Bad News For REITs, Good News For High Income Investors
Many of us expected REITs to explode higher when the Fed would start to decrease interest rates. Rising long-term yields have quite quickly destroyed these expectations. In this article, I describe two indicators, which imply elevated risks for REITs. In my view, the risks are high for REITs to decline.
Alexandria: It's Lonely When You're A Value Investor, But That's Okay With Me
As a value investor, I thrive on identifying mispriced companies like Tanger and Iron Mountain, which have yielded impressive returns of 426% and 440%, respectively. Alexandria Real Estate is a fundamentally strong, BBB+ rated REIT with a 5% yield, low leverage, and high tenant loyalty, making it a "Strong Buy". ARE's historical performance, superior operating results, and conservative management justify a valuation target of $160/share, with potential annual returns of 30-50%.
Alexandria Announces Long-Term Lease at San Carlos Mega Campus
ARE announces that it has executed a 10-year lease with Vaxcyte, Inc., a clinical-stage biopharmaceutical company.
Alexandria Real Estate: Buy The Dip And Start The DRIP
Dividend reinvestment in high-quality stocks at below-average valuations like Alexandria Real Estate can result in potentially strong total returns. ARE's focus on mega campuses in innovation clusters results in sticky tenant relationships, robust leasing activity, and stable occupancy levels. ARE carries a strong balance sheet, attractive 4.9% dividend yield, and significant development pipeline, positioning it for solid future growth.
Market Irrationality Alert: 2 Durable Yield REITs With Too Cheap Multiples
Durable income investing usually implies some sacrifices on the price appreciation end. Yet, in some situations, it is possible to lock in defensive and acceptable yields in combination with meaningful share price upside potential. In this article, I present two solid and high quality equity REITs, where the market has, in my opinion, assigned too aggressive discount rates.
7 Stocks I'm Buying As Recession Fears Fade And Trump Victory Odds Rise
Assessing the reasons for the recent rise in the 10-year Treasury rate: Soft landing optimism? A potential Fed overshoot? Rising odds of a Trump electoral victory? A series of Rorschach Tests that may interest investors.
Alexandria Real Estate: Q3 Results Reinforce Bullish View
Alexandria Real Estate Equities remains a strong buy due to its strategic mega campuses, high occupancy rates, and robust rental collections. Alexandria Real Estate reported solid earnings with 11% revenue growth and strong FFO, supported by high leasing volumes and investment-grade tenants. ARE stock's valuation is attractive, trading at 12.5 times expected FFO, with potential for multiple expansion and a 4.3% dividend yield.
My 2 Top Conviction Bargains, Up To 7% Yield
Stock market irrationality creates opportunities for value investors. In this article, I present 2 quality bargain stocks trading well below their 52-week highs. Alexandria Real Estate offers a 4.5% yield, strong tenant demand, and strategic life sciences properties, supported by robust financials and growth potential. Plains All American provides a 7.4% distribution yield, diversified pipeline network, and solid financials with potential for market-beating returns.
Alexandria Real Estate Equities, Inc. (ARE) Q3 2024 Earnings Call Transcript
Alexandria Real Estate Equities, Inc. (NYSE:ARE ) Q3 2024 Results Conference Call October 22, 2024 3:00 PM ET Company Participants Paula Schwartz - Investor Relations Joel Marcus - Executive Chairman and Founder Hallie Kuhn - Senior Vice President, Science and Technology and Capital Markets Peter Moglia - Chief Executive Officer & Co-Chief Investment Officer Marc Binda - Chief Financial Officer and Treasurer Conference Call Participants Joshua Dennerlein - BofA Merrill Lynch Rich Anderson - Wedbush Nick Joseph - Citi Michael Carroll - RBC Capital Markets Omotayo Okusanya - Deutsche Bank Georgi Dinkov - Mizuho Peter Abramowitz - Jefferies Dylan Burzinski - Green Street Jim Kammert - Evercore Operator Good day, and welcome to the Alexandria Real Estate Equities Third Quarter 2024 Conference Call. All participants will be in listen-only mode.
Alexandria Q3 AFFO Misses Estimates, Revenues Increase Y/Y
ARE's Q3 results reflect a year-over-year rise in revenues, backed by decent leasing activity and higher rental rates.
Compared to Estimates, Alexandria Real Estate Equities (ARE) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Alexandria Real Estate Equities (ARE) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Alexandria Real Estate Equities (ARE) Q3 FFO Miss Estimates
Alexandria Real Estate Equities (ARE) came out with quarterly funds from operations (FFO) of $2.37 per share, missing the Zacks Consensus Estimate of $2.38 per share. This compares to FFO of $2.26 per share a year ago.
