Alexandria Real Estate Equities, Inc. (NYSE:ARE) Receives Consensus Rating of “Hold” from Analysts

Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) have been assigned an average recommendation of “Hold” from the seventeen analysts that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $66.5714.

ARE has been the subject of a number of research reports. Cantor Fitzgerald boosted their price target on Alexandria Real Estate Equities from $46.00 to $60.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Jefferies Financial Group boosted their target price on Alexandria Real Estate Equities from $47.00 to $57.00 and gave the stock a “hold” rating in a report on Friday. Mizuho cut their price target on shares of Alexandria Real Estate Equities from $91.00 to $70.00 and set an “outperform” rating on the stock in a report on Friday, January 9th. Citizens Jmp cut shares of Alexandria Real Estate Equities from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 13th. Finally, BMO Capital Markets boosted their price objective on shares of Alexandria Real Estate Equities from $60.00 to $65.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th.

Insider Activity

In related news, Director Sheila K. Mcgrath bought 3,100 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were acquired at an average cost of $45.60 per share, for a total transaction of $141,360.00. Following the acquisition, the director owned 8,392 shares in the company, valued at $382,675.20. This represents a 58.58% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.15% of the company’s stock.

Institutional Trading of Alexandria Real Estate Equities

Several large investors have recently bought and sold shares of the company. Sound Income Strategies LLC purchased a new position in shares of Alexandria Real Estate Equities in the second quarter valued at $25,000. Loomis Sayles & Co. L P acquired a new position in Alexandria Real Estate Equities in the 2nd quarter worth $27,000. Avalon Trust Co purchased a new position in Alexandria Real Estate Equities in the 3rd quarter valued at about $29,000. Cornerstone Planning Group LLC boosted its position in Alexandria Real Estate Equities by 5,916.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 355 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Alexandria Real Estate Equities during the second quarter valued at about $30,000. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

Shares of ARE stock opened at $54.19 on Thursday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.23 and a current ratio of 0.23. The firm has a market capitalization of $9.39 billion, a price-to-earnings ratio of -6.42, a price-to-earnings-growth ratio of 6.59 and a beta of 1.31. Alexandria Real Estate Equities has a one year low of $44.10 and a one year high of $105.14. The company has a 50 day moving average price of $51.67 and a 200 day moving average price of $66.32.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.01. The company had revenue of $754.41 million during the quarter, compared to analysts’ expectations of $742.64 million. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The business’s quarterly revenue was down 4.4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. Sell-side analysts anticipate that Alexandria Real Estate Equities will post 9.32 EPS for the current year.

Alexandria Real Estate Equities announced that its Board of Directors has authorized a stock buyback program on Monday, December 8th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the real estate investment trust to buy up to 6.4% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Alexandria Real Estate Equities Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Wednesday, December 31st. Alexandria Real Estate Equities’s dividend payout ratio is -34.12%.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc (NYSE: ARE) is a real estate investment trust specializing in the ownership, development and management of collaborative life science and technology campuses. The company’s properties are designed to support research and innovation by providing specialized laboratory, office and manufacturing space tailored to biotechnology, pharmaceutical, academic and related industries.

Since its founding in 1994, Alexandria has cultivated a diversified portfolio of campuses across leading innovation clusters in North America and Europe.