Alexandria Real Estate Equities Inc (NYSE: ARE) is -17.15% lower on its value in year-to-date trading and has touched a low of $75.70 and a high of $130.14 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 $76.94 in the last trading session, with the day’s gains setting it 3.88%.
Currently trading at $80.82, the stock is -12.38% and -15.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.11 million and changing 5.04% at the moment leaves the stock -25.47% off its SMA200. ARE registered -36.22% loss for a year compared to 6-month loss of -28.83%. The firm has a 50-day simple moving average (SMA 50) of $95.5546 and a 200-day simple moving average (SMA200) of $108.4349.
The stock witnessed a -18.59% gain in the last 1 month and extending the period to 3 months gives it a -16.99%, and is -12.47% down 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 8.02% over the week and 3.82% over the month.
Alexandria Real Estate Equities Inc (ARE) has around 552 employees, a market worth around $13.99B and $3.12B in sales. Current P/E ratio is 44.89 and Fwd P/E is 22.59. Profit margin for the company is 9.93%. Distance from 52-week low is 6.76% and -37.90% from its 52-week high. The company has generated returns on investments over the last 12 months (1.00%).
with sales reaching $755.64M over the same period.The EPS is expected to grow by 89.30% this year, but quarterly earnings will post -1.15% year-over-year. Quarterly sales are estimated to shrink -1.75% in year-over-year returns.
989.0 institutions hold shares in Alexandria Real Estate Equities Inc (ARE), with institutional investors hold 99.55% of the company’s shares. The shares outstanding are 172.20M, and float is at 170.81M with Short Float at 1.99%. Institutions hold 98.56% of the Float.
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 9.8809 of the shares outstanding. The other top investors are NORGES BANK which holds 16.46 million shares representing 9.5676 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
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).
