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Real Estate - REIT - Office - NYSE - US
$ 105.58
-2.48 %
$ 18.5 B
Market Cap
64.77
P/E
1. INTRINSIC VALUE

Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® urban office real estate investment trust ("REIT"), is the first, longest-tenured, and pioneering owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million square feet ("SF"). The asset base in North America includes 31.9 million RSF of operating properties and 3.3 million RSF of Class A properties undergoing construction, 7.1 million RSF of near-term and intermediate-term development and redevelopment projects, and 7.4 million SF of future development projects.[ Read More ]

The intrinsic value of one ARE stock under the base case scenario is HIDDEN Compared to the current market price of 106 USD, Alexandria Real Estate Equities, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ARE

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FINANCIALS
2.89 B REVENUE
11.46%
0 OPERATING INCOME
0.00%
281 M NET INCOME
-58.10%
1.63 B OPERATING CASH FLOW
25.98%
-2.5 B INVESTING CASH FLOW
50.78%
674 M FINANCING CASH FLOW
-84.06%
776 M REVENUE
1.18%
205 M OPERATING INCOME
36.45%
214 M NET INCOME
397.71%
477 M OPERATING CASH FLOW
15.93%
-397 M INVESTING CASH FLOW
20.12%
24.9 M FINANCING CASH FLOW
130.89%
Balance Sheet Decomposition Alexandria Real Estate Equities, Inc.
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Current Assets 1.83 B
Cash & Short-Term Investments 618 M
Receivables 1.1 B
Other Current Assets 115 M
Non-Current Assets 34.9 B
Long-Term Investments 1.49 B
PP&E 32.3 B
Other Non-Current Assets 1.13 B
Current Liabilities 769 M
Accounts Payable 524 M
Short-Term Debt 22.6 M
Other Current Liabilities 222 M
Non-Current Liabilities 13.4 B
Long-Term Debt 11.7 B
Other Non-Current Liabilities 1.7 B
EFFICIENCY
Earnings Waterfall Alexandria Real Estate Equities, Inc.
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Revenue 2.89 B
Cost Of Revenue 859 M
Gross Profit 2.03 B
Operating Expenses 199 M
Operating Income 0
Other Expenses -281 M
Net Income 281 M
RATIOS
70.23% GROSS MARGIN
70.23%
0.00% OPERATING MARGIN
0.00%
3.59% NET MARGIN
3.59%
0.56% ROE
0.56%
0.28% ROA
0.28%
0.00% ROIC
0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Alexandria Real Estate Equities, Inc.
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Net Income 281 M
Depreciation & Amortization 1 B
Capital Expenditures 0
Stock-Based Compensation 82.9 M
Change in Working Capital 2.03 M
Others 156 M
Free Cash Flow 1.63 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Alexandria Real Estate Equities, Inc.
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Wall Street analysts predict an average 1-year price target for ARE of $129 , with forecasts ranging from a low of $125 to a high of $140 .
ARE Lowest Price Target Wall Street Target
125 USD 18.39%
ARE Average Price Target Wall Street Target
129 USD 22.56%
ARE Highest Price Target Wall Street Target
140 USD 32.60%
4. DIVIDEND ANALYSIS
1.11% DIVIDEND YIELD
1.3 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Alexandria Real Estate Equities, Inc.
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Sold
0-3 MONTHS
898 K USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.67 M USD 3
9-12 MONTHS
2.14 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 16, 2024
Sell 42.5 K USD
Cain James P
Director
- 340
124.87 USD
2 months ago
Sep 13, 2024
Sell 856 K USD
CIRUZZI VINCENT
Chief Development Officer
- 6941
123.29 USD
8 months ago
Mar 13, 2024
Sell 380 K USD
Lee Orraparn C.
EVP - Accounting
- 3000
126.67 USD
8 months ago
Mar 01, 2024
Sell 393 K USD
Moglia Peter M
Chief Executive Officer
- 3200
122.9 USD
8 months ago
Feb 26, 2024
Sell 892 K USD
MARCUS JOEL S
Executive Chairman
- 7500
118.92 USD
11 months ago
Dec 15, 2023
Sell 86.5 K USD
Cain James P
Director
- 660
131.05 USD
11 months ago
Dec 13, 2023
Sell 1.18 M USD
Ryan Daniel J
Co-President and RMD
- 10000
118.07 USD
11 months ago
Dec 13, 2023
Sell 293 K USD
Fukuzaki-Carlson Kristina
EVP - Business Operations
- 2500
117.03 USD
11 months ago
Dec 04, 2023
Sell 580 K USD
Alsbrook Madeleine Thorp
EVP - Talent Management
- 4854
119.55 USD
1 year ago
May 08, 2023
Sell 916 K USD
MARCUS JOEL S
Executive Chairman
- 7500
122.2 USD
1 year ago
Feb 07, 2023
Sell 1.29 M USD
Cunningham John H
EVP - Regional Market Director
- 7800
165.78 USD
1 year ago
Feb 07, 2023
Sell 1.51 M USD
MARCUS JOEL S
Executive Chairman
- 9000
168 USD
1 year ago
Feb 06, 2023
Sell 551 K USD
Binda Marc E
EVP - Finance & Treasurer
- 3298
167.21 USD
1 year ago
Feb 06, 2023
Sell 802 K USD
Lee Orraparn C.
EVP - Accounting
- 4800
167.11 USD
1 year ago
Feb 06, 2023
Sell 637 K USD
Kass Hunter
EVP - Regional Market Director
- 3803
167.45 USD
1 year ago
Dec 15, 2022
Sell 866 K USD
CIRUZZI VINCENT
Chief Development Officer
- 5752
150.64 USD
1 year ago
Dec 15, 2022
Sell 189 K USD
CIRUZZI VINCENT
Chief Development Officer
- 1246
151.3 USD
1 year ago
Dec 14, 2022
Sell 1.37 M USD
Shigenaga Dean A
President and CFO
- 9000
152.51 USD
1 year ago
Dec 13, 2022
Sell 304 K USD
Moglia Peter M
Chief Executive Officer
- 2000
151.89 USD
1 year ago
Dec 12, 2022
Sell 975 K USD
MARCUS JOEL S
Executive Chairman
- 6500
150 USD
1 year ago
Dec 08, 2022
Sell 583 K USD
Cunningham John H
EVP - Regional Market Director
- 3939
147.98 USD
1 year ago
Dec 05, 2022
Sell 380 K USD
MARCUS JOEL S
Executive Chairman
- 2500
152 USD
1 year ago
Dec 01, 2022
Sell 511 K USD
Binda Marc E
EVP - Finance & Treasurer
- 3316
154 USD
2 years ago
Aug 11, 2022
Sell 338 K USD
CIRUZZI VINCENT
Chief Development Officer
- 2016
167.83 USD
2 years ago
Jul 28, 2022
Sell 47.6 K USD
Freire Maria C
director:
- 289
164.59 USD
2 years ago
Jul 27, 2022
Sell 124 K USD
Clem Jackie B.
General Counsel & Secretary
- 794
156.6 USD
2 years ago
May 09, 2022
Sell 857 K USD
Richardson Stephen
Co-Chief Executive Officer
- 5000
171.47 USD
2 years ago
Apr 27, 2022
Sell 354 K USD
Clem Jackie B.
General Counsel & Secretary
- 1865
189.55 USD
2 years ago
Mar 16, 2022
Sell 82.1 K USD
Cain James P
director:
- 425
193.26 USD
2 years ago
Feb 25, 2022
Sell 618 K USD
Binda Marc E
EVP - Finance & Treasurer
- 3234
191.09 USD
2 years ago
Feb 24, 2022
Sell 751 K USD
Diamond Lawrence J
Co-Chief Operating Officer
- 3950
190.21 USD
2 years ago
Feb 18, 2022
Sell 453 K USD
Hakman Joseph
Co-Chief Operating Officer
- 2435
186 USD
2 years ago
Feb 18, 2022
Sell 667 K USD
CIRUZZI VINCENT
Chief Development Officer
- 3593
185.68 USD
2 years ago
Feb 16, 2022
Sell 185 K USD
Moglia Peter M
Co-Chief Executive Officer
- 1002
184.39 USD
2 years ago
Feb 16, 2022
Sell 148 K USD
Moglia Peter M
Co-Chief Executive Officer
- 798
185.17 USD
2 years ago
Feb 16, 2022
Sell 129 K USD
Moglia Peter M
Co-Chief Executive Officer
- 691
186.7 USD
2 years ago
Feb 16, 2022
Sell 48.5 K USD
Moglia Peter M
Co-Chief Executive Officer
- 259
187.28 USD
2 years ago
Feb 17, 2022
Sell 270 K USD
Moglia Peter M
Co-Chief Executive Officer
- 1450
185.97 USD
2 years ago
Feb 17, 2022
Sell 243 K USD
Moglia Peter M
Co-Chief Executive Officer
- 1300
186.58 USD
2 years ago
Feb 16, 2022
Sell 1.03 M USD
Kass Hunter
EVP - Regional Market Director
- 5544
184.96 USD
2 years ago
Feb 09, 2022
Sell 475 K USD
Nemeth Terezia C
EVP - Regional Market Director
- 2500
189.84 USD
2 years ago
Feb 08, 2022
Sell 754 K USD
Cunningham John H
EVP - Regional Market Director
- 4059
185.77 USD
2 years ago
Feb 07, 2022
Sell 1.05 M USD
Kass Hunter
EVP - Regional Market Director
- 5544
188.89 USD
2 years ago
Feb 07, 2022
Sell 1.23 M USD
Gavinet Andres
Chief Accounting Officer
- 6487
189 USD
3 years ago
Aug 23, 2021
Sell 1.53 M USD
Ryan Daniel J
Co-Chief Investment Officer
- 7409
206.71 USD
3 years ago
Aug 23, 2021
Sell 537 K USD
Ryan Daniel J
Co-Chief Investment Officer
- 2591
207.43 USD
3 years ago
Aug 09, 2021
Sell 1.56 M USD
MARCUS JOEL S
Executive Chairman
- 7500
207.61 USD
3 years ago
Aug 06, 2021
Sell 2.6 M USD
Moglia Peter M
Co-Chief Executive Officer
- 12500
208.26 USD
3 years ago
Aug 09, 2021
Sell 2.61 M USD
Moglia Peter M
Co-Chief Executive Officer
- 12500
209.02 USD
3 years ago
Aug 02, 2021
Sell 1.01 M USD
MARCUS JOEL S
Executive Chairman
- 5000
202.63 USD
3 years ago
Jul 30, 2021
Sell 494 K USD
Clem Jackie B.
General Counsel & Secretary
- 2450
201.58 USD
3 years ago
Jul 30, 2021
Sell 1.22 M USD
CIRUZZI VINCENT
Chief Development Officer
- 6016
202.13 USD
3 years ago
Jul 30, 2021
Sell 3.03 M USD
Richardson Stephen
Co-Chief Executive Officer
- 15000
201.83 USD
3 years ago
Jul 29, 2021
Sell 5.4 M USD
Shigenaga Dean A
President and CFO
- 27000
200.07 USD
3 years ago
Jul 29, 2021
Sell 280 K USD
Nemeth Terezia C
EVP - Regional Market Director
- 1400
199.94 USD
3 years ago
Jul 29, 2021
Sell 561 K USD
Hakman Joseph
Co-Chief Operating Officer
- 2808
199.96 USD
3 years ago
Jul 29, 2021
Sell 301 K USD
Diamond Lawrence J
Co-Chief Operating Officer
- 1500
200.58 USD
3 years ago
Jul 28, 2021
Sell 1 M USD
MARCUS JOEL S
Executive Chairman
- 5000
200.02 USD
3 years ago
Jul 29, 2021
Sell 3 M USD
MARCUS JOEL S
Executive Chairman
- 15000
200 USD
3 years ago
Jul 28, 2021
Sell 1.59 M USD
Cunningham John H
EVP - Regional Market Director
- 8000
198.75 USD
3 years ago
Jul 28, 2021
Sell 1.05 M USD
Binda Marc E
EVP - Finance & Treasurer
- 5230
200 USD
3 years ago
May 03, 2021
Sell 180 K USD
Nemeth Terezia C
EVP - Regional Market Director
- 1000
180.03 USD
3 years ago
May 03, 2021
Sell 2.7 M USD
MARCUS JOEL S
Executive Chairman
- 15000
180.33 USD
3 years ago
May 04, 2021
Sell 902 K USD
MARCUS JOEL S
Executive Chairman
- 5000
180.41 USD
3 years ago
Apr 30, 2021
Sell 339 K USD
Cunningham John H
EVP - Regional Market Director
- 1882
180.17 USD
3 years ago
Apr 29, 2021
Sell 334 K USD
CIRUZZI VINCENT
Chief Development Officer
- 1865
179.21 USD
3 years ago
Apr 29, 2021
Sell 1.8 M USD
Richardson Stephen
Co-Chief Executive Officer
- 10000
179.93 USD
3 years ago
Apr 29, 2021
Sell 540 K USD
Gavinet Andres
Chief Accounting Officer
- 3000
180 USD
3 years ago
Apr 28, 2021
Sell 710 K USD
Dean Gary D.
EVP, Real Estate Legal Affairs
- 4000
177.61 USD
3 years ago
Apr 28, 2021
Sell 284 K USD
Binda Marc E
EVP - Finance & Treasurer
- 1597
177.61 USD
3 years ago
Mar 17, 2021
Sell 1.66 M USD
Moglia Peter M
Co-Chief Executive Officer
- 9900
167.56 USD
3 years ago
Mar 17, 2021
Sell 16.8 K USD
Moglia Peter M
Co-Chief Executive Officer
- 100
168.38 USD
3 years ago
Mar 16, 2021
Sell 67.2 K USD
Cain James P
Director
- 400
168.01 USD
3 years ago
Mar 15, 2021
Sell 1.66 M USD
Richardson Stephen
Co-Chief Executive Officer
- 10000
166.41 USD
3 years ago
Mar 12, 2021
Sell 193 K USD
Clem Jackie B.
General Counsel & Secretary
- 1181
163 USD
3 years ago
Mar 08, 2021
Sell 162 K USD
Nemeth Terezia C
EVP - Regional Market Director
- 1000
161.59 USD
3 years ago
Mar 08, 2021
Sell 741 K USD
Hakman Joseph
Co-Chief Operating Officer
- 4615
160.54 USD
3 years ago
Mar 02, 2021
Sell 547 K USD
Kass Hunter
EVP - Regional Market Director
- 3423
159.94 USD
3 years ago
Feb 24, 2021
Sell 410 K USD
Ryan Daniel J
Co-Chief Investment Officer
- 2500
163.9 USD
3 years ago
Feb 22, 2021
Sell 1.31 M USD
Ryan Daniel J
Co-Chief Investment Officer
- 7900
165.58 USD
3 years ago
Feb 22, 2021
Sell 349 K USD
Ryan Daniel J
Co-Chief Investment Officer
- 2100
166.06 USD
3 years ago
Feb 19, 2021
Sell 272 K USD
Diamond Lawrence J
Co-Chief Operating Officer
- 1600
170 USD
4 years ago
Sep 14, 2020
Sell 998 K USD
Moglia Peter M
Co-Chief Executive Officer
- 6119
163.16 USD
4 years ago
Aug 17, 2020
Sell 686 K USD
MARCUS JOEL S
Executive Chairman
- 4000
171.52 USD
4 years ago
Aug 17, 2020
Sell 607 K USD
MARCUS JOEL S
Executive Chairman
- 3500
173.51 USD
4 years ago
Aug 13, 2020
Sell 1.33 M USD
Cunningham John H
EVP - Regional Market Director
- 7750
172 USD
4 years ago
Aug 07, 2020
Sell 2.62 M USD
Andrews Thomas J
Co-President
- 14922
175.35 USD
4 years ago
Aug 03, 2020
Sell 877 K USD
Andrews Thomas J
Co-President
- 5000
175.48 USD
4 years ago
Aug 03, 2020
Sell 350 K USD
Nemeth Terezia C
EVP - Regional Market Director
- 2000
175.21 USD
4 years ago
Aug 03, 2020
Sell 1.76 M USD
Moglia Peter M
Co-Chief Executive Officer
- 10000
175.8 USD
4 years ago
Aug 04, 2020
Sell 1.1 M USD
Moglia Peter M
Co-Chief Executive Officer
- 6216
176.32 USD
4 years ago
Aug 04, 2020
Sell 472 K USD
Moglia Peter M
Co-Chief Executive Officer
- 2665
177.27 USD
4 years ago
Jul 31, 2020
Sell 1.14 M USD
Ryan Daniel J
Co-Chief Investment Officer
- 6533
174.02 USD
4 years ago
Jul 31, 2020
Sell 607 K USD
Ryan Daniel J
Co-Chief Investment Officer
- 3467
174.95 USD
4 years ago
Aug 04, 2020
Sell 879 K USD
Ryan Daniel J
Co-Chief Investment Officer
- 5000
175.87 USD
4 years ago
Jul 31, 2020
Sell 633 K USD
CIRUZZI VINCENT
Chief Development Officer
- 3644
173.84 USD
4 years ago
Jul 31, 2020
Sell 1.46 M USD
CIRUZZI VINCENT
Chief Development Officer
- 8356
174.58 USD
4 years ago
Jul 31, 2020
Sell 876 K USD
Hakman Joseph
Co-Chief Operating Officer
- 5000
175.13 USD
4 years ago
Jul 31, 2020
Sell 425 K USD
Clem Jackie B.
General Counsel & Secretary
- 2429
174.96 USD
4 years ago
Jul 31, 2020
Sell 1.75 M USD
Binda Marc E
EVP - Finance & Treasurer
- 10000
175.47 USD
4 years ago
Jul 31, 2020
Sell 3.07 M USD
Shigenaga Dean A
Co-President and CFO
- 17500
175.42 USD
4 years ago
Jul 31, 2020
Sell 441 K USD
Shigenaga Dean A
Co-President and CFO
- 2500
176.31 USD
4 years ago
Jul 31, 2020
Sell 1.75 M USD
Richardson Stephen
Co-Chief Executive Officer
- 10000
174.97 USD
4 years ago
Jul 31, 2020
Sell 4.37 M USD
MARCUS JOEL S
Executive Chairman
- 25000
174.9 USD
4 years ago
Jul 31, 2020
Sell 878 K USD
MARCUS JOEL S
Executive Chairman
- 5000
175.58 USD
4 years ago
Aug 03, 2020
Sell 878 K USD
MARCUS JOEL S
Executive Chairman
- 5000
175.52 USD
4 years ago
Aug 03, 2020
Sell 1.77 M USD
MARCUS JOEL S
Executive Chairman
- 10000
177 USD
7. News
Alexandria Real Estate: Buy The Dip And Start The DRIP Dividend reinvestment in high-quality stocks at below-average valuations like Alexandria Real Estate can result in potentially strong total returns. ARE's focus on mega campuses in innovation clusters results in sticky tenant relationships, robust leasing activity, and stable occupancy levels. ARE carries a strong balance sheet, attractive 4.9% dividend yield, and significant development pipeline, positioning it for solid future growth. seekingalpha.com - 1 day ago
A Decisive Realignment U.S. equity markets soared to record highs this week after President-elect Trump scored a surprisingly decisive election victory, including a likely "trifecta" of Republican legislative control in Congress. The outcome sparked powerful moves across global financial markets as investors priced in a combination of domestic-focused and "pro-growth" economic policies but also reflected concern over deficits and immigration policy. Characteristic of the "Trump trade" dynamic, smaller-cap companies led the surge, outperforming mega-cap technology and international-heavy peers. The S&P Small-Cap 600 soared 9%, outpacing 5% gains from the S&P 500. seekingalpha.com - 1 week ago
My Portfolio's Biggest Winners And Losers From A Republican Sweep The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT fundamentals by suppressing new construction starts due to higher interest rates. My portfolio saw significant movements post-election, with regional banks and energy stocks gaining, while renewables and healthcare REITs faced short-term declines. seekingalpha.com - 1 week ago
2 Overpriced REITs To Avoid And 1 Better Buy Not all REITs are worth buying. Some very popular REITs are today overpriced. I present two of them to avoid and one better alternative. seekingalpha.com - 1 week ago
Alexandria Real Estate Equities, Inc. Enables the Discovery, Development and Delivery of New Innovative Medicines That Are Key to Addressing Significant Unmet Medical Need Alexandria to lead mission-critical panel on immunology and inflammation as a cornerstone of treating human disease tomorrow at the 2024 Galien Forum USA at the Alexandria Center® for Life Science – New York City PASADENA, Calif. , Nov. 6, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative mega campuses in AAA life science innovation cluster locations, continues to leverage its position at the vanguard and heart of the $5 trillion secularly growing life science industry to foster the development of new therapies and cures for the 10,000 diseases known to humankind, of which less than 10% are currently addressable with treatments. prnewswire.com - 1 week ago
Structuring Portfolio To Achieve Durable 7% Yield With 7% Income Growth One of the main drawbacks of high durable income investing is the opportunity cost that comes from reduced income growth potential. However, as I have shown in this article, by being very selective, it is possible to achieve ~ 7% portfolio yield with also ~ 7% income growth rate going forward. Granted, the growth is not in double digit territory as for SCHD and it might not come true, but that could be just as easily the case for SCHD as well. seekingalpha.com - 1 week ago
Pivotal Decisions Ahead of a pivotal week of consequential decisions, U.S. equity markets posted a second-straight week of declines as investors parsed a relatively disappointing slate of employment and inflation data. The pivotal Nonfarm Payrolls report showed that the U.S. economy added just 12k jobs in October - the weakest month since 2020 - with notably weaker trends under the surface. Private employment declined by 28k during the month, fueled by the largest plunge in manufacturing employment since the pandemic shutdown, alongside job declines in retail, transportation, and hospitality. seekingalpha.com - 2 weeks ago
8 Stocks I'm Buying No Matter How The U.S. Election Goes The federal government absorbed most of the economic pain of the pandemic, and that shows up in federal debt to GDP. Big Tech companies paradoxically benefit from a higher Fed Funds Rate, because their cash holdings are immense, and they can earn relatively high yields on that cash. Real estate stopped its short-lived outperformance once interest rates began to rise again in mid-September. seekingalpha.com - 2 weeks ago
Market Irrationality Alert: 2 Durable Yield REITs With Too Cheap Multiples Durable income investing usually implies some sacrifices on the price appreciation end. Yet, in some situations, it is possible to lock in defensive and acceptable yields in combination with meaningful share price upside potential. In this article, I present two solid and high quality equity REITs, where the market has, in my opinion, assigned too aggressive discount rates. seekingalpha.com - 2 weeks ago
Brace For Volatility U.S. equity markets snapped a six-week winning streak, while benchmark interest rates surged to three-month highs as investors braced for a volatile two-week stretch of market-moving events. Another surprisingly solid slate of domestic economic data - highlighted by improved jobless claims and consumer sentiment reports - lifted the U.S. Economic Surprise Index to the highest-level since April. Retreating from record-highs, the S&P 500 finished lower by 1% on the week, declining for just the second time in the past twelve weeks. Rate-sensitive segments and small-caps were laggards. seekingalpha.com - 3 weeks ago
7 Stocks I'm Buying As Recession Fears Fade And Trump Victory Odds Rise Assessing the reasons for the recent rise in the 10-year Treasury rate: Soft landing optimism? A potential Fed overshoot? Rising odds of a Trump electoral victory? A series of Rorschach Tests that may interest investors. seekingalpha.com - 3 weeks ago
Alexandria Real Estate: Q3 Results Reinforce Bullish View Alexandria Real Estate Equities remains a strong buy due to its strategic mega campuses, high occupancy rates, and robust rental collections. Alexandria Real Estate reported solid earnings with 11% revenue growth and strong FFO, supported by high leasing volumes and investment-grade tenants. ARE stock's valuation is attractive, trading at 12.5 times expected FFO, with potential for multiple expansion and a 4.3% dividend yield. seekingalpha.com - 3 weeks ago
8. Profile Summary

Alexandria Real Estate Equities, Inc. ARE

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COUNTRY US
INDUSTRY REIT - Office
MARKET CAP $ 18.5 B
Dividend Yield 1.11%
Description Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® urban office real estate investment trust ("REIT"), is the first, longest-tenured, and pioneering owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million square feet ("SF"). The asset base in North America includes 31.9 million RSF of operating properties and 3.3 million RSF of Class A properties undergoing construction, 7.1 million RSF of near-term and intermediate-term development and redevelopment projects, and 7.4 million SF of future development projects. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, technology, and agtech campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, technology, and agtech companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.
Contact 26 North Euclid Avenue, Pasadena, CA, 91101 https://www.are.com
IPO Date May 28, 1997
Employees 568
Officers Mr. Lawrence J. Diamond Co-Chief Operating Officer & Regional Market Director of Maryland Mr. Gregory C. Thomas Chief Technology Officer Mr. Peter M. Moglia Chief Executive Officer & Chief Investment Officer Mr. Daniel J. Ryan Co-President & Regional Market Director of San Diego Mr. Dean A. Shigenaga CPA Strategic Consultant Mr. Joseph Hakman Co-Chief Operating Officer & Chief Strategic Transactions Officer Mr. Andres R. Gavinet CPA Chief Accounting Officer Mr. Joel S. Marcus CPA, J.D. Founder & Executive Chairman Mr. Hunter L. Kass Co-President & Regional Market Director of Greater Boston Mr. Vincent R. Ciruzzi Jr. Chief Development Officer