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

Alexandria Real Estate Equities, Inc. (NYSE:ARE) has received a consensus recommendation of “Reduce” from the sixteen analysts that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $52.6154.

A number of equities research analysts recently issued reports on ARE shares. Wall Street Zen downgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Morgan Stanley reissued an “underweight” rating and set a $53.00 price objective on shares of Alexandria Real Estate Equities in a research note on Thursday, June 11th. Zacks Research downgraded Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a report on Friday, July 17th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $52.00 target price on shares of Alexandria Real Estate Equities in a research report on Tuesday, May 19th. Finally, Royal Bank Of Canada lowered their price target on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 5th.

Alexandria Real Estate Equities Stock Down 0.0%

Shares of NYSE:ARE opened at $48.12 on Monday. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.67. The firm has a market cap of $8.39 billion, a price-to-earnings ratio of -7.94 and a beta of 1.15. The stock’s 50-day moving average price is $50.82 and its two-hundred day moving average price is $49.78. Alexandria Real Estate Equities has a 12-month low of $39.41 and a 12-month high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). The company had revenue of $662.78 million for the quarter, compared to analyst estimates of $464.86 million. Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The company’s revenue was down 13.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, research analysts forecast that Alexandria Real Estate Equities will post 6.37 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Alexandria Real Estate Equities’s payout ratio is currently -47.52%.

Insider Activity

In related news, CFO Marc E. Binda sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total transaction of $108,000.00. Following the completion of the sale, the chief financial officer owned 188,264 shares of the company’s stock, valued at approximately $10,166,256. This represents a 1.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.35% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its holdings in shares of Alexandria Real Estate Equities by 18.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 188 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Alexandria Real Estate Equities by 0.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock valued at $1,711,000 after buying an additional 198 shares in the last quarter. New Mexico Educational Retirement Board increased its holdings in Alexandria Real Estate Equities by 2.9% during the fourth quarter. New Mexico Educational Retirement Board now owns 7,200 shares of the real estate investment trust’s stock worth $352,000 after buying an additional 200 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in Alexandria Real Estate Equities by 109.6% during the third quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 228 shares in the last quarter. Finally, Quarry LP raised its position in Alexandria Real Estate Equities by 33.9% during the fourth quarter. Quarry LP now owns 991 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 251 shares in the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.

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.