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Saturday, December 9, 2023

The Question Is Whether To Buy Or Not To Buy Alexandria Real Estate Equities Inc. (NYSE: ARE)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Alexandria Real Estate Equities Inc. (ARE) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.36, or 0.35%, to $104.08. The Alexandria Real Estate Equities Inc. has recorded 47,619 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Alexandria Real Estate Equities, Inc. Reports: 3Q23 and YTD 3Q23 Net Income per Share – Diluted of $0.13 and $1.08, respectively; and 3Q23 and YTD 3Q23 FFO per Share – Diluted, As Adjusted, of $2.26 and $6.69, respectively.

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Stocks Info

Alexandria Real Estate Equities Inc. is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Office industry. At the end of the last regular session, the stock closed at $103.72 and fluctuated between $105.16 as its day high and $102.93 as its day low. The current market capitalization of Alexandria Real Estate Equities Inc. is $18.02B. A total of 0.9 million shares were traded on the day, compared to an average of 1.14M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, ARE has seen 2 BUY and 16 SELL insider trades, representing the acquisition of 698 and the disposition of 21,070 shares. Over the last 12 months, there were 57 BUYs and 87 SELLs from insiders. Insiders purchased 489,711 shares during that period but sold 201,967.

In the most recent transaction, ALEXANDRIA REAL ESTATE EQUITIE sold 143,450 shares of ARE for 2.31 per share on Nov 03. After the transaction, the 10% Owner now owns 5,580,077 company shares. In a previous transaction on Nov 02, ALEXANDRIA REAL ESTATE EQUITIE sold 103,808 shares at 2.32 per share. ARE shares that 10% Owner owns now total 5,723,527.

Among the insiders who sold shares, ALEXANDRIA REAL ESTATE EQUITIE disposed of 172,742 shares on Nov 01 at a per-share price of $2.36. This resulted in the 10% Owner holding 5,827,335 shares of ARE after the transaction. In another insider transaction, ALEXANDRIA REAL ESTATE EQUITIE sold 155,000 shares at $2.41 per share on Oct 31. Company shares held by the 10% Owner now total 6,000,077.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Alexandria Real Estate Equities Inc. pays an annual dividend of $4.94, resulting in a dividend yield of 4.77%, and it has a price to earnings (P/E) ratio of 74.49. ARE’s most recent ex-dividend date was 9/28/2023 when it declared a $1.24 quarterly dividend that was paid in cash on 10/13/2023. Previously, the company paid the dividend on 7/14/2023 with an ex-dividend date of 6/29/2023. The ARE stock dividend was $1.24 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for ARE in the last 3 months, the mean price target is $134.00 with high estimates of $186.00 and low estimates of $108.00. In terms of 52-week highs and lows, ARE has a high of $172.65 and a low of $90.73.

As of this writing, ARE has an earnings estimate of $0.46 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.8 per share and a lower estimate of $0.28. The company reported an EPS of $0.51 in the last quarter, which was -19.00% lower than expectations of $0.63.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ARE’s latest balance sheet shows that the firm has $361.35M in Cash & Short Term Investments as of fiscal 2021. There were $8.79B in debt and $2.66B in liabilities at the time. Its Book Value Per Share was $108.94, while its Total Shareholder’s Equity was $19.03B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARE is Buy with a score of 4.75.

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