Alexandria Real Estate Equities, Inc. (ARE) has had a varied performance in recent times. Despite underperforming the market on a few occasions, the company's stock has risen on some days. The company faced a lawsuit over a stalled NYC riverfront project and the Royal Bank of Canada lowered its price target for ARE. Still, several analysts consider the stock undervalued and good for passive income with a 4.2% yield. Notable investment firms, like
BDF Gestion, and
GAMMA Investing LLC, have taken prominent positions in ARE. A financial analysis of ARE in comparison with Macerich (MAC) surfaced, although the details weren't revealed. In terms of financial reports,
ARE surpassed Q2 FFO Estimates and announced a cash dividend increase. Several
share transactions took place, including those by ‘Kingswood Wealth Advisors LLC’, ‘Tidal Investments LLC’, and 'US Bancorp DE'. Among other news, ARE's Q2 earnings snapshot was released, displaying slightly better outcomes than expected and maintaining the 2024 guide. Conversely, a couple of downgrades by Jefferies and other firms were reported, likely due to cautious leasing views.
Alexandria Real Estate Equities ARE News Analytics from Fri, 20 Oct 2023 07:00:00 GMT to Sun, 11 Aug 2024 16:21:42 GMT -
Rating 4
- Innovation -3
- Information 6
- Rumor -5
