Cantor Fitzgerald Issues Pessimistic Forecast for Alexandria Real Estate Equities (NYSE:ARE) Stock Price

Alexandria Real Estate Equities (NYSE:ARE) had its target price reduced by investment analysts at Cantor Fitzgerald from $52.00 to $48.00 in a research report issued on Friday,MarketScreener reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. Cantor Fitzgerald’s price target points to a potential upside of 2.35% from the company’s current price.

A number of other equities research analysts have also recently issued reports on ARE. Zacks Research cut shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Wednesday, October 8th. Royal Bank Of Canada cut their target price on shares of Alexandria Real Estate Equities from $98.00 to $65.00 and set a “sector perform” rating for the company in a research report on Monday, November 3rd. Robert W. Baird lowered their price target on Alexandria Real Estate Equities from $73.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, Evercore ISI dropped their price objective on Alexandria Real Estate Equities from $72.00 to $64.00 and set an “outperform” rating on the stock in a research note on Thursday. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $72.43.

Alexandria Real Estate Equities Stock Up 0.7%

Alexandria Real Estate Equities stock opened at $46.90 on Friday. The firm’s 50 day moving average price is $64.36 and its two-hundred day moving average price is $72.70. The firm has a market cap of $8.11 billion, a PE ratio of -18.96, a P/E/G ratio of 4.17 and a beta of 1.32. Alexandria Real Estate Equities has a twelve month low of $45.92 and a twelve month high of $107.19. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.24 and a current ratio of 0.24.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $2.22 EPS for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.09). The firm had revenue of $751.94 million during the quarter, compared to analyst estimates of $752.90 million. Alexandria Real Estate Equities had a negative return on equity of 1.89% and a negative net margin of 13.43%.The company’s quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.37 EPS. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. On average, research analysts predict that Alexandria Real Estate Equities will post 9.32 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. IFM Investors Pty Ltd grew its holdings in shares of Alexandria Real Estate Equities by 0.3% in the 3rd quarter. IFM Investors Pty Ltd now owns 58,544 shares of the real estate investment trust’s stock worth $4,909,000 after purchasing an additional 150 shares during the last quarter. Presima Securities ULC grew its stake in Alexandria Real Estate Equities by 1.4% during the first quarter. Presima Securities ULC now owns 11,895 shares of the real estate investment trust’s stock worth $1,100,000 after buying an additional 170 shares during the last quarter. Kaufman Rossin Wealth LLC increased its holdings in shares of Alexandria Real Estate Equities by 6.3% during the third quarter. Kaufman Rossin Wealth LLC now owns 2,954 shares of the real estate investment trust’s stock worth $246,000 after buying an additional 174 shares in the last quarter. CX Institutional boosted its holdings in shares of Alexandria Real Estate Equities by 13.8% in the 2nd quarter. CX Institutional now owns 1,445 shares of the real estate investment trust’s stock worth $105,000 after acquiring an additional 175 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position 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 worth $1,711,000 after acquiring an additional 198 shares during the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

About Alexandria Real Estate Equities

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, and Research Triangle.