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Alexandria Real Estate Equities Inc

ARE
Current price
97.55 USD +0.71 USD (+0.73%)
Last closed 96.27 USD
ISIN US0152711091
Sector Real Estate
Industry REIT - Office
Exchange NYSE
Capitalization 17 331 146 752 USD
Yield for 12 month -22.87 %
1Y
3Y
5Y
10Y
15Y
ARE
21.11.2021 - 28.11.2021

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 mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, San Diego, Seattle, Maryland, Research Triangle, and New York City. Alexandria has a total market capitalization of $34.4 billion and an asset base in North America of 74.1 million SF as of March 31, 2024, which includes 42.2 million RSF of operating properties, 5.3 million RSF of Class A/A+ properties undergoing construction and one committed near-term project expected to commence construction in the next two years, 2.5 million RSF of priority anticipated development and redevelopment projects, and 24.1 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science mega 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 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. Address: 26 North Euclid Avenue, Pasadena, CA, United States, 91101-6104

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Analytics

WallStreet Target Price

120.54 USD

P/E ratio

60.47

Dividend Yield

5.41 %

Current Year

+2 885 699 000 USD

Last Year

+2 588 962 000 USD

Current Quarter

+775 744 000 USD

Last Quarter

+766 734 000 USD

Current Year

+2 026 519 000 USD

Last Year

+1 805 809 000 USD

Current Quarter

+248 481 000 USD

Last Quarter

+258 760 000 USD

Key Figures ARE

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
EBITDA 1 905 123 968 USD
Operating Margin TTM 27.86 %
Price to Earnings 60.47
Return On Assets TTM 1.40 %
PEG Ratio 844.20
Return On Equity TTM 2.13 %
Wall Street Target Price 120.54 USD
Revenue TTM 3 085 452 032 USD
Book Value 105.77 USD
Revenue Per Share TTM
Dividend Share 5.14 USD
Quarterly Revenue Growth YOY 10.90 %
Dividend Yield 5.41 %
Gross Profit TTM 1 806 454 000 USD
Earnings per share 1.64 USD
Diluted Eps TTM 1.64 USD
Most Recent Quarter III 2024
Quarterly Earnings Growth YOY 648.40 %
Profit Margin 9.62 %

Dividend Analytics ARE

Champion - 10+ consecutive years of dividend increases

Max Ratio

>10 - expected double digit dividend yield on cost over 10Y >5 - expected 5-9 dividend yield on cost over 10Y <5 - expected <5 dividend yield on cost over 10Y MaxRatio is an estimated 10Y dividend yield on cost calculated by combining the current dividend yield with the 5-year & 10-year average dividend growth rate, projected over the next 10 years discounted based on current Financial Score. It provides a projected outlook on future dividend returns.

5Y Dividend Growth

30.00 %

Consecutive Years

14 years

5Y Average Payout Ratio

285.00 %

Dividend History ARE

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Ex Dividend Date 31.12.2024
Dividend CAGR 3Y 5.03 %
Dividend CAGR 5Y 5.35 %
Dividend CAGR 10Y 6.07 %
Consecutive Years 14
Consistent Years 14
Continuous Dividends 28
Forward Annual Dividend Yield 5.32 %
Forward Annual Dividend 5.28 USD
Last Split Factor 100:1
Payout Ratio 3.16 %
Last Split Date 30.07.2002

Stock Valuation ARE

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Trailing PE 60.47
Forward PE 16.69
Enterprise Value Revenue 9.80
Price Sales TTM 5.62
Enterprise Value EBITDA 16.69
Price Book MRQ 0.95

Financials ARE

1 year
3 years
5 years
10 years
15 years
Results 2019 Dynamics
* The data for this period has not yet been published

Technical indicators ARE

For 52 weeks

97.14 USD 128.74 USD
50 Day MA 110.09 USD
Shares Short Prior Month 3 057 884
200 Day MA 117.23 USD
Short Ratio 2.44
Shares Short 2 925 712
Short Percent 2.00 %
Dividend information is being updated