Alexandria Real Estate Equities ARE

$42.65 +2.02 (4.97%)

Valuation

Market cap
7,079,696,000
Revenue TTM
$3,026,560,000
Net income TTM
$-1,429,570,000
PE ratio
5.31
Forward PE
6.51
Profit margin
-47.23%
Debt to equity
0.67

Trading

Volume
3,130,900
Avg volume
2,049,056
Day's range
$40.77 – $43.01
Shares out
174,248,000
Stochastic %K
46%
Beta
1.16
Analysts
Hold
Price target
$51.40

Price

Company profile

Alexandria Real Estate Equities, Inc., an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. With our founding in 1994, Alexandria pioneered the life science real estate niche. Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative Megacampus™ ecosystems in AAA life science and advanced technology innovatio...

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Alexandria Real Estate Equities, Inc., an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. With our founding in 1994, Alexandria pioneered the life science real estate niche. Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative Megacampus™ ecosystems in AAA life science and advanced technology innovation cluster locations, including Greater Boston, San Diego, the San Francisco Bay Area, Seattle, Maryland, Research Triangle, and New York City. Alexandria Real Estate Equities, Inc. was established in 1994 and was incorporated in Maryland.

Industry
REIT - Office
Sector
Real Estate
Phone
626 578 0777
Website
https://www.are.com
Address
26 North Euclid Avenue, Pasadena, United States

Latest news

Stocktwits

EliasTrader87 Oct 20, 7:09 PM
$ARE Sold out the position. It's never wrong to take a quick profit😉
0 replies
Daniel3303 Oct 20, 7:04 PM
$ARE seems like sellers finally got exhausted
0 replies
EliasTrader87 Oct 20, 2:26 PM
$ARE I'm taking a 4% profit. An angry bird in the hand is worth two happy birds in the bush 😉
1 replies
StockFactz Oct 19, 8:27 PM
$ARE I would also want to bring up an old part of my thesis where some of their oversupply can be pivoted to advanced technology use cases. The demand for those spaces seems to be quite high in hubs. Let's hypothetically model a scenario where current biotech occupancy stays the same but advanced technology absorbs 6% of the space but at a depressed rent spread, let's say -25%. When we factor in reduced capex and other maintence fees from advanced tech compared to biotech, we can calculate the final rent spread is actually probably closer to -10-15%, let's just take 15%. 15% of 6% of the properties is about a 1% decline overall for occupancy to recover to 93% with no changes in biotech occupancy. This places the valuation of the overall stock at close to $72. We took a lot of assumptions here so if you want to assume that FFO takes a hit due to reduced growth expectations then we can reduce it to ~$65. That's what I would consider a base case for 1 year. Bull case is much higher
0 replies
StockFactz Oct 19, 8:21 PM
$ARE Modeling for a catastrophic additional 25% rent decline across all of the properties but at a 93% occupancy rate still means this should be at around $50-55 depending on how you estimate P/FFO. Seems we're at a very low point of a cycle. I'm assuming 93% occupancy rate as that is a sustainable level for a REIT to be at if it is going to survive and grow long term. It's also the level thats close to a full recovery of previous occupancy levels. Question is if you think we will ever reach 93% occupancy again, which I feel the answer to that is very obviously yes even if it take 1-2 years. The next question is if you think in 1-2 years when the occupancy recovers where the rent will be relative to now (not relative to it's peak but at it's current point where it's already declined so much) - With -10% rent spread it would be valued around $64 - 0% change in rent spread would be $72 - +10% change in rent spread would be $80
0 replies
StockFactz Oct 19, 7:47 PM
$ARE This reminds me a lot of 2008 even though there are a lot of obvious differences Cheap borrowing / good economic conditions -> Overbuilding / oversupply -> Buying remains high, property overvalued by 2X -> Economic conditions contract -> Leasing/sales crater due to over leverage -> property gets valued at 50% of it's actual value -> Scalp and profit??
0 replies
StockFactz Oct 19, 7:36 PM
$ARE I thought this looked cheap at $60, thank god I didn't start buying until below $50, this sh*t is getting cooked!
0 replies
StockFactz Oct 19, 7:34 PM
$ARE Wtf?? The market has lost its damn mind
0 replies