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

$174.62
-1.87 (-1.06 %)
(As of 08/5/2020 04:00 PM ET)
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Today's Range
$173.44
Now: $174.62
$177.15
50-Day Range
$160.58
MA: $167.06
$177.55
52-Week Range
$109.22
Now: $174.62
$177.70
Volume615,896 shs
Average Volume1.02 million shs
Market Capitalization$22.02 billion
P/E Ratio53.56
Dividend Yield2.40%
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$7.13 per share
Book Value$87.67 per share

Profitability

Net Income$363.17 million

Miscellaneous

Employees386
Market Cap$22.02 billion
Next Earnings Date10/26/2020 (Estimated)
OptionableOptionable
$174.62
-1.87 (-1.06 %)
(As of 08/5/2020 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 15.3% and is now trading at $174.62.
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) announced its earnings results on Monday, July, 27th. The real estate investment trust reported $1.82 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.81 by $0.01. The real estate investment trust earned $436.96 million during 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%. The company's revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.68 EPS.
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 announced a quarterly dividend on Monday, June 1st. Investors of record on Tuesday, June 30th will be paid 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 2.43%. The ex-dividend date is Monday, June 29th. This is a boost 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 Wall Street analysts have issued 1-year price objectives for Alexandria Real Estate Equities' stock. Their forecasts range from $20.00 to $185.00. On average, they expect Alexandria Real Estate Equities' stock price to reach $144.91 in the next year. This suggests that the stock has a possible downside of 17.0%.
View analysts' price targets for Alexandria Real Estate Equities
.

Has Alexandria Real Estate Equities been receiving favorable news coverage?

News coverage about ARE stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alexandria Real Estate Equities earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about Alexandria Real Estate Equities
.

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), Home Depot (HD), Walt Disney (DIS), Walmart (WMT), Bank of America (BAC), Paypal (PYPL), Alibaba Group (BABA) and Prologis (PLD).

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 variety of retail and institutional investors. Top institutional shareholders 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., Timbercreek Investment Management Inc., Oregon Public Employees Retirement Fund, First Trust Advisors LP, Colony Capital Inc., WINTON GROUP Ltd, M&T Bank Corp, and Comerica Bank. 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 purchased 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, Russell Investments Group Ltd., NN Investment Partners Holdings N.V., Robeco Institutional Asset Management B.V., and Mackay Shields 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 $174.62.

How big of a company is Alexandria Real Estate Equities?

Alexandria Real Estate Equities has a market capitalization of $22.02 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 8/6/2020 by MarketBeat.com Staff

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