Alexandria Real Estate Equities (NYSE:ARE) Issues Quarterly Earnings Results

Alexandria Real Estate Equities (NYSE:ARE) issued its earnings results on Monday. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52), FiscalAI reports. The company had revenue of $662.78 million for the quarter, compared to the consensus estimate of $644.89 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.03%. Alexandria Real Estate Equities updated its FY 2026 guidance to 6.350-6.450 EPS.

Alexandria Real Estate Equities Stock Up 3.2%

NYSE ARE traded up $1.63 during trading hours on Monday, reaching $53.08. 2,363,651 shares of the company’s stock were exchanged, compared to its average volume of 2,266,330. The company’s 50-day moving average is $51.05 and its two-hundred day moving average is $50.37. Alexandria Real Estate Equities has a one year low of $39.41 and a one year high of $88.24. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.20 and a current ratio of 0.20. The company has a market capitalization of $9.25 billion, a price-to-earnings ratio of -8.47, a price-to-earnings-growth ratio of 6.27 and a beta of 1.15.

Alexandria Real Estate Equities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.72 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.88 annualized dividend and a dividend yield of 5.4%. Alexandria Real Estate Equities’s payout ratio is currently -45.93%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ARE. BMO Capital Markets increased their price target on shares of Alexandria Real Estate Equities from $52.00 to $54.00 and gave the company a “market perform” rating in a research report on Friday, June 12th. Citigroup restated a “market perform” rating on shares of Alexandria Real Estate Equities in a report on Monday, July 27th. Wall Street Zen raised shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. BNP Paribas Exane increased their target price on shares of Alexandria Real Estate Equities from $44.00 to $45.00 and gave the stock an “underperform” rating in a report on Wednesday, July 1st. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $52.00 price target on shares of Alexandria Real Estate Equities in a report on Tuesday, May 19th. Two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $51.08.

Insider Activity at Alexandria Real Estate Equities

In other news, CFO Marc E. Binda sold 2,000 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total transaction of $108,000.00. Following the completion of the sale, the chief financial officer owned 188,264 shares of the company’s stock, valued at $10,166,256. This represents a 1.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus acquired 7,500 shares of the stock in a transaction dated Tuesday, May 5th. The shares were bought at an average cost of $42.72 per share, with a total value of $320,400.00. Following the transaction, the chairman directly owned 587,724 shares of the company’s stock, valued at $25,107,569.28. This represents a 1.29% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.35% of the company’s stock.

Hedge Funds Weigh In On Alexandria Real Estate Equities

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Alexandria Real Estate Equities by 102.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,245 shares of the real estate investment trust’s stock valued at $2,184,000 after purchasing an additional 11,762 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Alexandria Real Estate Equities by 4,261.1% during the first quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock worth $290,000 after buying an additional 3,068 shares in the last quarter. Empowered Funds LLC raised its position in Alexandria Real Estate Equities by 4.8% in the 1st quarter. Empowered Funds LLC now owns 6,455 shares of the real estate investment trust’s stock valued at $597,000 after buying an additional 296 shares during the last quarter. Woodline Partners LP raised its position in Alexandria Real Estate Equities by 39.9% in the 1st quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust’s stock valued at $1,204,000 after buying an additional 3,714 shares during the last quarter. Finally, Focus Partners Wealth lifted its stake in Alexandria Real Estate Equities by 171.5% in the 1st quarter. Focus Partners Wealth now owns 6,591 shares of the real estate investment trust’s stock valued at $610,000 after acquiring an additional 4,163 shares in the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Company Profile

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.