NYSE:AREAlexandria Real Estate Equities Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Alexandria Real Estate Equities Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $146.99 +1.56 (+1.07 %) (As of 05/22/2020 04:00 PM ET) Add Compare Share Today's Range$145.05Now: $146.99▼$147.5550-Day Range$129.99MA: $147.93▼$157.8052-Week Range$109.22Now: $146.99▼$175.74Volume549,274 shsAverage Volume786,927 shsMarket Capitalization$18.55 billionP/E Ratio69.33Dividend Yield2.80%Beta0.86 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.4 Analyst's Opinion Consensus RatingAlexandria Real Estate Equities has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $130.45, Alexandria Real Estate Equities has a potential downside of 11.2% from its current price of $146.99.Amount of Analyst CoverageAlexandria Real Estate Equities has only been the subject of 3 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesAlexandria Real Estate Equities has received 433 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAlexandria Real Estate Equities has received 417 “underperform” votes. (Add your “underperform” vote.)Community SentimentAlexandria Real Estate Equities has received 50.94% “outperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend LeadershipAlexandria Real Estate Equities is a leading dividend payer. It pays a dividend yield of 2.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlexandria Real Estate Equities has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Alexandria Real Estate Equities is 59.20 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Alexandria Real Estate Equities will have a dividend payout ratio of 55.08 % next year. This indicates that Alexandria Real Estate Equities will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alexandria Real Estate Equities insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,931,798.00 in company stock.Percentage Held by InsidersOnly 1.12% of the stock of Alexandria Real Estate Equities is held by insiders.Percentage Held by Institutions93.72% of the stock of Alexandria Real Estate Equities is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Alexandria Real Estate Equities are expected to grow by 2.47% in the coming year, from $7.30 to $7.48 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alexandria Real Estate Equities is 69.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Alexandria Real Estate Equities is 69.33, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 15.25.Price to Earnings Growth RatioAlexandria Real Estate Equities has a PEG Ratio of 4.88. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlexandria Real Estate Equities has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.4Community Rank: 2.5Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.94 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryOffice REITs SectorFinance Current SymbolNYSE:ARE Previous Symbol CUSIP01527110 CIK1035443 Webwww.are.com Phone626-578-0777Debt Debt-to-Equity Ratio0.67 Current Ratio0.37 Quick Ratio0.37Price-To-Earnings Trailing P/E Ratio69.33 Forward P/E Ratio20.14 P/E Growth4.88 Sales & Book Value Annual Sales$1.53 billion Price / Sales12.11 Cash Flow$7.20 per share Price / Cash Flow20.42 Book Value$86.39 per share Price / Book1.70Profitability EPS (Most Recent Fiscal Year)$6.96 Net Income$363.17 million Net Margins15.68% Return on Equity2.64% Return on Assets1.42%Miscellaneous Employees386 Outstanding Shares126,190,000Market Cap$18.55 billion Next Earnings Date8/3/2020 (Estimated) OptionableOptionable ARE Rates by TradingView Receive ARE News and Ratings via Email Sign-up to receive the latest news and ratings for ARE and its competitors with MarketBeat's FREE daily newsletter. 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 Coronavirus reached pandemic status according to the World Health Organization. Since then, ARE stock has decreased by 2.9% and is now trading at $146.99. 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 3 hold ratings, 6 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, August 3rd 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 quarterly earnings results on Monday, April, 27th. The real estate investment trust reported $0.20 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.82 by $1.62. The real estate investment trust had revenue of $439.90 million for the quarter, compared to the consensus estimate of $415.63 million. Alexandria Real Estate Equities had a return on equity of 2.64% and a net margin of 15.68%. The firm's revenue was up 22.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.11 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, March 2nd. Shareholders of record on Tuesday, March 31st will be paid a dividend of $1.03 per share on Wednesday, April 15th. This represents a $4.12 annualized dividend and a dividend yield of 2.80%. The ex-dividend date of this dividend is Monday, March 30th. 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, April, 27th. The company provided earnings per share (EPS) guidance of $7.25-$7.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.26. 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 $190.00. On average, they anticipate Alexandria Real Estate Equities' share price to reach $130.45 in the next year. This suggests that the stock has a possible downside of 11.2%. View analysts' price targets for Alexandria Real Estate Equities. Has Alexandria Real Estate Equities been receiving favorable news coverage? Press coverage about ARE stock has been trending extremely negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Alexandria Real Estate Equities earned a daily sentiment score of -4.5 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutAlexandria Real Estate Equities. Who are some of Alexandria Real Estate Equities' key competitors? Some companies that are related to Alexandria Real Estate Equities include DIGITAL RLTY TR/SH (DLR), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), Douglas Emmett (DEI), CoreSite Realty (COR), Equity Commonwealth (EQC), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), SL Green Realty (SLG), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP). View all 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (9.64%), State Street Corp (5.18%), Principal Financial Group Inc. (4.28%), APG Asset Management US Inc. (4.05%), Capital Research Global Investors (1.98%) and Capital World Investors (1.84%). 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 Resolution Capital Ltd, Morgan Stanley, Invesco Ltd., Massachusetts Financial Services Co. MA, JPMorgan Chase & Co., UBS Group AG, APG Asset Management N.V., and Schroder Investment Management Group. 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, James P Cain, 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 institutional investors are buying Alexandria Real Estate Equities stock? ARE stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Capital World Investors, Ceredex Value Advisors LLC, Capital Research Global Investors, APG Asset Management US Inc., State Street Corp, Nuveen Asset Management LLC, and PGGM Investments. 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 $146.99. How big of a company is Alexandria Real Estate Equities? Alexandria Real Estate Equities has a market capitalization of $18.55 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 5/25/2020 by MarketBeat.com Staff
