What is Wedbush's Estimate for ARE Q1 Earnings?

Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) - Stock analysts at Wedbush reduced their Q1 2025 EPS estimates for shares of Alexandria Real Estate Equities in a research report issued on Wednesday, October 23rd. Wedbush analyst R. Anderson now expects that the real estate investment trust will post earnings of $2.26 per share for the quarter, down from their previous estimate of $2.34. Wedbush currently has a "Neutral" rating and a $120.00 price objective on the stock. The consensus estimate for Alexandria Real Estate Equities' current full-year earnings is $9.47 per share. Wedbush also issued estimates for Alexandria Real Estate Equities' Q2 2025 earnings at $2.32 EPS, Q3 2025 earnings at $2.37 EPS, Q4 2025 earnings at $2.41 EPS and FY2025 earnings at $9.36 EPS.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its earnings results on Monday, October 21st. The real estate investment trust reported $0.96 earnings per share for the quarter, missing the consensus estimate of $2.38 by ($1.42). The company had revenue of $791.60 million during the quarter, compared to analyst estimates of $766.97 million. Alexandria Real Estate Equities had a net margin of 5.09% and a return on equity of 0.68%. The company's quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.26 EPS.

Several other brokerages have also issued reports on ARE. Evercore ISI decreased their price target on shares of Alexandria Real Estate Equities from $129.00 to $124.00 and set an "in-line" rating for the company in a report on Wednesday. Citigroup downgraded Alexandria Real Estate Equities from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $130.00 to $125.00 in a report on Friday, September 13th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $125.00 price objective (down from $130.00) on shares of Alexandria Real Estate Equities in a research report on Thursday. Jefferies Financial Group lowered shares of Alexandria Real Estate Equities from a "buy" rating to a "hold" rating and cut their price target for the company from $136.00 to $127.00 in a research note on Friday, August 2nd. Finally, Bank of America downgraded shares of Alexandria Real Estate Equities from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $151.00 to $126.00 in a research report on Monday, July 29th. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $131.22.

Alexandria Real Estate Equities Trading Down 2.9 %

Alexandria Real Estate Equities stock traded down $3.32 during midday trading on Friday, hitting $113.03. 1,215,409 shares of the stock were exchanged, compared to its average volume of 980,973. Alexandria Real Estate Equities has a 52 week low of $90.73 and a 52 week high of $135.45. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $19.77 billion, a PE ratio of 106.50, a P/E/G ratio of 3.99 and a beta of 1.16. The company has a fifty day simple moving average of $119.21 and a two-hundred day simple moving average of $118.77.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $1.30 dividend. The ex-dividend date was Monday, September 30th. This represents a $5.20 annualized dividend and a dividend yield of 4.60%. Alexandria Real Estate Equities's dividend payout ratio is presently 485.98%.

Hedge Funds Weigh In On Alexandria Real Estate Equities

A number of institutional investors have recently added to or reduced their stakes in ARE. Park Avenue Securities LLC increased its stake in shares of Alexandria Real Estate Equities by 22.1% during the 1st quarter. Park Avenue Securities LLC now owns 3,550 shares of the real estate investment trust's stock worth $458,000 after purchasing an additional 642 shares during the last quarter. Harbour Capital Advisors LLC increased its position in Alexandria Real Estate Equities by 17.6% during the first quarter. Harbour Capital Advisors LLC now owns 4,179 shares of the real estate investment trust's stock worth $518,000 after buying an additional 625 shares during the last quarter. Financial Management Professionals Inc. raised its stake in Alexandria Real Estate Equities by 66.1% in the first quarter. Financial Management Professionals Inc. now owns 2,319 shares of the real estate investment trust's stock valued at $299,000 after buying an additional 923 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of Alexandria Real Estate Equities by 48.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 21,306 shares of the real estate investment trust's stock valued at $2,747,000 after buying an additional 6,959 shares during the last quarter. Finally, State of Michigan Retirement System boosted its stake in shares of Alexandria Real Estate Equities by 0.7% during the 1st quarter. State of Michigan Retirement System now owns 43,118 shares of the real estate investment trust's stock worth $5,558,000 after acquiring an additional 300 shares during the period. 96.54% of the stock is currently owned by institutional investors and hedge funds.

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.