Artis Real Estate Investment Trust Unit Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Artis Real Estate Investment Trust Unit in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Artis Real Estate Investment Trust Unit stock. 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 analyst ratings for Artis Real Estate Investment Trust Unit or view top-rated stocks.

Wall Street analysts have given Artis Real Estate Investment Trust Unit a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Artis Real Estate Investment Trust Unit wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Artis Real Estate Investment Trust Unit's stock was trading at C$11.39 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AX.UN stock has increased by 3.3% and is now trading at C$11.77.
View which stocks have been most impacted by COVID-19.

Artis Real Estate Investment Trust Unit announced a monthly dividend on Wednesday, December 30th. Shareholders of record on Friday, January 15th will be paid a dividend of 0.0464 per share on Friday, January 15th. This represents a $0.56 annualized dividend and a dividend yield of 4.73%. The ex-dividend date is Wednesday, December 30th. This is an increase from Artis Real Estate Investment Trust Unit's previous monthly dividend of C$0.05.
View Artis Real Estate Investment Trust Unit's dividend history.

Artis Real Estate Investment Trust Unit pays an annual dividend of C$0.55 per share and currently has a dividend yield of 5.09%. AX.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Artis Real Estate Investment Trust Unit is 39.64%. This payout ratio is at a healthy, sustainable level, below 75%.
View Artis Real Estate Investment Trust Unit's dividend history.

4 brokerages have issued 12-month price targets for Artis Real Estate Investment Trust Unit's shares. Their forecasts range from C$11.00 to C$13.00. On average, they anticipate Artis Real Estate Investment Trust Unit's share price to reach C$12.17 in the next year. This suggests a possible upside of 3.4% from the stock's current price.
View analysts' price targets for Artis Real Estate Investment Trust Unit or view top-rated stocks among Wall Street analysts.

Some companies that are related to Artis Real Estate Investment Trust Unit include H&R Real Estate Investment Trust (HR.UN), The Unite Group (UTG), Derwent London (DLN), Crombie Real Estate Investment Trust (CRR.UN), Cominar REIT (CUF.UN), Great Portland Estates (GPOR), Secure Income REIT (SIR), GCP Student Living (DIGS), LXI REIT (LXI), Hibernia REIT (HBRN), BMO Commercial Property Trust (BCPT), Hamborner REIT (HAB), True North Commercial REIT (TNT.UN), Prs Reit (PRSR) and Automotive Properties Real Est Invt TR (APR.UN).
View all of AX.UN's competitors.

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

Shares of AX.UN 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.

One share of AX.UN stock can currently be purchased for approximately C$11.77.

Artis Real Estate Investment Trust Unit has a market capitalization of C$1.53 billion and generates C$468.12 million in revenue each year.

The official website for Artis Real Estate Investment Trust Unit is www.artisreit.com.

Artis Real Estate Investment Trust Unit is headquartered at 300-360 Main St, WINNIPEG, MB R3C 3Z3, Canada.

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