Zacks Research Has Pessimistic Outlook of ARE Q3 Earnings

Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) - Analysts at Zacks Research cut their Q3 2026 earnings per share estimates for Alexandria Real Estate Equities in a research note issued on Monday, February 17th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings of $2.41 per share for the quarter, down from their prior estimate of $2.43. The consensus estimate for Alexandria Real Estate Equities' current full-year earnings is $9.32 per share. Zacks Research also issued estimates for Alexandria Real Estate Equities' FY2027 earnings at $2.66 EPS.

A number of other brokerages have also recently commented on ARE. Royal Bank of Canada reduced their price objective on Alexandria Real Estate Equities from $125.00 to $114.00 and set a "sector perform" rating on the stock in a research note on Tuesday, December 17th. StockNews.com cut Alexandria Real Estate Equities from a "hold" rating to a "sell" rating in a research note on Thursday. JPMorgan Chase & Co. cut Alexandria Real Estate Equities from an "overweight" rating to a "neutral" rating and reduced their price objective for the stock from $133.00 to $121.00 in a research note on Wednesday, November 27th. Deutsche Bank Aktiengesellschaft cut Alexandria Real Estate Equities from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $135.00 to $112.00 in a research note on Friday, November 15th. Finally, Wedbush restated a "neutral" rating and set a $104.00 price objective on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $121.30.

Alexandria Real Estate Equities Trading Up 0.1 %

ARE stock traded up $0.07 during trading on Wednesday, reaching $95.59. 1,101,349 shares of the stock traded hands, compared to its average volume of 1,364,003. The business's 50 day moving average price is $97.85 and its 200-day moving average price is $108.84. Alexandria Real Estate Equities has a 52-week low of $93.25 and a 52-week high of $130.14. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.21 and a quick ratio of 0.21. The firm has a market capitalization of $16.55 billion, a PE ratio of 53.11, a P/E/G ratio of 3.93 and a beta of 1.16.

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 analysts' consensus estimates of $0.91 by $1.48. Alexandria Real Estate Equities had a return on equity of 1.43% and a net margin of 10.36%.

Institutional Trading of Alexandria Real Estate Equities

Several institutional investors and hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its stake in Alexandria Real Estate Equities by 57.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 298 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 109 shares in the last quarter. Callan Capital LLC raised its stake in Alexandria Real Estate Equities by 1.3% during the fourth quarter. Callan Capital LLC now owns 8,946 shares of the real estate investment trust's stock valued at $873,000 after buying an additional 111 shares in the last quarter. Capital Square LLC raised its stake in Alexandria Real Estate Equities by 2.1% during the third quarter. Capital Square LLC now owns 5,811 shares of the real estate investment trust's stock valued at $690,000 after buying an additional 118 shares in the last quarter. Coldstream Capital Management Inc. raised its stake in Alexandria Real Estate Equities by 6.0% during the fourth quarter. Coldstream Capital Management Inc. now owns 2,119 shares of the real estate investment trust's stock valued at $207,000 after buying an additional 120 shares in the last quarter. Finally, Wedbush Securities Inc. raised its stake in Alexandria Real Estate Equities by 5.8% during the fourth quarter. Wedbush Securities Inc. now owns 2,300 shares of the real estate investment trust's stock valued at $224,000 after buying an additional 126 shares in the last quarter. Institutional investors and hedge funds own 96.54% of the company's stock.

Alexandria Real Estate Equities announced that its Board of Directors has initiated a stock buyback plan on Monday, December 9th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to buy up to 2.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

Alexandria Real Estate Equities Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a dividend of $1.32 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $5.28 annualized dividend and a yield of 5.52%. This is a boost from Alexandria Real Estate Equities's previous quarterly dividend of $1.30. Alexandria Real Estate Equities's dividend payout ratio is presently 293.33%.

Alexandria Real Estate Equities Company Profile

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.