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Alexandria Real Estate Equities Inc (ARE)

NYSE
Currency in USD
121.20
+1.20(+1.00%)
Closed
After Hours
121.200.00(0.00%)
ARE Scorecard
Full Analysis
Has raised its dividend for 13 consecutive years
Earnings results expected in 5 days
Fair Value
Day's Range
120.53122.63
52 wk Range
90.73135.45
Prev. Close
121.2
Open
120.67
Day's Range
120.53-122.63
52 wk Range
90.73-135.45
Volume
1,127,703
Average Volume (3m)
1,052,794
1-Year Change
20.12%
Book Value / Share
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Fair Value
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Fair Value Upside
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ARE Scorecardpro icon
Company’s Health
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Fair Value
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Upsidepro lock
Price Target
135.92
Upside
+12.15%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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InvestingPro Research for Alexandria Real Estate Equities Inc


Life Sciences Leade
Alexandria Real Estate Equities navigates market shifts as a premier developer of biotech campuses, balancing short-term challenges with long-term growth potential
Financial Resilience
Explore ARE's steady Q2 performance, maintaining full-year guidance despite headwinds from strategic transactions and market fluctuations
Strategic Positioning
Delve into ARE's focus on mega-campuses and trophy portfolios, positioning the company for future growth in prime life sciences locations
Market Outlook
Analyst targets range from $130 to $140, reflecting mixed views on ARE's ability to overcome near-term hurdles and capitalize on long-term sector trends

Alexandria Real Estate Equities Inc Company Profile

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.

Compare ARE to Peers and Sector

Metrics to compare
ARE
Peers
Sector
Relationship
P/E Ratio
151.7x34.0x7.7x
PEG Ratio
−2.01−0.620.01
Price/Book
1.2x2.0x0.9x
Price / LTM Sales
7.0x8.9x3.8x
Upside (Analyst Target)
7.3%−3.3%11.8%
Fair Value Upside
Unlock−16.0%0.8%Unlock

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FAQ

What Is the Alexandria RE (ARE) Stock Price Today?

The Alexandria RE stock price today is 121.20

What Stock Exchange Does Alexandria RE Trade On?

Alexandria RE is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Alexandria RE?

The stock symbol for Alexandria RE is "ARE."

Does Alexandria RE Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 4.29%.

What Is the Alexandria RE Market Cap?

As of today, Alexandria RE market cap is 21.20B.

What is Alexandria RE Earnings Per Share?

The Alexandria RE EPS is 0.815.

What Is the Next Alexandria RE Earnings Date?

Alexandria RE will release its next earnings report on Oct 20, 2024.

From a Technical Analysis Perspective, Is ARE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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