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Alexandria Real Estate Equities Inc (NYSE: ARE) |
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Price: $96.2700
$-0.71 
-0.732%
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| Day's High:
| $97.09
| Week Perf:
| -3.27 %
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| Day's Low: |
$ 95.41 |
30 Day Perf: |
0.79 % |
| Volume (M): |
2,206 |
52 Wk High: |
$ 130.14 |
| Volume (M$): |
$ 212,362 |
52 Wk Avg: |
$112.22 |
| Open: |
$96.53 |
52 Wk Low: |
$93.25 |
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| Market Capitalization (Millions $) |
16,556 |
| Shares
Outstanding (Millions) |
172 |
| Employees |
568 |
| Revenues (TTM) (Millions $) |
3,116 |
| Net Income (TTM) (Millions $) |
511 |
| Cash Flow (TTM) (Millions $) |
-101 |
| Capital Exp. (TTM) (Millions $) |
2,671 |
Alexandria Real Estate Equities Inc
Alexandria Real Estate Equities, Inc. (ARE) is a prominent real estate investment trust (REIT) focused on the development, acquisition, and management of life science and technology campuses. With a robust portfolio of nearly 29 million rentable square feet across 243 properties, ARE is strategically located in key innovation clusters such as Boston/Cambridge, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle Park.
Founded in 1994, Alexandria has established itself as one of the largest and most diversified REITs in the world, driving growth through a business model that emphasizes collaboration with tenants in the life science, pharmaceutical, biotech, and technology sectors. The company offers state-of-the-art research and development facilities, flexible lease agreements, and tailored development solutions to foster innovation and efficiency for its tenants, which include leading companies, academic institutions, and research organizations.
Sustainability is a core tenet of AREs operations, with over 70% of its properties being LEED certified. The company has been recognized for its environmental initiatives, becoming the first REIT to receive the Energy Star Partner of the Year award and actively engaging in various green building initiatives like the Global Real Estate Sustainability Benchmark (GRESB) and the US Department of Energys Better Buildings Challenge.
Financially, Alexandria boasts a solid foundation with a market capitalization exceeding $31 billion and an investment-grade credit rating. Its revenue and earnings have demonstrated consistent growth driven by a diversified funding base of both debt and equity capital.
Beyond its primary real estate activities, ARE has developed innovative platforms to enhance the life science and technology ecosystems. These include the Alexandria Seed Capital Platform, which supports early-stage life science startups, and Alexandria LaunchLabs, which provides entrepreneurs with accessible lab space and necessary equipment.
In summary, Alexandria Real Estate Equities, Inc. is a forward-thinking company that plays a pivotal role in shaping the future of the life science and technology industries. Its emphasis on sustainability, innovation, and collaborative tenant relationships positions it as a leader in creating and managing premier facilities for the most pioneering companies and institutions in the world.
Company Address: 26 North Euclid Avenue Pasadena 91101 CA
Company Phone Number: 578-0777 Stock Exchange / Ticker: NYSE ARE
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| Stock Performances by Major Competitors |
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| Alexandria Real Estate Equities Inc
Alexandria Real Estate Equities, Inc.: A Strong Q1 Dividend Declaration Amidst Robust Financial PerformancePASADENA, California - Alexandria Real Estate Equities, Inc. (NYSE: ARE), a powerhouse in the real estate investment sector, has recently made headlines by declaring a quarterly cash dividend of $1.27 per common share for the first quarter of 2024. This announcement, made on March 4, 2024, underscores the company?s commitment to rewarding its shareholders while continuing to strengthen its market position.The upcoming dividend is scheduled for distribution on April 15, 2024, to shareholders on record as of March 31, 2024. This decision marks another step in Alexandria's strategy to maintain a strong dividend payout while delivering significant value to stakeholders.
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| Alexandria Real Estate Equities Inc
Alexandria Real Estate Equities Inc, a prominent real estate investment company, recently announced its financial results for the April to June 30, 2024 period. Despite a decrease in net profit per share, the company saw a significant increase in revenue compared to the previous year.
In the latest financial period, Alexandria Real Estate Equities Inc reported a net profit per share of $0.25, a drop from $0.51 earned in the corresponding period a year ago. This decline in earnings per share can be attributed to various factors, including changes in market conditions and expenses incurred by the company. However, the company's revenue rose by 7.401% to $769.11 million, showcasing its ability to generate income and remain competitive in the industry.
On the other hand, when compared to the previous quarter, there was a slight decrease in revenue by -0.309% and a significant drop in earnings per share by -74.23%. Despite these challenges, Alexandria Real Estate Equities Inc remains focused on improving its sales performance and delivering value to its shareholders. The company's net margin eased to 12.27%, indicating its efforts to optimize its profitability and operational efficiency.
In line with its commitment to shareholder value, Alexandria Real Estate Equities Inc declared a quarterly cash dividend of $1.27 per common share for the first quarter of 2024. This dividend will be distributed on April 15, 2024, to shareholders of record as of March 31, 2024. By rewarding its shareholders with dividends, the company aims to strengthen its position in the market and demonstrate its financial stability and solid performanceDespite the challenges faced by Alexandria Real Estate Equities Inc in the current financial period, the company remains optimistic about its future prospects. Operating earnings rose significantly by 1204.74% to $183.368 million, showcasing its potential for growth and profitability. Additionally, the company's year-to-date performance shows that its shares have underperformed the market by 16.07%.
Overall, Alexandria Real Estate Equities Inc is focused on enhancing its financial performance, delivering value to its shareholders, and maintaining its competitive position in the market. With a strategic approach to operational efficiency and revenue generation, the company aims to navigate through challenges and capitalize on growth opportunities in the real estate industry.
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| Alexandria Real Estate Equities Inc
Alexandria Real Estate Equities Inc, a leading real estate investment company, has reported impressive financial results for the first quarter of 2024. The company experienced a significant increase in earnings per share (EPS), with a growth rate of 120.45% to $0.97 compared to the previous year. Furthermore, revenue increased by 9.748% to $769.11 million, surpassing the prior year financial reporting period which stood at $700.80 million.
These figures indicate that ARE's business has outperformed its contemporaries in the Real Estate Investment Trusts (REITs) sector. In the first quarter of 2024, two-thirds of businesses in the REITs sector reported a business advance of only 8.81% relative to the first quarter of 2023. This demonstrates the company's ability to outpace its competitors and generate strong growth.
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| Dividend
Published Mon, Mar 4 2024 9:10 PM UTC
Alexandria Real Estate Equities, Inc. Declares Cash Dividend for 1Q24, Continues to Strengthen its Position in the Market
PASADENA, Calif., March 4, 2024 - Alexandria Real Estate Equities, Inc. (NYSE: ARE), a leading real estate investment company, has announced the declaration of a quarterly cash dividend of $1.27 per common share for the first quarter of 2024. Wit...
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| Alexandria Real Estate Equities Inc
Alexandria Real Estate Equities Inc (ARE) has shown robust growth in its revenue for the October to December 31, 2023 financial reporting period, with a 12.97% increase to $757.22 million. This reflects a positive trend for the company, indicating its ability to attract more customers and generate higher sales.
However, despite the impressive revenue growth, the company slipped into a shortfall, with $-0.51 shortfall per share. This may be a cause for concern for some investors, but it's important to consider the overall performance and underlying factors affecting the company's financials.
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| Per Share |
Current |
| Earnings (TTM) |
1.81 $ |
| Revenues (TTM) |
18.12 $
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| Cash Flow (TTM) |
- |
| Cash |
3.26 $
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| Book Value |
130.13 $
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| Dividend (TTM) |
5.23 $ |
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| Per Share |
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| Earnings (TTM) |
1.81 $
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| Revenues (TTM) |
18.12 $ |
| Cash Flow (TTM) |
- |
| Cash |
3.26 $
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| Book Value |
130.13 $ |
| Dividend (TTM) |
5.23 $ |
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