In the past events, Alexandria Real Estate Equities, Inc. revealed its **Second Quarter 2024 Operating and Financial Results** in a conference call. Despite the company's stock **underperforming** against its competitors on certain days, there has been a significant interest in the company from major **investment firms** such as Clearbridge Investments LLC, Allstate Corp, and Principal Securities Inc., all expanding their stakes in the company. The company was also named one of the **Most Trustworthy Companies** in America by Newsweek and seen as a top **Dividend Stock**. It has a resilient financial performance with, for instance, 1Q24 Net Income per Share - Diluted of $0.97; and 1Q24 FFO per Share. The company also announced a **public offering of $400,000,000** of Senior Notes due 2036 and **long-term leases** with insitro and CARGO Therapeutics, among others. The company declared a **cash dividend of $1.27** per common share for 4Q23, an increase of 3%, while the company has been struggling in some areas, it still has strong Q1 results. Furthermore, the company launched the creation of a first-of-its-kind commercial life science ecosystem.
Alexandria Real Estate Equities ARE News Analytics from Fri, 30 Jun 2023 07:00:00 GMT to Thu, 23 May 2024 18:21:43 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -4
