Alexandria Real Estate Equities (NYSE:ARE) Chairman Acquires 5,000 Shares

Alexandria Real Estate Equities, Inc. (NYSE:ARE) Chairman Joel Marcus acquired 5,000 shares of the business’s stock in a transaction on Friday, September 11th. The shares were bought 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 approximately $29,694,928.32. The trade was a 0.84% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Alexandria Real Estate Equities Stock Performance

Shares of Alexandria Real Estate Equities stock traded up $0.90 on Tuesday, hitting $52.86. The stock had a trading volume of 1,722,171 shares, compared to its average volume of 2,214,755. Alexandria Real Estate Equities, Inc. has a twelve month low of $39.41 and a twelve month high of $88.24. The business’s 50 day moving average is $50.52 and its two-hundred day moving average is $49.35. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.67. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of -8.72 and a beta of 1.15.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). The firm had revenue of $662.78 million for the quarter, compared to the consensus estimate of $464.86 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.Alexandria Real Estate Equities’s revenue for the quarter was down 13.0% on a year-over-year basis. During the same quarter last year, the business posted $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.39 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.72 per share. The ex-dividend date is Wednesday, September 30th. This represents a $2.88 annualized dividend and a yield of 5.4%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -47.52%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ARE. Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Friday, July 17th. Cantor Fitzgerald raised their price target on shares of Alexandria Real Estate Equities from $43.00 to $52.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $52.00 price objective on shares of Alexandria Real Estate Equities in a research note on Tuesday, May 19th. BMO Capital Markets boosted their price objective on shares of Alexandria Real Estate Equities from $52.00 to $54.00 and gave the company a “market perform” rating in a report on Friday, June 12th. Finally, Evercore restated an “outperform” rating and set a $57.00 target price on shares of Alexandria Real Estate Equities in a research report on Monday, August 17th. Two equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Alexandria Real Estate Equities presently has a consensus rating of “Reduce” and a consensus price target of $52.85.

Institutional Investors Weigh In On Alexandria Real Estate Equities

A number of large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Alexandria Real Estate Equities in the 2nd quarter valued at approximately $1,146,423,000. Norges Bank bought a new stake in shares of Alexandria Real Estate Equities during the 4th quarter worth approximately $805,429,000. Geode Capital Management LLC boosted its position in shares of Alexandria Real Estate Equities by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 4,459,453 shares of the real estate investment trust’s stock worth $217,466,000 after acquiring an additional 48,490 shares in the last quarter. Capital World Investors boosted its position in shares of Alexandria Real Estate Equities by 0.8% during the 4th quarter. Capital World Investors now owns 3,720,956 shares of the real estate investment trust’s stock worth $182,104,000 after acquiring an additional 29,575 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Alexandria Real Estate Equities by 52.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,582,387 shares of the real estate investment trust’s stock valued at $175,322,000 after acquiring an additional 1,236,781 shares during the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

About Alexandria Real Estate Equities

Alexandria Real Estate Equities, Inc (NYSE:ARE) is a real estate investment trust that owns, operates and develops collaborative life science, agtech and advanced technology campuses. The company provides specialized laboratory, research and office space designed to support organizations working in biotechnology, pharmaceuticals, medical devices, diagnostics, agriculture and related technology fields.

Founded in 1994, Alexandria focuses on properties located in established innovation clusters, where its campuses bring together research institutions, universities, hospitals, government agencies, start-ups and established companies.