Alexandria Real Estate Equities, Inc. (ARE)
| Market Cap | 20.92B |
| Revenue (ttm) | 2.95B |
| Net Income (ttm) | 184.07M |
| Shares Out | 174.88M |
| EPS (ttm) | 1.07 |
| PE Ratio | 111.82 |
| Forward PE | 36.60 |
| Dividend | $5.08 (4.25%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 875,511 |
| Open | 118.15 |
| Previous Close | 119.49 |
| Day's Range | 116.89 - 119.83 |
| 52-Week Range | 90.73 - 135.45 |
| Beta | 1.07 |
| Analysts | Strong Buy |
| Price Target | 141.80 (+18.51%) |
| Earnings Date | Apr 22, 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 2023, ARE's revenue was $2.89 billion, an increase of 11.46% 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 "Strong Buy." The 12-month stock price forecast is $141.8, which is an increase of 18.51% from the latest price.
News
Alexandria Real Estate Equities, Inc. Reports: 1Q24 Net Income per Share - Diluted of $0.97; and 1Q24 FFO per Share - Diluted, as Adjusted, of $2.35
PASADENA, Calif. , April 22, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the first quarter ended March 31, 2024.
Alexandria Real Estate Equities, Inc. Named One of the Most Trustworthy Companies in America by Newsweek for Second Consecutive Year
PASADENA, Calif. , April 2, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative...
Wall Street's Most Accurate Analysts Say Buy These 3 Real Estate Stocks With Over 3% Dividend Yields - Alexandria Real Estate (NYSE:ARE), Host Hotels & Resorts (NASDAQ:HST)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.27 per Common Share for 1Q24, for an Aggregate of $5.02 per Common Share for the 12 Months Ending March 31, 2024, an Increase of 24 Cents, or 5 Percent, Over the 12 Months Ended March 31, 2023
PASADENA, Calif. , March 4, 2024 /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 sh...
Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal and 10-Year Lease Extension With Longstanding Credit Tenant Takeda at the Alexandria Center at Kendall Square Mega Campus in Cambridge
PASADENA, Calif. , March 4, 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. to Hold Its First Quarter 2024 Operating and Financial Results Conference Call and Webcast on April 23, 2024
PASADENA, Calif. , Feb. 28, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that the company will conduct a conference call and audio webcast on Tuesday, April 2...
Alexandria Real Estate Equities, Inc. Continues Its Distinctive, Steadfast and Positive Impact on the Widespread and Complex Mental Health Crisis
Alexandria is convening its second mission-critical Alexandria Summit® on Mental Health today in Washington, DC to advance the development of novel, effective psychiatric therapies to address vast unm...
Alexandria Real Estate Equities, Inc. Announces Long-Term Tenant AstraZeneca Is Investing $300 Million in a Next-Generation Cell Therapy Manufacturing Facility at the Alexandria Center for Life Science - Shady Grove Mega Campus in Rockville, Maryland
PASADENA, Calif. , Feb. 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. Announces Pricing of Public Offering of $400,000,000 of Senior Notes due 2036 $600,000,000 of Senior Notes due 2054
PASADENA, Calif. , Feb. 1, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (NYSE: ARE) today announced that it has priced a public offering of $400,000,000 a...
Alexandria Real Estate Equities, Inc. Announces Public Offering of Senior Notes
PASADENA, Calif. , Feb. 1, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (NYSE: ARE) today announced that it is commencing an underwritten public offering,...
Alexandria Real Estate Equities, Inc. Reports: 4Q23 Net Loss per Share - Diluted of $0.54; 2023 Net Income per Share - Diluted of $0.54; and 4Q23 and 2023 FFO per Share - Diluted, As Adjusted, of $2.28 and $8.97, respectively
PASADENA, Calif. , Jan. 29, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the fourth quarter and year ended December 31, 2023.
Alexandria Real Estate Equities, Inc. Announces Tax Treatment of Year 2023 Distributions
PASADENA, Calif. , Jan. 26, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced the tax treatment of its year 2023 distributions as described in the chart below.
Real estate investing in REITS: Why investors should consider Alexandria Real Estate Equities
The housing market had a rocky year in 2023, but real estate stocks proved fruitful for some investors. Or did they?
Alexandria Real Estate Equities, Inc. Celebrates 30 Years at the Vanguard and Heart of the $5 Trillion Secularly Growing Life Science Industry
PASADENA, Calif. , Jan. 5, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative ...
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...
Bond market reflects jitters about wall of maturing office REIT debt
U.S. bonds have been reflecting growing unease about a wall of debt coming due for select owners of office buildings.
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...