NYSE: ARE
Alexandria Real Estate Equities, Inc.
Real Estate · REIT - Office
Pre-market: $48.10(-0.08%) · as of 4:51 AM ET
Market Cap
$8.39B
52w High
$88.24
52w Low
$39.41
P/E
-8.64
Volume
1.20M
Outstanding Shares
174.27M
Performance
Return analysis
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 35.39% over the last year. Revenue declined 2.06% over the trailing twelve months. Operating margin moved from 21.4% to -45.72%. Free cash flow declined 38.29% over the trailing twelve months.
What the market seems to be pricing
The market is reacting to weaker business momentum more than just compressing the valuation multiple. Even if the shares already screen cheap on P/FCF, investors are still discounting lower future earnings power.
What would invalidate this read
Operating margin stands at -45.72%. Revenue declined 2.06% — this read reverses if that trend stabilizes. Free cash flow fell 38.29% — a return toward positive territory would undermine the deterioration thesis. If margins and cash flow stabilize while the stock stays depressed, the gap shifts from fundamental damage toward pure multiple compression.
Company profile
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® real estate investment trust, stands as the pioneering and most seasoned entity in the specialized domain of urban office properties.
Valuation
Stock splits
Every 1 shares became 100
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
9
Buy
14
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 26, 2026
Q4 FY26 · EPS est $0.01 · Revenue est $501.2M
View
Dividends
$3.48/shareQuarterlySafeARE pays a dividend with a 7.23% dividend yield, covered 1.6× by free cash flow.
Dividend Yield
7.23%
Annual Div / Share
$3.48
5yr CAGR
-4.41%
Dividend has been cut
FCF Coverage
1.6×
Safe
Dividend Growth Rate
3yr CAGR
-10.41%
5yr CAGR
-4.41%
10yr CAGR
+1.03%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$6/mo
In 5 yrs
$6/mo
In 10 yrs
$6/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$72/yr $6/mo | $72/yr $6/mo | $72/yr $6/mo |
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 1.6× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
Dividend has been reduced
The 5-year dividend CAGR of -4.41% is negative, indicating the payout has been cut over this period.