Alexandria Real Estate Equities Inc (NYSE: ARE) is -20.21% lower on its value in year-to-date trading and has touched a low of $71.57 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 $77.12 in the last trading session, with the day’s gains setting it 0.72%.
Currently trading at $77.84, the stock is -9.57% and -16.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing 0.93% at the moment leaves the stock -27.43% off its SMA200. ARE registered -33.46% loss for a year compared to 6-month loss of -35.78%. The firm has a 50-day simple moving average (SMA 50) of $93.3588 and a 200-day simple moving average (SMA200) of $107.2655.
The stock witnessed a -20.32% gain in the last 1 month and extending the period to 3 months gives it a -22.23%, and is 4.39% 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 3.32% over the week and 4.33% over the month.
Alexandria Real Estate Equities Inc (ARE) has around 552 employees, a market worth around $13.47B and $3.12B in sales. Current P/E ratio is 43.24 and Fwd P/E is 21.76. Profit margin for the company is 9.93%. Distance from 52-week low is 8.76% and -40.19% from its 52-week high. The company has generated returns on investments over the last 12 months (1.00%).
with sales reaching $754.8M over the same period.The EPS is expected to grow by 89.30% this year, but quarterly earnings will post -0.73% year-over-year. Quarterly sales are estimated to shrink -1.86% in year-over-year returns.
Alexandria Real Estate Equities Inc (ARE) Top Institutional Holders
997.0 institutions hold shares in Alexandria Real Estate Equities Inc (ARE), with institutional investors hold 99.68% of the company’s shares. The shares outstanding are 172.20M, and float is at 170.81M with Short Float at 2.17%. Institutions hold 98.70% 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
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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).
