Alexandria Real Estate Equities Inc. (NYSE: ARE) is -1.61% lower on its value in year-to-date trading and has touched a low of $90.73 and a high of $148.23 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARE stock was last observed hovering at around $121.40 in the last trading session, with the day’s gains setting it 3.33%.
Currently trading at $124.73, the stock is 4.82% and 1.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing 2.74% at the moment leaves the stock 8.87% off its SMA200. ARE registered -16.38% loss for a year compared to 6-month gain of 6.55%. The firm has a 50-day simple moving average (SMA 50) of $11.40 and a 200-day simple moving average (SMA200) of $22.71.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 2.91% loss in the last 1 month and extending the period to 3 months gives it a 15.79%, and is 3.02% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.56% over the week and 2.66% over the month.
Alexandria Real Estate Equities Inc. (ARE) has around 568 employees, a market worth around $21.82B and $2.89B in sales. Current P/E ratio is 230.13 and Fwd P/E is 33.01. Profit margin for the company is 3.20%. Distance from 52-week low is 37.47% and -15.86% from its 52-week high. The company has generated returns on investments over the last 12 months (0.30%).
Alexandria Real Estate Equities Inc. quarterly earnings per share for the current quarter are estimated at $0.79 with sales reaching $762.32M over the same period.The EPS is expected to grow by 570.79% this year, but quarterly earnings will post 7.10% year-over-year. Quarterly sales are estimated to grow 10.80% in year-over-year returns.
977 institutions hold shares in Alexandria Real Estate Equities Inc. (ARE), with institutional investors hold 99.46% of the company’s shares. The shares outstanding are 174.94M, and float is at 172.63M with Short Float at 2.83%. Institutions hold 98.43% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 27.01 million shares valued at $3.07 billion. The investor’s holdings represent 15.61% of the ARE Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 17.14 million shares valued at $1.95 billion to account for 9.91% of the shares outstanding. The other top investors are Norges Bank Investment Management which holds 15.63 million shares representing 9.03% and valued at over $2.28 billion, while State Street Corporation holds 6.15% of the shares totaling 10.64 million with a market value of $1.21 billion.
Alexandria Real Estate Equities Inc. (ARE) Insider Activity
A total of 22 insider transactions have happened at Alexandria Real Estate Equities Inc. (ARE) in the last six months, with sales accounting for 16 and purchases happening 6 times. The most recent transaction is an insider sale by MARCUS JOEL S, the company’s Executive Chairman. SEC filings show that MARCUS JOEL S sold 7,500 shares of the company’s common stock on Feb 26 at a price of $118.92 per share for a total of $0.89 million. Following the sale, the insider now owns 0.43 million shares.
Alexandria Real Estate Equities Inc. disclosed in a document filed with the SEC on Dec 15 that Cain James P (Director) sold a total of 660 shares of the company’s common stock. The trade occurred on Dec 15 and was made at $131.05 per share for $86493.0. Following the transaction, the insider now directly holds 5620.0 shares of the ARE stock.
Still, SEC filings show that on Dec 13, Ryan Daniel J (Co-President and RMD) disposed off 10,000 shares at an average price of $118.07 for $1.18 million. The insider now directly holds 166,308 shares of Alexandria Real Estate Equities Inc. (ARE).
Alexandria Real Estate Equities Inc. (ARE): Who are the competitors?
One of the company’s main competitors (and peers) include Boston Properties Inc. (BXP) that is trading -0.63% down over the past 12 months.Healthpeak Properties Inc. (PEAK) lies in the list of competitors of the Alexandria Real Estate Equities Inc. and is -29.62% lower over the same period from AREMedical Properties Trust Inc. (MPW) is -59.87% down on the 1-year trading charts.
