Alexandria Real Estate Equities (NYSE:ARE) Rating Lowered to “Sell” at Wall Street Zen

Alexandria Real Estate Equities (NYSE:ARE) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Several other equities research analysts have also commented on ARE. BNP Paribas Exane boosted their price target on Alexandria Real Estate Equities from $45.00 to $48.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada reduced their price objective on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a report on Tuesday, May 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Friday, July 17th. Citigroup reissued a “market perform” rating on shares of Alexandria Real Estate Equities in a report on Monday, July 27th. Finally, Cantor Fitzgerald raised their price target on Alexandria Real Estate Equities from $43.00 to $52.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Two investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $52.00.

Alexandria Real Estate Equities Stock Performance

NYSE:ARE opened at $49.74 on Friday. The firm’s fifty day simple moving average is $51.14 and its 200-day simple moving average is $50.13. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.67. The stock has a market cap of $8.67 billion, a PE ratio of -8.21, a price-to-earnings-growth ratio of 6.05 and a beta of 1.15. Alexandria Real Estate Equities has a fifty-two week low of $39.41 and a fifty-two week high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.52). Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The company had revenue of $662.78 million during the quarter, compared to analyst estimates of $464.86 million. During the same quarter last year, the business earned $2.33 EPS. The firm’s revenue for the quarter was down 13.0% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Analysts expect that Alexandria Real Estate Equities will post 6.37 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Institutional Investors Weigh In On Alexandria Real Estate Equities

Several hedge funds have recently modified their holdings of ARE. FNY Investment Advisers LLC acquired a new position in shares of Alexandria Real Estate Equities in the second quarter valued at approximately $26,000. Basecamp Wealth Advisors LLC boosted its position in Alexandria Real Estate Equities by 3,723.5% during the first quarter. Basecamp Wealth Advisors LLC now owns 650 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 633 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Alexandria Real Estate Equities during the second quarter worth approximately $30,000. BOKF NA grew its stake 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 worth $31,000 after acquiring an additional 362 shares during the period. Finally, MUFG Securities EMEA plc purchased a new stake in Alexandria Real Estate Equities in the 2nd quarter worth approximately $33,000. 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.