(VIANEWS) - The NYSE ended the session with Alexandria Real Estate Equities rising 11.13% to $104.81 on Wednesday, following the last session's downward trend. NYSE jumped 2.09% to $15,725.21, after two successive sessions in a row of gains, on what was an all-around up trend trading session today.
Alexandria Real Estate Equities's last close was $94.31, 45.38% below its 52-week high of $172.65.
About Alexandria Real Estate Equities
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. The trusted partner to over 800 tenants, Alexandria has a total market capitalization of $28.3 billion and an asset base in North America of 75.1 million SF as of September 30, 2023, which includes 41.5 million RSF of operating properties and 5.6 million RSF of Class A/A+ properties undergoing construction, 8.9 million RSF of near-term and intermediate-term development and redevelopment projects, and 19.1 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science, agtech, and advanced technology mega campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, agrifoodtech, climate innovation, and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.
Earnings Per Share
As for profitability, Alexandria Real Estate Equities has a trailing twelve months EPS of $1.38.
PE Ratio
Alexandria Real Estate Equities has a trailing twelve months price to earnings ratio of 75.95. Meaning, the purchaser of the share is investing $75.95 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 1.91%.Growth Estimates Quarters
The company's growth estimates for the current quarter is a negative 46% and positive 280.6% for the next.Volume
Today's last reported volume for Alexandria Real Estate Equities is 934312 which is 16.04% below its average volume of 1112910.
Moving Average
Alexandria Real Estate Equities's worth is below its 50-day moving average of $105.74 and way below its 200-day moving average of $123.63.Volatility
Alexandria Real Estate Equities's last week, last month's, and last quarter's current intraday variation average was a negative 1.40%, a negative 0.17%, and a positive 1.47%.
Alexandria Real Estate Equities's highest amplitude of average volatility was 2.38% (last week), 2.06% (last month), and 1.47% (last quarter).
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