Thinking Of Buying Alexandria Real Estate Equities? Here Are The Properties And Tenants You'd Add To Your Portfolio
Portfolio Pulse from Ethan Roberts
Alexandria Real Estate Equities Inc. (ARE) is a REIT with a portfolio of 850 tenants in 430 properties devoted to life science, agtech and advanced technology companies. Despite the trend of tech workers leaving California, ARE maintains high occupancy rates. Its largest tenants include Bristol-Myers Squibb Co. (BMY), Moderna Inc. (MRNA), Eli Lilly and Co. (LLY), and Alphabet Inc. (GOOGL). ARE recently declared a $1.24 per share quarterly dividend. Despite disappointing full-year 2023 FFO estimates, analysts from Wedbush and Evercore ISI Group maintain an Outperform rating on ARE.
October 05, 2023 | 3:19 pm
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NEUTRAL IMPACT
Alexandria Real Estate Equities maintains high occupancy rates and has a diverse tenant base. Despite disappointing FFO estimates, it has received Outperform ratings from analysts.
ARE's high occupancy rates and diverse tenant base, including major companies like BMY, MRNA, LLY, and GOOGL, indicate stability. However, disappointing FFO estimates may impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Bristol-Myers Squibb Co. is the largest tenant of Alexandria Real Estate Equities.
As the largest tenant of ARE, BMY's stability and solvency can impact ARE's performance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Alphabet Inc. is the fifth-largest tenant of Alexandria Real Estate Equities.
As the fifth-largest tenant of ARE, GOOGL's stability and solvency can impact ARE's performance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Eli Lilly and Co. is the third-largest tenant of Alexandria Real Estate Equities.
As the third-largest tenant of ARE, LLY's stability and solvency can impact ARE's performance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Moderna Inc. is the second-largest tenant of Alexandria Real Estate Equities.
As the second-largest tenant of ARE, MRNA's stability and solvency can impact ARE's performance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50