Brokerages Set Alexandria Real Estate Equities, Inc. (NYSE:ARE) PT at $64.33

Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) have earned an average recommendation of “Hold” from the seventeen research firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $63.6667.

Several equities research analysts have commented on ARE shares. Morgan Stanley decreased their target price on shares of Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Monday, February 9th. Cantor Fitzgerald lifted their price objective on Alexandria Real Estate Equities from $46.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. Jefferies Financial Group reduced their price objective on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. Zacks Research raised Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a report on Thursday, January 29th. Finally, Mizuho reduced their price objective on Alexandria Real Estate Equities from $91.00 to $70.00 and set an “outperform” rating for the company in a report on Friday, January 9th.

Insider Transactions at Alexandria Real Estate Equities

In other news, Chairman Joel S. Marcus acquired 25,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Thursday, February 12th. The stock was purchased at an average cost of $53.92 per share, with a total value of $1,348,000.00. Following the completion of the acquisition, the chairman owned 562,724 shares in the company, valued at $30,342,078.08. This trade represents a 4.65% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.35% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ARE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Alexandria Real Estate Equities by 102.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,245 shares of the real estate investment trust’s stock worth $2,184,000 after purchasing an additional 11,762 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Alexandria Real Estate Equities by 4,261.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock worth $290,000 after purchasing an additional 3,068 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Alexandria Real Estate Equities by 4.8% during the 1st quarter. Empowered Funds LLC now owns 6,455 shares of the real estate investment trust’s stock worth $597,000 after purchasing an additional 296 shares in the last quarter. Woodline Partners LP increased its stake in shares of Alexandria Real Estate Equities by 39.9% during the 1st quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust’s stock worth $1,204,000 after purchasing an additional 3,714 shares in the last quarter. Finally, Focus Partners Wealth increased its stake in shares of Alexandria Real Estate Equities by 171.5% during the 1st quarter. Focus Partners Wealth now owns 6,591 shares of the real estate investment trust’s stock worth $610,000 after purchasing an additional 4,163 shares in the last quarter. 96.54% of the stock is owned by hedge funds and other institutional investors.

Alexandria Real Estate Equities Price Performance

Shares of NYSE ARE opened at $48.95 on Tuesday. The firm has a market capitalization of $8.48 billion, a P/E ratio of -5.80, a PEG ratio of 5.88 and a beta of 1.33. Alexandria Real Estate Equities has a one year low of $41.44 and a one year high of $88.24. The company’s fifty day moving average is $49.35 and its two-hundred day moving average is $54.30. 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 (NYSE:ARE) last issued its earnings results on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, topping the consensus estimate of $2.15 by $0.01. The company had revenue of $754.41 million for the quarter, compared to analyst estimates of $742.64 million. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The business’s revenue was down 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. Analysts forecast that Alexandria Real Estate Equities will post 6.41 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $0.72 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.88 annualized dividend and a yield of 5.9%. Alexandria Real Estate Equities’s payout ratio is currently -34.12%.

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.