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Alexandria Real Estate Equities, Inc. (ARE): A Bear Case Theory

We came across a bearish thesis on Alexandria Real Estate Equities, Inc. on Compounding Dividends’s Substack by TJ Terwilliger. In this article, we will summarize the bears’ thesis on ARE. Alexandria Real Estate Equities, Inc.'s share was trading at $54.64 as of January 13th. ARE’s trailing and forward P/E were 150.89 and 16.69 respectively according to Yahoo Finance.

Alexandria Real Estate Equities (ARE), long considered a reliable high-yield REIT, recently slashed its dividend by 45%, surprising many investors. The company, a premier landlord for the life science industry,...