Alexandria Real Estate Equities, Inc. (ARE) to Issue Quarterly Dividend of $0.72 on April 15th

Alexandria Real Estate Equities, Inc. (NYSE:ARE) declared a quarterly dividend on Friday, February 27th. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.72 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Tuesday, March 31st.

Alexandria Real Estate Equities has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 15 years. Alexandria Real Estate Equities has a payout ratio of 125.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Alexandria Real Estate Equities to earn $9.62 per share next year, which means the company should continue to be able to cover its $2.88 annual dividend with an expected future payout ratio of 29.9%.

Alexandria Real Estate Equities Stock Performance

NYSE:ARE opened at $46.02 on Friday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.65. Alexandria Real Estate Equities has a 12-month low of $44.10 and a 12-month high of $96.56. The stock has a 50-day moving average price of $52.91 and a 200 day moving average price of $58.98. The stock has a market capitalization of $7.97 billion, a P/E ratio of -5.45, a P/E/G ratio of 5.57 and a beta of 1.31.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.01. Alexandria Real Estate Equities had a negative return on equity of 6.82% and a negative net margin of 47.23%.The company had revenue of $754.41 million for the quarter, compared to analysts’ expectations of $742.64 million. During the same period in the previous year, the firm earned $2.39 EPS. The firm’s 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. Equities research analysts forecast that Alexandria Real Estate Equities will post 9.32 EPS for the current fiscal year.

Insider Buying and Selling at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus purchased 25,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Thursday, February 12th. The shares were bought at an average price of $53.92 per share, for a total transaction of $1,348,000.00. Following the completion of the transaction, the chairman owned 562,724 shares of the company’s stock, valued at approximately $30,342,078.08. This trade represents a 4.65% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 1.08% of the company’s stock.

Hedge Funds Weigh In On Alexandria Real Estate Equities

Several institutional investors have recently bought and sold shares of ARE. Arrowstreet Capital Limited Partnership increased its stake in Alexandria Real Estate Equities by 114.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 757,533 shares of the real estate investment trust’s stock worth $55,020,000 after acquiring an additional 404,938 shares during the last quarter. Amundi lifted its stake in shares of Alexandria Real Estate Equities by 2.9% in the 2nd quarter. Amundi now owns 800,479 shares of the real estate investment trust’s stock valued at $64,405,000 after purchasing an additional 22,820 shares during the last quarter. DNB Asset Management AS lifted its stake in shares of Alexandria Real Estate Equities by 121.4% in the 3rd quarter. DNB Asset Management AS now owns 92,657 shares of the real estate investment trust’s stock valued at $7,722,000 after purchasing an additional 50,810 shares during the last quarter. Walleye Trading LLC purchased a new position in shares of Alexandria Real Estate Equities in the 2nd quarter worth approximately $2,390,000. Finally, Nan Fung Trinity HK Ltd. purchased a new position in shares of Alexandria Real Estate Equities in the 3rd quarter worth approximately $14,664,000. 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.