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) Add Compare Share Share Today's RangeC$6.59▼C$6.7150-Day RangeC$6.65▼C$7.1752-Week RangeC$6.58▼C$9.90Volume428,146 shsAverage Volume509,999 shsMarket CapitalizationC$721.66 millionP/E RatioN/ADividend Yield9.02%Price TargetC$8.45 ProfileProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlinesSocial Media Artis Real Estate Investment Trust Unit MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside27.1% UpsideC$8.45 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.0 Analyst's Opinion Consensus RatingArtis Real Estate Investment Trust Unit has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$8.45, Artis Real Estate Investment Trust Unit has a forecasted upside of 27.1% from its current price of C$6.65.Amount of Analyst CoverageArtis Real Estate Investment Trust Unit has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for AX.UN. Previous Next 1.7 Dividend Strength Dividend LeadershipArtis Real Estate Investment Trust Unit is a leading dividend payer. It pays a dividend yield of 9.00%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthArtis Real Estate Investment Trust Unit does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AX.UN. Previous Next 3.0 News and Social Media Coverage News SentimentArtis Real Estate Investment Trust Unit has a news sentiment score of 1.38. 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 higher news sentiment than the 0.50 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 1 news article for Artis Real Estate Investment Trust Unit this week, compared to 0 articles on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Artis Real Estate Investment Trust Unit insiders have not sold or bought any company stock.Percentage Held by Insiders16.82% of the stock of Artis Real Estate Investment Trust Unit is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 35.11% of the stock of Artis Real Estate Investment Trust Unit is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Artis Real Estate Investment Trust Unit is -2.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Artis Real Estate Investment Trust Unit is -2.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioArtis Real Estate Investment Trust Unit has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Artis Real Estate Investment Trust Unit (TSE:AX.UN) StockArtis 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.Read More AX.UN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AX.UN Stock News HeadlinesSeptember 27, 2023 | americanbankingnews.comArtis Real Estate Investment Trust Unit (TSE:AX.UN) Share Price Crosses Below 200-Day Moving Average of $7.14September 19, 2023 | americanbankingnews.comArtis Real Estate Investment Trust Unit (TSE:AX.UN) Shares Cross Below Two Hundred Day Moving Average of $7.22September 28, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere'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.May 13, 2023 | fool.comArtis Real Estate Investment Trust (OTC: ARESF)April 12, 2023 | theglobeandmail.comClosing Bell: Artis Real Estate Investment Trust Units up on Monday (AX-UN)March 2, 2023 | fool.caWant a High Yield? 3 Things to Watch for in Artis Real Estate Investment TrustNovember 14, 2022 | yahoo.comSANDPIPER GROUP CONTINUES TO INCREASE POSITION IN ARTIS REAL ESTATE INVESTMENT TRUST TO OVER 16%October 4, 2022 | ca.finance.yahoo.comARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES TIMING OF RELEASE OF Q3-22 RESULTS AND CONFERENCE CALLSeptember 28, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere'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.July 28, 2022 | seekingalpha.comIndependence Realty Trust, Inc. (IRT) CEO Scott Schaeffer on Q2 2022 Results - Earnings Call TranscriptJune 1, 2022 | yahoo.comARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES PUBLICATION OF 2021 ESG REPORTApril 29, 2022 | stockhouse.comARTIS REAL ESTATE INVESTMENT TRUST COMPLETES OFFERING OF $200 MILLION OF 5.60% SERIES E SENIOR UNSECURED DEBENTURESMarch 1, 2022 | stockhouse.comARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED PRIVATIZATION OF COMINAR REITDecember 30, 2021 | baystreet.caWhy I’m Buying This Surging REIT TodayDecember 30, 2021 | baystreet.caHEADLINE: Why I’m Buying This Surging REIT TodayDecember 20, 2021 | ca.finance.yahoo.comARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES SPECIAL DISTRIBUTION OF $2.39 PER TRUST UNITOctober 25, 2021 | fool.caARTIS REAL ESTATE INVESTMENT TRUST UNITSJuly 16, 2021 | markets.businessinsider.comArtis Real Estate Investment Trust Closes the Sale of GTA Industrial PortfolioJune 29, 2021 | markets.businessinsider.comArtis Real Estate Investment Trust Announces Timing of Release of Q2-21 Results and WebcastJune 23, 2021 | sg.finance.yahoo.comArtis Real Estate Investment Trust (AX-PI.TO)May 6, 2021 | markets.businessinsider.comArtis Real Estate Investment Trust Releases First Quarter ResultsDecember 19, 2020 | stockhouse.comArtis Real Estate Investment Trust Preferred Units Series A ARESFDecember 2, 2020 | markets.businessinsider.comSandpiper Increases Investment in Artis REIT to 10%November 30, 2020 | theglobeandmail.comArtis REIT, Sandpiper end proxy fight with Artis CEO, CFO exitingNovember 30, 2020 | msn.comArtis REIT reaches deal with private equity firm seeking changes, CEO to retireNovember 8, 2020 | seekingalpha.comArtis Real Est In Tr's (ARESF) CEO Armin Martens on Q3 2020 Results - Earnings Call TranscriptOctober 29, 2020 | markets.businessinsider.comArtis Real Estate Investment Trust announces changes to its board and committee compositionSee More Headlines Receive AX.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Artis Real Estate Investment Trust Unit and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE Industry REIT - Diversified Sub-IndustryN/A SectorReal Estate Current SymbolTSE:AX.UN CUSIPN/A CIKN/A Webwww.artisreit.com Phone+1-204-9471250FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price ForecastC$8.45 High Stock Price ForecastC$10.50 Low Stock Price ForecastC$7.25 Forecasted Upside/Downside+27.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C($2.92) Trailing P/E RatioN/A Forward P/E Ratio10.26 P/E GrowthN/ANet IncomeC$-343,980,000.00 Net Margins-141.19% Pretax MarginN/A Return on Equity-14.52% Return on Assets0.92% Debt Debt-to-Equity Ratio94.30 Current Ratio0.29 Quick Ratio0.07 Sales & Book Value Annual SalesC$234.06 million Price / Sales3.08 Cash FlowC$0.84 per share Price / Cash Flow7.87 Book ValueC$16.45 per share Price / Book0.40Miscellaneous Outstanding Shares108,520,000Free FloatN/AMarket CapC$721.66 million OptionableNot Optionable Beta1.11 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Armin Martens P.Eng. (Age 63)M.B.A., Pres, CEO & Trustee Mr. James Green C.A. (Age 61)Chief Financial Officer Mr. Frank SherlockExec. VP of Property ManagementMr. Philip MartensExec. VP of US RegionMs. Jaclyn KoenigVP of Corp. AccountingKey CompetitorsAutomotive Properties Real Est Invt TRTSE:APR.UNMorguard Real Estate Inv.TSE:MRT.UNDream Hard Asset Alternatives TrustTSE:DRA.UNBTB Real Estate Investment TrustTSE:BTB.UNTrue North Commercial REITTSE:TNT.UNView All CompetitorsInsidersSamir Aziz ManjiBought 10,000 shares on 3/3/2023Total: C$87,400.00 ($8.74/share)Philip MartensBought 150 shares on 12/7/2022Total: C$1,389.24 ($9.26/share)Salim ManjiBought 5,000 shares on 11/10/2022Total: C$46,492.50 ($9.30/share)Philip MartensBought 150 shares on 9/28/2022Total: C$1,342.89 ($8.95/share)View All Insider Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Artis Real Estate Investment Trust Unit Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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