ARE Alexandria Real Estate Equities
$41.20
▼ 2.7%Updated Oct 16, 2:25 PM ET
Report Card
ARE at a glance — five pillars scored 0–100 from real filed financials.
How the 0–100 rating is calculatedOverall: 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.
Price — Past Year
▼ Down 28.0% in the year to Jul 6, 2026
Key Metrics
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
Business Overview
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 (Educational)
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 $41.20, 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 (~5.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. In the month to Jul 6, 2026, ARE found buyers near $48.86 (support) and sellers near $56.20 (resistance); its 52-week range then was $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. The indicators were last computed on Jul 6, 2026; the price is current.
Revenue Growth
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?
Profitability
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.
Debt Analysis
Total Debt
$12.81B
Net Debt
$12.34B
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 $12.81B of total debt against $470.45M of cash.
Cash Flow Analysis
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.
Dividend Safety
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
What to look for in a dividend stockThe 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.
Valuation Analysis
P/E
—
P/S
2.99x
P/B
0.44x
EV / EBITDA
—
ARE trades at n/a trailing earnings, 3.0x sales, and 0.4x book value. With no positive trailing earnings, value it on sales, cash flow, or growth rather than P/E.
Metrics vs. Sector Range
Where ARE sits versus the Real Estate companies we cover.
Bands show the middle half (25th–75th percentile) of the 33 Real Estate companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
Sector Peer Comparison
How ARE stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.
Among the 33 rated Real Estate companies we cover, ARE ranks #32 by our overall rating.
P/E vs sector
—
median 29.9x
ROE vs sector
-6.5%
median 8.0%
Growth vs sector
-9.5%
median 5.3%
Sector rank
#32
of 33 rated
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, preferring ones with full data. Sector medians and rank use the 33 rated companies among the 41 Real Estate stocks we cover. Educational, not a recommendation.
5-Year Projection Model
Project revenue → earnings → price. Edit the assumptions to build your own case.
What drives this projection, and its limits2030 scenario price range (Base Case)
$5.68 – $9.47
vs. $41.20 today · implied 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 | $0.42 | $0.43 | $0.45 | $0.46 | $0.47 |
| Share price (low) | $5.05 | $5.20 | $5.35 | $5.51 | $5.68 |
| Share price (high) | $8.41 | $8.66 | $8.92 | $9.19 | $9.47 |
| CAGR (low–high) | -88% / -80% | -64% / -54% | -49% / -40% | -40% / -31% | -33% / -25% |
Educational scenario model, not a forecast or investment advice. It starts from the latest annual revenue in SEC filings. By default, growth is trailing revenue growth (held between 3% and 45% a year), the net margin is the latest one (held between 3% and 50%, so a loss-making company is modeled with a small profit), and the Base case P/E runs from 60% to 100% of today's. Carrying recent growth forward five years can miss badly in either direction. Outputs are only as good as the assumptions. Growth, margin or P/E data is missing for this stock, so some starting values above are placeholders rather than measurements.
Bull Case
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.
Bear Case
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).
Key Risks
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.
Investment Thesis
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 (September 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more cautious over the last three months (-15 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. How to read a 10-K
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 starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. 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.