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Alexandria Real Estate Equities Inc Stock Research

ARE

112.24USD+0.45(+0.40%)Market Closed
Watchlist

Market Summary

USD112.24+0.45
Market Closed
0.40%

ARE Alerts

  • Big fall in earnings (Y/Y)

ARE Stock Price

ARE RSI Chart

ARE Valuation

Market Cap

20.0B

Price/Earnings (Trailing)

26.64

Price/Sales (Trailing)

7.46

Price/Free Cashflow

14.16

ARE Price/Sales (Trailing)

ARE Profitability

Return on Equity

3.97%

Return on Assets

2.03%

Free Cashflow Yield

7.06%

ARE Fundamentals

ARE Revenue

Revenue (TTM)

2.7B

Revenue Y/Y

10.89%

Revenue Q/Q

1.87%

ARE Earnings

Earnings (TTM)

566.8M

Earnings Y/Y

-66.96%

Earnings Q/Q

15.51%

Price Action

52 Week Range

108.81172.65
(Low)(High)

Last 7 days

1.3%

Last 30 days

-1.8%

Last 90 days

1.3%

Trailing 12 Months

-21.8%

ARE Financial Health

Debt/Equity

0.55

Debt/Cashflow

0.12

ARE Investor Care

Dividend Yield

4.31%

Dividend/Share (TTM)

4.84

Shares Dilution (1Y)

8.04%

Diluted EPS (TTM)

3.36

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for ARE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-15
CIRUZZI VINCENT
sold (taxes)
-188,223
113
-1,655
chief development officer
2023-09-15
Ryan Daniel J
sold (taxes)
-325,040
113
-2,858
co-president and rmd
2023-09-15
Alsbrook Madeleine Thorp
sold (taxes)
-85,638
113
-753
evp - talent management
2023-09-15
Kass Hunter
sold (taxes)
-266,924
113
-2,347
co-president and rmd
2023-09-15
Diamond Lawrence J
sold (taxes)
-183,333
113
-1,612
co-chief operating officer
2023-09-15
Clem Jackie B.
sold (taxes)
-83,591
113
-735
general counsel & secretary
2023-09-15
Shigenaga Dean A
sold (taxes)
-359,273
113
-3,159
former president and cfo
2023-09-15
Gavinet Andres
sold (taxes)
-147,849
113
-1,300
chief accounting officer
2023-09-15
Binda Marc E
sold (taxes)
-188,223
113
-1,655
cfo & treasurer
2023-09-15
Fukuzaki-Carlson Kristina
sold (taxes)
-91,438
113
-804
evp - business operations

1–10 of 50

Which funds bought or sold ARE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
reduced
-21.75
-10,485
25,308
0.01%
2023-08-28
DT Investment Partners, LLC
unchanged
-
3.00
1,709
-%
2023-08-24
Alberta Investment Management Corp
unchanged
-
-49,610
465,309
-%
2023-08-23
CTC Alternative Strategies, Ltd.
new
-
284,860
284,860
0.36%
2023-08-23
WOLVERINE TRADING, LLC
reduced
-24.99
-485,557
1,059,440
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
reduced
-55.71
-4,318,440
2,881,510
0.03%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-164,000
1,547,000
0.01%
2023-08-21
BOKF, NA
reduced
-72.73
-1,041
340
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-4.26
-1,319,980
10,093,500
0.02%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-1.72
-3,840,500
30,479,100
0.04%

1–10 of 47

Latest Funds Activity

Are funds buying ARE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ARE
No. of Funds

Schedule 13G FIlings of Alexandria Real Estate Equities

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
norges bank
9.53%
15,632,151
SC 13G/A
Feb 09, 2023
vanguard group inc
15.79%
25,917,493
SC 13G/A
Feb 06, 2023
state street corp
6.28%
10,297,732
SC 13G/A
Jan 24, 2023
blackrock inc.
9.6%
15,799,828
SC 13G/A
Feb 10, 2022
state street corp
5.96%
9,241,408
SC 13G/A
Feb 09, 2022
vanguard group inc
15.35%
23,783,205
SC 13G/A
Feb 08, 2022
norges bank
8.70%
13,487,741
SC 13G/A
Feb 01, 2022
blackrock inc.
9.6%
14,913,187
SC 13G/A
Feb 10, 2021
vanguard group inc
15.02%
20,271,807
SC 13G/A
Feb 05, 2021
state street corp
5.26%
7,100,064
SC 13G

Recent SEC filings of Alexandria Real Estate Equities

View All Filings
Date Filed Form Type Document
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
4
Insider Trading

ARE Fair Value

Loading...

Peers (Alternatives to Alexandria Real Estate Equities)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
48.1B
4.4B
-0.64% -17.74%
11.24
10.95
14.80% 87.79%
38.3B
5.1B
5.88% 19.36%
89.57
7.47
13.73% -68.04%
23.7B
2.0B
-0.94% -9.83%
28.39
11.73
-22.97% -33.54%
20.0B
2.7B
-1.78% -21.80%
26.64
7.46
15.16% 88.51%
11.4B
1.8B
-1.65% -8.89%
28.27
6.5
6.75% -42.80%
MID-CAP
8.0B
1.1B
1.83% 2.50%
20.52
7.18
8.31% 38.10%
4.9B
820.5M
3.48% 19.66%
174.46
5.97
29.95% 125.56%
4.8B
1.8B
19.66% -1.21%
-12.91
2.63
5.60% -286.96%
2.6B
866.2M
4.87% 36.72%
-29.3
2.95
0.51% -335.26%
SMALL-CAP
2.7B
882.0M
26.74% -0.07%
-6.14
3.08
11.76% -239.94%
2.4B
426.3M
-1.04% 52.78%
25.4
5.64
1.38% 137.97%
1.1B
732.3M
9.89% -25.11%
-13.31
1.55
-0.03% -4012.90%
1.0B
339.3M
-9.41% -15.44%
-5.79
3.02
88.48% -168.70%

Alexandria Real Estate Equities News

Best Stocks
Prelude Capital Management LLC Acquires Stake in Alexandria ....
Best Stocks,
6 hours ago
StreetInsider.com
Marketscreener.com
Best Stocks
The Motley Fool
Kiplinger's Personal Finance
Real Estate Investing Is Down But Not Out.
Kiplinger's Personal Finance,
18 days ago

Returns for ARE

Cumulative Returns on ARE

8.5%


10-Year Cumulative Returns

2.8%


7-Year Cumulative Returns

-0.1%


5-Year Cumulative Returns

-9.3%


3-Year Cumulative Returns

Risks for ARE

What is the probability of a big loss on ARE?

47.3%


Probability that Alexandria Real Estate Equities stock will be more than 20% underwater in next one year

25.4%


Probability that Alexandria Real Estate Equities stock will be more than 30% underwater in next one year.

11.2%


Probability that Alexandria Real Estate Equities stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ARE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Alexandria Real Estate Equities was unfortunately bought at previous high price.

Drawdowns

Financials for Alexandria Real Estate Equities

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.6%2,7452,6752,5892,4962,3842,2492,1142,0011,9981,9261,8861,8301,6751,6121,5311,4641,4151,3661,3271,2861,229
Costs and Expenses9.6%2,3742,1672,1252,0611,9861,8891,8581,7851,7491,7191,6421,5741,4831,4101,3331,2681,1871,1561,1141,0821,037
  S&GA Expenses1.3%18718517717616415815114214113513313012111610910196.0093.0090.0087.0082.00
Interest Expenses-9.2%71.0079.0094.00112124135142145152162172180182180174168164160157153142
Net Income-24.3%567749522542301414571938916760771532404253363136397373379441281
Net Income Margin-100.0%-0.28*0.20*0.22*0.13*0.18*0.27*0.47*0.46*0.39*0.41*0.29*0.24*0.16*0.24*0.09*0.28*0.27*0.29*0.34*0.23*
Free Cashflow-100.0%-1,4091,2941,1431,0899891,010934941903883887769738684662620578570509488
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q12018Q42018Q32018Q22018Q1
Assets-0.7%36,65936,91235,52334,36933,24432,84430,21928,55927,01925,23422,82821,91120,06919,70218,39117,05815,48014,46514,10613,56212,821
    Cash Equivalents-26.8%9241,263825534518870415368358534598485242488243453316272234234259
Liabilities-2.3%13,89214,22612,84013,11312,78212,66411,18611,58710,83710,4529,3849,5769,0008,7888,2248,0957,1256,5706,6926,5626,088
Shareholder's Equity-17.0%18,79722,64218,97217,61620,45320,17119,02416,96016,17014,77113,43212,32411,05710,90210,1548,9528,3447,8847,4036,9896,723
  Additional Paid-In Capital-0.5%18,81218,90318,99117,63917,15016,93416,19514,72814,19412,99511,73110,7119,4439,3378,8747,7437,5197,2876,8016,3886,118
Shares Outstanding---171---158---137---121--111---
Minority Interest4.2%3,9173,7583,7013,6293,3133,2412,8342,2371,9791,7801,7071,6221,6251,5801,2881,161777542530529529
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations9.9%1,5481,4091,2941,1431,0899891,010934941903883887769738684662620578570508485
  Share Based Compensation1.9%61.0060.0058.0060.0052.0050.0049.0046.0049.0046.0044.0042.0040.0043.0044.0043.0042.0039.0035.0032.0030.00
Cashflow From Investing5.9%-3,418-3,631-5,080-5,394-6,067-7,158-7,107-5,846-6,017-4,882-3,278-4,155-3,586-3,740-3,641-2,748-2,345-2,298-2,161-2,187-2,024
Cashflow From Financing-12.8%2,3132,6524,2304,7535,1416,5075,9164,7945,1914,0232,7503,3012,8213,1762,9272,3061,6411,7781,5881,7681,716
  Dividend Payments2.8%805783758738716689656625588558533505484464447432417399381363346

ARE Income Statement

2023-06-30
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue$ 713,900$ 643,764$ 1,414,695$ 1,258,829
Expenses:    
Rental operations211,834196,284418,767377,612
General and administrative45,88243,39794,07884,328
Interest17,07224,25730,82653,697
Depreciation and amortization273,555242,078538,857482,737
Impairment of real estate168,5750168,5750
Loss on early extinguishment of debt03,31703,317
Total expenses716,918509,3331,251,1031,001,691
Equity in earnings of unconsolidated real estate joint ventures181213375433
Investment loss(78,268)(39,481)(123,379)(279,800)
Gain on sales of real estate214,810214,219214,810214,219
Net income133,705309,382255,398191,990
Net income attributable to noncontrolling interests(43,768)(37,168)(87,599)(69,345)
Net income attributable to Alexandria Real Estate Equities, Inc.’s stockholders89,937272,214167,799122,645
Net income attributable to unvested restricted stock awards(2,677)(2,934)(5,283)(4,134)
Net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders$ 87,260$ 269,280$ 162,516$ 118,511
Earnings (loss) per share – basic (USD per share)$ 0.51$ 1.67$ 0.95$ 0.74
Earnings (loss) per share - diluted (USD per share)$ 0.51$ 1.67$ 0.95$ 0.74
Income from rentals    
Revenue$ 704,339$ 640,959$ 1,392,288$ 1,253,513
Other income    
Revenue$ 9,561$ 2,805$ 22,407$ 5,316

ARE Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets  
Investments in real estate$ 31,178,054$ 29,945,440
Investments in unconsolidated real estate joint ventures37,80138,435
Cash and cash equivalents924,370825,193
Restricted cash35,92032,782
Tenant receivables6,9517,614
Deferred rent984,366942,646
Deferred leasing costs520,610516,275
Investments1,495,9941,615,074
Other assets1,475,1911,599,940
Total assets36,659,25735,523,399
Liabilities, Noncontrolling Interests, and Equity  
Secured notes payable91,93959,045
Unsecured senior notes payable11,091,42410,100,717
Unsecured senior line of credit and commercial paper00
Accounts payable, accrued expenses, and other liabilities2,494,0872,471,259
Dividends payable214,555209,131
Total liabilities13,892,00512,840,152
Commitments and contingencies
Redeemable noncontrolling interests52,6289,612
Alexandria Real Estate Equities, Inc.’s stockholders’ equity:  
Common stock1,7091,707
Additional paid-in capital18,812,31818,991,492
Accumulated other comprehensive loss(16,589)(20,812)
Alexandria Real Estate Equities, Inc.’s stockholders’ equity18,797,43818,972,387
Noncontrolling interests3,917,1863,701,248
Total equity22,714,62422,673,635
Total liabilities, noncontrolling interests, and equity$ 36,659,257$ 35,523,399
Peter M. Moglia
560
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® urban office real estate investment trust ("REIT"), is the first, longest-tenured, and pioneering owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million square feet ("SF"). The asset base in North America includes 31.9 million RSF of operating properties and 3.3 million RSF of Class A properties undergoing construction, 7.1 million RSF of near-term and intermediate-term development and redevelopment projects, and 7.4 million SF of future development projects. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, technology, and agtech campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, technology, and agtech companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.