Alexandria Real Estate Equities Inc
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- Market Cap.:
- $25.35 billion
- Book Value:
- Revenue TTM:
- $2.59 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $1.81 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Alexandria Real Estate Equities Inc had its IPO on 1997-05-27 under the ticker symbol ARE.
The company operates in the Real Estate sector and REIT-Office industry. Alexandria Real Estate Equities Inc has a staff strength of 593 employees.
Shares of Alexandria Real Estate Equities Inc opened at $120.87 at the start of the last trading session i.e. 2023-03-20.
The stocks traded within a range of $119.73 - $122.19, and closed at $121.9.
This is a +0.85% increase from the previous day's closing price.
A total volume of 1,984,690 shares were traded at the close of the day’s session.
In the last one week, shares of Alexandria Real Estate Equities Inc have slipped by -3.86%.
Alexandria Real Estate Equities Inc's Key Ratios
Alexandria Real Estate Equities Inc has a market cap of $25.35 billion, indicating a price to book ratio of 1.4248 and a price to sales ratio of 9.8744.
In the last 12-months Alexandria Real Estate Equities Inc’s revenue was $2.59 billion with a gross profit of $1.81 billion and an EBITDA of $1.55 billion. The EBITDA ratio measures Alexandria Real Estate Equities Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Alexandria Real Estate Equities Inc’s operating margin was 24.21% while its return on assets stood at 1.19% with a return of equity of 3.22%.
In Q4, Alexandria Real Estate Equities Inc’s quarterly earnings growth was a negative -33.5% while revenue growth was a positive 15.6%.
Alexandria Real Estate Equities Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $3.18 per share while it has a forward price to earnings multiple of 17.2414 and a PEG multiple of 844.2. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Alexandria Real Estate Equities Inc’s profitability.
Alexandria Real Estate Equities Inc stock is trading at a EV to sales ratio of 14.2256 and a EV to EBITDA ratio of 20.1291. Its price to sales ratio in the trailing 12-months stood at 9.8744.
Alexandria Real Estate Equities Inc stock pays annual dividends of $4.72 per share, indicating a yield of 3.43% and a payout ratio of 1.53%.
Balance sheet and cash flow metrics
- Total Assets
- $35.52 billion
- Total Liabilities
- $1.67 billion
- Operating Cash Flow
- Capital Expenditure
- $1.36 billion
- Dividend Payout Ratio
Alexandria Real Estate Equities Inc ended 2023 with $35.52 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $35.52 billion while shareholder equity stood at $18.97 billion.
Alexandria Real Estate Equities Inc ended 2023 with $0 in deferred long-term liabilities, $1.67 billion in other current liabilities, 1707000.00 in common stock, $1.22 billion in retained earnings and $0 in goodwill. Its cash balance stood at $825.19 million and cash and short-term investments were $825.19 million. The company’s total short-term debt was $0 while long-term debt stood at $10.16 billion.
Alexandria Real Estate Equities Inc’s total current assets stands at $973.92 million while long-term investments were $38.44 million and short-term investments were $1.62 billion. Its net receivables were $66.84 million compared to accounts payable of $389.74 million and inventory worth $0.
In 2023, Alexandria Real Estate Equities Inc's operating cash flow was $-1359840000.00 while its capital expenditure stood at $1.36 billion.
Comparatively, Alexandria Real Estate Equities Inc paid $0.02 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Alexandria Real Estate Equities Inc stock is currently trading at $121.9 per share. It touched a 52-week high of $201.7305 and a 52-week low of $201.7305. Analysts tracking the stock have a 12-month average target price of $179.3.
Its 50-day moving average was $151.78 and 200-day moving average was $147.78 The short ratio stood at 2.62 indicating a short percent outstanding of 0%.
Around 95.2% of the company’s stock are held by insiders while 9589.1% are held by institutions.
Frequently Asked Questions About Alexandria Real Estate Equities Inc
Similar Industry Stocks (REIT-Office)
Alexandria Real Estate Equities, Inc. (NYSE:ARE) is an S&P 500 urban office real estate investment trust (REIT). The firm is the first, longest-tenured, and pioneering owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million square feet (SF). The asset base in North America includes 31.9 million RSF of operating properties and 3.3 million RSF of Class A properties undergoing construction, 7.1 million RSF of near-term and intermediate-term development and redevelopment projects, and 7.4 million SF of future development projects. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, 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, technology, and agtech 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, technology, and agtech 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.