Market Resilience: Alexandria Real Estate Equities Inc. (ARE) Finishes Weak at 121.41, Down -3.52

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Alexandria Real Estate Equities Inc. (NYSE: ARE) closed the day trading at $121.41 down -3.52% from the previous closing price of $125.84. In other words, the price has decreased by -$3.52 from its previous closing price. On the day, 1.86 million shares were traded. ARE stock price reached its highest trading level at $125.3 during the session, while it also had its lowest trading level at $119.32.

Ratios:

For a better understanding of ARE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.27. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.72.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Deutsche Bank on January 30, 2024, initiated with a Buy rating and assigned the stock a target price of $140.

On October 11, 2023, Exane BNP Paribas started tracking the stock assigning a Neutral rating and target price of $108.

On October 03, 2023, Wedbush started tracking the stock assigning a Outperform rating and target price of $120.Wedbush initiated its Outperform rating on October 03, 2023, with a $120 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 05 ’24 when ALEXANDRIA REAL ESTATE EQUITIE sold 150,000 shares for $4.24 per share. The transaction valued at 636,000 led to the insider holds 5,855,077 shares of the business.

ALEXANDRIA REAL ESTATE EQUITIE sold 150,000 shares of ARE for $631,500 on Jun 04 ’24. The 10% Owner now owns 6,005,077 shares after completing the transaction at $4.21 per share. On Mar 13 ’24, another insider, Lee Orraparn C., who serves as the EVP – Accounting of the company, sold 3,000 shares for $126.67 each. As a result, the insider received 380,010 and left with 43,146 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARE now has a Market Capitalization of 22012725248 and an Enterprise Value of 37509054464. As of this moment, Alexandria’s Price-to-Earnings (P/E) ratio for their current fiscal year is 149.76, and their Forward P/E ratio for the next fiscal year is 31.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.06 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 12.47 whereas that against EBITDA is 20.44.

Stock Price History:

The Beta on a monthly basis for ARE is 1.16, which has changed by -0.046643138 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, ARE has reached a high of $135.45, while it has fallen to a 52-week low of $90.73. The 50-Day Moving Average of the stock is 1.71%, while the 200-Day Moving Average is calculated to be 3.59%.

Shares Statistics:

Over the past 3-months, ARE traded about 793.66K shares per day on average, while over the past 10 days, ARE traded about 1008630 shares per day. A total of 174.88M shares are outstanding, with a floating share count of 172.85M. Insiders hold about 1.16% of the company’s shares, while institutions hold 96.54% stake in the company. Shares short for ARE as of 1719532800 were 3888968 with a Short Ratio of 4.90, compared to 1717113600 on 4047167. Therefore, it implies a Short% of Shares Outstanding of 3888968 and a Short% of Float of 2.6600001.

Dividends & Splits

ARE’s forward annual dividend rate is 5.08, up from 4.96 a year ago. Against a Trailing Annual Dividend Yield of 0.039415132The stock’s 5-year Average Dividend Yield is 3.03.

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