Alexandria Real Estate Equities Inc ARE
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News
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Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.30 per Common Share for 2Q24, an Increase of 3 Cents Over 1Q24, and an Aggregate of $5.08 per Common Share for the 12 Months Ending June 30, 2024, an Increase of 24 Cents, or 5 Percent, Over the 12 Months Ended June 30, 2023
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Alexandria Real Estate Equities, Inc. to Hold Its Second Quarter 2024 Operating and Financial Results Conference Call and Webcast on July 23, 2024
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Alexandria Real Estate Equities, Inc. Drives Forward Its Action- and Solutions-Oriented Corporate Responsibility Initiatives Aimed at Prioritizing the Staggering Mental Health Crisis During Mental Health Awareness Month
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Alexandria Real Estate Equities, Inc. Reports: 1Q24 Net Income per Share - Diluted of $0.97; and 1Q24 FFO per Share - Diluted, as Adjusted, of $2.35
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Alexandria Real Estate Equities, Inc. Named One of the Most Trustworthy Companies in America by Newsweek for Second Consecutive Year
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Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal With insitro for a 6-Year Lease Extension at the Alexandria Center for Advanced Technologies Mega Campus in South San Francisco
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Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.27 per Common Share for 1Q24, for an Aggregate of $5.02 per Common Share for the 12 Months Ending March 31, 2024, an Increase of 24 Cents, or 5 Percent, Over the 12 Months Ended March 31, 2023
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Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal and 10-Year Lease Extension With Longstanding Credit Tenant Takeda at the Alexandria Center at Kendall Square Mega Campus in Cambridge
Trading Information
- Previous Close Price
- $113.92
- Day Range
- $113.42–114.58
- 52-Week Range
- $90.73–135.45
- Bid/Ask
- $113.21 / $114.24
- Market Cap
- $19.86 Bil
- Volume/Avg
- 859,066 / 821,941
Key Statistics
- Price/Earnings (Normalized)
- 33.21
- Price/Sales
- 6.55
- Dividend Yield (Trailing)
- 4.42%
- Dividend Yield (Forward)
- 4.58%
- 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 Core
- Total Number of Employees
- 568
- Website
- https://www.are.com
Comparables
Valuation
|
Metric
|
ARE
|
KRC
|
BXP
|
|---|---|---|---|
Price/Earnings (Normalized) | 33.21 | 17.91 | 20.87 |
Price/Book Value | 1.06 | 0.68 | 1.57 |
Price/Sales | 6.55 | 3.29 | 2.77 |
Price/Cash Flow | 11.87 | 6.20 | 6.28 |
Price/Earnings
ARE
KRC
BXP
Financial Strength
|
Metric
|
ARE
|
KRC
|
BXP
|
|---|---|---|---|
Quick Ratio | 0.42 | 2.03 | 3.44 |
Current Ratio | 0.47 | 2.06 | 3.54 |
Interest Coverage | 4.74 | 2.53 | 1.36 |
Quick Ratio
ARE
KRC
BXP
Profitability
|
Metric
|
ARE
|
KRC
|
BXP
|
|---|---|---|---|
Return on Assets (Normalized) | 2.42% | 2.24% | 1.33% |
Return on Equity (Normalized) | 4.79% | 4.65% | 5.53% |
Return on Invested Capital (Normalized) | 2.81% | 3.09% | 3.08% |
Return on Assets
ARE
KRC
BXP
REIT - Office Industry Comparables
|
1-Day Chart
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