OTCMKTS:ARESF

Artis Real Estate Investment Trust (ARESF) Stock Forecast, Price & News

$5.10

+0.04 (+0.73%)

(As of 05/26/2023 08:48 PM ET)

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Today's Range: $5.10
▼
$5.10
50-Day Range: $4.94
▼
$5.76
52-Week Range: $4.94
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$10.43

Volume: 200 shs
Average Volume: 4,986 shs
Market Capitalization: N/A

P/E Ratio: 5.33
Dividend Yield: 15.89%
Price Target: $9.45

Profile Analyst Ratings Chart Competitors Dividend Headlines Short Interest

Artis Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 85.4% Upside
$9.45 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.40
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.89 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Artis Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.45, Artis Real Estate Investment Trust has a forecasted upside of 85.4% from its current price of $5.10.
Amount of Analyst Coverage
Artis Real Estate Investment Trust has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Artis Real Estate Investment Trust has a short interest ratio ("days to cover") of 130.8, which indicates bearish sentiment.
Change versus previous month
Short interest in Artis Real Estate Investment Trust has recently decreased by 63.56%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Artis Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 7.85%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Artis Real Estate Investment Trust does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Artis Real Estate Investment Trust is 84.74%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ARESF.

1.9

News and Social Media Coverage

News Sentiment
Artis Real Estate Investment Trust has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Artis Real Estate Investment Trust this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Artis Real Estate Investment Trust insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 19.73% of the stock of Artis Real Estate Investment Trust is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Artis Real Estate Investment Trust is 5.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Artis Real Estate Investment Trust is 5.33, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 179.14.

See Top Rated MarketRank™ Stocks Here

About Artis Real Estate Investment Trust (OTCMKTS:ARESF) Stock

Artis Real Estate Investment Trust engages in the ownership, management, leasing, and development of commercial properties. Its portfolio includes industrial, office, and retail properties. The company was founded by Cornelius W. V. Martens on November 8, 2004 and is headquartered in Winnipeg, Canada.

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ARESF Stock News Headlines

May 27, 2023 | americanbankingnews.com

Artis Real Estate Investment Trust (OTCMKTS:ARESF) Short Interest Down 63.6% in May

May 25, 2023 | americanbankingnews.com

Artis Real Estate Investment Trust (ARESF) to Issue Dividend of $0.04 on June 15th

May 29, 2023 | Behind the Markets (Ad)

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May 20, 2023 | americanbankingnews.com

Artis Real Estate Investment Trust (OTCMKTS:ARESF) Price Target Lowered to C$7.75 at National Bank Financial

May 17, 2023 | theglobeandmail.com

Closing Bell: Artis Real Estate Investment Trust Units up on Wednesday (AX-UN)

May 17, 2023 | americanbankingnews.com

Royal Bank of Canada Trims Artis Real Estate Investment Trust (OTCMKTS:ARESF) Target Price to C$8.00

May 15, 2023 | americanbankingnews.com

Artis Real Estate Investment Trust (OTCMKTS:ARESF) Short Interest Up 21.5% in April

April 25, 2023 | theglobeandmail.com

Closing Bell: Artis Real Estate Investment Trust Units down on Monday (AX-UN)

May 29, 2023 | Behind the Markets (Ad)

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April 23, 2023 | americanbankingnews.com

Artis Real Estate Investment Trust (ARESF) to Issue Dividend of $0.04 on May 15th

April 20, 2023 | americanbankingnews.com

Artis Real Estate Investment Trust (OTCMKTS:ARESF) PT Lowered to C$8.00 at National Bank Financial

April 19, 2023 | msn.com

Artis Real Estate Investment Trust (ARESF) Declares $0.05 Dividend

April 18, 2023 | finance.yahoo.com

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES RESULTS OF RECLASSIFICATION ELECTIONS BY HOLDERS OF SERIES I PREFERRED UNITS

April 14, 2023 | theglobeandmail.com

Closing Bell: Artis Real Estate Investment Trust Units down on Friday (AX-UN)

April 13, 2023 | theglobeandmail.com

Closing Bell: Artis Real Estate Investment Trust Units flat on Wednesday (AX-UN)

March 11, 2023 | finance.yahoo.com

Benjamin Rodney Is The Chairman of the Board of Trustees & Lead Independent Trustee of Artis Real Estate Investment Trust (TSE:AX.UN) And They Just Picked Up 20% More Shares

March 6, 2023 | uk.news.yahoo.com

Artis Real Estate Investment Trust (TSE:AX.UN) investors are sitting on a loss of 12% if they invested five years ago

March 1, 2023 | finance.yahoo.com

ARTIS REAL ESTATE INVESTMENT TRUST RELEASES 2022 ANNUAL RESULTS

February 11, 2023 | theglobeandmail.com

Closing Bell: Artis Real Estate Investment Trust Units down on Thursday (AX-UN)

February 6, 2023 | finance.yahoo.com

Artis Real Estate Investment Trust's (TSE:AX.UN) largest shareholders are individual investors with 33% ownership, private companies own 27%

January 9, 2023 | finance.yahoo.com

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES TIMING OF RELEASE OF 2022 ANNUAL RESULTS AND CONFERENCE CALL

November 1, 2022 | seekingalpha.com

AX.UN:CA Artis Real Estate Investment Trust

September 26, 2022 | nasdaq.com

Artis Real Estate Investment Trust's Preferred Units, Series C Goes Ex-Dividend Soon

August 31, 2022 | finance.yahoo.com

Investing in Artis Real Estate Investment Trust (TSE:AX.UN) five years ago would have delivered you a 17% gain

August 27, 2022 | investing.com

Artis Real Estate Investment Trust Pref E (AX_pe)

August 24, 2022 | finance.yahoo.com

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES NOTICE OF REDEMPTION OF SERIES A PREFERRED UNITS EFFECTIVE SEPTEMBER 30, 2022

August 4, 2022 | seekingalpha.com

Artis Real Estate Investment Trust Q2 adjusted FFO up Y/Y, revenue down

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30 days | 90 days | 365 days | Advanced Chart

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ARESF Company Calendar

Ex-Dividend for 5/15 Dividend: 4/27/2023
Dividend Payable: 5/15/2023
Today: 5/28/2023
Ex-Dividend for 6/15 Dividend: 5/30/2023
Dividend Payable: 6/15/2023
Next Earnings (Estimated): 8/02/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: REIT - Diversified
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: OTCMKTS:ARESF
CUSIP: N/A
CIK: N/A
Web: www.artisreit.com
Phone: (204) 947-1250
Fax: N/A
Employees: 232
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $9.45
High Stock Price Forecast: $10.50
Low Stock Price Forecast: $7.75
Forecasted Upside/Downside: +85.4%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 5.33
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Samir A. Manji
President, Chief Executive Officer & Trustee

Kimberly Riley
Chief Operating Officer

Jaclyn Koenig
Chief Financial Officer

Eric Sawatzky
Vice President-Information Technology

Kara Watson
Secretary, Executive VP & General Counsel

Key Competitors

View All Competitors

ARESF Stock - Frequently Asked Questions

Should I buy or sell Artis Real Estate Investment Trust stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Artis Real Estate Investment Trust in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ARESF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARESF, but not buy additional shares or sell existing shares.
View ARESF analyst ratings or view top-rated stocks.
What is Artis Real Estate Investment Trust's stock price forecast for 2023?: 1 brokerages have issued twelve-month target prices for Artis Real Estate Investment Trust's shares. Their ARESF share price forecasts range from $7.75 to $10.50. On average, they predict the company's share price to reach $9.45 in the next twelve months. This suggests a possible upside of 85.4% from the stock's current price.
View analysts price targets for ARESF or view top-rated stocks among Wall Street analysts.
How have ARESF shares performed in 2023?: Artis Real Estate Investment Trust's stock was trading at $6.65 at the beginning of the year. Since then, ARESF shares have decreased by 23.4% and is now trading at $5.0970.
View the best growth stocks for 2023 here.
Are investors shorting Artis Real Estate Investment Trust?: Artis Real Estate Investment Trust saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 326,900 shares, a drop of 63.6% from the April 30th total of 897,200 shares. Based on an average trading volume of 2,500 shares, the days-to-cover ratio is presently 130.8 days.
View Artis Real Estate Investment Trust's Short Interest.
When is Artis Real Estate Investment Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our ARESF earnings forecast.
How often does Artis Real Estate Investment Trust pay dividends? What is the dividend yield for Artis Real Estate Investment Trust?: Artis Real Estate Investment Trust announced a dividend on Tuesday, May 23rd. Investors of record on Wednesday, May 31st will be paid a dividend of $0.0372 per share on Thursday, June 15th. This represents a yield of 8.62%. The ex-dividend date is Tuesday, May 30th.
Read our dividend analysis for ARESF.

Is Artis Real Estate Investment Trust a good dividend stock?: Artis Real Estate Investment Trust (OTCMKTS:ARESF) pays an annual dividend of $0.81 per share and currently has a dividend yield of 7.85%. ARESF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 84.74%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for ARESF.
What is Artis Real Estate Investment Trust's stock symbol?: Artis Real Estate Investment Trust trades on the OTCMKTS under the ticker symbol "ARESF."
How do I buy shares of Artis Real Estate Investment Trust?: Shares of ARESF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Artis Real Estate Investment Trust's stock price today?: One share of ARESF stock can currently be purchased for approximately $5.10.
How many employees does Artis Real Estate Investment Trust have?: The company employs 232 workers across the globe.
How can I contact Artis Real Estate Investment Trust?: Artis Real Estate Investment Trust's mailing address is 220 Portage Avenue, Winnipeg, MB R3C. The official website for the company is www.artisreit.com. The company can be reached via phone at (204) 947-1250.

This page (OTCMKTS:ARESF) was last updated on 5/29/2023 by MarketBeat.com Staff

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