Alexandria Real Estate Equities, Inc. (ARE)
Market Cap | 18.93B |
Revenue (ttm) | 3.09B |
Net Income (ttm) | 282.55M |
Shares Out | 174.76M |
EPS (ttm) | 1.64 |
PE Ratio | 65.84 |
Forward PE | 33.87 |
Dividend | $5.20 (4.80%) |
Ex-Dividend Date | Sep 30, 2024 |
Volume | 1,010,506 |
Open | 106.00 |
Previous Close | 105.89 |
Day's Range | 105.78 - 108.31 |
52-Week Range | 102.89 - 135.45 |
Beta | 1.18 |
Analysts | Buy |
Price Target | 130.10 (+20.13%) |
Earnings Date | Oct 21, 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 mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, San Diego, Seattle, Maryland, Research Triangle, and New York City. Alexandria... [Read more]
Financial Performance
In 2023, ARE's revenue was $2.89 billion, an increase of 11.47% compared to the previous year's $2.59 billion. Earnings were $92.44 million, a decrease of -81.99%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for ARE stock is "Buy." The 12-month stock price forecast is $130.1, which is an increase of 20.13% from the latest price.
News
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Alexandria Real Estate Equities, Inc. Announces Long-Term 258,581 RSF Lease With Longstanding Tenant Vaxcyte, Inc. at the Alexandria Center for Life Science - San Carlos Mega Campus
PASADENA, Calif. , Nov. 21, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative...
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Alexandria Real Estate Equities, Inc. Enables the Discovery, Development and Delivery of New Innovative Medicines That Are Key to Addressing Significant Unmet Medical Need
Alexandria to lead mission-critical panel on immunology and inflammation as a cornerstone of treating human disease tomorrow at the 2024 Galien Forum USA at the Alexandria Center® for Life Science – N...
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Alexandria Real Estate Equities remains a strong buy due to its strategic mega campuses, high occupancy rates, and robust rental collections. Alexandria Real Estate reported solid earnings with 11% re...
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Alexandria Real Estate Equities, Inc. (ARE) Q3 2024 Earnings Call Transcript
Alexandria Real Estate Equities, Inc. (NYSE:ARE) Q3 2024 Results Conference Call October 22, 2024 3:00 PM ET Company Participants Paula Schwartz - Investor Relations Joel Marcus - Executive Chairman ...
Alexandria Real Estate Equities, Inc. Reports: 3Q24 and YTD 3Q24 Net Income per Share - Diluted of $0.96 and $2.18, respectively; and 3Q24 and YTD 3Q24 FFO per Share - Diluted, as Adjusted, of $2.37 and $7.08, respectively
PASADENA, Calif. , Oct. 21, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the third quarter ended September 30, 2024.
Alexandria Real Estate: Recent Strategy Should Drive Its Stock Price Higher
Alexandria Real Estate is undervalued, with its stock price at half of its 2021 peak, despite strong fundamentals and growth strategies. The company's focus on Class A/A+ properties and mega-campuses ...
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Alexandria Real Estate remains a top-tier lab-oriented REIT with strong cash flow, high tenant loyalty, and excellent management, making it a solid investment. ARE's financial health is robust, with a...
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Alexandria Real Estate Equities, Inc. Named One of the World's Most Trustworthy Companies by Newsweek
PASADENA, Calif. , Sept. 30, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborativ...
Alexandria Real Estate Equities, Inc. Closes Strategic Value-Harvesting Disposition of 1165 Eastlake Avenue East in the Lake Union Submarket of Seattle
PASADENA, Calif., Sept. 12, 2024 /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. Honored for Sustainable Design in Nareit's Inaugural Sustainability Impact Awards, Highlighting Its Longstanding Operational Excellence at the Vanguard and Heart of the Life Science Industry
Alexandria's prestigious recognition among Nareit's first cohort of honorees demonstrates the company's continued leadership in advancing innovative sustainable design strategies for its mission-criti...
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