Alexandria Real Estate Equities, Inc. (ARE)

Last Closing Price: 117.30 (2024-04-25)

Company Description

Alexandria Real Estate Equities, Inc. is a urban office real estate investment trust (REIT) with particular focus on collaborative life science, agtech and technology campuses. The company believe in the utmost professionalism, humility, and teamwork. The companies tenants include multinational pharmaceutical companies; public and private biotechnology companies; life science product, service, and medical device companies; digital health, technology, and agtech companies; academic and medical research institutions; U.S. government research agencies; non-profit organizations; and venture capital firms. Alexandria also provides strategic capital to transformative life science, agtech, and technology campuses through our venture capital platform. The company believe these advantages result in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $2.89B
Net Income (Most Recent Fiscal Year) $103.64M
PE Ratio (Current Year Earnings Estimate) 12.65
PE Ratio (Trailing 12 Months) 13.10
PEG Ratio (Long Term Growth Estimate) 2.74
Price to Sales Ratio (Trailing 12 Months) 7.08
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 0.92
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 18.68
Pre-Tax Margin (Trailing 12 Months) 3.39%
Net Margin (Trailing 12 Months) 6.65%
Return on Equity (Trailing 12 Months) 0.87%
Return on Assets (Trailing 12 Months) 0.53%
Current Ratio (Most Recent Fiscal Quarter) 0.30
Quick Ratio (Most Recent Fiscal Quarter) 0.26
Debt to Common Equity (Most Recent Fiscal Quarter) 0.54
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $130.03
Earnings per Share (Most Recent Fiscal Quarter) $2.35
Earnings per Share (Most Recent Fiscal Year) $8.97
Diluted Earnings per Share (Trailing 12 Months) $1.07
Stock
Exchange NYSE
Sector Real Estate
Industry REIT - Office
Common Shares Outstanding 174.88M
Free Float 172.87M
Market Capitalization $20.92B
Average Volume (Last 20 Days) 0.73M
Beta (Past 60 Months) 1.05
Percentage Held By Insiders (Latest Annual Proxy Report) 1.15%
Percentage Held By Institutions (Latest 13F Reports) 96.54%
Annual Dividend (Based on Last Quarter) $5.08
Dividend Yield (Based on Last Quarter) 4.25%