Alexandria Real Estate Equities Inc vs Cigna Corp — how do they compare? Alexandria Real Estate Equities Inc trades at $48.5 (market cap $8.28B), while Cigna Corp trades at $273 (market cap $73.56B). The key difference: Cigna Corp is far larger — about 8.9× Alexandria Real Estate Equities Inc's market cap, and Alexandria Real Estate Equities Inc pays the higher dividend (5.99%). Which is the better fit depends on your goals.
| ARE | CI | |
|---|---|---|
Market Cap | $8.28B | $73.56B |
Sector | Real Estate | Health |
52-Week High | $87.45 | $311.00 |
52-Week Low | $40.41 | $244.41 |
Enterprise Value | $20.98B | $98.27B |
Dividend Yield | 5.99% | 2.24% |
Trailing returns across standard periods
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.
Read more on ARE →Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services were greatly expanded by its 2018 merger with Express Scripts and are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 15 million medical members covered as of the end of 2020, but its services extend internationally, covering another 2 million people.
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