Somewhat Positive Press Coverage Somewhat Unlikely to Impact Alexandria Real Estate Equities (ARE) Stock Price

Media headlines about Alexandria Real Estate Equities (NYSE:ARE) have been trending somewhat positive recently, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Alexandria Real Estate Equities earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 46.08109993653 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:

Alexandria Real Estate Equities (ARE) traded up $0.95 during trading hours on Friday, hitting $132.84. The company’s stock had a trading volume of 1,293,779 shares, compared to its average volume of 728,040. The stock has a market capitalization of $12,730.00, a P/E ratio of 22.19 and a beta of 0.84. Alexandria Real Estate Equities has a 12-month low of $106.34 and a 12-month high of $133.00. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.83.

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

The business also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be given a dividend of $0.90 per share. The ex-dividend date is Thursday, December 28th. This represents a $3.60 annualized dividend and a dividend yield of 2.71%. This is an increase from Alexandria Real Estate Equities’s previous quarterly dividend of $0.86. Alexandria Real Estate Equities’s dividend payout ratio is currently 390.91%.

Several equities analysts recently commented on the company. Canaccord Genuity reiterated a “buy” rating and issued a $20.37 price objective on shares of Alexandria Real Estate Equities in a research note on Monday. Bank of America upgraded Alexandria Real Estate Equities from a “neutral” rating to a “buy” rating and set a $133.00 price objective on the stock in a research note on Monday, December 4th. Zacks Investment Research upgraded Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Mizuho restated a “buy” rating and set a $140.00 target price on shares of Alexandria Real Estate Equities in a research report on Wednesday, November 1st. Finally, National Bank Financial downgraded Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from $20.00 to $18.00 in a research report on Monday, October 23rd. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $99.91.

In other news, CEO Joel S. Marcus sold 13,000 shares of the company’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $126.91, for a total value of $1,649,830.00. Following the transaction, the chief executive officer now owns 651,436 shares of the company’s stock, valued at $82,673,742.76. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO Stephen Richardson sold 5,000 shares of the company’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $128.78, for a total transaction of $643,900.00. Following the completion of the transaction, the chief operating officer now directly owns 131,972 shares in the company, valued at approximately $16,995,354.16. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 87,250 shares of company stock worth $10,960,980. Company insiders own 1.60% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

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