News stories about Alexandria Real Estate Equities (NYSE:ARE) have trended somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Alexandria Real Estate Equities earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 46.191220202353 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Alexandria Real Estate Equities Inc (ARE) Position Raised by Cbre Clarion Securities LLC (americanbankingnews.com)
- Alexandria Real Estate Equities, Inc. to Hold Its First Quarter – KSWO 7News | Breaking News, Weather and Sports (kswo.com)
- Alexandria Real Estate Equities, Inc. to Hold Its First Quarter 2018 Operating and Financial Results Conference Call and Webcast on May 1, 2018 (finance.yahoo.com)
- Sei Investments Co. Decreases Stake in Alexandria Real Estate Equities Inc (ARE) (americanbankingnews.com)
- UBS Asset Management Americas Inc. Buys 51,653 Shares of Alexandria Real Estate Equities Inc (ARE) (americanbankingnews.com)
A number of research analysts have recently weighed in on ARE shares. Mizuho reaffirmed a “buy” rating and set a $140.00 price objective on shares of Alexandria Real Estate Equities in a research report on Wednesday, November 1st. Zacks Investment Research raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. Bank of America lifted their target price on Alexandria Real Estate Equities from $129.00 to $133.00 and gave the company a “neutral” rating in a research note on Monday, November 6th. Canaccord Genuity reissued a “buy” rating and set a $20.37 target price on shares of Alexandria Real Estate Equities in a research note on Monday, December 11th. Finally, Barclays lifted their target price on Alexandria Real Estate Equities from $132.00 to $133.00 and gave the company an “overweight” rating in a research note on Tuesday, January 30th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $105.67.
Alexandria Real Estate Equities (NYSE:ARE) last issued its earnings results on Monday, January 29th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.54 by ($1.16). The business had revenue of $298.79 million for the quarter, compared to the consensus estimate of $293.63 million. Alexandria Real Estate Equities had a net margin of 14.77% and a return on equity of 3.08%. The firm’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same period last year, the business posted $1.42 EPS. equities research analysts predict that Alexandria Real Estate Equities will post 6.57 EPS for the current year.
In other Alexandria Real Estate Equities news, CEO Joel S. Marcus sold 30,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $125.37, for a total value of $3,761,100.00. Following the sale, the chief executive officer now owns 671,358 shares of the company’s stock, valued at approximately $84,168,152.46. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Joel S. Marcus sold 5,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $120.86, for a total value of $604,300.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 111,250 shares of company stock worth $14,081,720. Corporate insiders own 1.51% of the company’s stock.
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About Alexandria Real Estate Equities
Alexandria Real Estate Equities, Inc is a real estate investment (REIT). The Company is engaged in the business of providing space for lease to the life science and technology industries. It focuses on collaborative life science and technology campuses. It develops urban cluster campuses and ecosystems.
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