
Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) – Analysts at Zacks Research lowered their Q1 2027 earnings estimates for Alexandria Real Estate Equities in a report released on Monday, July 20th. Zacks Research analyst Team now expects that the real estate investment trust will earn $1.46 per share for the quarter, down from their prior forecast of $1.47. The consensus estimate for Alexandria Real Estate Equities’ current full-year earnings is $6.37 per share. Zacks Research also issued estimates for Alexandria Real Estate Equities’ Q2 2027 earnings at $1.46 EPS, Q3 2027 earnings at $1.42 EPS, Q4 2027 earnings at $1.23 EPS, FY2027 earnings at $5.56 EPS, Q1 2028 earnings at $1.39 EPS, Q2 2028 earnings at $1.40 EPS and FY2028 earnings at $5.62 EPS.
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 EPS for the quarter, hitting the consensus estimate 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 business had revenue of $671.02 million during the quarter, compared to analysts’ expectations of $684.78 million. During the same period last year, the company posted $2.30 earnings per share. The firm’s quarterly 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.
Check Out Our Latest Research Report on Alexandria Real Estate Equities
Alexandria Real Estate Equities Stock Down 0.3%
Alexandria Real Estate Equities stock opened at $50.05 on Tuesday. Alexandria Real Estate Equities has a twelve month low of $39.41 and a twelve month 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 firm has a market cap of $8.72 billion, a PE ratio of -7.98, a P/E/G ratio of 6.11 and a beta of 1.17. The firm’s 50 day moving average price is $50.18 and its two-hundred day moving average price is $50.35.
Alexandria Real Estate Equities Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Alexandria Real Estate Equities’s payout ratio is currently -45.93%.
Insiders Place Their Bets
In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus purchased 7,500 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were bought at an average price of $42.72 per share, for a total transaction of $320,400.00. Following the purchase, the chairman directly owned 587,724 shares in the company, valued at $25,107,569.28. This trade represents a 1.29% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Marc E. Binda sold 2,000 shares of the firm’s 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 transaction, the chief financial officer owned 188,264 shares in the company, valued at $10,166,256. This represents a 1.05% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.35% of the company’s stock.
Hedge Funds Weigh In On Alexandria Real Estate Equities
Several institutional investors have recently bought and sold shares of ARE. Gradient Investments LLC raised its stake in shares of Alexandria Real Estate Equities by 1,453.9% in the fourth quarter. Gradient Investments LLC now owns 257,838 shares of the real estate investment trust’s stock valued at $12,619,000 after purchasing an additional 241,245 shares in the last quarter. Norges Bank acquired a new stake in Alexandria Real Estate Equities during the fourth quarter worth $805,429,000. Sumitomo Mitsui Trust Group Inc. increased its holdings in Alexandria Real Estate Equities by 21.8% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,415,876 shares of the real estate investment trust’s stock valued at $69,293,000 after buying an additional 253,402 shares during the period. Monaco Asset Management SAM bought a new stake in Alexandria Real Estate Equities in the 4th quarter valued at $6,582,000. Finally, Thompson Investment Management Inc. raised its stake in shares of Alexandria Real Estate Equities by 53.0% in the 4th quarter. Thompson Investment Management Inc. now owns 172,094 shares of the real estate investment trust’s stock valued at $8,422,000 after buying an additional 59,613 shares in the last quarter. 96.54% of the stock is currently owned by institutional investors.
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.
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