Profile
Sector:
Real EstateIndustry:
OfficeCountry:
United StatesIPO:
28 May 1997Website:
http://www.are.comNext earnings report:
29 January 2025Last dividends:
30 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:54:02 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
ARE Latest News
Investing for steady income often means giving up some potential for price growth. However, there are times when you can secure good yields while still having the chance for significant share price increases. In this article, I will discuss two strong and high-quality equity REITs that I believe the market has undervalued.
Evaluating why the 10-year Treasury rate has recently increased: Is it due to hopes for a smooth economic transition? Could the Federal Reserve be making a mistake? Or are the chances of a Trump win in the elections affecting it? These are questions that might catch the attention of investors.
Alexandria Real Estate Equities is still a great investment because of its large campuses, high occupancy levels, and strong rental income. The company has shown good earnings with an 11% increase in revenue and solid funds from operations, thanks to high leasing activity and reliable tenants. The stock is reasonably priced at 12.5 times the expected funds from operations and offers a 4.3% dividend yield, indicating potential for growth.
The unpredictability of the stock market can provide chances for value investors. This article highlights two quality stocks that are currently priced lower than their highest points in the past year. Alexandria Real Estate has a 4.5% yield and strong demand from tenants, while Plains All American offers a 7.4% yield and a well-diversified pipeline network.
Alexandria Real Estate Equities, Inc. (NYSE:ARE) will hold its Q3 2024 Results Conference Call on October 22, 2024, at 3:00 PM ET. The call will feature company representatives, including Paula Schwartz from Investor Relations and Joel Marcus, the Executive Chairman and Founder. Participants from various financial institutions will also join the call, but all attendees will be in listen-only mode.
The financial results for Alexandria Real Estate Equities (ARE) provide insight into the company's performance for the quarter ending September 2024. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
Alexandria Real Estate Equities (ARE) reported quarterly funds from operations (FFO) of $2.37 per share, which is slightly below the Zacks Consensus Estimate of $2.38 per share. This is an increase from the FFO of $2.26 per share from the same period last year.
ARE's earnings for the third quarter are expected to benefit from strong demand for its top-notch life science and lab office spaces. However, the high interest costs are a worrying factor.
Instead of just focusing on Wall Street's predictions for Alexandria Real Estate Equities (ARE), let's explore some important metrics to better understand how the company might perform in the quarter that ended in September 2024. This will give us a clearer picture of its potential.
Alexandria Real Estate's stock is currently undervalued, sitting at half of its highest price in 2021, even though the company has solid fundamentals and growth plans. By concentrating on high-quality Class A/A+ properties and large campuses, it is boosting its revenue and preparing for future rent hikes. While declining occupancy rates pose a risk, the company is working on property upgrades and choosing strategic locations to help address this concern.
What type of business is Alexandria Real Estate Equities?
Alexandria Real Estate Equities, Inc. is an investment fund in urban office real estate that deals with ownership, operation, development, and reconstruction of life science and technology properties. It also provides space for lease to life science and technology sectors, primarily located in urban innovation clusters AAA. The company was founded by Alan D. Gold, Gary A. Kreitzer, Joel S. Marcus, and Jerry M. Sudarsky in October 1994, with headquarters in Pasadena, California.
What sector is Alexandria Real Estate Equities in?
Alexandria Real Estate Equities is in the Real Estate sector
What industry is Alexandria Real Estate Equities in?
Alexandria Real Estate Equities is in the Office industry
What country is Alexandria Real Estate Equities from?
Alexandria Real Estate Equities is headquartered in United States
When did Alexandria Real Estate Equities go public?
Alexandria Real Estate Equities initial public offering (IPO) was on 28 May 1997
What is Alexandria Real Estate Equities website?
https://www.are.com
Is Alexandria Real Estate Equities in the S&P 500?
Yes, Alexandria Real Estate Equities is included in the S&P 500 index
Is Alexandria Real Estate Equities in the NASDAQ 100?
No, Alexandria Real Estate Equities is not included in the NASDAQ 100 index
Is Alexandria Real Estate Equities in the Dow Jones?
No, Alexandria Real Estate Equities is not included in the Dow Jones index
When was Alexandria Real Estate Equities the previous earnings report?
No data
When does Alexandria Real Estate Equities earnings report?
The next expected earnings date for Alexandria Real Estate Equities is 29 January 2025