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NYSE:ARE

Alexandria Real Estate Equities Stock Forecast, Price & News

$162.58
+0.22 (+0.14 %)
(As of 11/25/2020 12:00 AM ET)
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Today's Range
$161.06
Now: $162.58
$163.14
50-Day Range
$151.51
MA: $160.64
$166.90
52-Week Range
$109.22
Now: $162.58
$177.70
Volume490,814 shs
Average Volume931,577 shs
Market Capitalization$21.94 billion
P/E Ratio37.55
Dividend Yield2.61%
Beta0.79
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® urban office real estate investment trust ("REIT"), is the first, longest-tenured, and pioneering owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $29.2 billion as of September 30, 2020, and an asset base in North America of 47.4 million square feet ("SF"). The asset base in North America includes 31.2 million RSF of operating properties and 2.8 million RSF of Class A properties undergoing construction, 7.2 million RSF of near-term and intermediate-term development and redevelopment projects, and 6.2 million SF of 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, technology, and agtech 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, technology, and agtech companies through our venture capital platform. 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: 1.4Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.93 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP01527110
Phone626-578-0777
Employees439

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.53 billion
Cash Flow$7.13 per share
Book Value$91.33 per share

Profitability

Net Income$363.17 million

Miscellaneous

Market Cap$21.94 billion
Next Earnings Date2/1/2021 (Estimated)
OptionableOptionable
$162.58
+0.22 (+0.14 %)
(As of 11/25/2020 12:00 AM 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 price been impacted by Coronavirus?

Alexandria Real Estate Equities' stock was trading at $151.39 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ARE stock has increased by 7.4% and is now trading at $162.58.
View which stocks have been most impacted by COVID-19
.

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alexandria Real Estate Equities in the last year. There are currently 3 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
.

What stocks does MarketBeat like better than Alexandria Real Estate Equities?

Wall Street analysts have given Alexandria Real Estate Equities a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Alexandria Real Estate Equities wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Alexandria Real Estate Equities' next earnings date?

Alexandria Real Estate Equities is scheduled to release its next quarterly earnings announcement on Monday, February 1st 2021.
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 quarterly earnings results on Saturday, October, 31st. The real estate investment trust reported $0.63 earnings per share for the quarter, missing analysts' consensus estimates of $1.83 by $1.20. The real estate investment trust earned $545 million during the quarter, compared to the consensus estimate of $450.55 million. Alexandria Real Estate Equities had a return on equity of 4.79% and a net margin of 29.07%. The business's quarterly revenue was up 39.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.44) 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 Tuesday, September 1st. Stockholders of record on Wednesday, September 30th will be given a dividend of $1.06 per share on Thursday, October 15th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Tuesday, September 29th.
View Alexandria Real Estate Equities' dividend history
.

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

Alexandria Real Estate Equities issued an update on its FY20 earnings guidance on Monday, October, 26th. The company provided earnings per share (EPS) guidance of $7.26-$7.31 for the period, compared to the Thomson Reuters consensus estimate of $7.29.

What price target have analysts set for ARE?

11 analysts have issued twelve-month target prices for Alexandria Real Estate Equities' shares. Their forecasts range from $20.00 to $190.00. On average, they expect Alexandria Real Estate Equities' stock price to reach $149.42 in the next year. This suggests that the stock has a possible downside of 8.1%.
View analysts' price targets for Alexandria Real Estate Equities
.

Are investors shorting Alexandria Real Estate Equities?

Alexandria Real Estate Equities saw a decline in short interest during the month of October. As of October 15th, there was short interest totaling 1,410,000 shares, a decline of 19.4% from the September 30th total of 1,750,000 shares. Based on an average daily volume of 734,900 shares, the days-to-cover ratio is currently 1.9 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), AbbVie (ABBV), NVIDIA (NVDA), The Home Depot (HD), Cisco Systems (CSCO), Intel (INTC), Walmart (WMT), Johnson & Johnson (JNJ), American Tower (AMT) and Bank of America (BAC).

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 72, Pay $4.83M)
  • Mr. Peter M. Moglia, Co-CEO & Co-Chief Investment Officer (Age 53, Pay $2.25M)
  • Mr. Stephen A. Richardson, Co-Chief Exec. Officer (Age 59, Pay $2.25M)
  • Mr. Thomas J. Andrews, Co-Pres & Regional Market Director of Greater Boston (Age 60, Pay $1.54M)
  • Mr. Dean A. Shigenaga, Co-Pres & CFO (Age 53, Pay $1.86M)
  • Mr. Daniel J. Ryan, Co-Chief Investment Officer & Regional Market Director of San Diego (Age 54, Pay $1.73M)
  • Mr. James H. Richardson, Sr. Management Consultant & Non-Exec. Director (Age 60, Pay $136.88k)
  • Mr. Lawrence J. Diamond, Co-COO & Regional Market Director of Maryland (Age 62)
  • Mr. Joseph Hakman, Co-COO & Chief Strategic Transactions Officer (Age 49)
  • Mr. Andres R. Gavinet, Chief Accounting Officer (Age 51)

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 BlackRock Inc. (9.05%), State Street Corp (5.24%), Principal Financial Group Inc. (3.28%), JPMorgan Chase & Co. (2.05%), Nuveen Asset Management LLC (1.27%) and PGGM Investments (1.03%). 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 institutional investors are selling Alexandria Real Estate Equities stock?

ARE stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, PGGM Investments, BlackRock Inc., Thrivent Financial for Lutherans, Charles Schwab Investment Management Inc., Duff & Phelps Investment Management Co., Public Employees Retirement System of Ohio, and Principal Financial Group 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, and Thomas J Andrews.
View insider buying and selling activity 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 JPMorgan Chase & Co., Blackstone Group Inc, Ranger Global Real Estate Advisors LLC, Vision Capital Corp, Allianz Asset Management GmbH, Sei Investments Co., UBS Asset Management Americas Inc., and American Assets Capital Advisers 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 $162.58.

How big of a company is Alexandria Real Estate Equities?

Alexandria Real Estate Equities has a market capitalization of $21.94 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 439 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 11/26/2020 by MarketBeat.com Staff

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