Alexandria Real Estate Equities Inc. (NYSE: ARE) kicked off on Tuesday, up 1.28% from the previous trading day, before settling in for the closing price of $118.25. Over the past 52 weeks, ARE has traded in a range of $90.73-$135.45.
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Annual sales at Real Estate sector company grew by 16.91% over the past five years. While this was happening, its average annual earnings per share was recorded 456.33%. With a float of $172.89 million, this company’s outstanding shares have now reached $174.93 million.
Let’s look at the performance matrix of the company that is accounted for 568 employees. In terms of profitability, gross margin is 25.76%, operating margin of 45.2%, and the pretax margin is 25.59%.
Alexandria Real Estate Equities Inc. (ARE) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the REIT – Office Industry. The insider ownership of Alexandria Real Estate Equities Inc. is 1.16%, while institutional ownership is 95.85%. The most recent insider transaction that took place on Jun 05 ’24, was worth 636,000. In this transaction 10% Owner of this company sold 150,000 shares at a rate of $4.24, taking the stock ownership to the 5,855,077 shares. Before that another transaction happened on Jun 04 ’24, when Company’s 10% Owner sold 150,000 for $4.21, making the entire transaction worth $631,500. This insider now owns 6,005,077 shares in total.
Alexandria Real Estate Equities Inc. (ARE) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.13 earnings per share (EPS), lower than consensus estimate (set at 1.14) by -1.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.9 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 456.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.92% during the next five years compared to -31.25% drop over the previous five years of trading.
Alexandria Real Estate Equities Inc. (NYSE: ARE) Trading Performance Indicators
Take a look at Alexandria Real Estate Equities Inc.’s (ARE) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.97. Likewise, its price to free cash flow for the trailing twelve months is 13.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.81, a number that is poised to hit 0.88 in the next quarter and is forecasted to reach 3.56 in one year’s time.
Technical Analysis of Alexandria Real Estate Equities Inc. (ARE)
Alexandria Real Estate Equities Inc. (NYSE: ARE) saw its 5-day average volume 0.81 million, a negative change from its year-to-date volume of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 46.57%. Additionally, its Average True Range was 2.60.
During the past 100 days, Alexandria Real Estate Equities Inc.’s (ARE) raw stochastic average was set at 51.79%, which indicates a significant decrease from 61.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.96% in the past 14 days, which was lower than the 25.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $118.19, while its 200-day Moving Average is $120.40. Nevertheless, the first resistance level for the watch stands at $120.68 in the near term. At $121.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $122.80. If the price goes on to break the first support level at $118.56, it is likely to go to the next support level at $117.36. The third support level lies at $116.44 if the price breaches the second support level.
Alexandria Real Estate Equities Inc. (NYSE: ARE) Key Stats
The company with the Market Capitalisation of 20.95 billion has total of 174,883K Shares Outstanding. Its annual sales at the moment are 2,886 M in contrast with the sum of 103,640 K annual income. Company’s last quarter sales were recorded 766,730 K and last quarter income was 46,700 K.
