Key Points
- EVP Hallie Kuhn sold 536 shares on April 17 under a pre-arranged Rule 10b5-1 plan at an average price of $48.20 for $25,835.20, trimming her stake to 48,301 shares (a 1.10% decrease).
- The firm paid a quarterly dividend of $0.72 ($2.88 annualized) representing a 6.0% yield, and shares recently traded around $47.85, down about 2.3%.
- Alexandria reported Q results of $2.16 EPS (beating by $0.01) with revenue down 4.4% year-over-year, set FY2026 EPS guidance of 6.250–6.550, and carries a consensus "Hold" rating with an average target of $63.67.
Alexandria Real Estate Equities, Inc. (NYSE:ARE - Get Free Report) EVP Hallie Kuhn sold 536 shares of the firm's stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $48.20, for a total value of $25,835.20. Following the sale, the executive vice president directly owned 48,301 shares of the company's stock, valued at $2,328,108.20. This represents a 1.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Alexandria Real Estate Equities Trading Down 2.3%
NYSE ARE opened at $47.85 on Wednesday. The business has a 50 day simple moving average of $49.16 and a 200 day simple moving average of $54.05. Alexandria Real Estate Equities, Inc. has a one year low of $41.44 and a one year high of $88.24. The stock has a market capitalization of $8.28 billion, a P/E ratio of -5.67, a P/E/G ratio of 5.93 and a beta of 1.33. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.23 and a quick ratio of 0.23.
Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its earnings results on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, topping the consensus estimate of $2.15 by $0.01. Alexandria Real Estate Equities had a negative return on equity of 6.82% and a negative net margin of 47.23%.The business had revenue of $754.41 million during the quarter, compared to analysts' expectations of $742.64 million. During the same quarter last year, the firm posted $2.39 earnings per share. The firm's revenue was down 4.4% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. Research analysts expect that Alexandria Real Estate Equities, Inc. will post 6.41 earnings per share for the current year.
Alexandria Real Estate Equities Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.72 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.88 annualized dividend and a yield of 6.0%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is currently -34.12%.
Analyst Upgrades and Downgrades
Several research firms recently commented on ARE. Deutsche Bank Aktiengesellschaft raised their target price on Alexandria Real Estate Equities from $53.00 to $55.00 and gave the stock a "hold" rating in a research note on Monday, February 2nd. The Goldman Sachs Group began coverage on Alexandria Real Estate Equities in a research note on Tuesday, February 3rd. They set a "neutral" rating and a $60.00 target price for the company. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Alexandria Real Estate Equities in a research note on Monday. Evercore cut their price target on Alexandria Real Estate Equities from $67.00 to $65.00 and set an "outperform" rating on the stock in a report on Monday, April 6th. Finally, BMO Capital Markets reiterated a "market perform" rating and issued a $52.00 price target (down from $65.00) on shares of Alexandria Real Estate Equities in a report on Wednesday, March 25th. Three investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $63.67.
Get Our Latest Report on Alexandria Real Estate Equities
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Avalon Trust Co bought a new position in Alexandria Real Estate Equities in the third quarter worth approximately $29,000. Cornerstone Planning Group LLC boosted its holdings in Alexandria Real Estate Equities by 5,916.7% in the third quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 355 shares in the last quarter. BOKF NA boosted its holdings in Alexandria Real Estate Equities by 6,033.3% in the third quarter. BOKF NA now owns 368 shares of the real estate investment trust's stock worth $31,000 after acquiring an additional 362 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Alexandria Real Estate Equities in the second quarter worth approximately $30,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in Alexandria Real Estate Equities by 109.6% in the third quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust's stock worth $36,000 after acquiring an additional 228 shares in the last quarter. Institutional investors own 96.54% of the company's stock.
About Alexandria Real Estate Equities
(
Get Free Report)
Alexandria Real Estate Equities, Inc (NYSE: ARE) is a real estate investment trust specializing in the ownership, development and management of collaborative life science and technology campuses. The company's properties are designed to support research and innovation by providing specialized laboratory, office and manufacturing space tailored to biotechnology, pharmaceutical, academic and related industries.
Since its founding in 1994, Alexandria has cultivated a diversified portfolio of campuses across leading innovation clusters in North America and Europe.
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