ARE
Alexandria Real Estate Equities
$48.61
▲ 0.3%Updated Aug 7, 11:30 AM ET
ARE at a glance — five pillars scored 0–100 from real filed financials.
Overall: Weak · 25/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▼ Down 28.0% over the last 12 months
Market Cap
$9.16B
P/E
—
Forward P/E (est.)
—
ROE
-6.5%
Revenue Growth
-9.5%
EPS Growth
—
Profit Margin
-36.3%
FCF Yield
17.0%
Debt / Equity
0.8x
ROIC
—
Interest Coverage
—
Current Ratio
—
Dividend Yield
5.5%
Implied Growth (rev. DCF)
—
Rating Score
25/100
Alexandria Real Estate Equities (ARE) is a mid-cap company in the Office REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $9.16B.
In its latest reported year it generated about $3.03B in revenue and posted a net loss of $1.43B.
Our model rates ARE Weak (25/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what ARE's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. ARE trades near $48.61, below its 50-day average ($48.73) and 200-day average ($54.98). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 49 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. ARE's is $2.04 (~4.2% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month ARE found buyers near $48.86 (support) and sellers near $56.20 (resistance); its 52-week range is $39.41–$88.24. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.9× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
9.4%
Revenue moved from $921.71M in 2016 to $3.03B in 2025, a 14.1% compound annual growth rate. The most recent year declined 9.5% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?
Gross Margin
69.3%
Operating Margin
-45.3%
Net Margin
-47.2%
ROE
-6.5%
Alexandria Real Estate Equities keeps about -36.3% of each sales dollar as net profit, with a 69.3% gross margin and -45.3% operating margin. Return on equity is -6.5%. The company is currently unprofitable on a net basis.
Total Debt
$12.52B
Net Debt
$12.10B
Net Debt / EBITDA
—
Debt / Equity
0.8x
Leverage: debt-to-equity is 0.8x. That is a moderate, manageable debt load for most businesses. It carries roughly $12.52B of total debt against $418.72M of cash.
Operating CF
$1.41B
Free Cash Flow
$1.41B
FCF Margin
46.7%
In the latest year Alexandria Real Estate Equities produced about $1.41B of operating cash flow and $1.41B of free cash flow after capital spending. That is a free-cash-flow yield of about 17.0% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The payout is comfortably covered by cash the business actually generates, with a raise habit behind it.
Dividend yield
5.5%
Per share (latest FY)
$4.68
Total paid (latest FY)
$911.45M
History on record
10 years
dividend uses 64% of free cash flow
total dividends increased 9 years in a row
no cuts in the last 10 years on record
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
—
P/S
2.99x
P/B
0.52x
EV / EBITDA
—
ARE trades at n/a trailing earnings, 3.0x sales, and 0.5x book value. With no positive trailing earnings, value it on sales, cash flow, or growth rather than P/E.
Where ARE sits versus its Real Estate sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 33 Real Estate companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How ARE stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.
In the Real Estate sector (41 S&P 500 companies), ARE ranks #32 of 41 by our overall rating.
P/E vs sector
—
median 32.4x
ROE vs sector
-6.5%
median 8.0%
Growth vs sector
-9.5%
median 5.3%
Sector rank
#32
of 41 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 41 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $48.61 today · expected CAGR -33% – -25%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $3.12B | $3.21B | $3.31B | $3.41B | $3.51B |
| Net income | $93.52M | $96.33M | $99.22M | $102.19M | $105.26M |
| EPS | $0.50 | $0.51 | $0.53 | $0.54 | $0.56 |
| Share price (low) | $5.95 | $6.13 | $6.32 | $6.51 | $6.70 |
| Share price (high) | $9.92 | $10.22 | $10.53 | $10.84 | $11.17 |
| CAGR (low–high) | -88% / -80% | -64% / -54% | -49% / -40% | -40% / -31% | -33% / -25% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for ARE:
- Healthy free-cash-flow yield (~17.0%) funds buybacks and dividends.
- Pays a 5.5% dividend on top of any price gains.
The case against ARE:
- Revenue growth is slow/negative (-9.5%), limiting the upside engine.
- Thin net margins (-36.3%) leave little room for error.
- Our model's overall read is Weak (25/100).
Growth risk — sluggish revenue (-9.5%) leaves little margin for execution missteps.
Margin risk — thin profitability (-36.3%) is vulnerable to cost or pricing pressure.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen weakly: Alexandria Real Estate Equities is a mid-cap real estate business with shrinking revenue, with modest profitability, and a heavier debt load to watch. It trades at n/a earnings, which our model scores Weak (25/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 25 Wall Street analysts covering ARE recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more cautious over the last three months (-20 pts of buy ratings).
Latest SEC Filings
ARE's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
ARE — frequently asked questions
Is ARE a good stock to buy?
We don't give buy or sell advice. Our model rates Alexandria Real Estate Equities Weak (25/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is ARE's rating on The Stocks School?
Alexandria Real Estate Equities currently scores 25/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does ARE's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Alexandria Real Estate Equities's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for ARE calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this ARE analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell ARE. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.