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

Alexandria Real Estate Equities, Inc. (NYSE:ARE) has been given an average recommendation of “Hold” by the sixteen research firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $51.2308.

A number of analysts have recently weighed in on the stock. Cantor Fitzgerald decreased their price target on shares of Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. Royal Bank Of Canada decreased their price target on shares of 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. The Goldman Sachs Group reissued a “neutral” rating and set a $52.00 price target on shares of Alexandria Real Estate Equities in a research report on Tuesday, May 19th. Robert W. Baird reissued a “neutral” rating and set a $46.00 price target (down from $67.00) on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Finally, BNP Paribas Exane decreased their price target on shares of Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating for the company in a research report on Tuesday, April 28th.

Alexandria Real Estate Equities Stock Up 8.6%

ARE stock opened at $52.82 on Wednesday. Alexandria Real Estate Equities has a twelve month low of $39.41 and a twelve month high of $88.24. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $9.20 billion, a P/E ratio of -8.42, a PEG ratio of 5.89 and a beta of 1.19. The firm has a 50 day simple moving average of $46.14 and a 200-day simple moving average of $49.91.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.73. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The business had revenue of $671.02 million during the quarter, compared to the consensus estimate of $684.78 million. During the same quarter last year, the company earned $2.30 earnings per share. The business’s quarterly revenue was down 11.5% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. On average, equities research analysts predict that Alexandria Real Estate Equities will post 6.4 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Alexandria Real Estate Equities’s payout ratio is currently -45.93%.

Insiders Place Their Bets

In other Alexandria Real Estate Equities news, EVP Hallie E. Kuhn sold 536 shares of Alexandria Real Estate Equities stock in a transaction on Friday, April 17th. The shares were sold at an average price of $48.20, for a total value of $25,835.20. Following the completion of the transaction, the executive vice president owned 48,301 shares of the company’s stock, valued at $2,328,108.20. The trade was a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Gregory Calvin Thomas acquired 3,500 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was acquired at an average cost of $41.00 per share, with a total value of $143,500.00. Following the acquisition, the executive vice president owned 33,024 shares of the company’s stock, valued at $1,353,984. This trade represents a 11.85% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.35% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Alexandria Real Estate Equities

A number of hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its holdings in Alexandria Real Estate Equities by 18.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 188 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in 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 worth $1,711,000 after purchasing an additional 198 shares during the period. New Mexico Educational Retirement Board boosted its holdings in Alexandria Real Estate Equities by 2.9% in 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 purchasing an additional 200 shares during the period. UMB Bank n.a. boosted its holdings in Alexandria Real Estate Equities by 17.4% in the third quarter. UMB Bank n.a. now owns 1,385 shares of the real estate investment trust’s stock worth $115,000 after purchasing an additional 205 shares during the period. Finally, Opinicus Capital Inc. boosted its holdings in Alexandria Real Estate Equities by 3.5% in the third quarter. Opinicus Capital Inc. now owns 6,502 shares of the real estate investment trust’s stock worth $542,000 after purchasing an additional 222 shares during the period. Institutional investors and hedge funds own 96.54% of the company’s stock.

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.