Headlines about Alexandria Real Estate Equities (NYSE:ARE) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Alexandria Real Estate Equities earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.1570216095997 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s rankings:
- Thomas J. Andrews Sells 5,000 Shares of Alexandria Real Estate Equities, Inc. (ARE) Stock (americanbankingnews.com)
- Alexandria Real Estate Equities, Inc. Recognized for Leadership in Sustainability, One of Its Core Pillars, Earning GRESB Green Star and #1 Ranking in the U.S. in Health & Well-Being Module (finance.yahoo.com)
- Alexandria Real Estate Equities, Inc. breached its 50 day moving average in a Bearish Manner : ARE-US : September 13, 2017 (finance.yahoo.com)
- Alexandria Real Estate Equities, Inc. Continues to Enhance Its Critical Support of the U.S. Military with Creation of New Headquarters for The Honor Foundation in San Diego, in Partnership with the Navy SEAL Foundation (finance.yahoo.com)
- Zacks: Analysts Expect Alexandria Real Estate Equities, Inc. (ARE) to Post $1.50 EPS (americanbankingnews.com)
Alexandria Real Estate Equities (NYSE:ARE) opened at 119.44 on Thursday. The stock’s 50 day moving average price is $120.55 and its 200 day moving average price is $117.17. Alexandria Real Estate Equities has a 12-month low of $101.51 and a 12-month high of $123.89. The company has a market cap of $11.18 billion, a PE ratio of 269.62 and a beta of 0.87.
Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings results on Monday, July 31st. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.50. Alexandria Real Estate Equities had a return on equity of 3.11% and a net margin of 9.45%. The firm had revenue of $273.10 million during the quarter, compared to analyst estimates of $277.40 million. During the same quarter in the previous year, the company posted $1.36 earnings per share. The company’s revenue was up 20.8% compared to the same quarter last year. Equities research analysts anticipate that Alexandria Real Estate Equities will post $1.47 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.86 per share. This represents a $3.44 annualized dividend and a yield of 2.88%. The ex-dividend date is Thursday, September 28th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently 860.02%.
A number of equities analysts have issued reports on the company. BidaskClub upgraded Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Wednesday, August 16th. Zacks Investment Research upgraded Alexandria Real Estate Equities from a “hold” rating to a “buy” rating and set a $136.00 target price on the stock in a report on Tuesday, July 18th. Finally, Barclays PLC raised their target price on Alexandria Real Estate Equities from $129.00 to $130.00 and gave the stock an “overweight” rating in a report on Tuesday, July 18th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $128.25.
WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Alexandria Real Estate Equities (ARE) Stock Price” was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this report on another website, it was illegally copied and republished in violation of U.S. and international copyright law. The original version of this report can be accessed at https://www.dispatchtribunal.com/2017/09/14/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-alexandria-real-estate-equities-are-stock-price.html.
In other news, CEO Joel S. Marcus sold 13,893 shares of Alexandria Real Estate Equities stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $121.22, for a total value of $1,684,109.46. Following the transaction, the chief executive officer now owns 705,829 shares in the company, valued at $85,560,591.38. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Peter M. Moglia sold 2,000 shares of Alexandria Real Estate Equities stock in a transaction dated Friday, June 16th. The stock was sold at an average price of $119.00, for a total value of $238,000.00. Following the completion of the transaction, the insider now owns 87,867 shares in the company, valued at approximately $10,456,173. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 50,893 shares of company stock valued at $6,147,779. Corporate insiders own 1.60% of the company’s stock.
About Alexandria Real Estate Equities
Alexandria Real Estate Equities, Inc is a real estate investment (REIT). The Company is engaged in the business of providing space for lease to the life science and technology industries. It focuses on collaborative life science and technology campuses. It develops urban cluster campuses and ecosystems.
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