Alexandria Real Estate Equities Inc ARE
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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Alexandria Real Estate Equities, Inc. Named One of the World's Most Trustworthy Companies by Newsweek
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Alexandria Real Estate Equities, Inc. Executive Chairman and Founder Joel S. Marcus to Be Honored With the Inaugural Bisnow Life Sciences Icon & Influencer Award
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Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.30 per Common Share for 3Q24, for an Aggregate of $5.14 per Common Share for the 12 Months Ending September 30, 2024, an Increase of 24 Cents, or 5 Percent, Over the 12 Months Ended September 30, 2023
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Alexandria Real Estate Equities, Inc. to Hold Its Third Quarter 2024 Operating and Financial Results Conference Call and Webcast on October 22, 2024
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Alexandria 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
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Landlord debt is rallying - even in the battered office sector
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Bond market reflects jitters about wall of maturing office REIT debt
Trading Information
- Previous Close Price
- $117.11
- Day Range
- $114.81–116.70
- 52-Week Range
- $90.73–135.45
- Bid/Ask
- $114.55 / $116.95
- Market Cap
- $20.33 Bil
- Volume/Avg
- 1.7 Mil / 1.0 Mil
Key Statistics
- Price/Earnings (Normalized)
- 33.60
- Price/Sales
- 6.58
- Dividend Yield (Trailing)
- 4.42%
- Dividend Yield (Forward)
- 4.47%
- Total Yield
- 4.42%
Company Profile
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, 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, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Mid Value
- Total Number of Employees
- 568
- Website
- https://www.are.com
Comparables
Valuation
|
Metric
|
ARE
|
KRC
|
VNO
|
|---|---|---|---|
Price/Earnings (Normalized) | 33.60 | 22.53 | 439.16 |
Price/Book Value | 1.10 | 0.82 | 1.69 |
Price/Sales | 6.58 | 4.01 | 4.24 |
Price/Cash Flow | 12.16 | 7.62 | 12.63 |
Price/Earnings
ARE
KRC
VNO
Financial Strength
|
Metric
|
ARE
|
KRC
|
VNO
|
|---|---|---|---|
Quick Ratio | 0.30 | 2.03 | 1.70 |
Current Ratio | 0.33 | 2.07 | 1.95 |
Interest Coverage | 3.61 | 2.31 | 0.93 |
Quick Ratio
ARE
KRC
VNO
Profitability
|
Metric
|
ARE
|
KRC
|
VNO
|
|---|---|---|---|
Return on Assets (Normalized) | 1.93% | 2.14% | < 0.01% |
Return on Equity (Normalized) | 3.87% | 4.50% | < 0.01% |
Return on Invested Capital (Normalized) | 2.36% | 3.00% | 1.50% |
Return on Assets
ARE
KRC
VNO
REIT - Office Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
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Capital Allocation
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Market Cap
|
|---|---|---|---|---|---|---|
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United States