Alexandria Real Estate Equities IncARE

ARE current price
$102.67-17.71%

Capital at risk.

1W
-2.42%
1M
-5.76%
3M
-16.79%
6M
-8.88%
1Y
-17.71%
MAX
+59.43%
Calendar
event
Ex dividend date
31 Dec 2024
event_available
Last Dividend Payment
15 Oct 2024
About Alexandria Real Estate Equities Inc
Ticker
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ARE
Trading on
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NYSE
ISIN
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US0152711091
Industry
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REIT - Office
Sector
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Real Estate
CEO
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Peter M. Moglia
Headquarters
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26 North Euclid Avenue, Pasadena, CA, United States, 91101-6104
Employees
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568
Website
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are.com
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 mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, San Diego, Seattle, Maryland, Research Triangle, and New York City. Alexandria has a total market capitalization of $34.4 billion and an asset base in North America of 74.1 million SF as of March 31, 2024, which includes 42.2 million RSF of operating properties, 5.3 million RSF of Class A/A+ properties undergoing construction and one committed near-term project expected to commence construction in the next two years, 2.5 million RSF of priority anticipated development and redevelopment projects, and 24.1 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science 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 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.
Metrics
BasicAdvanced
Market cap
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$18.1B
P/E ratio
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62.99
EPS
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$1.63
Dividend Yield
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5.11%
Beta
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1.18
Forward P/E ratio
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16.69
EBIDTA
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$1.91B
Ex dividend date
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2024-12-31
Price & volume
Market cap
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$18.1B
Average daily volume
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1.2M
90-day return
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-16.79%
30-day return
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-5.76%
7-day return
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-2.42%
Dividends
Dividend per share
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$5.14
Dividend yield
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5.11%
Forward dividend per share
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$5.28
Forward dividend yield
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5.11%
Payout ratio
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3.13%
Valuation
P/E ratio
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62.99
Forward P/E
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16.69
PEG ratio
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844.2
Trailing P/E
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62.99
Price to sales
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5.86
Price to book
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0.99
Earnings
EPS
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$1.63
EPS estimate (current quarter)
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$0.88
EPS estimate (next quarter)
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$0.90
EBITDA
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$1.91B
Revenues (TTM)
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$3.09B
Revenues per share (TTM)
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$17.96
Technicals
Beta
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1.18
52-week High
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$128.74
52-week Low
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$101.39
50-day moving average
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$112.09
200-day moving average
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$118.05
Short ratio
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2.44
Short %
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2.00%
Management effectiveness
ROE (TTM)
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2.13%
ROA (TTM)
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1.40%
Profit margin
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9.62%
Gross profit margin
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$1.81B
Operating margin
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27.86%
Growth
Quarterly earnings growth (YoY)
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648.40%
Quarterly revenue growth (YoY)
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10.90%
Share stats
Outstanding Shares
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175M
Float
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172M
Insiders %
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0.90%
Institutions %
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94.80%
Analyst Insights & forecasts
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39% Buy

61% Hold

0% Sell

Based on information from 13 analysts.

Average price target

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$121.38
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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-$0.54
$0.56
196.43%
Q4 • 23Beat
$0.97
$0.81
19.75%
Q1 • 24Beat
$0.25
$0.80
68.75%
Q2 • 24Beat
$0.96
$0.90
6.67%
Q3 • 24Beat
-
-
-
Q4 • 24Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$767M
$46.7M
6.09%
Q2 • 24
$776M
$165M
21.23%
Q3 • 24
1.18%
252.61%
248.51%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$37.8B
$15.2B
40.11%
Q2 • 24
$38.5B
$15.8B
41.01%
Q3 • 24
1.69%
3.98%
2.25%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$412M
$-574M
$-80.8M
$412M
Q2 • 24
$477M
$-488M
$24.9M
$477M
Q3 • 24
15.93%
14.84%
130.89%
15.93%
QoQ growth
QuarterlyAnnual
Sentiment analysis

-1.5

Greed

+1.5

0.58

Last 30 days

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Alexandria Real Estate Equities Inc share?
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Alexandria Real Estate Equities Inc shares are currently traded for $102.67 per share.

How many shares does Alexandria Real Estate Equities Inc have?
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Alexandria Real Estate Equities Inc currently has 175M shares.

Does Alexandria Real Estate Equities Inc pay dividends?
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Yes, Alexandria Real Estate Equities Inc does pay dividends.

What is Alexandria Real Estate Equities Inc 52 week high?
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Alexandria Real Estate Equities Inc 52 week high is $128.74.

What is Alexandria Real Estate Equities Inc 52 week low?
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Alexandria Real Estate Equities Inc 52 week low is $101.39.

What is the 200-day moving average of Alexandria Real Estate Equities Inc?
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Alexandria Real Estate Equities Inc 200-day moving average is $118.05.

Who is Alexandria Real Estate Equities Inc CEO?
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The CEO of Alexandria Real Estate Equities Inc is Peter M. Moglia.

How many employees Alexandria Real Estate Equities Inc has?
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Alexandria Real Estate Equities Inc has 568 employees.

What is the market cap of Alexandria Real Estate Equities Inc?
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The market cap of Alexandria Real Estate Equities Inc is $18.1B.

What is the P/E of Alexandria Real Estate Equities Inc?
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The current P/E of Alexandria Real Estate Equities Inc is 62.99.

What is the EPS of Alexandria Real Estate Equities Inc?
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The EPS of Alexandria Real Estate Equities Inc is $1.63.

What is the PEG Ratio of Alexandria Real Estate Equities Inc?
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The PEG Ration of Alexandria Real Estate Equities Inc is 844.2.

What do analysts say about Alexandria Real Estate Equities Inc?
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According to the analysts Alexandria Real Estate Equities Inc is considered a hold.