Wedbush Issues Pessimistic Outlook for ARE Earnings

Alexandria Real Estate Equities, Inc. (NYSE:ARE) – Investment analysts at Wedbush lowered their Q1 2025 earnings estimates for shares of Alexandria Real Estate Equities in a research note issued on Wednesday, October 23rd. Wedbush analyst R. Anderson now forecasts that the real estate investment trust will earn $2.26 per share for the quarter, down from their previous estimate of $2.34. Wedbush currently has a “Neutral” rating and a $120.00 target price on the stock. The consensus estimate for Alexandria Real Estate Equities’ current full-year earnings is $9.47 per share. Wedbush also issued estimates for Alexandria Real Estate Equities’ Q2 2025 earnings at $2.32 EPS, Q3 2025 earnings at $2.37 EPS, Q4 2025 earnings at $2.41 EPS and FY2025 earnings at $9.36 EPS.

A number of other research firms have also recently weighed in on ARE. Citigroup cut shares of Alexandria Real Estate Equities from a “buy” rating to a “neutral” rating and lowered their price target for the company from $130.00 to $125.00 in a report on Friday, September 13th. BMO Capital Markets raised shares of Alexandria Real Estate Equities to a “hold” rating in a report on Wednesday, September 25th. Bank of America downgraded Alexandria Real Estate Equities from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $151.00 to $126.00 in a research report on Monday, July 29th. Jefferies Financial Group cut Alexandria Real Estate Equities from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $136.00 to $127.00 in a research report on Friday, August 2nd. Finally, Evercore ISI reduced their target price on Alexandria Real Estate Equities from $129.00 to $124.00 and set an “in-line” rating on the stock in a research report on Wednesday. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $131.22.

Alexandria Real Estate Equities Price Performance

Shares of ARE stock opened at $113.02 on Friday. The stock’s 50-day moving average is $119.17 and its 200 day moving average is $118.68. Alexandria Real Estate Equities has a 1-year low of $90.73 and a 1-year high of $135.45. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.23 and a quick ratio of 0.23. The company has a market cap of $19.77 billion, a P/E ratio of 105.63, a PEG ratio of 3.99 and a beta of 1.16.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, October 21st. The real estate investment trust reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.38 by ($1.42). The company had revenue of $791.60 million for the quarter, compared to the consensus estimate of $766.97 million. Alexandria Real Estate Equities had a net margin of 5.09% and a return on equity of 0.68%. The firm’s revenue was up 10.9% compared to the same quarter last year. During the same period last year, the business posted $2.26 EPS.

Institutional Investors Weigh In On Alexandria Real Estate Equities

A number of institutional investors and hedge funds have recently modified their holdings of the company. M&G Plc acquired a new position in Alexandria Real Estate Equities during the first quarter valued at $204,001,000. Pathway Financial Advisers LLC lifted its holdings in shares of Alexandria Real Estate Equities by 11,449.8% in the 3rd quarter. Pathway Financial Advisers LLC now owns 1,423,630 shares of the real estate investment trust’s stock valued at $169,056,000 after buying an additional 1,411,304 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Alexandria Real Estate Equities by 153.0% in the 1st quarter. Russell Investments Group Ltd. now owns 777,345 shares of the real estate investment trust’s stock valued at $100,205,000 after buying an additional 470,076 shares during the period. DAVENPORT & Co LLC purchased a new stake in shares of Alexandria Real Estate Equities in the first quarter worth about $55,075,000. Finally, Raymond James & Associates grew its holdings in Alexandria Real Estate Equities by 501.1% during the third quarter. Raymond James & Associates now owns 290,857 shares of the real estate investment trust’s stock worth $34,539,000 after acquiring an additional 242,466 shares during the period. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 4.60%. The ex-dividend date was Monday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio is presently 485.98%.

About Alexandria Real Estate Equities

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.