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

EQUITY | REIT - Office | New York Stock Exchange

Last Closing

USD 119.65

Change

+0.16 (+0.13)%

Market Cap

USD 8.74B

Volume

0.88M

Analyst Target

USD 187.94
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Alexandria Real Estate Equities Inc is a real estate investment trust. The Company is engaged in science-driven cluster formation through ownership, operation, management & selective redevelopment & development of properties in office/laboratory space.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-24 )

Largest Industry Peers for REIT - Office

Symbol Name Price(Change) Market Cap
BXP Boston Properties Inc

+0.71 (+1.18%)

USD 9.63B
VNO-PL Vornado Realty Trust

+0.26 (+1.69%)

USD 8.54B
VNO-PM Vornado Realty Trust

+0.05 (+0.33%)

USD 8.45B
SLG-PI SL Green Realty Corp

+0.31 (+1.39%)

USD 6.43B
VNO Vornado Realty Trust

+0.05 (+0.19%)

USD 5.67B
KRC Kilroy Realty Corp

-0.34 (-0.99%)

USD 4.04B
EQC-PD Equity Commonwealth

-0.02 (-0.08%)

USD 3.74B
CUZ Cousins Properties Incorporate..

-0.15 (-0.64%)

USD 3.43B
SLG SL Green Realty Corp

-0.64 (-1.23%)

USD 3.23B
CDP COPT Defense Properties

+0.08 (+0.33%)

USD 2.65B

ETFs Containing ARE

RITA ETF Series Solutions - ET.. 4.41 % 0.00 %

+0.20 (+1.07%)

USD 6.17M
WTRE:XETRA WisdomTree New Economy Re.. 3.84 % 0.00 %

+0.32 (+1.07%)

USD 2.55M
WTER:XETRA WisdomTree New Economy Re.. 3.84 % 0.00 %

+0.29 (+1.07%)

USD 2.33M
WTRE WisdomTree New Economy Re.. 3.76 % 0.00 %

+0.20 (+1.07%)

USD 0.02B
WNER:LSE WisdomTree New Economy Re.. 3.76 % 0.00 %

+0.43 (+1.07%)

USD 2.48M
WTNR:LSE WisdomTree New Economy Re.. 3.76 % 0.00 %

+27.60 (+1.07%)

USD 2.48M
WNEW:LSE WisdomTree New Economy Re.. 3.76 % 0.00 %

+26.50 (+1.07%)

USD 0.82M
WTRE:LSE WisdomTree New Economy Re.. 3.76 % 0.00 %

+0.44 (+1.07%)

USD 1.65M
RENT:AU 3.18 % 0.00 %

N/A

N/A
ASRM:XETRA BNP Paribas Easy FTSE EPR.. 1.72 % 0.00 %

+0.11 (+1.07%)

USD 0.04B
GRCTB:PA BNP Paribas Easy FTSE EPR.. 1.72 % 0.00 %

+0.09 (+1.07%)

N/A
RIET Hoya Capital High Dividen.. 1.67 % 0.00 %

N/A

USD 0.06B
CDZ:CA iShares S&P/TSX Canadian .. 0.00 % 0.66 %

+0.14 (+1.07%)

CAD 0.86B
ZIN:CA BMO S&P/TSX Equal Weight .. 0.00 % 0.59 %

+0.44 (+1.07%)

CAD 0.05B
HGR:CA Harvest Global REIT Leade.. 0.00 % 2.68 %

+0.03 (+1.07%)

CAD 0.02B
1659:TSE iShares US REIT ETF 0.00 % 0.00 %

N/A

USD 10.28B
CGRE:CA CI Global REIT Private Po.. 0.00 % 0.00 %

N/A

CAD 0.10B
GBLD Invesco MSCI Green Buildi.. 0.00 % 0.00 %

+0.16 (+1.07%)

USD 5.51M

Market Performance

  Market Performance vs. Industry/Classification (REIT - Office) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -5.62% 52% F 22% F
Dividend Return 1.00% 25% F 49% F
Total Return -4.61% 55% F 22% F
Trailing 12 Months  
Capital Gain -0.32% 28% F 35% F
Dividend Return 4.18% 27% F 61% D-
Total Return 3.87% 24% F 35% F
Trailing 5 Years  
Capital Gain -16.52% 100% F 30% F
Dividend Return 15.84% 58% F 61% D-
Total Return -0.68% 100% F 29% F
Average Annual (5 Year Horizon)  
Capital Gain -4.14% 77% C+ 22% F
Dividend Return -1.39% 77% C+ 21% F
Total Return 2.75% 21% F 57% F
Risk Return Profile  
Volatility (Standard Deviation) 20.71% 63% D 55% F
Risk Adjusted Return -6.72% 70% C- 23% F
Market Capitalization 8.74B 100% F 90% A-

Key Financial Ratios

  Ratio vs. Industry/Classification (REIT - Office) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 110.64 26% 5%
Price/Book Ratio 1.15 32% 65%
Price / Cash Flow Ratio 12.82 27% 29%
Price/Free Cash Flow Ratio 22.36 16% 11%
Management Effectiveness  
Return on Equity 1.67% 70% 32%
Return on Invested Capital 3.73% 77% 38%
Return on Assets 1.29% 57% 37%
Debt to Equity Ratio 60.72% 90% 55%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

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:
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.

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.

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.

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.

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 Revenue Growth

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

What to not like:
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 compared to book value

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

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.