Shares of Real Estate sector company Alexandria Real Estate Equities moved -1.3% today, and are now trading at a price of $98.35. The Large-Cap stock's daily volume was 1,305,389 compared to its average volume of 1,319,620. The S&P 500 index returned a -1.0% performance.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500® company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. The company is based in Pasadena and has 568 full time employees. Its market capitalization is $17,187,842,048. Alexandria Real Estate Equities currently offers its equity investors a dividend that yields 5.2% per year.
13 analysts are following Alexandria Real Estate Equities and have set target prices ranging from $110.0 to $144.0 per share. On average, they have given the company a rating of buy. At today's prices, ARE is trading -18.41% away from its average analyst target price of $120.54 per share.
Over the last year, ARE shares have gone down by -23.9%, which represents a difference of -49.8% when compared to the S&P 500. The stock's 52 week high is $131.36 per share and its 52 week low is $97.14. Alexandria Real Estate Equities has averaged free cash flows of $-1056760666.7 over the last 5 years, with a mean growth rate of -38.0%. It is likely that the stock will keep following its current negative performance trend while the underlying business is experiencing such poor cash flows.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,630,550 | 3,418,296 | -1,787,746 | 11.19 |
| 2022 | 1,294,321 | 3,307,313 | -2,012,992 | -86.45 |
| 2021 | 1,010,197 | 2,089,849 | -1,079,652 | -91.88 |
| 2020 | 882,510 | 1,445,171 | -562,661 | -4.06 |
| 2019 | 683,857 | 1,224,541 | -540,684 | -51.52 |
| 2018 | 570,339 | 927,168 | -356,829 |
