Alexandria Real Estate Equities, Inc. (NYSE:ARE) Receives $64.33 Consensus Price Target from Analysts

Alexandria Real Estate Equities, Inc. (NYSE:ARE) has received a consensus recommendation of “Hold” from the seventeen analysts that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $63.6667.

A number of equities research analysts have issued reports on the company. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $60.00 target price on shares of Alexandria Real Estate Equities in a research note on Tuesday, February 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 21st. Evercore cut their target price on Alexandria Real Estate Equities from $67.00 to $65.00 and set an “outperform” rating on the stock in a research note on Monday, April 6th. Jefferies Financial Group cut their target price on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Finally, Morgan Stanley cut their target price on Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating on the stock in a research note on Monday, February 9th.

Alexandria Real Estate Equities Stock Performance

Shares of ARE opened at $48.57 on Tuesday. The business’s fifty day moving average price is $49.49 and its 200 day moving average price is $54.75. Alexandria Real Estate Equities has a 12-month low of $41.44 and a 12-month high of $88.24. The stock has a market capitalization of $8.41 billion, a PE ratio of -5.75, a price-to-earnings-growth ratio of 5.80 and a beta of 1.33. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.23 and a quick ratio of 0.23.

Alexandria Real Estate Equities (NYSE:ARE) last posted its earnings results on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.01. The company had revenue of $754.41 million for the quarter, compared to analysts’ expectations of $742.64 million. Alexandria Real Estate Equities had a negative return on equity of 6.82% and a negative net margin of 47.23%.The firm’s quarterly revenue was down 4.4% compared to the same quarter last year. During the same period last year, the business posted $2.39 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. Equities research analysts forecast 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 was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Tuesday, March 31st. Alexandria Real Estate Equities’s payout ratio is currently -34.12%.

Insiders Place Their Bets

In related news, Chairman Joel S. Marcus bought 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was purchased at an average price of $53.92 per share, for a total transaction of $1,348,000.00. Following the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.35% of the stock is owned by insiders.

Hedge Funds Weigh In On Alexandria Real Estate Equities

Institutional investors and hedge funds have recently bought and sold shares of the stock. Avalon Trust Co bought a new position in Alexandria Real Estate Equities in the 3rd quarter valued at about $29,000. Cornerstone Planning Group LLC grew 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 in the last quarter. CYBER HORNET ETFs LLC bought a new position in Alexandria Real Estate Equities in the 2nd quarter valued at about $30,000. BOKF NA grew its position in Alexandria Real Estate Equities by 6,033.3% in the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 362 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new position in Alexandria Real Estate Equities in the 2nd quarter valued at about $33,000. Institutional investors own 96.54% of the company’s stock.

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.