Alexandria Real Estate Equities, Inc. (ARE)
- Previous Close
118.57 - Open
121.29 - Bid --
- Ask --
- Day's Range
119.29 - 123.19 - 52 Week Range
90.73 - 135.45 - Volume
1,239,381 - Avg. Volume
1,017,280 - Market Cap (intraday)
20.897B - Beta (5Y Monthly) --
- PE Ratio (TTM)
110.64 - EPS (TTM)
1.08 - Earnings Date Jul 22, 2024 - Jul 26, 2024
- Forward Dividend & Yield 5.08 (4.25%)
- 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.comRecent News: ARE
Performance Overview: ARE
Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: ARE
Valuation Measures
Market Cap
20.90B
Enterprise Value
32.77B
Trailing P/E
111.67
Forward P/E
--
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
6.93
Price/Book (mrq)
1.13
Enterprise Value/Revenue
11.09
Enterprise Value/EBITDA
20.54
Financial Highlights
Profitability and Income Statement
Profit Margin
6.64%
Return on Assets (ttm)
1.29%
Return on Equity (ttm)
1.67%
Revenue (ttm)
2.95B
Net Income Avi to Common (ttm)
184.07M
Diluted EPS (ttm)
1.08
Balance Sheet and Cash Flow
Total Cash (mrq)
722.18M
Total Debt/Equity (mrq)
53.69%
Levered Free Cash Flow (ttm)
--
Research Analysis: ARE
Company Insights: ARE
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
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.
RatingPrice TargetARE: 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.
RatingPrice TargetARE: 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.
RatingPrice TargetARE: 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.
RatingPrice Target