Last $77.93 USD
Change Today -0.57 / -0.73%
Volume 224.8K
ARE On Other Exchanges
Symbol
Exchange
New York
As of 1:59 PM 07/30/14 All times are local (Market data is delayed by at least 15 minutes).

alexandria real estate equit (ARE) Snapshot

Open
$79.01
Previous Close
$78.50
Day High
$79.01
Day Low
$77.93
52 Week High
07/24/14 - $79.73
52 Week Low
09/3/13 - $60.86
Market Cap
5.6B
Average Volume 10 Days
346.1K
EPS TTM
$1.72
Shares Outstanding
71.6M
EX-Date
06/26/14
P/E TM
45.3x
Dividend
$2.88
Dividend Yield
3.55%
Current Stock Chart for ALEXANDRIA REAL ESTATE EQUIT (ARE)

alexandria real estate equit (ARE) Related Businessweek News

No Related Businessweek News Found

alexandria real estate equit (ARE) Details

Alexandria Real Estate Equities, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. Its properties consist of buildings containing scientific research and development laboratories, and other improvements. The company offers its properties for lease primarily to universities and independent not-for-profit institutions; and pharmaceutical, biotechnology, medical device, life science product, service, biodefense, and translational research entities, as well as governmental agencies. As of December 31, 2006, it had 159 properties, including 156 properties located in 9 states in the United States and 3 properties located in Canada. As a REIT, the company is not subject to federal income tax to the extent that it distributes 100% of its taxable income to its stockholders. The company was founded in 1993 and is based in Pasadena, California.

215 Employees
Last Reported Date: 03/3/14
Founded in 1993

alexandria real estate equit (ARE) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: $895.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $887.0K
Chief Operating Officer and Regional Market D...
Total Annual Compensation: $833.0K
Executive Vice President and Regional Market ...
Total Annual Compensation: $1.0M
Executive Vice President and Regional Market ...
Total Annual Compensation: $785.0K
Compensation as of Fiscal Year 2013.

alexandria real estate equit (ARE) Key Developments

Alexandria Real Estate Equities, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Year 2014

Alexandria Real Estate Equities, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's total revenues were $176.4 million compared with $153.9 million a year ago. Income from continuing operations was $35.5 million or $0.39 per basic and diluted share compared with $32.3 million or $0.38 per basic and diluted share a year ago. Net income was $36.1 million compared with $33.3 million a year ago. Net income attributable to the company's common stockholders was $27.9 million or $0.39 per basic and diluted share compared with $25.5 million or $0.38 per basic and diluted share a year ago. FFO was negative at $1.65 million compared with $1.44 million a year ago. Funds from operations attributable to the company's common stockholders -- diluted, as adjusted were $84.5 million or $1.19 per share, up $12.9 million, or 18.1%, compared to $71.6 million or $1.07 per share for the same period a year ago. Net operating income was $124.0 million, up $16.4 million, or 15.2%, compared to $107.7 million for the same period a year ago. Diluted FFO attributable to the company's common stockholders was $84.5 million compared with $71.0 million a year ago. Diluted AFFO attributable to the company's common stockholders was $72.5 million or $1.02 per share compared with $66.8 million or $1.00 per share a year ago. For the six months, the company's total revenues were $352.6 million compared with $304.0 million a year ago. Income from continuing operations was $76.4 million or $0.85 per basic and diluted share compared with $61.7 million or $0.72 per basic and diluted share a year ago. Net income was $76.9 million compared with $63.6 million a year ago. Net income attributable to the company's common stockholders was $60.6 million or $0.85 per basic and diluted share compared with $47.9 million or $0.74 per basic and diluted share a year ago. FFO was negative at $3.28 million compared with $2.5 million a year ago. Funds from operations attributable to the company's common stockholders -- diluted, as adjusted were $167.6 million or $2.36 per share, up $26.0 million, or 18.3%, compared to $141.6 million or $2.18 per share for the same period a year ago. Net operating income was $247.7 million, up $35.2 million, or 16.6%, compared to $212.6 million for the same period a year ago. Diluted FFO attributable to the company's common stockholders was $167.6 million compared with $141.1 million a year ago. Diluted AFFO attributable to the company's common stockholders was $143.8 million or $2.02 per share compared with $134.7 million or $2.07 per share a year ago. For the year 2014, the company expects diluted earnings per share in the range of $1.63 to $1.69, FFO per diluted share in the range of $4.73 to $4.79, FFO per diluted share, as adjusted in the range of $4.74 to $4.80.

Alexandria Real Estate Equities, Inc., Q2 2014 Earnings Call, Jul 29, 2014

Alexandria Real Estate Equities, Inc., Q2 2014 Earnings Call, Jul 29, 2014

Alexandria Real Estate Equities, Inc. to Report Q2, 2014 Results on Jul 28, 2014

Alexandria Real Estate Equities, Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 28, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ARE:US $78.01 USD -0.49

ARE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Campus Communities Inc $39.42 USD -0.53
BioMed Realty Trust Inc $21.64 USD -0.09
Douglas Emmett Inc $28.85 USD -0.18
Home Properties Inc $66.22 USD +0.29
Mid-America Apartment Communities Inc $74.48 USD -0.07
View Industry Companies
 

Industry Analysis

ARE

Industry Average

Valuation ARE Industry Range
Price/Earnings 45.7x
Price/Sales 8.2x
Price/Book 1.6x
Price/Cash Flow 15.9x
TEV/Sales 2.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ALEXANDRIA REAL ESTATE EQUIT, please visit www.labspace.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.