Alexandria Real Estate Equities, Inc. (NYSE:ARE) Given Consensus Rating of “Hold” by Brokerages

Alexandria Real Estate Equities, Inc. (NYSE:ARE) has been assigned a consensus recommendation of “Hold” from the seventeen analysts that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $64.3333.

ARE has been the subject of several research reports. Cantor Fitzgerald boosted their price objective on shares of Alexandria Real Estate Equities from $46.00 to $60.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. JPMorgan Chase & Co. lowered their price objective on shares of Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating for the company in a research note on Tuesday, March 10th. Mizuho lowered their price objective on shares of Alexandria Real Estate Equities from $91.00 to $70.00 and set an “outperform” rating for the company in a research note on Friday, January 9th. Morgan Stanley lowered their price objective on shares of Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating for the company in a research note on Monday, February 9th. Finally, Zacks Research raised shares of Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 29th.

Insider Activity

In related news, Chairman Joel S. Marcus acquired 25,000 shares of the stock in a transaction dated Thursday, February 12th. The stock was bought at an average cost of $53.92 per share, with a total value of $1,348,000.00. Following the purchase, the chairman directly owned 562,724 shares of the company’s stock, valued at approximately $30,342,078.08. This represents a 4.65% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.08% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Alexandria Real Estate Equities

Several hedge funds and other institutional investors have recently made changes to their positions in ARE. Avalon Trust Co purchased a new stake in Alexandria Real Estate Equities during the 3rd quarter worth $29,000. Cornerstone Planning Group LLC boosted its position in Alexandria Real Estate Equities by 5,916.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 355 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in Alexandria Real Estate Equities during the 2nd quarter worth $30,000. BOKF NA boosted its position in Alexandria Real Estate Equities by 6,033.3% during the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 362 shares during the period. Finally, MUFG Securities EMEA plc purchased a new stake in Alexandria Real Estate Equities during the 2nd quarter worth $33,000. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Up 2.6%

ARE stock opened at $43.72 on Tuesday. The stock has a market capitalization of $7.57 billion, a P/E ratio of -5.18, a PEG ratio of 5.15 and a beta of 1.33. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.23 and a current ratio of 0.23. Alexandria Real Estate Equities has a one year low of $41.44 and a one year high of $88.24. The company has a 50 day moving average price of $50.11 and a two-hundred day moving average price of $55.57.

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. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The company had revenue of $754.41 million during the quarter, compared to analysts’ expectations of $742.64 million. During the same period in the previous year, the company earned $2.39 EPS. The business’s quarterly revenue was down 4.4% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, sell-side analysts expect that Alexandria Real Estate Equities will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.72 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.88 annualized dividend and a dividend yield of 6.6%. Alexandria Real Estate Equities’s payout ratio is currently -34.12%.

About Alexandria Real Estate Equities

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.