S&P 500   3,768.25
DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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TSE:AX.UN

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

C$10.67
-0.05 (-0.47 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
C$10.55
Now: C$10.67
C$10.77
50-Day Range
C$10.43
MA: C$10.76
C$11.36
52-Week Range
C$5.41
Now: C$10.67
C$13.67
Volume237,632 shs
Average Volume248,978 shs
Market CapitalizationC$1.44 billion
P/E Ratio5,335.00
Dividend Yield5.19%
BetaN/A
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.
Artis Real Estate Investment Trust Unit logo

MarketRank

Overall MarketRank

1.08 out of 5 stars

Analyst Opinion: 1.2Community Rank: 1.9Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry REIT - Diversified
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-204-9471250
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$479.86 million
Cash FlowC$0.26 per share
Book ValueC$15.58 per share

Profitability

Miscellaneous

Market CapC$1.44 billion
Next Earnings DateN/A
OptionableNot Optionable
C$10.67
-0.05 (-0.47 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Artis Real Estate Investment Trust Unit (TSE:AX.UN) Frequently Asked Questions

How has Artis Real Estate Investment Trust Unit's stock been impacted by COVID-19 (Coronavirus)?

Artis Real Estate Investment Trust Unit's stock was trading at C$11.39 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AX.UN stock has decreased by 6.3% and is now trading at C$10.67.
View which stocks have been most impacted by COVID-19
.

Is Artis Real Estate Investment Trust Unit a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Artis Real Estate Investment Trust Unit in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Artis Real Estate Investment Trust Unit?

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

How often does Artis Real Estate Investment Trust Unit pay dividends? What is the dividend yield for Artis Real Estate Investment Trust Unit?

Artis Real Estate Investment Trust Unit declared a monthly dividend on Wednesday, December 30th. Stockholders of record on Friday, January 15th will be given a dividend of 0.0464 per share on Friday, January 15th. This represents a $0.56 dividend on an annualized basis and a yield of 5.22%. The ex-dividend date of this dividend is Wednesday, December 30th. This is a positive change 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
.

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

Artis Real Estate Investment Trust Unit pays an annual dividend of C$0.54 per share and currently has a dividend yield of 5.19%. 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 27,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Artis Real Estate Investment Trust Unit's dividend history.

What price target have analysts set for AX.UN?

5 brokers have issued 1-year price objectives for Artis Real Estate Investment Trust Unit's stock. Their forecasts range from C$10.00 to C$12.00. On average, they expect Artis Real Estate Investment Trust Unit's share price to reach C$11.03 in the next twelve months. 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 Wall Street analyst' top-rated stocks.

Who are some of Artis Real Estate Investment Trust Unit's key competitors?

Who are Artis Real Estate Investment Trust Unit's key executives?

Artis Real Estate Investment Trust Unit's management team includes the following people:
  • Mr. Armin Martens P.Eng., M.B.A., Pres, CEO & Trustee (Age 63)
  • Mr. James Green C.A., Chief Financial Officer (Age 61)
  • Mr. Frank Sherlock, Exec. VP of Property Management
  • Mr. Philip Martens, Exec. VP of US Region
  • Ms. Jaclyn Koenig, VP of Corp. Accounting

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 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.

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$10.67.

How big of a company is Artis Real Estate Investment Trust Unit?

Artis Real Estate Investment Trust Unit has a market capitalization of C$1.44 billion and generates C$479.86 million in revenue each year.

What is Artis Real Estate Investment Trust Unit's official website?

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

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 company can be reached via phone at +1-204-9471250.

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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