Alexandria Real Estate Equities Inc vs Hormel Foods Corp — how do they compare? Alexandria Real Estate Equities Inc trades at $48.5 (market cap $8.28B), while Hormel Foods Corp trades at $24.36 (market cap $13.37B). The key difference: Hormel Foods Corp is the larger of the two by market cap, and Alexandria Real Estate Equities Inc pays the higher dividend (5.99%). Which is the better fit depends on your goals.
| ARE | HRL | |
|---|---|---|
Market Cap | $8.28B | $13.37B |
Sector | Real Estate | Consumer Staples |
52-Week High | $87.45 | $29.25 |
52-Week Low | $40.41 | $19.74 |
Enterprise Value | $20.98B | $15.37B |
Dividend Yield | 5.99% | 4.81% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company's revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
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