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S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
Laser breakthrough could send stock soaring 2,467% (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Laser breakthrough could send stock soaring 2,467% (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
Laser breakthrough could send stock soaring 2,467% (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Laser breakthrough could send stock soaring 2,467% (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
Laser breakthrough could send stock soaring 2,467% (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Laser breakthrough could send stock soaring 2,467% (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
TSE:AX.UN

Artis Real Estate Investment Trust Unit (AX.UN) Stock Forecast, Price & News

C$6.65
-0.02 (-0.30%)
(As of 09/27/2023 ET)
Compare
Today's Range
C$6.59
C$6.71
50-Day Range
C$6.65
C$7.17
52-Week Range
C$6.58
C$9.90
Volume
428,146 shs
Average Volume
509,999 shs
Market Capitalization
C$721.66 million
P/E Ratio
N/A
Dividend Yield
9.02%
Price Target
C$8.45

Artis Real Estate Investment Trust Unit MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
27.1% Upside
C$8.45 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

1.97 out of 5 stars


AX.UN stock logo

About Artis Real Estate Investment Trust Unit (TSE:AX.UN) Stock

Artis is a diversified Canadian real estate investment trust investing in office, retail and industrial properties. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and select markets in the United States. As of December 31, 2018, Artis' commercial property comprises approximately 25.1 million square feet of leasable area.

AX.UN Price History

AX.UN Stock News Headlines

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There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
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There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Why I’m Buying This Surging REIT Today
HEADLINE: Why I’m Buying This Surging REIT Today
ARTIS REAL ESTATE INVESTMENT TRUST UNITS
Artis Real Estate Investment Trust (AX-PI.TO)
Sandpiper Increases Investment in Artis REIT to 10%
See More Headlines
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Industry, Sector and Symbol

Industry
REIT - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$8.45
High Stock Price Forecast
C$10.50
Low Stock Price Forecast
C$7.25
Forecasted Upside/Downside
+27.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
C$-343,980,000.00
Net Margins
-141.19%
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$234.06 million
Cash Flow
C$0.84 per share
Book Value
C$16.45 per share

Miscellaneous

Free Float
N/A
Market Cap
C$721.66 million
Optionable
Not Optionable
Beta
1.11
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Key Executives

  • Mr. Armin Martens P.Eng. (Age 63)
    M.B.A., Pres, CEO & Trustee
  • Mr. James Green C.A. (Age 61)
    Chief Financial Officer
  • Mr. Frank Sherlock
    Exec. VP of Property Management
  • Mr. Philip Martens
    Exec. VP of US Region
  • Ms. Jaclyn Koenig
    VP of Corp. Accounting













AX.UN Stock - Frequently Asked Questions

Should I buy or sell Artis Real Estate Investment Trust Unit stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Artis Real Estate Investment Trust Unit in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AX.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AX.UN, but not buy additional shares or sell existing shares.
View AX.UN analyst ratings
or view top-rated stocks.

What is Artis Real Estate Investment Trust Unit's stock price forecast for 2023?

3 equities research analysts have issued 1-year price targets for Artis Real Estate Investment Trust Unit's shares. Their AX.UN share price forecasts range from C$7.25 to C$10.50. On average, they predict the company's share price to reach C$8.45 in the next year. This suggests a possible upside of 27.1% from the stock's current price.
View analysts price targets for AX.UN
or view top-rated stocks among Wall Street analysts.

How have AX.UN shares performed in 2023?

Artis Real Estate Investment Trust Unit's stock was trading at C$9.01 at the beginning of 2023. Since then, AX.UN shares have decreased by 26.2% and is now trading at C$6.65.
View the best growth stocks for 2023 here
.

Is Artis Real Estate Investment Trust Unit a good dividend stock?

Artis Real Estate Investment Trust Unit (TSE:AX.UN) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 9.00%. AX.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for AX.UN.

What is Artis Real Estate Investment Trust Unit's stock symbol?

Artis Real Estate Investment Trust Unit trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AX.UN."

How do I buy shares of Artis Real Estate Investment Trust Unit?

Shares of AX.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Artis Real Estate Investment Trust Unit's stock price today?

One share of AX.UN stock can currently be purchased for approximately C$6.65.

How much money does Artis Real Estate Investment Trust Unit make?

Artis Real Estate Investment Trust Unit (TSE:AX.UN) has a market capitalization of C$721.66 million and generates C$234.06 million in revenue each year. The company earns C$-343,980,000.00 in net income (profit) each year or C($2.92) on an earnings per share basis.

How can I contact Artis Real Estate Investment Trust Unit?

Artis Real Estate Investment Trust Unit's mailing address is 300-360 Main St, WINNIPEG, MB R3C 3Z3, Canada. The official website for the company is www.artisreit.com. The company can be reached via phone at +1-204-9471250.

This page (TSE:AX.UN) was last updated on 9/28/2023 by MarketBeat.com Staff

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