Alexandria Real Estate Equities/$ARE

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About Alexandria Real Estate Equities

Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle, Texas, and Canada. The Company is a life science real estate investment trust focused on developing, redeveloping, and operating properties that provide space for lease to tenants in the life science industry.
Ticker
$ARE
Primary listing
NYSE
Employees
514

ARE Metrics

BasicAdvanced
$9.1B
-
-$6.04
1.17
$3.48
5.54%

What the Analysts think about ARE

Analyst ratings (Buy, Hold, Sell) for Alexandria Real Estate Equities stock.
Analyst projections of the future price of Alexandria Real Estate Equities stock.

Bulls say / Bears say

Leasing momentum improved materially in 2Q26: total leasing exceeded 1.0 million square feet, up 60% sequentially, including nearly 398,000 square feet of previously vacant or development space. (SEC)
Alexandria reported $3.60 billion of liquidity, extended its $5.0 billion unsecured credit facility to 2032, and has only 6% of total debt maturing through 2028, reducing near-term refinancing risk. (SEC)
Executed leases and future occupancy provide a potential recovery path: operating occupancy was 86.9% at June 30, 2026, but reached 90.9% including executed leases expected to bring approximately 1.4 million square feet online by November 2026. (TradingView/Reuters)
Operating occupancy fell to 86.9% as of June 30, 2026, while 2Q26 adjusted FFO per share declined to $1.73 from $2.33 a year earlier, signaling continued pressure on demand and property-level earnings. (SEC)
Leverage remains elevated at 7.0x net debt and preferred stock to annualized adjusted EBITDA, above Alexandria’s 5.6x–6.2x year-end target and dependent on dispositions, partial-interest sales, and other capital sources. (SEC)
Management’s 2026 outlook anticipates year-end operating occupancy of only 87.7%–89.3%, below the 90.9% recorded at year-end 2025, while same-property NOI is guided to decline 7.5%–9.5%. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.

ARE Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

ARE Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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