The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

ARE

Concerning the House

Alexandria Real Estate Equities, Inc., an S&P 500 registered company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. With our founding in 1994, Alexandria pioneered the life science real estate niche. Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative Megacampus ecosystems in AAA life science and advanced technology innovation cluster locations, including Greater Boston, San Diego, the San Francisco Bay Area, Seattle, Maryland, Research Triangle, and New York City. As of June 30, 2026, Alexandria has a total market capitalization of 21.84 billion dollar and an asset base that includes 36.0 million RSF of operating properties and 2.8 million RSF of Class A/A+ properties undergoing construction. Alexandria has a long-standing and proven track record of developing Class A/A+ properties clustered in highly dynamic and collaborative Megacampus environments that enhance our tenants' 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 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. Alexandria Real Estate Equities, Inc. was established in 1994 and incorporated in Maryland.

United States · www.are.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Net income$103.64M-2.0%
Cash from ops$1.41B+13.2%
Quotation

$48.42

+0.36 (+0.7%)

52w hi$82.43
52w lo$39.89
Vol1.28M
As ofAug 13
The Verdict

Hold

Our score -0.41

Short-0.01
Medium-0.49
Long-1.07

computed 2026-08-13

By the Numbers

Alexandria Real Estate Equities, Inc.

Real Estate · REIT - Office

Market cap$8.33B
Enterprise value$24.69B
Trailing P/E
Forward P/E-59.78x
EV / EBITDA13.86x
P / S (ttm)2.93x
Profit margin-36.1%
Return on equity-4.1%
Revenue growth-11.9%
Earnings growth
Debt / equity68.67
Risk Metrics
Beta vs SPX0.76
Corr SPX0.32
Annual vol38.5%
Annual ret-34.9%
Sharpe-0.91
Max DD-67.6%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.20
Sector+0.04
Technical-0.04
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$47.85$48.81$47.85$48.421.28M
Aug 12$48.11$48.37$47.66$48.061.13M
Aug 11$48.31$48.96$47.82$48.121.36M
Aug 10$49.12$49.46$47.51$48.351.95M
Aug 7$48.70$50.17$48.15$49.741.95M