Alexandria Real Estate Equities logged a -0.0% change during today's afternoon session, and is now trading at a price of $77.81 per share. The S&P 500 index moved -1.0%. ARE's trading volume is 1,807,092 compared to the stock's average volume of 1,349,345.
Alexandria Real Estate Equities trades -33.24% away from its average analyst target price of $116.54 per share. The 13 analysts following the stock have set target prices ranging from $100.0 to $144.0, and on average have given Alexandria Real Estate Equities a rating of buy.
Anyone interested in buying ARE should be aware of the facts below:
-
Alexandria Real Estate Equities's current price is 18.7% above its Graham number of $65.57, which implies that at its current valuation it does not offer a margin of safety
-
Alexandria Real Estate Equities has moved -40.0% over the last year, and the S&P 500 logged a change of -2.8%
-
Based on its trailing earnings per share of 1.8, Alexandria Real Estate Equities has a trailing 12 month Price to Earnings (P/E) ratio of 43.2 while the S&P 500 average is 29.3
-
ARE has a forward P/E ratio of 22.6 based on its forward 12 month price to earnings (EPS) of $3.44 per share
-
Its Price to Book (P/B) ratio is 0.75 compared to its sector average of 2.15
-
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.
-
Based in Pasadena, the company has 552 full time employees and a market cap of $13.46 Billion. Alexandria Real Estate Equities currently returns an annual dividend yield of 6.7%.