- REIT - Office
- Real Estate
-
3.66
EPS
-
31.08
P/E
-
19.9B
MARKET CAP
-
4.47%
DIV YIELD
Company Overview
26 NORTH EUCLID AVENUE,PASADENA CA 91101,6265780777
CEO
Mr. Peter M. Moglia
Employess
568
Sector
Real Estate
Industry
REIT - Office
Website
https://www.are.com
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500<sup>®</sup> 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.
Next Earnings Date
Oct. 28, 2024
Ex Dividends date
Jul. 15, 2024
Dividend Date
June 28, 2024
YTD Performance
-12.11%
Fiscal Year End
12-31
IPO Date
1997-05-28
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 16.42% | 16.80% | 15.24% | 11.46% |
EPS | -10.29% | -35.98% | -51.35% | -83.02% |
Equity | 16.78% | 20.26% | 16.36% | -2.64% |
Cash | 26.76% | 21.43% | 2.83% | -25.09% |
Return On Capital (ROIC) | 2.08% | 2.09% | 2.41% | 4.04% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 100 | 350 | 270 | 100 | 384 |
Long Term Debt | 11,600 | 10,200 | 8,520 | 7,460 | 6,390 |
LT Finance Leases | 383 | 407 | 435 | 346 | 272 |
Shares Outstanding | 171 | 162 | 147 | 126 | 112 |
Market Cap | 21,700 | 23,500 | 32,800 | 22,500 | 18,100 |
Price
News
The Return Of Volatility
1 monthIn a highly volatile week across global financial markets, U.S. equity markets ultimately finished the week little-changed, while benchmark interest rates rebounded from the lowest levels of the year. Following a historic surge in volatility, stabilization in Asian and European markets, decent jobless claims data, and clarity on the domestic Presidential matchup helped to ease market jitters. Narrowly avoiding a fourth-straight week of losses, the S&P 500 finished flat - staging a late-week rebound after sharp declines early in the week. The Nasdaq remained in "correction territory."
seekingalpha.comAlexandria Real Estate: Undervalued And Poised For A Breakout
1 monthMarket volatility is back, and it's taken down high quality stocks like Alexandria Real Estate. Meanwhile, lower interest rates benefit dividend stocks like Alexandria Real Estate and it's poised for strong returns and rebound in price. Alexandria Real Estate carries high-quality assets, strong operating performance, and potential for market-beating total returns.
seekingalpha.comAlexandria Real Estate: Time To Buy This Mission-Critical REIT Now
1 monthInvesting in commercial real estate that tenants can't operate without is a winning business model. Alexandria Real Estate's revenue slightly missed analysts' expectations in the second quarter while FFO per share surpassed expectations. The REIT has significant liquidity on its balance sheet.
seekingalpha.comTug-Of-War Between Weakening Consumers And Forthcoming Rate Cuts: 3 Stocks I'm Buying
2 monthsThe market is caught between excitement over Fed rate cuts and nervousness over weakening consumer trends, unemployment, and falling wage growth. I've been discussing the ongoing economic weakening, declining consumer spending power, and labor market struggles for months. I discuss my call for a 2024 recession, data on weakening consumer trends, the impact of Fed rate cuts on big tech, and a cautious buy list.
seekingalpha.com2 Amazing REITs I'm Buying And Never Letting Go
2 monthsPicking the right stock is crucial for investors looking for long-term growth and income. American Tower and Alexandria Real Estate are two strong picks with durable assets, steady growth, and attractive valuations. Both companies offer reliable dividends, strong balance sheets, and the potential for market-beating returns, making them ideal for long-term investors.
seekingalpha.com6 Stocks I'm Buying Amid A Major Market Rotation
2 monthsAmerican consumers' savings and spending patterns, illustrated through charts, showing a shift towards credit card debt and rising delinquency rates. Market rotation towards the real estate sector, with tech stocks facing pressure and small caps outperforming. Celebrating recent investment successes with Agree Realty, Cullen/Frost Bankers, and InvenTrust Properties, while discussing new additions to the buy list.
seekingalpha.comIf I Had To Retire Today With 12 REITs
2 monthsREITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cut cycle debuts, making them an attractive sector to become overweight. A list of 12 handpicked REITs is provided, offering a combination of high dividend yields, dividend growth, and value for potential investors.
seekingalpha.comAlexandria Real Estate Equities, Inc. (ARE) Q2 2024 Earnings Call Transcript
2 monthsAlexandria Real Estate Equities, Inc. (NYSE:ARE ) Q2 2024 Earnings Conference Call July 23, 2024 3:00 PM ET Company Participants Paula Schwartz - Rx Communications Group LLC, Managing Director Joel S. Marcus - Executive Chairman and Founder Hallie Kuhn - Senior Vice President of Science and Technology and Capital Markets Peter M.
seekingalpha.comAlexandria (ARE) Q2 AFFO Beats Estimates, Revenues Miss
2 monthsAlexandria's (ARE) Q2 AFFO outshines estimates. Results reflect decent leasing activity and higher rental rates.
zacks.comAlexandria Real Estate Equities (ARE) Reports Q2 Earnings: What Key Metrics Have to Say
2 monthsWhile the top- and bottom-line numbers for Alexandria Real Estate Equities (ARE) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.comAlexandria Real Estate Equities (ARE) Surpasses Q2 FFO Estimates
2 monthsAlexandria Real Estate Equities (ARE) came out with quarterly funds from operations (FFO) of $2.36 per share, beating the Zacks Consensus Estimate of $2.34 per share. This compares to FFO of $2.24 per share a year ago.
zacks.comAlexandria Real Estate Equities, Inc. Reports: 2Q24 and 1H24 Net Income per Share - Diluted of $0.25 and $1.22, respectively; and 2Q24 and 1H24 FFO per Share - Diluted, as Adjusted, of $2.36 and $4.71, respectively
2 monthsPASADENA, Calif. , July 22, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the second quarter ended June 30, 2024.
prnewswire.com