Alexandria Real Estate Equities (NYSE:ARE) Reaches New 12-Month Low – Should You Sell?

Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $44.10 and last traded at $43.7610, with a volume of 2096276 shares trading hands. The stock had previously closed at $46.42.

Analyst Ratings Changes

ARE has been the topic of a number of recent analyst reports. Morgan Stanley dropped their price target on shares of Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Monday, February 9th. Cantor Fitzgerald upped their price objective on shares of Alexandria Real Estate Equities from $46.00 to $60.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Evercore lifted their target price on shares of Alexandria Real Estate Equities from $64.00 to $67.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Zacks Research upgraded Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 29th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $60.00 target price on shares of Alexandria Real Estate Equities in a report on Tuesday, February 10th. Three equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alexandria Real Estate Equities currently has an average rating of “Hold” and a consensus target price of $64.47.

Alexandria Real Estate Equities Stock Down 5.9%

The company has a market capitalization of $7.57 billion, a PE ratio of -5.17, a P/E/G ratio of 5.60 and a beta of 1.31. The stock’s fifty day moving average is $52.45 and its two-hundred day moving average is $58.26. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.65.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, topping the consensus estimate of $2.15 by $0.01. The business had revenue of $754.41 million for the quarter, compared to analyst estimates of $742.64 million. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The company’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.39 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a $0.72 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $2.88 annualized dividend and a yield of 6.6%. Alexandria Real Estate Equities’s dividend payout ratio is presently -34.12%.

Alexandria Real Estate Equities declared that its Board of Directors has approved a share repurchase plan on Monday, December 8th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to reacquire up to 6.4% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Alexandria Real Estate Equities

In other news, Chairman Joel S. Marcus acquired 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was bought at an average price of $53.92 per share, with a total value of $1,348,000.00. Following the acquisition, the chairman owned 562,724 shares in the company, valued at $30,342,078.08. The trade was a 4.65% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.15% of the company’s stock.

Hedge Funds Weigh In On Alexandria Real Estate Equities

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hsbc Holdings PLC increased its stake in shares of Alexandria Real Estate Equities by 92.9% in the fourth quarter. Hsbc Holdings PLC now owns 1,056,161 shares of the real estate investment trust’s stock worth $51,666,000 after purchasing an additional 508,578 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in Alexandria Real Estate Equities by 44.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,660 shares of the real estate investment trust’s stock worth $228,000 after buying an additional 1,431 shares during the period. Corient Private Wealth LLC boosted its holdings in Alexandria Real Estate Equities by 52.9% in the 4th quarter. Corient Private Wealth LLC now owns 36,557 shares of the real estate investment trust’s stock worth $1,790,000 after buying an additional 12,649 shares during the period. Flax Pond Capital LLC purchased a new position in Alexandria Real Estate Equities in the 4th quarter valued at approximately $2,809,000. Finally, Alpine Global Management LLC purchased a new position in Alexandria Real Estate Equities in the 4th quarter valued at approximately $201,000. Institutional investors own 96.54% of the company’s stock.

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.