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NYSE:AREAlexandria Real Estate Equities Stock Price, Forecast & News

$172.05
-2.93 (-1.67 %)
(As of 08/11/2020 04:00 PM ET)
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Today's Range
$171.00
Now: $172.05
$176.57
50-Day Range
$160.58
MA: $167.84
$177.55
52-Week Range
$109.22
Now: $172.05
$177.70
Volume624,817 shs
Average Volume1.01 million shs
Market Capitalization$21.70 billion
P/E Ratio52.78
Dividend Yield2.42%
Beta0.85
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500<sup>®</sup> 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 $21.8 billion and an asset base in North America of 33.7 million square feet ("SF") as of March 31, 2019. The asset base in North America includes 23.2 million RSF of operating properties and 4.4 million RSF of new Class A properties currently undergoing construction or pre-construction, consisting of 2.1 million RSF of development and redevelopment projects under construction, and 2.3 million RSF undergoing pre-construction activities. Additionally, the asset base in North America includes 6.1 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. 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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Alexandria Real Estate Equities logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.80 out of 5 stars


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$1.53 billion
Cash Flow$7.05 per share
Book Value$82.76 per share

Profitability

Net Income$363.17 million

Miscellaneous

Employees386
Market Cap$21.70 billion
Next Earnings Date10/26/2020 (Estimated)
OptionableOptionable
$172.05
-2.93 (-1.67 %)
(As of 08/11/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Alexandria Real Estate Equities' stock been impacted by COVID-19 (Coronavirus)?

Alexandria Real Estate Equities' stock was trading at $151.39 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ARE shares have increased by 13.6% and is now trading at $172.05.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Alexandria Real Estate Equities?

10 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, 7 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
.

When is Alexandria Real Estate Equities' next earnings date?

Alexandria Real Estate Equities is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
View our earnings forecast for Alexandria Real Estate Equities
.

How were Alexandria Real Estate Equities' earnings last quarter?

Alexandria Real Estate Equities Inc (NYSE:ARE) issued its quarterly earnings data on Monday, July, 27th. The real estate investment trust reported $1.82 EPS for the quarter, topping analysts' consensus estimates of $1.81 by $0.01. The real estate investment trust had revenue of $436.96 million for the quarter, compared to the consensus estimate of $448.92 million. Alexandria Real Estate Equities had a net margin of 24.09% and a return on equity of 3.94%. Alexandria Real Estate Equities's quarterly revenue was up 16.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.68 earnings per share.
View Alexandria Real Estate Equities' earnings history
.

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, June 1st. Shareholders of record on Tuesday, June 30th will be given a dividend of $1.06 per share on Wednesday, July 15th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend is Monday, June 29th. This is a positive change from Alexandria Real Estate Equities's previous quarterly dividend of $1.03.
View Alexandria Real Estate Equities' dividend history
.

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

Alexandria Real Estate Equities updated its FY20 earnings guidance on Monday, July, 27th. The company provided earnings per share guidance of $7.26-7.34 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.31.

What price target have analysts set for ARE?

10 analysts have issued 12 month target prices for Alexandria Real Estate Equities' stock. Their forecasts range from $20.00 to $185.00. On average, they expect Alexandria Real Estate Equities' share price to reach $144.91 in the next year. This suggests that the stock has a possible downside of 15.8%.
View analysts' price targets for Alexandria Real Estate Equities
.

Has Alexandria Real Estate Equities been receiving favorable news coverage?

News articles about ARE stock have been trending negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 news impact score of -2.6 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future.
View the latest news about Alexandria Real Estate Equities
.

Are investors shorting Alexandria Real Estate Equities?

Alexandria Real Estate Equities saw a decrease in short interest during the month of December. As of December 31st, there was short interest totaling 2,570,000 shares, a decrease of 67.7% from the December 15th total of 7,960,000 shares. Based on an average daily volume of 790,000 shares, the short-interest ratio is currently 3.3 days.
View Alexandria Real Estate Equities' Short Interest
.

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 AT&T (T), NVIDIA (NVDA), AbbVie (ABBV), Cisco Systems (CSCO), Home Depot (HD), Walmart (WMT), American Tower (AMT), Intel (INTC), Verizon Communications (VZ) and Paypal (PYPL).

Who are Alexandria Real Estate Equities' key executives?

Alexandria Real Estate Equities' management team includes the following 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)

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."

Who are Alexandria Real Estate Equities' major shareholders?

Alexandria Real Estate Equities' stock is owned by a number of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (3.57%), PGGM Investments (1.35%), Resolution Capital Ltd (0.99%), Sumitomo Mitsui Trust Holdings Inc. (0.63%), Russell Investments Group Ltd. (0.45%) and Aew Capital Management L P (0.43%). Company insiders that own Alexandria Real Estate Equities stock include Andres Gavinet, Daniel J Ryan, Dean A Shigenaga, James H Richardson, James P Cain, Jennifer Banks, Joel S Marcus, John H Cunningham, Lawrence J Diamond, Marc E Binda, Maria C Freire, Peter M Moglia, Real Estate Equitie Alexandria, Richard Hunter Klein, Stephen Richardson, Thomas J Andrews and Vincent Ciruzzi.
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 Principal Financial Group Inc., Duff & Phelps Investment Management Co., Ceredex Value Advisors LLC, Timbercreek Investment Management Inc., Macquarie Group Ltd., Oregon Public Employees Retirement Fund, First Trust Advisors LP, and Colony Capital Inc.. Company insiders that have sold Alexandria Real Estate Equities company stock in the last year include Andres Gavinet, Daniel J Ryan, Dean A Shigenaga, James H Richardson, Jennifer Banks, Joel S Marcus, John H Cunningham, Lawrence J Diamond, Marc E Binda, Maria C Freire, Peter M Moglia, Stephen Richardson, Thomas J Andrews, and Vincent Ciruzzi.
View insider buying and selling activity for Alexandria Real Estate Equities
.

Which major investors are buying Alexandria Real Estate Equities stock?

ARE stock was acquired by a variety of institutional investors in the last quarter, including Aew Capital Management L P, PGGM Investments, Sumitomo Mitsui Trust Holdings Inc., Swiss National Bank, Natixis Advisors L.P., Russell Investments Group Ltd., Dana Investment Advisors Inc., and Great Lakes Advisors LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Alexandria Real Estate Equities' stock price today?

One share of ARE stock can currently be purchased for approximately $172.05.

How big of a company is Alexandria Real Estate Equities?

Alexandria Real Estate Equities has a market capitalization of $21.70 billion and generates $1.53 billion in revenue each year. The real estate investment trust earns $363.17 million in net income (profit) each year or $6.96 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 www.are.com.

How can I contact Alexandria Real Estate Equities?

Alexandria Real Estate Equities' mailing address is 26 North Euclid Avenue, PASADENA CA, 91101. The real estate investment trust can be reached via phone at 626-578-0777 or via email at [email protected]

This page was last updated on 8/12/2020 by MarketBeat.com Staff

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