Alexandria Real Estate Equities, Inc. an S&P 500® urban office real estate investment trust, is the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, technology and agtech campuses in AAA innovation cluster locations. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland and Research Triangle.

Company profile
Ticker
ARE
Exchange
Website
CEO
Peter M. Moglia / Stephen A. Richardson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ALEXANDRIA REAL ESTATE EQUITIES INC
SEC CIK
Corporate docs
Subsidiaries
ARE - QRS Corp. • Alexandria Real Estate Equities, L.P. • Alexandria Venture Investments, LLC ...
IRS number
954502084
ARE stock data
News

Benzinga's Top Ratings Upgrades, Downgrades For August 2, 2022
2 Aug 22
Earnings Scheduled For July 28, 2022
28 Jul 22
Analyst Ratings for Alexandria Real Estate
27 Jul 22
JMP Securities Maintains Market Outperform on Alexandria Real Estate, Lowers Price Target to $200
27 Jul 22
Dow Drops Over 100 Points; Coca-Cola Tops Q2 Views
26 Jul 22
Press releases
Alexandria Real Estate Equities, Inc. Reports: 2Q22 and 1H22 Net Income per Share - Diluted of $1.67 and $0.74, respectively; and 2Q22 and 1H22 FFO per Share - Diluted, As Adjusted, of $2.10 and $4.15, respectively
25 Jul 22
Alexandria Real Estate Equities, Inc. Releases 2021 ESG Report Highlighting Its Leadership and Innovative Approach to Climate Resilience, Design and Operations of High-Performance Laboratory Buildings and Corporate Social Responsibility
30 Jun 22
Alexandria Real Estate Equities, Inc. Celebrates the Grand Opening of Alexandria LaunchLabs at Columbia to Accelerate the Commercialization of Novel Translational Science to Meet Significant Unmet Medical Needs
22 Jun 22
The Navy SEAL Foundation Honors Los Angeles Rams Owner/Chairman Stanley Kroenke with Patriot Award
10 Jun 22
Alexandria Real Estate Equities, Inc. Earns Fifth Consecutive and Seventh Overall Nareit Investor CARE Award for Excellence in Communications and Reporting
7 Jun 22
Analyst ratings and price targets
Current price
Average target
$185.50
Low target
$140.00
High target
$230.00
JMP Securities
Maintains
$200.00
Mizuho
Maintains
$172.00
Credit Suisse
Initiated
$140.00
RBC Capital
Maintains
$230.00
Investment data
Securities sold
Number of investors
Calendar
25 Jul 22
12 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 517.66M | 517.66M | 517.66M | 517.66M | 517.66M | |
Cash burn (monthly) | 117.5M | (no burn) | 76.17M | (no burn) | (no burn) | |
Cash used (since last report) | 169.99M | n/a | 110.19M | n/a | n/a | |
Cash remaining | 347.67M | n/a | 407.47M | n/a | n/a | |
Runway (months of cash) | 3.0 | n/a | 5.3 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Jul 22 | Richardson Stephen | Common Stock | Payment of exercise | Dispose F | No | No | 165.78 | 552 | 91.51K | 173,945 |
31 Jul 22 | Moglia Peter M | Common Stock | Payment of exercise | Dispose F | No | No | 165.78 | 533 | 88.36K | 171,233 |
29 Jul 22 | Freire Maria C | Common Stock | Sell | Dispose S | No | No | 164.59 | 289 | 47.57K | 2,711 |
28 Jul 22 | Freire Maria C | Common Stock | Sell | Dispose S | No | No | 163.04 | 2,311 | 376.79K | 3,000 |
27 Jul 22 | Jackie B. Clem | Common Stock | Sell | Dispose S | No | No | 156.6 | 794 | 124.34K | 22,824 |
15 Jul 22 | Binda Marc E | Common Stock | Payment of exercise | Dispose F | No | No | 142.81 | 1,984 | 283.34K | 55,379 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 620 |
Opened positions | 99 |
Closed positions | 70 |
Increased positions | 279 |
Reduced positions | 165 |
13F shares | Current |
---|---|
Total value | 29.83B |
Total shares | 148.37M |
Total puts | 112.7K |
Total calls | 138.3K |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 24.9M | $5.01B |
BLK Blackrock | 15.14M | $3.05B |
STT State Street | 10.37M | $2.1B |
APG Asset Management US | 6.3M | $1.27B |
PFG Principal Financial Group Inc - Registered Shares | 5.13M | $1.03B |
JPM JPMorgan Chase & Co. | 4.42M | $889M |
Parnassus Investments | 3.46M | $696.21M |
Capital World Investors | 3.21M | $647.01M |
Geode Capital Management | 3.18M | $638.92M |
Canada Pension Plan Investment Board | 2.8M | $562.62M |
Financial report summary
?Management Discussion
- We present a tabular comparison of items, whether gain or loss, that may facilitate a high-level understanding of our results and provide context for the disclosures included in our annual report on Form 10-K for the year ended December 31, 2021 and our subsequent quarterly reports on Form 10-Q. We believe that such tabular presentation promotes a better understanding for investors of the corporate-level decisions made and activities performed that significantly affect comparison of our operating results from period to period. We also believe that this tabular presentation will supplement for investors an understanding of our disclosures and real estate operating results. Gains or losses on sales of real estate and impairments of held for sale assets are related to corporate-level decisions to dispose of real estate. Gains or losses on early extinguishment of debt are related to corporate-level financing decisions focused on our capital structure strategy. Significant realized and unrealized gains or losses on non-real estate investments and impairments of real estate and non-real estate investments are not related to the operating performance of our real estate assets as they result from strategic, corporate-level non-real estate investment decisions and external market conditions. Impairments of non-real estate investments are not related to the operating performance of our real estate as they represent the write-down of non-real estate investments when their fair values decrease below their respective carrying values due to changes in general market or other conditions outside of our control. Significant items included in the tabular disclosure for current periods are described in further detail within this Item 2. Key items included in net income attributable to Alexandria’s common stockholders for the three and six months ended June 30, 2022 and 2021 and the related per share amounts were as follows (in millions, except per share amounts):
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Avg
|
New words:
anniversary, Beacon, Bell, bio, brand, career, condominium, consultant, demonstrating, Departure, electrification, employment, FTSE, George, geothermal, GMP, headcount, highlight, highlighted, hike, Hill, instrument, Kingsbury, Middle, Monte, notified, outperforming, Parkway, Richardson, Ringing, Route, Silver, size, slightly, solar, Stephen, suburban, summer, superior, tied, TSR, upper, Villa, visionary, Walkup, waste, wastewater
Removed:
accommodate, awarded, collateral, collection, compliance, developed, expand, expiring, Fitwel, Platinum, proprietary
Financial reports
Current reports
8-K
Results of Operations and Financial Condition
25 Jul 22
8-K
Departure of Directors or Certain Officers
8 Jul 22
8-K
Departure of Directors or Certain Officers
19 May 22
8-K
Results of Operations and Financial Condition
25 Apr 22
8-K
Alexandria Real Estate Equities, Inc. Elects Cynthia Feldmann to Board of Directors
25 Mar 22
8-K
Entry into a Material Definitive Agreement
16 Feb 22
8-K
Alexandria Real Estate Equities, Inc. Announces Public Offering of Senior Notes
4 Feb 22
8-K
Results of Operations and Financial Condition
31 Jan 22
8-K
Announces Underwriters’ Exercise and Closing of Option to Purchase Additional 1,050,000 Shares of Common Stock
18 Jan 22
8-K
Announces Public Offering of
7 Jan 22
Registration and prospectus
424B5
Prospectus supplement for primary offering
4 Feb 22
FWP
Free writing prospectus
2 Feb 22
424B5
Prospectus supplement for primary offering
2 Feb 22
D
$5.75M in other securities, sold $48.92K, 15 investors
18 Jan 22
D
$745K in other securities, sold $465K, 3 investors
18 Jan 22
424B5
Prospectus supplement for primary offering
6 Jan 22
424B5
Prospectus supplement for primary offering
4 Jan 22
424B5
Prospectus supplement for primary offering
3 Dec 21
424B5
Prospectus supplement for primary offering
16 Jun 21
424B5
Prospectus supplement for primary offering
14 Jun 21
Other
UPLOAD
Letter from SEC
10 Jan 22
CORRESP
Correspondence with SEC
28 Dec 21
UPLOAD
Letter from SEC
14 Dec 21
UPLOAD
Letter from SEC
21 Aug 17
CORRESP
Correspondence with SEC
10 Aug 17
UPLOAD
Letter from SEC
16 Jul 17
UPLOAD
Letter from SEC
5 Jul 16
CORRESP
Correspondence with SEC
27 Jun 16
UPLOAD
Letter from SEC
19 Jun 16
CERTNYS
Certification of approval for NYSE listing
15 Dec 15
Ownership
4
ALEXANDRIA REAL ESTATE EQUITIES / Stephen Richardson ownership change
2 Aug 22
4
ALEXANDRIA REAL ESTATE EQUITIES / Peter M Moglia ownership change
2 Aug 22
4
ALEXANDRIA REAL ESTATE EQUITIES / Maria C Freire ownership change
1 Aug 22
4
ALEXANDRIA REAL ESTATE EQUITIES / Jackie B. Clem ownership change
29 Jul 22
4
ALEXANDRIA REAL ESTATE EQUITIES / Daniel J Ryan ownership change
19 Jul 22
4
ALEXANDRIA REAL ESTATE EQUITIES / James P Cain ownership change
19 Jul 22
4
ALEXANDRIA REAL ESTATE EQUITIES / Steve Hash ownership change
19 Jul 22
4
ALEXANDRIA REAL ESTATE EQUITIES / Michael A Woronoff ownership change
19 Jul 22
4
ALEXANDRIA REAL ESTATE EQUITIES / Dean A Shigenaga ownership change
19 Jul 22
4
ALEXANDRIA REAL ESTATE EQUITIES / Peter M Moglia ownership change
19 Jul 22
Transcripts
2022 Q2
Earnings call transcript
27 Jul 22
2022 Q1
Earnings call transcript
26 Apr 22
2021 Q4
Earnings call transcript
1 Feb 22
2021 Q3
Earnings call transcript
27 Oct 21
2021 Q2
Earnings call transcript
27 Jul 21
2021 Q1
Earnings call transcript
27 Apr 21
2020 Q4
Earnings call transcript
3 Feb 21
2020 Q3
Earnings call transcript
27 Oct 20
2020 Q2
Earnings call transcript
28 Jul 20
2020 Q1
Earnings call transcript
28 Apr 20
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