Alexandria Real Estate Equities Inc (NYSE: ARE) is -29.71% lower on its value in year-to-date trading and has touched a low of $70.15 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 $72.18 in the last trading session, with the day’s loss setting it -3.61%.
Currently trading at $68.57, the stock is -6.38% and -16.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.87 million and changing -5.00% at the moment leaves the stock -32.71% off its SMA200. ARE registered -44.78% loss for a year compared to 6-month loss of -35.05%. The firm has a 50-day simple moving average (SMA 50) of $82.046 and a 200-day simple moving average (SMA200) of $101.9017.
The stock witnessed a -10.08% gain in the last 1 month and extending the period to 3 months gives it a -28.21%, and is -3.41% 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 3.04% over the week and 3.15% over the month.
Alexandria Real Estate Equities Inc (ARE) has around 552 employees, a market worth around $11.86B and $3.11B in sales. Current P/E ratio is 90.02 and Fwd P/E is 29.76. Profit margin for the company is 4.22%. Distance from 52-week low is -2.25% and -47.31% from its 52-week high. The company has generated returns on investments over the last 12 months (0.43%).
The EPS is expected to shrink by -4.66% this year
1013.0 institutions hold shares in Alexandria Real Estate Equities Inc (ARE), with institutional investors hold 99.07% of the company’s shares. The shares outstanding are 172.99M, and float is at 170.88M with Short Float at 3.06%. Institutions hold 98.09% 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).
