Alexandria Real Estate Equities Inc (NYSE: ARE) is -25.52% 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 $72.57 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $72.66, the stock is -7.14% and -19.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.48 million and changing 0.12% at the moment leaves the stock -31.15% off its SMA200. ARE registered -37.49% loss for a year compared to 6-month loss of -35.71%. The firm has a 50-day simple moving average (SMA 50) of $90.1504 and a 200-day simple moving average (SMA200) of $105.5299.
The stock witnessed a -21.46% gain in the last 1 month and extending the period to 3 months gives it a -24.15%, and is -5.60% 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 3.17% over the week and 4.74% over the month.
Alexandria Real Estate Equities Inc (ARE) has around 552 employees, a market worth around $12.57B and $3.11B in sales. Current P/E ratio is 95.39 and Fwd P/E is 25.52. Profit margin for the company is 4.22%. Distance from 52-week low is 1.52% and -44.17% from its 52-week high. The company has generated returns on investments over the last 12 months (0.43%).
The EPS is expected to grow by 26.80% this year
1002.0 institutions hold shares in Alexandria Real Estate Equities Inc (ARE), with institutional investors hold 99.60% of the company’s shares. The shares outstanding are 173.09M, and float is at 170.98M with Short Float at 2.85%. Institutions hold 98.61% 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 15.1686 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).
