Alexandria Real Estate Equities (ARE) Earns Daily News Sentiment Rating of 0.17

Headlines about Alexandria Real Estate Equities (NYSE:ARE) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Alexandria Real Estate Equities earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 46.4319324645187 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s scoring:

Alexandria Real Estate Equities (NYSE:ARE) traded up $1.32 during trading on Thursday, reaching $128.17. The company had a trading volume of 834,960 shares, compared to its average volume of 727,057. Alexandria Real Estate Equities has a fifty-two week low of $105.74 and a fifty-two week high of $130.46. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $12,062.36, a P/E ratio of 21.32, a price-to-earnings-growth ratio of 3.59 and a beta of 0.84.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, October 30th. The real estate investment trust reported $0.55 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.96). Alexandria Real Estate Equities had a net margin of 13.21% and a return on equity of 3.69%. The firm had revenue of $285.60 million during the quarter, compared to analysts’ expectations of $286.11 million. During the same quarter in the previous year, the company posted $1.39 EPS. Alexandria Real Estate Equities’s revenue for the quarter was up 24.0% on a year-over-year basis. equities analysts anticipate that Alexandria Real Estate Equities will post 6.02 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be paid a $0.90 dividend. This is an increase from Alexandria Real Estate Equities’s previous quarterly dividend of $0.86. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $3.60 annualized dividend and a yield of 2.81%. Alexandria Real Estate Equities’s dividend payout ratio is presently 390.91%.

Several research firms have recently issued reports on ARE. Bank of America raised Alexandria Real Estate Equities from a “neutral” rating to a “buy” rating and set a $133.00 target price for the company in a report on Monday. Zacks Investment Research raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Mizuho reaffirmed a “buy” rating and issued a $140.00 target price on shares of Alexandria Real Estate Equities in a report on Wednesday, November 1st. National Bank Financial lowered Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $20.00 to $18.00 in a report on Monday, October 23rd. Finally, Royal Bank Of Canada reaffirmed a “hold” rating on shares of Alexandria Real Estate Equities in a report on Monday, October 23rd. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Alexandria Real Estate Equities currently has a consensus rating of “Buy” and an average price target of $113.17.

In other Alexandria Real Estate Equities news, CEO Joel S. Marcus sold 25,000 shares of the stock in a transaction on Monday, September 25th. The stock was sold at an average price of $118.99, for a total transaction of $2,974,750.00. Following the sale, the chief executive officer now owns 664,436 shares in the company, valued at $79,061,239.64. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Peter M. Moglia sold 5,000 shares of the stock in a transaction on Friday, November 24th. The stock was sold at an average price of $127.13, for a total value of $635,650.00. Following the sale, the insider now owns 116,867 shares in the company, valued at approximately $14,857,301.71. The disclosure for this sale can be found here. In the last quarter, insiders sold 87,250 shares of company stock worth $10,919,130. 1.60% of the stock is owned by company insiders.

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Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc is a real estate investment (REIT). The Company is engaged in the business of providing space for lease to the life science and technology industries. It focuses on collaborative life science and technology campuses. It develops urban cluster campuses and ecosystems.

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