ARE:NYE-Alexandria Real Estate Equities, Inc (USD)

COMMON STOCK | REIT-Office | NYE

Last Closing Price

USD 179.88

Change

+0.64 (+0.36)%

Market Cap

USD 26.44B

Volume

0.62M

Average Target Price

USD 194.00 (+7.85%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-21 )

Largest Industry Peers for REIT-Office

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
DLR Digital Realty Trust, Inc

-0.12 (-0.08%)

USD42.43B 150.94 26.92
DLR-PK Digital Realty Trust, Inc

-0.01 (-0.04%)

USD29.32B 28.22 N/A
DLR-PJ Digital Realty Trust, Inc

+0.12 (+0.46%)

USD28.68B 26.75 N/A
DLR-PG Digital Realty Trust, Inc

N/A

USD26.86B 10.33 N/A
DLR-PI Digital Realty Trust, Inc

N/A

USD25.83B 10.60 N/A
DLR-PC Digital Realty Trust, Inc

N/A

USD25.18B 25.20 N/A
BXP-PB Boston Properties, Inc

N/A

USD23.80B 4.54 N/A
BXP Boston Properties, Inc

+1.27 (+1.20%)

USD16.56B 19.16 13.33
VNO-PM Vornado Realty Trust

+0.19 (+0.72%)

USD14.89B 92.68 N/A
VNO-PL Vornado Realty Trust

+0.16 (+0.64%)

USD14.20B 89.86 N/A

ETFs Containing ARE

Symbol Name Weight Mer Price(Change) Market Cap
EWRE Invesco S&P 500 Equal Wei.. 0.00 % 0.40 %

+0.32 (+0.94%)

USD0.03B
DPYG:LSE iShares Developed Markets.. 0.00 % 0.64 %

+0.02 (+0.31%)

USD0.03B
IUSP:XETRA iShares US Property Yield.. 0.00 % 0.50 %

-0.05 (-0.11%)

USD0.63B
IQQ7:XETRA iShares US Property Yield.. 0.00 % 0.40 %

+0.18 (+0.71%)

USD0.69B
IQQ6:XETRA iShares Developed Markets.. 0.00 % 0.59 %

+0.07 (+0.31%)

USD2.12B
H4ZL:XETRA HSBC FTSE EPRA NAREIT Dev.. 0.00 % 0.40 %

+0.08 (+0.38%)

USD0.18B
10AJ:XETRA Amundi Index Solutions - .. 0.00 % 0.00 %

+0.22 (+0.40%)

USD0.04B
IQQ7:F iShares US Property Yield.. 0.00 % 0.40 %

+0.54 (+2.14%)

USD0.68B
IQQ6:F iShares Developed Markets.. 0.00 % 0.59 %

+0.10 (+0.44%)

USD2.10B
H4ZL:F HSBC FTSE EPRA NAREIT Dev.. 0.00 % 0.40 %

N/A

USD0.16B
10AJ:F Amundi Index Solutions - .. 0.00 % 0.00 %

+0.14 (+0.25%)

N/A
EPRA:PA Amundi Index Solutions - .. 0.00 % 0.00 %

+0.36 (+0.60%)

USD0.24B
GBRE:LSE SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

+0.12 (+0.44%)

USD0.25B
EPRA:LSE Amundi Index Solutions - .. 0.00 % 0.00 %

+19.50 (+0.37%)

USD0.24B
IUSP:LSE iShares US Property Yield.. 0.00 % 0.40 %

+15.00 (+0.68%)

USD0.63B
FFR First Trust FTSE EPRA/NAR.. 0.00 % 0.60 %

+0.32 (+0.64%)

USD0.03B
IDWP:LSE iShares Developed Markets.. 0.00 % 0.59 %

+0.12 (+0.44%)

USD2.08B
IDUP:LSE iShares US Property Yield.. 0.00 % 0.40 %

+0.12 (+0.39%)

USD0.63B
HPRO:LSE HSBC FTSE EPRA NAREIT Dev.. 0.00 % 0.40 %

+8.25 (+0.46%)

USD0.14B
HPRD:LSE HSBC FTSE EPRA NAREIT Dev.. 0.00 % 0.40 %

+0.09 (+0.34%)

USD0.18B
DPYE:LSE iShares Developed Markets.. 0.00 % 0.64 %

+0.02 (+0.34%)

USD0.03B
DPYA:LSE iShares Developed Markets.. 0.00 % 0.59 %

+0.03 (+0.48%)

USD0.15B
PPTY PPTY ? U.S. Diversified R.. 0.00 % 0.49 %

+0.27 (+0.82%)

USD0.12B
HGR:CA Harvest Global REIT Leade.. 0.00 % 0.85 %

-0.04 (-0.44%)

USD8.41M
USRT iShares Core U.S. REIT ET.. 0.00 % 0.08 %

+0.38 (+0.68%)

USD1.65B
RWR SPDR Dow Jones REIT ETF 0.00 % 0.25 %

+0.76 (+0.76%)

USD1.42B
REET iShares Global REIT ETF 0.00 % 0.14 %

+0.19 (+0.71%)

USD2.78B
GQRE FlexShares Global Quality.. 0.00 % 0.45 %

+0.21 (+0.33%)

USD0.28B
FRI First Trust S&P REIT Inde.. 0.00 % 0.50 %

+0.19 (+0.71%)

USD0.08B
1659:TSE iShares US REIT ETF 0.00 % 0.00 %

+7.00 (+0.31%)

USD10.01B

Market Performance

  Market Performance vs.
Industry/Classification (REIT-Office)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.93% 21% F 31% F
Dividend Return 0.61% 3% F 37% F
Total Return 1.54% 13% F 30% F
Trailing 12 Months  
Capital Gain 19.17% 58% F 28% F
Dividend Return 2.85% 6% F 41% F
Total Return 22.02% 55% F 27% F
Trailing 5 Years  
Capital Gain 94.05% 100% A+ 77% C+
Dividend Return 20.43% 41% F 69% D+
Total Return 114.48% 100% A+ 80% B-
Average Annual (5 Year Horizon)  
Capital Gain 11.74% 97% A+ 76% C
Dividend Return 2.99% 51% F 67% D+
Total Return 14.73% 97% A+ 79% C+
Risk Return Profile  
Volatility (Standard Deviation) 10.26% 71% C- 81% B-
Risk Adjusted Return 143.50% 100% A+ 98% A+
Market Capitalization 26.44B 91% A- 90% A-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(REIT-Office)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 29.82 50% F 27% F
Price/Book Ratio 2.22 24% F 46% F
Price / Cash Flow Ratio 29.96 14% F 12% F
EV/EBITDA 19.68 32% F 34% F
Management Effectiveness  
Return on Equity 7.01% 74% C 55% F
Return on Invested Capital 3.03% 84% B 43% F
Return on Assets 1.64% 79% C+ 44% F
Debt to Equity Ratio 63.65% 89% B+ 55% F
Technical Ratios  
Short Ratio 2.53 58% F 36% F
Short Percent 2.07% 72% C- 68% D+
Beta 0.72 73% C 74% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.