Alexandria Real Estate Equities Inc (NYSE: ARE) is 5.06% higher on its value in year-to-date trading and has touched a low of $93.25 and a high of $130.14 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ARE stock was last observed hovering at around $99.80 in the last trading session, with the day’s gains setting it 2.69%.
Currently trading at $102.49, the stock is 4.51% and 4.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing 2.70% at the moment leaves the stock -7.83% off its SMA200. ARE registered -17.43% loss for a year compared to 6-month loss of -12.84%.
The stock witnessed a 5.64% gain in the last 1 month and extending the period to 3 months gives it a -5.12%, and is 0.22% 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 2.84% over the week and 2.20% over the month.
Alexandria Real Estate Equities Inc (ARE) has around 552 employees, a market worth around $17.74B and $3.12B in sales. Current P/E ratio is 56.93 and Fwd P/E is 23.51. Profit margin for the company is 9.93%. Distance from 52-week low is 9.91% and -21.25% from its 52-week high. The company has generated returns on investments over the last 12 months (1.00%).
with sales reaching $751.8M over the same period.The EPS is expected to grow by 134.72% this year, but quarterly earnings will post -0.14% year-over-year. Quarterly sales are estimated to shrink -2.25% in year-over-year returns.
Alexandria Real Estate Equities Inc (ARE) Top Institutional Holders
The shares outstanding are 172.20M, and float is at 170.88M with Short Float at 1.97%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.09 million shares valued at $3.05 billion. The investor’s holdings represent 15.1742% of the ARE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 17.0 million shares valued at $1.99 billion to account for 9.8846 of the shares outstanding. The other top investors are NORGES BANK which holds 16.46 million shares representing 9.5711% and valued at over $1.93 billion, while STATE STREET CORP holds 6.088 of the shares totaling 10.47 million with a market value of $1.24 billion.
Alexandria Real Estate Equities Inc (ARE) Insider Activity
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Alexandria Real Estate Equities Inc disclosed in a document filed with the SEC on Dec 16 ’24 that Moglia Peter M (Chief Executive Officer) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Dec 16 ’24 and was made at $102.26 per share for $1.02 million. Following the transaction, the insider now directly holds 0.23 million shares of the ARE stock.
Still, SEC filings show that on Dec 16 ’24, Alsbrook Madeleine Thorp (EVP – Talent Management) disposed off 4,360 shares at an average price of $102.34 for $0.45 million. The insider now directly holds 22,067 shares of Alexandria Real Estate Equities Inc (ARE).
