Alexandria Real Estate Equities (NYSE:ARE) Updates FY 2025 Earnings Guidance

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 9.230-9.430 for the period, compared to the consensus EPS estimate of 9.470. The company issued revenue guidance of -.

Alexandria Real Estate Equities Trading Up 0.4 %

NYSE:ARE traded up $0.40 during trading hours on Monday, hitting $102.03. 2,658,935 shares of the stock were exchanged, compared to its average volume of 1,339,028. The company has a market capitalization of $17.83 billion, a P/E ratio of 62.21, a price-to-earnings-growth ratio of 3.85 and a beta of 1.16. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.56. The company's 50 day moving average is $102.13 and its two-hundred day moving average is $112.23. Alexandria Real Estate Equities has a twelve month low of $94.35 and a twelve month high of $130.14.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last posted its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $1.48. Alexandria Real Estate Equities had a return on equity of 1.31% and a net margin of 9.62%. On average, sell-side analysts anticipate that Alexandria Real Estate Equities will post 9.47 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $1.32 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This is a boost from Alexandria Real Estate Equities's previous quarterly dividend of $1.30. This represents a $5.28 dividend on an annualized basis and a yield of 5.18%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently 321.95%.

Alexandria Real Estate Equities declared that its board has authorized a share buyback plan on Monday, December 9th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 2.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of equities analysts have issued reports on ARE shares. Evercore ISI reduced their target price on Alexandria Real Estate Equities from $129.00 to $124.00 and set an "in-line" rating on the stock in a report on Wednesday, October 23rd. JMP Securities decreased their price objective on shares of Alexandria Real Estate Equities from $140.00 to $130.00 and set a "market outperform" rating for the company in a report on Friday, November 15th. Wedbush reiterated an "outperform" rating and issued a $110.00 target price (down from $120.00) on shares of Alexandria Real Estate Equities in a report on Friday, December 6th. Royal Bank of Canada decreased their price target on shares of Alexandria Real Estate Equities from $125.00 to $114.00 and set a "sector perform" rating for the company in a report on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft downgraded Alexandria Real Estate Equities from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $135.00 to $112.00 in a research note on Friday, November 15th. Nine analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $121.90.

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.

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