Alexandria Real Estate Equities, Inc. (NYSE:ARE) Stock Has Consensus Target Price of $52.31 According to Brokerages

Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Get Free Report) have been given an average recommendation of “Reduce” by the sixteen brokerages that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $52.31.

ARE has been the topic of a number of research reports. Jefferies Financial Group cut their price target on Alexandria Real Estate Equities from $47.00 to $46.00 and set a “hold” rating on the stock in a report on Thursday, September 24th. BNP Paribas Exane cut their price target on shares of Alexandria Real Estate Equities from $48.00 to $40.00 and set an “underperform” rating on the stock in a research report on Tuesday, September 29th. Robert W. Baird upped their price objective on Alexandria Real Estate Equities from $46.00 to $52.00 and gave the stock a “neutral” rating in a research note on Monday, August 24th. Citigroup upped their target price on shares of Alexandria Real Estate Equities from $42.00 to $50.00 and gave the company a “neutral” rating in a report on Monday, August 10th. Finally, BMO Capital Markets cut their price target on Alexandria Real Estate Equities from $52.00 to $48.00 and set a “market perform” rating for the company in a report on Monday, September 28th.

Get Our Latest Analysis on Alexandria Real Estate Equities

Insider Transactions at Alexandria Real Estate Equities

In related news, Chairman Joel Marcus purchased 5,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Friday, September 11th. The shares were acquired at an average price of $49.68 per share, with a total value of $248,400.00. Following the completion of the transaction, the chairman directly owned 597,724 shares of the company’s stock, valued at $29,694,928.32. This represents a 0.84% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kristina Fukuzaki-Carlson sold 16,810 shares of the company’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $50.51, for a total value of $849,073.10. Following the sale, the executive vice president owned 39,152 shares of the company’s stock, valued at approximately $1,977,567.52. The trade was a 30.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.35% of the company’s stock.

Institutional Trading of Alexandria Real Estate Equities

A number of institutional investors and hedge funds have recently made changes to their positions in ARE. OMERS ADMINISTRATION Corp lifted its holdings in Alexandria Real Estate Equities by 4.3% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 6,149 shares of the real estate investment trust’s stock worth $285,000 after buying an additional 252 shares during the period. Arizona State Retirement System boosted its position in shares of Alexandria Real Estate Equities by 0.7% during the 2nd quarter. Arizona State Retirement System now owns 42,994 shares of the real estate investment trust’s stock valued at $2,272,000 after purchasing an additional 286 shares in the last quarter. Tema ETFs LLC grew its stake in Alexandria Real Estate Equities by 10.5% during the second quarter. Tema ETFs LLC now owns 3,060 shares of the real estate investment trust’s stock worth $162,000 after purchasing an additional 290 shares during the period. SJS Investment Consulting Inc. increased its holdings in Alexandria Real Estate Equities by 38.7% in the first quarter. SJS Investment Consulting Inc. now owns 1,150 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 321 shares in the last quarter. Finally, Invested Advisors increased its holdings in Alexandria Real Estate Equities by 7.1% in the second quarter. Invested Advisors now owns 5,933 shares of the real estate investment trust’s stock worth $314,000 after purchasing an additional 395 shares in the last quarter. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

Shares of Alexandria Real Estate Equities stock opened at $45.68 on Tuesday. Alexandria Real Estate Equities has a 12 month low of $39.41 and a 12 month high of $78.54. 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 $7.96 billion, a PE ratio of -7.54 and a beta of 1.16. The stock’s fifty day simple moving average is $50.43 and its 200 day simple moving average is $49.21.

Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.52). The business had revenue of $662.78 million during the quarter, compared to analyst estimates of $464.86 million. Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. Alexandria Real Estate Equities’s revenue for the quarter was down 13.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.33 earnings per share. 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 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Wednesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -47.52%.

About Alexandria Real Estate Equities

(Get Free Report)

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.

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Analyst Recommendations for Alexandria Real Estate Equities (NYSE:ARE)

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