Last $79.06 USD
Change Today +0.24 / 0.30%
Volume 397.7K
ARE On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

alexandria real estate equit (ARE) Snapshot

Open
$78.83
Previous Close
$78.82
Day High
$79.18
Day Low
$78.72
52 Week High
08/21/14 - $80.65
52 Week Low
09/3/13 - $60.86
Market Cap
5.7B
Average Volume 10 Days
298.5K
EPS TTM
$1.73
Shares Outstanding
71.7M
EX-Date
06/26/14
P/E TM
45.8x
Dividend
$2.88
Dividend Yield
3.52%
Current Stock Chart for ALEXANDRIA REAL ESTATE EQUIT (ARE)

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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.

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 of Gaithersburg Names Joel S. Marcus as Chairman, Chief Executive and Founder

Alexandria Real Estate Equities of Gaithersburg appointed Joel S. Marcus as chairman, chief executive and founder.

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

 

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