Alexandria Real Estate Equities (NYSE:ARE) Stock Price Target Lowered at BNP Paribas Exane

Alexandria Real Estate Equities (NYSE:ARE) had its price objective dropped by equities researchers at BNP Paribas Exane from $48.00 to $40.00 in a research report issued to clients and investors on Tuesday. The brokerage presently has an “underperform” rating on the real estate investment trust’s stock. BNP Paribas Exane’s target price points to a potential downside of 17.44% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on ARE. Citigroup boosted their price objective on Alexandria Real Estate Equities from $42.00 to $50.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. BMO Capital Markets cut their target price on shares of Alexandria Real Estate Equities from $52.00 to $48.00 and set a “market perform” rating on the stock in a report on Monday. Mizuho reduced their price target on shares of Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating for the company in a research report on Monday, July 6th. Citizens Jmp reissued a “market perform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, August 17th. Finally, Jefferies Financial Group dropped their price objective on shares of Alexandria Real Estate Equities from $47.00 to $46.00 and set a “hold” rating on the stock in a research note on Thursday, September 24th. Two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $52.31.

Alexandria Real Estate Equities Stock Down 0.4%

Shares of NYSE:ARE opened at $48.45 on Tuesday. The firm has a 50 day simple moving average of $51.20 and a 200-day simple moving average of $49.33. Alexandria Real Estate Equities has a twelve month low of $39.41 and a twelve month high of $85.37. 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 company has a market capitalization of $8.44 billion, a PE ratio of -8.00 and a beta of 1.15.

Alexandria Real Estate Equities (NYSE:ARE) last posted its earnings results 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). 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 analysts’ expectations of $464.86 million. During the same period last year, the business earned $2.33 earnings per share. The company’s quarterly revenue 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. On average, equities analysts predict that Alexandria Real Estate Equities will post 6.39 EPS for the current fiscal year.

Insider Activity

In other news, CAO Andres Gavinet sold 10,000 shares of the business’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $50.93, for a total transaction of $509,300.00. Following the transaction, the chief accounting officer directly owned 102,516 shares in the company, valued at $5,221,139.88. The trade was a 8.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Joel S. Marcus bought 5,000 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were acquired at an average cost of $49.68 per share, with a total value of $248,400.00. Following the completion of the purchase, the chairman owned 597,724 shares in the company, valued at approximately $29,694,928.32. This represents a 0.84% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.35% of the company’s stock.

Institutional Trading of Alexandria Real Estate Equities

A number of institutional investors have recently added to or reduced their stakes in ARE. Engineers Gate Manager LP lifted its position in shares of Alexandria Real Estate Equities by 385.8% during the 2nd quarter. Engineers Gate Manager LP now owns 134,871 shares of the real estate investment trust’s stock valued at $7,128,000 after acquiring an additional 107,109 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of Alexandria Real Estate Equities by 164.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 20,519 shares of the real estate investment trust’s stock worth $1,084,000 after acquiring an additional 12,767 shares during the period. NewEdge Advisors LLC grew its holdings in shares of Alexandria Real Estate Equities by 123.7% in the 2nd quarter. NewEdge Advisors LLC now owns 11,957 shares of the real estate investment trust’s stock worth $632,000 after acquiring an additional 6,611 shares during the period. IFP Advisors Inc increased its stake in Alexandria Real Estate Equities by 580.0% in the 2nd quarter. IFP Advisors Inc now owns 2,992 shares of the real estate investment trust’s stock valued at $158,000 after purchasing an additional 2,552 shares in the last quarter. Finally, Baird Financial Group Inc. acquired a new position in Alexandria Real Estate Equities during the second quarter worth $456,000. Hedge funds and other institutional investors 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 focused on owning, operating and developing collaborative life science, agtech and advanced technology campuses. The company provides specialized laboratory, research and office space for organizations involved in biotechnology, pharmaceuticals, medical devices, diagnostics, healthcare and related fields.

Alexandria’s properties are designed to support innovation through purpose-built facilities, shared amenities and environments that encourage collaboration among companies, academic institutions, medical centers and research organizations.