Last 7 days
-12.0%
Last 30 days
-24.0%
Last 90 days
-15.6%
Trailing 12 Months
-31.9%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 51.7B | 4.2B | -4.61% | -14.88% | 11.88 | 12.36 | 22.43% | 122.66% |
DLR | 30.0B | 4.7B | -6.82% | -21.36% | 79.47 | 6.4 | 5.96% | -77.90% |
EQR | 22.3B | 2.7B | -9.31% | -29.65% | 28.69 | 8.21 | 11.91% | -41.71% |
ARE | 21.2B | 2.6B | -23.98% | -31.95% | 40.62 | 8.18 | 22.46% | -8.68% |
KIM | 13.2B | 1.7B | -4.07% | -13.87% | 104.43 | 7.61 | 26.61% | -85.07% |
MID-CAP | ||||||||
FRT | 7.7B | 1.1B | -13.38% | -14.77% | 20.08 | 7.2 | 12.95% | 47.42% |
KRG | 4.3B | 802.0M | -9.03% | -5.22% | -341.02 | 5.37 | 114.83% | 84.36% |
VNO | 2.9B | 1.8B | -31.59% | -62.57% | -8.47 | 1.63 | 13.26% | -296.88% |
MAC | 2.1B | 859.2M | -25.44% | -29.31% | -31.63 | 2.43 | 1.38% | -563.21% |
SMALL-CAP | ||||||||
SKT | 1.9B | 421.4M | -3.41% | 12.84% | 22.56 | 4.55 | 3.35% | 1705.32% |
SLG | 1.7B | 826.7M | -30.54% | -63.53% | -22.04 | 2.08 | -2.04% | -117.36% |
AIV | 1.0B | 190.3M | -7.76% | -1.93% | 11.27 | 5.46 | 12.08% | 1950.56% |
PGRE | 983.2M | 740.4M | -22.73% | -54.50% | -27.01 | 1.33 | 1.87% | -78.85% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 3.7% | 2,589 | 2,496 | 2,384 | 2,249 | 2,114 |
S&GA Expenses | 0.8% | 177 | 176 | 164 | 158 | 151 |
Costs and Expenses | 3.1% | 2,125 | 2,061 | 1,986 | 1,889 | 1,858 |
Interest Expenses | -15.5% | 94.00 | 112 | 124 | 135 | 142 |
Net Income | -3.8% | 522 | 542 | 301 | 414 | 571 |
Net Income Margin | -7.3% | 0.20* | 0.22* | 0.13* | 0.18* | 0.27* |
Free Cahsflow | 13.3% | 1,294 | 1,143 | 1,089 | 989 | 1,010 |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 3.4% | 35,523 | 34,369 | 33,244 | 32,844 | 30,219 |
Cash Equivalents | 54.6% | 825 | 534 | 420 | 775 | 361 |
Liabilities | -2.1% | 12,840 | 13,113 | 12,782 | 12,664 | 11,186 |
Long Term Debt | 2.5% | 10,526 | 10,271 | 10,303 | 8,792 | - |
Shareholder's Equity | 7.7% | 18,972 | 17,616 | 20,453 | 20,171 | 16,190 |
Additional Paid-In Capital | 7.7% | 18,991 | 17,639 | 17,150 | 16,934 | 16,195 |
Shares Outstanding | 8.0% | 171 | 158 | - | - | - |
Minority Interest | 2.0% | 3,701 | 3,629 | 3,313 | 3,241 | 2,834 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 13.3% | 1,294 | 1,143 | 1,089 | 989 | 1,010 |
Share Based Compensation | -4.4% | 58.00 | 60.00 | 52.00 | 50.00 | 49.00 |
Cashflow From Investing | 5.8% | -5,080 | -5,394 | -6,067 | -7,158 | -7,107 |
Cashflow From Financing | -11.0% | 4,230 | 4,753 | 5,141 | 6,507 | 5,916 |
Dividend Payments | 2.7% | 758 | 738 | 716 | 689 | 656 |
36.9%
15.8%
10.8%
Y-axis is the maximum loss one would have experienced if Alexandria Real Estate Equities was unfortunately bought at previous high price.
9.2%
8.4%
2.4%
-2.6%
FIve years rolling returns for Alexandria Real Estate Equities.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 14.41 | 81,812,600 | 515,106,000 | 0.56% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -18.5 | -149,000 | 815,000 | -% |
2023-03-03 | Crumly & Associates Inc. | sold off | -100 | -330,000 | - | -% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | unchanged | - | 59.00 | 3,059 | -% |
2023-02-28 | Voya Investment Management LLC | added | 2.88 | 524,307 | 8,124,310 | 0.01% |
2023-02-24 | SRS Capital Advisors, Inc. | reduced | -0.5 | 2,552 | 86,552 | 0.01% |
2023-02-24 | NATIXIS | added | 95.37 | 2,273,660 | 4,480,660 | 0.03% |
2023-02-24 | National Pension Service | added | 8.22 | 3,616,660 | 29,681,900 | 0.06% |
2023-02-22 | CVA Family Office, LLC | added | 9.09 | 2,480 | 17,480 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | 74,000 | 1,985,000 | 0.02% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 121.75 -1.89% | 150.60 21.36% | 202.05 62.83% | 240.90 94.13% | 281.42 126.79% |
Current Inflation | 113.16 -8.81% | 137.52 10.82% | 180.24 45.25% | 212.38 71.15% | 245.90 98.16% |
Very High Inflation | 102.69 -17.25% | 121.91 -1.76% | 154.85 24.79% | 179.57 44.71% | 205.36 65.49% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 13, 2023 | 8-K | Current Report | |
Mar 02, 2023 | 4 | Insider Trading | |
Feb 16, 2023 | 8-K | Current Report | |
Feb 14, 2023 | SC 13G/A | Major Ownership Report | |
Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
Feb 09, 2023 | 4 | Insider Trading | |
Feb 09, 2023 | 4 | Insider Trading | |
Feb 08, 2023 | 4 | Insider Trading | |
Feb 08, 2023 | 4 | Insider Trading | |
Feb 08, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-02-28 | Moglia Peter M | sold (taxes) | -82,079 | 149 | -548 | chief executive officer |
2023-02-07 | MARCUS JOEL S | sold | -1,512,000 | 168 | -9,000 | executive chairman |
2023-02-07 | Cunningham John H | sold | -1,293,080 | 165 | -7,800 | evp - regional market director |
2023-02-06 | Binda Marc E | sold | -551,459 | 167 | -3,298 | evp - finance & treasurer |
2023-02-06 | Kass Hunter | sold | -636,812 | 167 | -3,803 | evp - regional market director |
2023-02-06 | Lee Orraparn C. | sold | -802,128 | 167 | -4,800 | evp - accounting |
2023-01-31 | Moglia Peter M | sold (taxes) | -88,085 | 160 | -548 | chief executive officer |
2023-01-27 | MARCUS JOEL S | sold (taxes) | -901,093 | 160 | -5,608 | executive chairman |
2023-01-27 | Moglia Peter M | sold (taxes) | -1,782,740 | 160 | -11,095 | chief executive officer |
2023-01-13 | KLEIN RICHARD HUNTER | acquired | - | - | 1,125 | - |
Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income from rentals | $ 2,588,962 | $ 2,114,150 | $ 1,885,637 |
Expenses: | |||
Rental operations | 783,153 | 623,555 | 530,224 |
General and administrative | 177,278 | 151,461 | 133,341 |
Interest | 94,203 | 142,165 | 171,609 |
Depreciation and amortization | 1,002,146 | 821,061 | 698,104 |
Impairment of real estate | 64,969 | 52,675 | 48,078 |
Loss on early extinguishment of debt | 3,317 | 67,253 | 60,668 |
Total expenses | 2,125,066 | 1,858,170 | 1,642,024 |
Equity in earnings of unconsolidated real estate joint ventures | 645 | 12,255 | 8,148 |
Investment (loss) income | (331,758) | 259,477 | 421,321 |
Gain on sales of real estate | 537,918 | 126,570 | 154,089 |
Net income | 670,701 | 654,282 | 827,171 |
Net income attributable to noncontrolling interests | (149,041) | (83,035) | (56,212) |
Net income attributable to Alexandria Real Estate Equities, Inc.’s stockholders | 521,660 | 571,247 | 770,959 |
Net income attributable to unvested restricted stock awards | (8,392) | (7,848) | (10,168) |
Net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders | $ 513,268 | $ 563,399 | $ 760,791 |
Earnings per share - basic (USD per share) | $ 3.18 | $ 3.83 | $ 6.03 |
Earnings per share - diluted (USD per share) | $ 3.18 | $ 3.82 | $ 6.01 |
Income from rentals | |||
Income from rentals | $ 2,576,040 | $ 2,108,249 | $ 1,878,208 |
Other income | |||
Income from rentals | $ 12,922 | $ 5,901 | $ 7,429 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Assets | ||
Investments in real estate | $ 29,945,440 | $ 24,980,669 |
Investments in unconsolidated real estate joint ventures | 38,435 | 38,483 |
Cash and cash equivalents | 825,193 | 361,348 |
Restricted cash | 32,782 | 53,879 |
Tenant receivables | 7,614 | 7,379 |
Deferred rent | 942,646 | 839,335 |
Deferred leasing costs | 516,275 | 402,898 |
Investments | 1,615,074 | 1,876,564 |
Other assets | 1,599,940 | 1,658,818 |
Total assets | 35,523,399 | 30,219,373 |
Liabilities, Noncontrolling Interests, and Equity | ||
Secured notes payable | 59,045 | 205,198 |
Unsecured senior notes payable | 10,100,717 | 8,316,678 |
Unsecured senior line of credit and commercial paper | 0 | 269,990 |
Accounts payable, accrued expenses, and other liabilities | 2,471,259 | 2,210,410 |
Dividends payable | 209,131 | 183,847 |
Total liabilities | 12,840,152 | 11,186,123 |
Commitments and contingencies | ||
Redeemable noncontrolling interests | 9,612 | 9,612 |
Alexandria Real Estate Equities, Inc.’s stockholders’ equity: | ||
Common stock, $0.01 par value per share, 400,000,000 and 200,000,000 shares authorized as of December 31, 2022 and 2021, respectively; 170,748,395 and 158,043,880 shares issued and outstanding as of December 31, 2022 and 2021, respectively | 1,707 | 1,580 |
Additional paid-in capital | 18,991,492 | 16,195,256 |
Accumulated other comprehensive loss | (20,812) | (7,294) |
Alexandria Real Estate Equities, Inc.’s stockholders’ equity | 18,972,387 | 16,189,542 |
Noncontrolling interests | 3,701,248 | 2,834,096 |
Total equity | 22,673,635 | 19,023,638 |
Total liabilities, noncontrolling interests, and equity | $ 35,523,399 | $ 30,219,373 |