Alexandria Real Estate Equities, Inc. (NYSE:ARE) Stock Rated “Reduce” by Wall Street Brokerages

Alexandria Real Estate Equities, Inc. (NYSE:ARE) has been given a consensus rating of “Reduce” by the sixteen brokerages that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $50.86.

Several research firms recently issued reports on ARE. Jefferies Financial Group decreased their target price on shares of Alexandria Real Estate Equities from $47.00 to $46.00 and set a “hold” rating on the stock in a research report on Thursday, September 24th. The Goldman Sachs Group upped their price target on shares of Alexandria Real Estate Equities from $54.00 to $59.00 and gave the stock a “neutral” rating in a research report on Friday, September 18th. Citizens Jmp reaffirmed a “market perform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, August 17th. Evercore reaffirmed an “outperform” rating and set a $59.00 price target on shares of Alexandria Real Estate Equities in a research note on Monday, September 21st. Finally, BMO Capital Markets decreased their price target 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, September 28th.

Insider Transactions at Alexandria Real Estate Equities

In related news, CAO Andres Gavinet sold 10,000 shares of Alexandria Real Estate Equities stock in a transaction on Monday, August 31st. The stock was sold at an average price of $50.93, for a total value of $509,300.00. Following the transaction, the chief accounting officer owned 102,516 shares in the company, valued at approximately $5,221,139.88. This trade represents a 8.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Joel Marcus purchased 5,000 shares of the stock in a transaction on Friday, September 11th. The shares were purchased at an average cost of $49.68 per share, with a total value of $248,400.00. Following the transaction, the chairman owned 597,724 shares of the company’s stock, valued at $29,694,928.32. This trade 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.

Hedge Funds Weigh In On Alexandria Real Estate Equities

A number of large investors have recently modified their holdings of the company. BlackRock Inc. purchased a new position in Alexandria Real Estate Equities in the second quarter valued at approximately $1,146,423,000. Capital World Investors lifted its position in Alexandria Real Estate Equities by 0.8% during the fourth quarter. Capital World Investors now owns 3,720,956 shares of the real estate investment trust’s stock valued at $182,104,000 after buying an additional 29,575 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Alexandria Real Estate Equities by 52.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,582,387 shares of the real estate investment trust’s stock worth $175,322,000 after buying an additional 1,236,781 shares during the period. Dimensional Fund Advisors LP grew its stake in Alexandria Real Estate Equities by 2.3% during the first quarter. Dimensional Fund Advisors LP now owns 2,297,222 shares of the real estate investment trust’s stock worth $106,638,000 after buying an additional 52,733 shares during the period. Finally, Centersquare Investment Management LLC grew its stake in Alexandria Real Estate Equities by 177.0% during the fourth quarter. Centersquare Investment Management LLC now owns 1,602,065 shares of the real estate investment trust’s stock worth $78,405,000 after buying an additional 1,023,747 shares during the period. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Alexandria Real Estate Equities Stock Performance

NYSE ARE opened at $44.10 on Tuesday. The business’s 50-day moving average price is $50.13 and its 200 day moving average price is $49.16. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.67. Alexandria Real Estate Equities has a twelve month low of $39.41 and a twelve month high of $78.54. The company has a market capitalization of $7.68 billion, a PE ratio of -7.28 and a beta of 1.16.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results 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 business had revenue of $662.78 million during the quarter, compared to analysts’ expectations of $464.86 million. During the same quarter last year, the firm earned $2.33 EPS. The firm’s quarterly revenue was down 13.0% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, research analysts predict that Alexandria Real Estate Equities will post 6.39 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Wednesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio is presently -47.52%.

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.