Jefferies Financial Group Cuts Alexandria Real Estate Equities (NYSE:ARE) Price Target to $46.00

by · The Markets Daily

Alexandria Real Estate Equities (NYSE:ARE – Free Report) had its target price reduced by Jefferies Financial Group from $47.00 to $46.00 in a report released on Thursday morning. Jefferies Financial Group currently has a hold rating on the real estate investment trust’s stock.

Other equities research analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Morgan Stanley reissued an “underweight” rating and issued a $53.00 price target on shares of Alexandria Real Estate Equities in a research note on Thursday, June 11th. Evercore restated an “outperform” rating and issued a $59.00 price objective on shares of Alexandria Real Estate Equities in a report on Monday, September 21st. Robert W. Baird lifted their price objective on Alexandria Real Estate Equities from $46.00 to $52.00 and gave the company a “neutral” rating in a research report on Monday, August 24th. Finally, Mizuho decreased their target price on Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating for the company in a research report on Monday, July 6th. Two investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $53.38.

Read Our Latest Stock Analysis on ARE

Alexandria Real Estate Equities Price Performance

ARE opened at $49.95 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.19 and a current ratio of 0.19. The stock has a market capitalization of $8.70 billion, a PE ratio of -8.24 and a beta of 1.15. The stock’s 50 day moving average price is $51.27 and its 200-day moving average price is $49.37. Alexandria Real Estate Equities has a 52-week low of $39.41 and a 52-week high of $85.37.

Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). The business had revenue of $662.78 million during the quarter, compared to analysts’ expectations of $464.86 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.The business’s revenue was down 13.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, equities research analysts predict that Alexandria Real Estate Equities will post 6.39 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Wednesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -47.52%.

Insider Activity at Alexandria Real Estate Equities

In related news, EVP Kristina Fukuzaki-Carlson sold 16,810 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $50.51, for a total transaction of $849,073.10. Following the sale, the executive vice president owned 39,152 shares of the company’s stock, valued at $1,977,567.52. The trade was a 30.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Joel S. Marcus acquired 5,000 shares of the business’s stock in a transaction on Friday, September 11th. The stock was acquired at an average price of $49.68 per share, for a total transaction of $248,400.00. Following the acquisition, the chairman owned 597,724 shares of the company’s stock, valued at approximately $29,694,928.32. This trade represents a 0.84% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.35% of the stock is currently owned by corporate insiders.

Institutional Trading of Alexandria Real Estate Equities

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in Alexandria Real Estate Equities during the 2nd quarter valued at approximately $1,146,423,000. Norges Bank bought a new stake in Alexandria Real Estate Equities in the fourth quarter worth $805,429,000. Bank of New York Mellon Corp purchased a new stake in shares of Alexandria Real Estate Equities in the second quarter worth $79,253,000. Legal & General Group Plc purchased a new stake in shares of Alexandria Real Estate Equities in the second quarter worth $76,647,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Alexandria Real Estate Equities by 52.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,582,387 shares of the real estate investment trust’s stock valued at $175,322,000 after acquiring an additional 1,236,781 shares in the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Key Stories Impacting Alexandria Real Estate Equities

Here are the key news stories impacting Alexandria Real Estate Equities this week:

  • Positive Sentiment: Alexandria secured Cambridge’s largest office lease of the year, providing evidence of continued demand for high-quality life-science and office space in one of the company’s key markets. Alexandria Lands Cambridge’s Largest Office Lease Of The Year
  • Positive Sentiment: The company and its operating partnership entered into a fourth amended credit agreement providing a $5 billion unsecured senior revolving credit facility. The expanded or renewed liquidity should improve financial flexibility and help support debt management, though borrowing costs and leverage remain important risks. Fourth Amended Credit Agreement
  • Neutral Sentiment: Alexandria proposed converting Moderna’s former Cambridge headquarters into affordable housing. The plan could support asset value and community relations, but it is still a proposal and may not have a near-term effect on earnings. Affordable Housing Proposal
  • Negative Sentiment: JPMorgan downgraded Alexandria from “neutral” to “underweight,” citing a less favorable risk-reward outlook, while Jefferies cut its price target to $46 from $47 and maintained a “hold” rating. The analyst actions increased selling pressure despite JPMorgan’s $56 target remaining above the recent share price. JPMorgan Downgrade Jefferies Price Target Reduction
  • Negative Sentiment: The broader investment case remains constrained by declining occupancy and same-store NOI, elevated leverage near 7.0x, and concerns about office-sector fundamentals. Alexandria’s high dividend yield and low valuation provide support, but investors continue to wait for clearer operating improvement and deleveraging. Alexandria Real Estate Investment Analysis

Alexandria Real Estate Equities Company Profile

(Get Free Report)

Alexandria Real Estate Equities, Inc (NYSE:ARE) is a real estate investment trust that owns, operates and develops collaborative life science, agtech and advanced technology campuses. The company provides specialized laboratory, research and office space designed to support organizations working in biotechnology, pharmaceuticals, medical devices, diagnostics, agriculture and related technology fields.

Founded in 1994, Alexandria focuses on properties located in established innovation clusters, where its campuses bring together research institutions, universities, hospitals, government agencies, start-ups and established companies.

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