|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's Range||151.21 - 151.45|
|52 Week Range||126.74 - 224.95|
|Beta (5Y Monthly)||0.92|
|PE Ratio (TTM)||45.59|
|Earnings Date||Jan 30, 2023 - Feb 03, 2023|
|Forward Dividend & Yield||4.72 (3.09%)|
|Ex-Dividend Date||Sept 29, 2022|
|1y Target Est||173.00|
Alexandria (ARE) is well-poised to benefit from the high demand for its strategically located properties and expansion efforts. However, rising interest rates add to the company's woes.
Alexandria Real Estate Equities (NYSE: ARE) is one of the highest flying real estate investment trusts (REITs) on the market. With revenue of $2.5 billion in the trailing 12 months, close to a billion dollars more than it generated as recently as 2019, it's unquestionable that the REIT provides crucial spaces for a high-growth and vastly important industry. Two Fool.com contributors present their cases: the bull case that the company is a fast-growth, dividend-paying, high-quality business, and the bear case that the stock is just too expensive right now.
Beaten down now, Alexandria Real Estate Equities, Highwood Properties, and Crown Castle enjoy durable demand for their specialized properties.