# ARE · Alexandria Real Estate Equities, Inc.

Snapshot 2026-10-26 · CIK 0001035443 · NYSE · Real Estate Investment Trusts

Price 43.02 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 7.5 B

Machine-readable: https://theclaudetrader.com/s/ARE.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: — (not scored (financial)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham

### Magic Formula: — (not scored) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula

### Momentum: 20.9 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: -29.6 % · threshold  · points 3.5/50
-  6 month return: -4.6 % · threshold  · points 6.2/20
-  Price / 52-week high: 0.586  · threshold  · points 8.8/15
-  Volatility penalty (60d annualised): 44.8 % · threshold  · points 2.4/15

Inputs:
  - Adjusted close series (14 months): 43.02 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 50.4 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.64 bp · threshold  · points 28.9/35
-  Distinct buyers: 1  · threshold  · points 6.2/25
-  Buyer seniority: 1.0  · threshold  · points 20.0/20
-  Recency (half-life 30d): 0.35  · threshold  · points 3.5/10
-  Sales penalty (excludes 10b5-1 plan sales): 1.81 bp · threshold  · points -8.2/0

Inputs:
  - Form 4 P MARCUS JOEL S 2026-09-11: 248400.0 · 2026-09-11 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1035443/000121695526000021/
  - Form 4 S Fukuzaki-Carlson Kristina 2026-09-11: 849073.1 · 2026-09-11 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1035443/000191919826000011/
  - Form 4 S Gavinet Andres 2026-08-31: 509300.0 · 2026-08-31 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1035443/000137840626000009/
  - Form 4 P MARCUS JOEL S 2026-08-17: 231400.0 · 2026-08-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1035443/000121695526000019/

### Buffett Quality: — (not scored (financial)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett

### Lynch GARP: — (not scored (financial)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch

### Graham Enterprising: — (not scored (financial)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising

### Piotroski F-Score: — (not scored (financial)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 43.02 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 174,247,570 underlying shares, period 2026-07-15, SEC cover page 10-Q 0001035443-26-000066 (174,247,570 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1035443/000103544326000066/are-20260630.htm, accession 0001035443-26-000066 · https://www.sec.gov/Archives/edgar/data/1035443/000103544326000066/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 7,496,130,461 USD; 43.02 (price 2026-10-23) / 1 x 174,247,570 (shares at 2026-07-15) = 7,496,130,461

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)


## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-12-31): 136217000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544316000136/
- FY2014 (ended 2014-12-31): 101574000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544317000022/
- FY2015 (ended 2015-12-31): 144217000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544318000028/
- FY2016 (ended 2016-12-31): -65901000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544319000041/
- FY2017 (ended 2017-12-31): 169093000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544320000042/
- FY2018 (ended 2018-12-31): 379312000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544321000044/
- FY2019 (ended 2019-12-31): 363165000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544322000040/
- FY2020 (ended 2020-12-31): 770959000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544323000099/
- FY2021 (ended 2021-12-31): 571247000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544324000072/
- FY2022 (ended 2022-12-31): 521660000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544325000067/
- FY2023 (ended 2023-12-31): 103639000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544326000013/
- FY2024 (ended 2024-12-31): 322949000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544326000013/
- FY2025 (ended 2025-12-31): -1429570000.0 · https://www.sec.gov/Archives/edgar/data/1035443/000103544326000013/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2015 (ended 2015-12-31): 1.63 [filed 1.63, split factor 1.0]
- FY2016 (ended 2016-12-31): -1.99 [filed -1.99, split factor 1.0]
- FY2017 (ended 2017-12-31): 1.58 [filed 1.58, split factor 1.0]
- FY2018 (ended 2018-12-31): 3.52 [filed 3.52, split factor 1.0]
- FY2019 (ended 2019-12-31): 3.12 [filed 3.12, split factor 1.0]
- FY2020 (ended 2020-12-31): 6.01 [filed 6.01, split factor 1.0]
- FY2021 (ended 2021-12-31): 3.82 [filed 3.82, split factor 1.0]
- FY2022 (ended 2022-12-31): 3.18 [filed 3.18, split factor 1.0]
- FY2023 (ended 2023-12-31): 0.54 [filed 0.54, split factor 1.0]
- FY2024 (ended 2024-12-31): 1.8 [filed 1.8, split factor 1.0]
- FY2025 (ended 2025-12-31): -8.44 [filed -8.44, split factor 1.0]

## Dividend years (Yahoo history)

1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026

## Insider transactions (SEC Form 4 data set, latest 40)

- 2026-09-11 P MARCUS JOEL S (Chair) 5000 @ 49.68 = 248400 · https://www.sec.gov/Archives/edgar/data/1035443/000121695526000021/
- 2026-09-11 S Fukuzaki-Carlson Kristina (officer) 16810 @ 50.51 = 849073 · https://www.sec.gov/Archives/edgar/data/1035443/000191919826000011/
- 2026-08-31 S Gavinet Andres (officer) 10000 @ 50.93 = 509300 · https://www.sec.gov/Archives/edgar/data/1035443/000137840626000009/
- 2026-08-17 P MARCUS JOEL S (Chair) 5000 @ 46.28 = 231400 · https://www.sec.gov/Archives/edgar/data/1035443/000121695526000019/
- 2026-06-09 S Binda Marc E (CFO) 2000 @ 54.00 = 108000 · https://www.sec.gov/Archives/edgar/data/1035443/000177858426000007/
- 2026-05-06 P MARCUS JOEL S (Chair) 3989 @ 45.99 = 183454 · https://www.sec.gov/Archives/edgar/data/1035443/000121695526000017/
- 2026-05-06 P MARCUS JOEL S (Chair) 3511 @ 46.74 = 164104 · https://www.sec.gov/Archives/edgar/data/1035443/000121695526000017/
- 2026-05-05 P MARCUS JOEL S (Chair) 3832 @ 42.76 = 163856 · https://www.sec.gov/Archives/edgar/data/1035443/000121695526000015/
- 2026-05-05 P MARCUS JOEL S (Chair) 1606 @ 43.70 = 70182 · https://www.sec.gov/Archives/edgar/data/1035443/000121695526000015/
- 2026-05-05 P MARCUS JOEL S (Chair) 2062 @ 41.89 = 86377 · https://www.sec.gov/Archives/edgar/data/1035443/000121695526000015/
- 2026-05-04 P MARCUS JOEL S (Chair) 10000 @ 41.02 = 410200 · https://www.sec.gov/Archives/edgar/data/1035443/000121695526000013/
- 2026-04-30 P Thomas Gregory Calvin (officer) 3500 @ 41.00 = 143500 · https://www.sec.gov/Archives/edgar/data/1035443/000210970326000010/
- 2026-04-17 S Kuhn Hallie E. (officer) 536 @ 48.20 = 25835 · https://www.sec.gov/Archives/edgar/data/1035443/000210763526000014/

## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001035443
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001035443.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001035443&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001035443&type=8-K
- yahoo: https://finance.yahoo.com/quote/ARE
- stooq: https://stooq.com/q/d/?s=are.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=ARE
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=ARE
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/are/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/ARE
- openinsider (link only, nothing stored): http://openinsider.com/search?q=ARE
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=ARE+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/ARE; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.