340.50 million during the quarter, compared to analyst estimates of $348.01 million. Alexandria Real Estate Equities had a return on equity of 5.28% and a net margin of 28.57%. Alexandria Real Estate Equities's revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the company posted $1.53 earnings per share. View Alexandria Real Estate Equities' Earnings History.
When is Alexandria Real Estate Equities' next earnings date?
What guidance has Alexandria Real Estate Equities issued on next quarter's earnings?
Alexandria Real Estate Equities issued an update on its FY19 earnings guidance on Monday, February, 4th. The company provided EPS guidance of $6.85-$7.05 for the period, compared to the Thomson Reuters consensus earnings per share 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?
7 analysts have issued 12-month target prices for Alexandria Real Estate Equities' shares. Their forecasts range from $23.00 to $148.00. On average, they anticipate Alexandria Real Estate Equities' share price to reach $99.1667 in the next twelve months. This suggests that the stock has a possible downside of 27.5%. 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 stories about ARE stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alexandria Real Estate Equities earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are some of Alexandria Real Estate Equities' key competitors?
Some companies that are related to Alexandria Real Estate Equities include Simon Property Group (SPG), CROWN CASTLE IN/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), SBA Communications (SBAC), Boston Properties (BXP), Realty Income (O), Weyerhaeuser (WY) and Essex Property Trust (ESS).
What other stocks do shareholders of Alexandria Real Estate Equities own?
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 a number of of retail and institutional 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 institutional 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 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 institutional investors are buying Alexandria Real Estate Equities stock?
ARE stock was acquired by a variety of institutional investors in the last quarter, including Citigroup Inc., Lasalle Investment Management Securities LLC, Resolution Capital Ltd, BlackRock Inc., Westfield Capital Management Co. LP, Geode Capital Management LLC, California Public Employees Retirement System and Payden & Rygel. 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 $136.72.
How big of a company is Alexandria Real Estate Equities?
Alexandria Real Estate Equities has a market capitalization of $15.41 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?
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)
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.
