Alexandria Real Estate Equities’ (ARE) Underweight Rating Reaffirmed at Morgan Stanley

Alexandria Real Estate Equities (NYSE:ARE)‘s stock had its “underweight” rating restated by equities researchers at Morgan Stanley in a research note issued to investors on Thursday, MarketBeat.com reports. They currently have a $53.00 price target on the real estate investment trust’s stock. Morgan Stanley’s price target suggests a potential upside of 0.39% from the stock’s current price.

A number of other brokerages have also issued reports on ARE. JPMorgan Chase & Co. decreased their target price on shares of Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 10th. BMO Capital Markets reiterated a “market perform” rating and issued a $52.00 price target (down from $65.00) on shares of Alexandria Real Estate Equities in a research report on Wednesday, March 25th. Citigroup reissued an “outperform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Jefferies Financial Group lowered their price objective on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Finally, Cantor Fitzgerald dropped their price objective on Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $51.46.

Alexandria Real Estate Equities Stock Performance

ARE stock traded up $0.48 during trading hours on Thursday, hitting $52.79. 94,807 shares of the stock were exchanged, compared to its average volume of 2,434,085. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $9.20 billion, a P/E ratio of -8.42, a P/E/G ratio of 6.42 and a beta of 1.19. The company has a 50-day simple moving average of $46.82 and a two-hundred day simple moving average of $49.95. Alexandria Real Estate Equities has a 12 month low of $39.41 and a 12 month high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.73. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The company had revenue of $671.02 million during the quarter, compared to analysts’ expectations of $684.78 million. During the same quarter in the previous year, the business posted $2.30 earnings per share. Alexandria Real Estate Equities’s quarterly revenue was down 11.5% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. On average, analysts forecast that Alexandria Real Estate Equities will post 6.4 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Gregory Calvin Thomas acquired 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were acquired at an average cost of $41.00 per share, with a total value of $143,500.00. Following the completion of the purchase, the executive vice president directly owned 33,024 shares of the company’s stock, valued at $1,353,984. The trade was a 11.85% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Hallie E. Kuhn sold 536 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $48.20, for a total transaction of $25,835.20. Following the transaction, the executive vice president owned 48,301 shares of the company’s stock, valued at approximately $2,328,108.20. This represents a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is currently owned by company insiders.

Institutional Trading of Alexandria Real Estate Equities

Several large investors have recently bought and sold shares of the business. Farther Finance Advisors LLC grew its position in Alexandria Real Estate Equities by 18.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 188 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Alexandria Real Estate Equities by 0.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock valued at $1,711,000 after purchasing an additional 198 shares in the last quarter. New Mexico Educational Retirement Board grew its holdings in shares of Alexandria Real Estate Equities by 2.9% during the 4th quarter. New Mexico Educational Retirement Board now owns 7,200 shares of the real estate investment trust’s stock valued at $352,000 after purchasing an additional 200 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of Alexandria Real Estate Equities by 109.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 228 shares during the last quarter. Finally, Harvest Portfolios Group Inc. increased its position in Alexandria Real Estate Equities by 2.5% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 9,970 shares of the real estate investment trust’s stock worth $831,000 after purchasing an additional 242 shares in the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.

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.