Key Points
- Joel Marcus, chairman of Alexandria Real Estate Equities, bought 7,500 shares on May 5 at an average price of $42.72 for $320,400, increasing his direct holdings to 580,224 shares (a 1.31% rise).
- ARE reported quarterly EPS of $1.73 (in line with estimates) on revenue of $671.02M, down 11.5% year-over-year, and set FY2026 guidance of $6.30–$6.50 EPS (analysts expect ~6.4).
- The REIT paid a quarterly dividend of $0.72 ($2.88 annualized) for a yield of about 6.3%, with the dividend paid April 15 and record/ex-dividend date March 31.
Alexandria Real Estate Equities, Inc. (NYSE:ARE - Get Free Report) Chairman Joel Marcus purchased 7,500 shares of the firm's stock in a transaction on Tuesday, May 5th. The shares were acquired at an average price of $42.72 per share, for a total transaction of $320,400.00. Following the purchase, the chairman directly owned 580,224 shares of the company's stock, valued at approximately $24,787,169.28. This represents a 1.31% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Alexandria Real Estate Equities Stock Up 5.1%
ARE opened at $46.03 on Thursday. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $39.41 and a fifty-two week high of $88.24. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20. The firm's fifty day moving average price is $47.54 and its two-hundred day moving average price is $52.04. The company has a market capitalization of $8.02 billion, a P/E ratio of -7.34, a P/E/G ratio of 5.31 and a beta of 1.12.
Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last posted its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting analysts' consensus estimates of $1.73. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The firm had revenue of $671.02 million for the quarter, compared to the consensus estimate of $684.78 million. During the same quarter in the previous year, the company earned $2.30 earnings per share. The business's revenue was down 11.5% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. On average, analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current year.
Alexandria Real Estate Equities Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.72 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.88 dividend on an annualized basis and a dividend yield of 6.3%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently -45.93%.
Institutional Trading of Alexandria Real Estate Equities
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Avalon Trust Co bought a new stake in Alexandria Real Estate Equities during the 3rd quarter worth about $29,000. Cornerstone Planning Group LLC grew its position in shares of Alexandria Real Estate Equities by 5,916.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust's stock valued at $30,000 after purchasing an additional 355 shares during the period. CYBER HORNET ETFs LLC acquired a new position in shares of Alexandria Real Estate Equities in the 2nd quarter valued at approximately $30,000. BOKF NA grew its position in shares of Alexandria Real Estate Equities by 6,033.3% in the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 362 shares during the period. Finally, MUFG Securities EMEA plc acquired a new position in Alexandria Real Estate Equities during the 2nd quarter worth approximately $33,000. 96.54% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. Robert W. Baird reissued a "neutral" rating and set a $46.00 price objective (down from $67.00) on shares of Alexandria Real Estate Equities in a report on Monday. Citigroup reissued an "outperform" rating on shares of Alexandria Real Estate Equities in a report on Monday. BNP Paribas Exane cut their price objective on Alexandria Real Estate Equities from $50.00 to $44.00 and set an "underperform" rating for the company in a report on Tuesday, April 28th. Zacks Research raised Alexandria Real Estate Equities from a "strong sell" rating to a "hold" rating in a report on Thursday, January 29th. Finally, Jefferies Financial Group cut their price target on Alexandria Real Estate Equities from $57.00 to $47.00 and set a "hold" rating for the company in a report on Tuesday, April 14th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $51.92.
Read Our Latest Report on Alexandria Real Estate Equities
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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