NYSE - Delayed Quote USD

Alexandria Real Estate Equities, Inc. (ARE)

115.69 -0.82 (-0.70%)
At close: April 19 at 4:00 PM EDT
115.76 +0.07 (+0.06%)
After hours: April 19 at 7:51 PM EDT
Loading Chart for ARE
DELL
  • Previous Close 116.51
  • Open 117.22
  • Bid --
  • Ask --
  • Day's Range 115.06 - 118.45
  • 52 Week Range 90.73 - 135.45
  • Volume 939,572
  • Avg. Volume 1,019,158
  • Market Cap (intraday) 20.24B
  • Beta (5Y Monthly) 1.07
  • PE Ratio (TTM) 214.24
  • EPS (TTM) 0.54
  • Earnings Date Apr 22, 2024
  • Forward Dividend & Yield 5.08 (4.36%)
  • Ex-Dividend Date Mar 27, 2024
  • 1y Target Est 145.25

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a total market capitalization of $33.1 billion and an asset base in North America of 73.5 million SF as of December 31, 2023, which includes 42.0 million RSF of operating properties, 5.5 million RSF of Class A/A+ properties undergoing construction and one near-term project expected to commence construction in the next two years, 2.1 million RSF of priority anticipated development and redevelopment projects, and 23.9 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science, agtech, and advanced technology mega campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, agrifoodtech, climate innovation, and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

www.are.com

568

Full Time Employees

December 31

Fiscal Year Ends

Recent News: ARE

Performance Overview: ARE

Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ARE
7.80%
S&P 500
4.14%

1-Year Return

ARE
2.05%
S&P 500
19.55%

3-Year Return

ARE
27.09%
S&P 500
18.68%

5-Year Return

ARE
2.60%
S&P 500
70.99%

Compare To: ARE

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Statistics: ARE

Valuation Measures

As of 4/18/2024
  • Market Cap

    20.38B

  • Enterprise Value

    31.46B

  • Trailing P/E

    215.76

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    6.90

  • Price/Book (mrq)

    1.10

  • Enterprise Value/Revenue

    10.90

  • Enterprise Value/EBITDA

    21.72

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    3.59%

  • Return on Assets (ttm)

    1.27%

  • Return on Equity (ttm)

    1.24%

  • Revenue (ttm)

    2.89B

  • Net Income Avi to Common (ttm)

    92.44M

  • Diluted EPS (ttm)

    0.54

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    618.19M

  • Total Debt/Equity (mrq)

    51.71%

  • Levered Free Cash Flow (ttm)

    1.54B

Research Analysis: ARE

Analyst Price Targets

127.00
145.25 Average
115.69 Current
186.00 High
 

Fair Value

Overvalued
% Return
115.69 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Research Reports: ARE

  • ARE: Lowering target price to $101.00

    ALEXANDRIA REAL ESTATE EQUIT has an Investment Rating of SELL; a target price of $101.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Bearish
    Price Target
     
  • ARE: Raising target price to $104.00

    ALEXANDRIA REAL ESTATE EQUIT has an Investment Rating of SELL; a target price of $104.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Bearish
    Price Target
     
  • ARE: What does Argus have to say about ARE?

    ALEXANDRIA REAL ESTATE EQUIT has an Investment Rating of SELL; a target price of $103.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Bearish
    Price Target
     
  • ARE: What does Argus have to say about ARE?

    ALEXANDRIA REAL ESTATE EQUIT has an Investment Rating of SELL; a target price of $103.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Bearish
    Price Target
     

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