Alexandria Real Estate Equities (NYSE:ARE) Posts Quarterly Earnings Results, Misses Expectations By $0.52 EPS

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

Alexandria Real Estate Equities Price Performance

NYSE ARE traded up $1.63 during trading on Monday, reaching $53.08. 2,387,645 shares of the company traded hands, compared to its average volume of 2,266,528. Alexandria Real Estate Equities has a 1-year low of $39.41 and a 1-year high of $88.24. The company has a market cap of $9.25 billion, a price-to-earnings ratio of -8.47, a P/E/G ratio of 6.27 and a beta of 1.15. The stock’s 50 day moving average price is $51.05 and its two-hundred day moving average price is $50.37. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.20 and a current ratio of 0.20.

Alexandria Real Estate Equities Announces Dividend

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

Insider Activity at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, CFO Marc E. Binda sold 2,000 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total value of $108,000.00. Following the sale, the chief financial officer directly owned 188,264 shares in the company, 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 SEC, 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 company’s stock in a transaction on Tuesday, May 5th. The shares were bought at an average price of $42.72 per share, with a total value of $320,400.00. Following the completion of the purchase, the chairman directly owned 587,724 shares of the company’s stock, valued at approximately $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. 1.35% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. CYBER HORNET ETFs LLC acquired a new position in shares of Alexandria Real Estate Equities in the 2nd quarter worth approximately $30,000. BOKF NA raised its position in 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 last quarter. MUFG Securities EMEA plc bought a new position in Alexandria Real Estate Equities in the 2nd quarter valued at $33,000. CIBC Private Wealth Group LLC boosted its stake 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 purchasing an additional 228 shares in the last quarter. Finally, Quarry LP grew its holdings in shares of Alexandria Real Estate Equities by 33.9% during the fourth quarter. Quarry LP now owns 991 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 251 shares during the last quarter. Institutional investors own 96.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on ARE shares. Weiss Ratings restated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Friday, July 17th. Robert W. Baird reissued a “neutral” rating and issued a $46.00 price objective (down from $67.00) on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Wall Street Zen upgraded shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Zacks Research lowered shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. Finally, Cantor Fitzgerald cut their target price on shares of Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Alexandria Real Estate Equities currently has a consensus rating of “Reduce” and an average price target of $51.08.

About Alexandria Real Estate Equities

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.