Alexandria Real Estate Equities, Inc. (ARE)
| Market Cap | 22.03B |
| Revenue (ttm) | 2.80B |
| Net Income (ttm) | 236.16M |
| Shares Out | 173.78M |
| EPS (ttm) | 1.38 |
| PE Ratio | 91.86 |
| Forward PE | 38.83 |
| Dividend | $5.08 (4.01%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 702,118 |
| Open | 127.99 |
| Previous Close | 128.90 |
| Day's Range | 126.64 - 129.39 |
| 52-Week Range | 90.73 - 172.65 |
| Beta | 1.05 |
| Analysts | Buy |
| Price Target | 145.45 (+14.74%) |
| Earnings Date | Jan 29, 2024 |
About ARE
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, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, a... [Read more]
Financial Performance
In 2022, ARE's revenue was $2.59 billion, an increase of 22.46% compared to the previous year's $2.11 billion. Earnings were $513.27 million, a decrease of -8.90%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for ARE stock is "Buy." The 12-month stock price forecast is $145.45, which is an increase of 14.74% from the latest price.
News
13 stocks that are down for 2023 but may bounce back in 2024 or beyond
Some investors put themselves in “value” or “growth” camps, either preferring to invest in companies trading low to book value, or expected earnings or by some other measure, or preferring to focus on...
Alexandria Real Estate Equities, Inc. Announces Long-Term 165,940 RSF, Full-Building Lease With Novo Nordisk for R&D Center at the Alexandria Center for Life Science - Waltham Mega Campus in Greater Boston
PASADENA, Calif. , Dec. 15, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative...
Alexandria Real Estate Equities, Inc. Announces Long-Term 99,557 RSF Lease With CARGO Therapeutics for Its New Headquarters and R&D Center at the Alexandria Center for Life Science - San Carlos Mega Campus in the San Francisco Bay Area
PASADENA, Calif. , Dec. 14, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative...
Alexandria Real Estate Equities, Inc. Elects Sheila McGrath to Board of Directors
PASADENA, Calif. , Dec. 4, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative ...
Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.27 per Common Share for 4Q23, an Increase of 3 Cents Over 3Q23, and an Aggregate of $4.96 per Common Share for 2023, an Increase of 24 Cents, or 5 Percent, Over 2022
PASADENA, Calif. , Dec. 4, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.27 per common sha...
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Alexandria Real Estate Equities, Inc. to Hold Its Fourth Quarter and Year End 2023 Operating and Financial Results Conference Call and Webcast on January 30, 2024
PASADENA, Calif. , Nov. 30, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that the company will conduct a conference call and audio webcast on Tuesday, January...
Alexandria Real Estate Equities, Inc. Announces Exclusive Partnership With Lilly to Expand Lilly Gateway Labs to San Diego
Alexandria and Lilly, which began their strategic relationship in 2008, are collaborating to support and accelerate the development of promising early-stage companies in the growing San Diego life sci...
Alexandria Real Estate Equities, Inc. Reports: 3Q23 and YTD 3Q23 Net Income per Share - Diluted of $0.13 and $1.08, respectively; and 3Q23 and YTD 3Q23 FFO per Share - Diluted, As Adjusted, of $2.26 and $6.69, respectively
PASADENA, Calif. , Oct. 23, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the third quarter ended September 30, 2023.
Alexandria Real Estate Equities, Inc. Launches Creation of a First-of-Its-Kind Commercial Life Science Ecosystem in The Woodlands, Greater Houston With the Grand Opening of the Alexandria Center for Advanced Technologies, a Highly Amenitized, Transit-Friendly, Cost-Effective Class A Laboratory Campus
Purpose-built to drive innovation and collaboration, Alexandria's world-class campus is anchored by Nurix Therapeutics, a leader in targeted protein modulation that is leveraging its powerful platform...
Alexandria Real Estate Equities, Inc. to Present Mission-Critical Panel on "A National Imperative to Combat Mental Illness and Addiction" at the 2023 Galien Forum USA
Alexandria's panel features congressmen and veterans Seth Moulton and Mike Waltz and Navy SEAL Foundation CEO Robin King, leading advocates of mental health and addiction recovery NEW YORK , Oct. 11, ...
Alexandria Real Estate Equities, Inc. Awarded GRESB 4 Star Ratings and Seventh Consecutive Green Star Designation in the 2023 GRESB Real Estate Assessment, Reinforcing Its Sustained ESG Leadership and Performance
Alexandria's perfect score of 100 and #1 ranking in the GRESB public disclosure module represent its sixth consecutive "A" disclosure score and reflect the company's continued best-in-class transparen...
Alexandria Real Estate Equities, Inc.'s Solid Baa1 Credit Rating With Stable Outlook Affirmed by Moody's
Alexandria's investment-grade credit ratings, which rank in the top 10% among all publicly traded U.S. REITs, coupled with its Labspace® market leadership and world-class brand, position the company w...
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Two things investors can be sure about: Nothing lasts forever and the stock market always overreacts. The spiking of yields on long-term U.S. Treasury securities has been breathtaking, and it has led ...
Alexandria Real Estate Equities, Inc. Announces Accelerated Delivery of Moderna's New 462,100 RSF HQ and R&D Center, Designed to Be the Most Sustainable Laboratory Building in Cambridge, at 325 Binney Street on the One Kendall Square Mega Campus
Alexandria earned the 2023 Visionary Award from the Cambridge Chamber of Commerce for developing 325 Binney Street, which will support Moderna as it advances a pipeline of mRNA medicines that leverage...
Alexandria Real Estate Equities, Inc.'s Strong BBB+ Credit Rating With Positive Outlook Reaffirmed by S&P Global Ratings
Alexandria's investment-grade credit ratings, which rank in the top 10% among all publicly traded U.S. REITs, and significant liquidity of $6.3 billion afford the company important flexibility to exec...
Alexandria Real Estate Equities, Inc.'s One-of-a-Kind, Essential Labspace Platform Empowers the Integration and Enhancement of Biological Discoveries Enabled by AI to Widen the Opportunities for and Accelerate the Development of Novel Medicines
Alexandria is well positioned to support companies in the growing area of AI-enhanced laboratory-based research and development, which is contributing to demand for advanced laboratory infrastructure ...
'Winter is coming' for office space stocks, top real estate investor Jonathan Litt warns
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Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.24 per Common Share for 3Q23, for an Aggregate of $4.90 per Common Share for the 12 Months Ending September 30, 2023, an Increase of 24 Cents, or 5 Percent, Over the 12 Months Ended September 30, 2022
PASADENA, Calif. , Sept. 5, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.24 per common sh...
Alexandria Real Estate Equities, Inc. to Hold Its Third Quarter 2023 Operating and Financial Results Conference Call and Webcast on October 24, 2023
PASADENA, Calif. , Aug. 29, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that the company will conduct a conference call and audio webcast on Tuesday, October...
Alexandria Real Estate Equities, Inc. Accelerates Commitment to Advancing the Development of Novel, Safe and Effective Psychiatric Medicines to Address the Devastating and Pervasive Mental Health Crisis
Suicide deaths in the United States reached a record high in 2022, according to CDC data, underscoring the need to swiftly act to reduce the stigma around mental illness, increase access to care and t...
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With another earnings season almost complete, it might be useful for investors to look further ahead. Each earnings season, we can see 70% to 80% of the S&P 500 “beating” consensus quarterly profit es...
Alexandria Real Estate (ARE) is a good REIT: But is it a good buy?
Alexandria Real Estate (NYSE: ARE) stock price has not been left behind in the ongoing REIT carnage. The stock has dropped by 15% this year and by 26% in the past 12 months as concerns about high-inte...
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