Alexandria Real Estate Equities Inc (NYSE: ARE) on Monday, plunged -4.55% from the previous trading day, before settling in for the closing price of $83.8. Within the past 52 weeks, ARE’s price has moved between $67.37 and $123.10.
A company in the Real Estate sector has dropped its sales by -10.42% annually for the last half of the decade. The company achieved an average annual earnings per share of -84.32%. With a float of $170.95 million, this company’s outstanding shares have now reached $172.96 million.
Alexandria Real Estate Equities Inc (ARE) Insider and Institutional Ownership
Observing investor behavior towards REIT – Office industry stocks is more important than anything else. The insider ownership of Alexandria Real Estate Equities Inc is 1.16%, while institutional ownership is 94.81%. The most recent insider transaction that took place on Feb 27 ’25, was worth 1,073,438. Before that another transaction happened on Dec 16 ’24, when Company’s Chief Executive Officer sold 10,000 for $102.26, making the entire transaction worth $1,022,600. This insider now owns 228,727 shares in total.
Alexandria Real Estate Equities Inc (ARE) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.87 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.92) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -84.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -19.87% during the next five years compared to -10.42% drop over the previous five years of trading.
Alexandria Real Estate Equities Inc (NYSE: ARE) Trading Performance Indicators
Alexandria Real Estate Equities Inc (ARE) is currently performing well based on its current performance indicators. A quick ratio of 3.27 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.46. Likewise, its price to free cash flow for the trailing twelve months is 9.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach 1.21 in one year’s time.
Technical Analysis of Alexandria Real Estate Equities Inc (ARE)
Let’s dig in a bit further. During the last 5-days, its volume was 1.59 million. That was better than the volume of 1.56 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.14%.
During the past 100 days, Alexandria Real Estate Equities Inc’s (ARE) raw stochastic average was set at 60.48%, which indicates a significant increase from 2.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.00 in the past 14 days, which was higher than the 1.96 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.90, while its 200-day Moving Average is $84.64. However, in the short run, Alexandria Real Estate Equities Inc’s stock first resistance to watch stands at $82.94. Second resistance stands at $85.89. The third major resistance level sits at $87.48. If the price goes on to break the first support level at $78.40, it is likely to go to the next support level at $76.81. The third support level lies at $73.86 if the price breaches the second support level.
Alexandria Real Estate Equities Inc (NYSE: ARE) Key Stats
Market capitalization of the company is 13.83 billion based on 172,959K outstanding shares. Right now, sales total 3,116 M and income totals 322,950 K. The company made 762,040 K in profit during its latest quarter, and -107,000 K in sales during its previous quarter.
