OTCMKTS:ARESF

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

$5.10

-0.01 (-0.20%)

(As of 09/22/2023 08:53 PM ET)

Compare

Today's Range: $5.10
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$5.10
50-Day Range: $4.92
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$5.47
52-Week Range: $4.90
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$7.31

Volume: 4,900 shs
Average Volume: 7,712 shs
Market Capitalization: N/A

P/E Ratio: 5.34
Dividend Yield: 15.88%
Price Target: $11.94

Profile Analyst Ratings Chart Competitors Dividend Headlines Short Interest

Artis Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating: 0.00 Rating Score
Upside/Downside: 134.1% Upside
$11.94 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.45
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.

1.34 out of 5 stars

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $11.94, Artis Real Estate Investment Trust has a forecasted upside of 134.1% 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.

0.0

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 123.6, which indicates bearish sentiment.
Change versus previous month
Short interest in Artis Real Estate Investment Trust has recently increased by 75.92%, indicating that investor sentiment is decreasing 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 0.45. 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 news sentiment score is similar to the average news sentiment 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 5.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.00.
Price to Earnings Ratio vs. Sector
The P/E ratio of Artis Real Estate Investment Trust is 5.34, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 132.55.

See Top Rated MarketRank™ Stocks Here

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

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.

ARESF Price History

30 days | 90 days | 365 days | Advanced Chart

ARESF Stock News Headlines

September 21, 2023 | seekingalpha.com

Artis Real Estate Investment Trust PFD SER E declares CAD 0.342 dividend

September 19, 2023 | finance.yahoo.com

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

September 25, 2023 | Edge On The Street (Ad)

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September 18, 2023 | msn.com

Artis Real Estate Investment Trust declares CAD 0.342 dividend

September 11, 2023 | seekingalpha.com

Artis REIT special committee hires adviser for strategic review

August 31, 2023 | finance.yahoo.com

ARTIS REAL ESTATE INVESTMENT TRUST PROVIDES NOTICE OF SERIES E PREFERRED UNIT RECLASSIFICATION DATE AND DISTRIBUTION RATES

August 13, 2023 | finance.yahoo.com

Investors in Artis Real Estate Investment Trust (TSE:AX.UN) have unfortunately lost 22% over the last five years

July 16, 2023 | finance.yahoo.com

Artis Real Estate Investment Trust's (TSE:AX.UN) largest shareholders are individual investors with 49% ownership, institutions own 19%

September 25, 2023 | Edge On The Street (Ad)

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July 5, 2023 | finance.yahoo.com

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES TIMING OF RELEASE OF Q2-23 RESULTS AND CONFERENCE CALL

June 9, 2023 | finance.yahoo.com

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES VOTING RESULTS FROM THE 2023 ANNUAL MEETING OF UNITHOLDERS

June 8, 2023 | finance.yahoo.com

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES $186.7 MILLION OF NEW MORTGAGE FINANCING AND PROVIDES UPDATE ON $121.7 MILLION OF CANADIAN ASSET SALES AND US$117.6 MILLION OF U.S. ASSET SALES

May 17, 2023 | theglobeandmail.com

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

April 25, 2023 | theglobeandmail.com

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

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

See More Headlines

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ARESF Company Calendar

Ex-Dividend for 9/15 Dividend: 8/30/2023
Dividend Payable: 9/15/2023
Today: 9/25/2023
Ex-Dividend for 10/13 Dividend: 9/28/2023
Dividend Payable: 10/13/2023
Next Earnings (Estimated): 11/01/2023

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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: 172
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $11.94
High Stock Price Forecast: $13.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: +134.1%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 5.34
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

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Key Executives

Mr. Samir A. Manji CPA (Age 54)
CA, CPA, Pres, CEO & Trustee
Comp: $743.96k

Ms. Jaclyn Koenig CA
Chief Financial Officer

Ms. Kim Riley (Age 39)
Chief Operating Officer
Comp: $361.53k

Mr. Philip Martens
Exec. VP of U.S. Region

Mr. Leon R. Wilkosz
Sr. VP of Asset Management - Wisconsin

Ms. Danielle Robert
VP of Accounting

Ms. Heather Nikkel
Sr. VP of Investor Relations & Sustainability

Ms. Kara Watson
VP of Legal

Ms. Jayelle Morris
VP of HR

Mr. Brad Goerzen
Sr. VP of Leasing - Central Region

Key Competitors

View All Competitors

ARESF Stock - Frequently Asked Questions

What is Artis Real Estate Investment Trust's stock price forecast for 2023?: 0 Wall Street research analysts have issued 1-year price objectives for Artis Real Estate Investment Trust's shares. Their ARESF share price forecasts range from $11.00 to $13.00. On average, they expect the company's share price to reach $11.94 in the next twelve months. This suggests a possible upside of 134.1% 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 2023. Since then, ARESF shares have decreased by 23.3% and is now trading at $5.10.
View the best growth stocks for 2023 here.
Are investors shorting Artis Real Estate Investment Trust?: Artis Real Estate Investment Trust saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 495,400 shares, an increase of 75.9% from the August 15th total of 281,600 shares. Based on an average daily trading volume, of 4,000 shares, the short-interest ratio is currently 123.9 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, November 1st 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 Thursday, September 21st. Shareholders of record on Friday, September 29th will be paid a dividend of $0.037 per share on Friday, October 13th. This represents a yield of 8.4%. The ex-dividend date of this dividend is Thursday, September 28th.
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 172 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 9/25/2023 by MarketBeat.com Staff

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