Alexandria Real Estate Equities (NYSE:ARE) Receives “Neutral” Rating from Wedbush

Alexandria Real Estate Equities (NYSE:AREGet Free Report)‘s stock had its “neutral” rating restated by stock analysts at Wedbush in a research report issued on Wednesday,RTT News reports. They currently have a $104.00 target price on the real estate investment trust’s stock. Wedbush’s price target points to a potential upside of 8.53% from the stock’s current price. Wedbush also issued estimates for Alexandria Real Estate Equities’ FY2025 earnings at $9.33 EPS, Q1 2026 earnings at $2.30 EPS, Q2 2026 earnings at $2.38 EPS, Q3 2026 earnings at $2.45 EPS, Q4 2026 earnings at $2.52 EPS and FY2026 earnings at $9.65 EPS.

A number of other research firms have also weighed in on ARE. JMP Securities reissued a “market outperform” rating and set a $130.00 price objective on shares of Alexandria Real Estate Equities in a research note on Wednesday. Royal Bank of Canada lowered 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. Robert W. Baird lowered their price objective on Alexandria Real Estate Equities from $137.00 to $130.00 and set an “outperform” rating on the stock in a research note on Friday, November 8th. Evercore ISI lowered their price objective on Alexandria Real Estate Equities from $129.00 to $124.00 and set an “in-line” rating on the stock in a research note on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. lowered Alexandria Real Estate Equities from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $133.00 to $121.00 in a research note on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $121.30.

View Our Latest Report on ARE

Alexandria Real Estate Equities Stock Up 0.0 %

Shares of ARE opened at $95.83 on Wednesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.20 and a current ratio of 0.20. Alexandria Real Estate Equities has a one year low of $94.35 and a one year high of $130.14. The stock has a market capitalization of $16.75 billion, a price-to-earnings ratio of 58.43, a PEG ratio of 3.85 and a beta of 1.16. The stock has a 50 day moving average price of $101.76 and a 200 day moving average price of $111.75.

Alexandria Real Estate Equities (NYSE:AREGet Free Report) last issued its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $2.39 EPS for the quarter, topping the consensus estimate of $0.91 by $1.48. Alexandria Real Estate Equities had a return on equity of 1.31% and a net margin of 9.62%. Equities research analysts forecast that Alexandria Real Estate Equities will post 9.47 earnings per share for the current fiscal year.

Alexandria Real Estate Equities announced that its Board of Directors has authorized a stock buyback program on Monday, December 9th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to buy up to 2.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On Alexandria Real Estate Equities

Several large investors have recently bought and sold shares of ARE. Sei Investments Co. increased its holdings in Alexandria Real Estate Equities by 4.3% during the 2nd quarter. Sei Investments Co. now owns 14,095 shares of the real estate investment trust’s stock worth $1,649,000 after purchasing an additional 581 shares during the period. AQR Capital Management LLC increased its holdings in Alexandria Real Estate Equities by 160.5% during the 2nd quarter. AQR Capital Management LLC now owns 40,663 shares of the real estate investment trust’s stock worth $4,703,000 after purchasing an additional 25,056 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Alexandria Real Estate Equities by 10.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,193 shares of the real estate investment trust’s stock worth $374,000 after purchasing an additional 294 shares during the period. Truist Financial Corp increased its holdings in Alexandria Real Estate Equities by 7.5% during the 2nd quarter. Truist Financial Corp now owns 41,871 shares of the real estate investment trust’s stock worth $4,898,000 after purchasing an additional 2,904 shares during the period. Finally, Brown Financial Advisors purchased a new stake in Alexandria Real Estate Equities during the 2nd quarter worth about $696,000. Hedge funds and other institutional investors own 96.54% of the company’s stock.

About Alexandria Real Estate Equities

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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.

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