Alexandria Real Estate Equities (NYSE:ARE) Reaches New 12-Month Low – Time to Sell?

Alexandria Real Estate Equities, Inc. (NYSE:ARE)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $44.10 and last traded at $43.7610, with a volume of 2096276 shares. The stock had previously closed at $46.42.

Analyst Ratings Changes

A number of equities analysts have weighed in on ARE shares. Mizuho decreased their target price on shares of Alexandria Real Estate Equities from $91.00 to $70.00 and set an “outperform” rating for the company in a research note on Friday, January 9th. Citigroup cut their price target on Alexandria Real Estate Equities from $61.00 to $52.00 and set a “neutral” rating on the stock in a research note on Thursday, December 4th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 21st. Zacks Research upgraded Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 29th. Finally, The Goldman Sachs Group initiated coverage on Alexandria Real Estate Equities in a report on Tuesday, February 3rd. They issued a “neutral” rating and a $60.00 target price on the stock. Three 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 an average rating of “Hold” and an average target price of $64.47.

Alexandria Real Estate Equities Trading Down 0.3%

The stock has a market cap of $7.48 billion, a PE ratio of -5.11, a PEG ratio of 5.24 and a beta of 1.33. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.65. The stock’s fifty day moving average price is $51.85 and its 200 day moving average price is $58.05.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share for the quarter, topping analysts’ consensus estimates of $2.15 by $0.01. The company had revenue of $754.41 million during the quarter, compared to analyst estimates of $742.64 million. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The firm’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. On average, sell-side analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend is Tuesday, March 31st. Alexandria Real Estate Equities’s dividend payout ratio is presently -34.12%.

Alexandria Real Estate Equities declared that its Board of Directors has initiated a share repurchase plan on Monday, December 8th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to purchase up to 6.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus acquired 25,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Thursday, February 12th. The stock was bought at an average cost of $53.92 per share, for a total transaction of $1,348,000.00. Following the acquisition, the chairman owned 562,724 shares of the company’s stock, valued at $30,342,078.08. This represents a 4.65% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.08% of the stock is owned by company insiders.

Institutional Trading of Alexandria Real Estate Equities

Institutional investors have recently made changes to their positions in the stock. IFM Investors Pty Ltd lifted its position in Alexandria Real Estate Equities by 0.3% during the third quarter. IFM Investors Pty Ltd now owns 58,544 shares of the real estate investment trust’s stock valued at $4,909,000 after purchasing an additional 150 shares during the period. Kaufman Rossin Wealth LLC grew its position in Alexandria Real Estate Equities by 6.3% in the 3rd quarter. Kaufman Rossin Wealth LLC now owns 2,954 shares of the real estate investment trust’s stock worth $246,000 after purchasing an additional 174 shares during the period. Farther Finance Advisors LLC raised its stake in Alexandria Real Estate Equities by 18.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 188 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Alexandria Real Estate Equities by 0.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock valued at $1,711,000 after buying an additional 198 shares during the last quarter. Finally, New Mexico Educational Retirement Board lifted its holdings in shares of Alexandria Real Estate Equities by 2.9% during the 4th quarter. New Mexico Educational Retirement Board now owns 7,200 shares of the real estate investment trust’s stock valued at $352,000 after buying an additional 200 shares during the period. Hedge funds and other institutional investors own 96.54% of the company’s stock.

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.