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TSE:AX.UN

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

C$9.41
-0.10 (-1.05%)
(As of 09/27/2022 01:06 PM ET)
Add
Compare
Today's Range
C$9.41
C$9.57
50-Day Range
C$9.51
C$11.94
52-Week Range
C$9.41
C$13.76
Volume
116,017 shs
Average Volume
368,695 shs
Market Capitalization
C$1.09 billion
P/E Ratio
3.78
Dividend Yield
6.31%
Price Target
C$13.31

Artis Real Estate Investment Trust Unit MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
41.3% Upside
C$13.31 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$195,660 Bought Last Quarter
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.

2.57 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.

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AX.UN Stock News Headlines

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%
IIROC Trade Resumption - AX.UN
IIROC Trading Halt - AX.UN
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$13.31
High Stock Price Forecast
C$15.00
Low Stock Price Forecast
C$11.50
Forecasted Upside/Downside
+41.5%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$564.10 million
Cash Flow
C$0.61 per share
Book Value
C$19.56 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.09 billion
Optionable
Not Optionable
Beta
N/A

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?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Artis Real Estate Investment Trust Unit in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 2022?

6 brokerages have issued twelve-month price targets for Artis Real Estate Investment Trust Unit's shares. Their AX.UN share price forecasts range from C$11.50 to C$15.00. On average, they expect the company's share price to reach C$13.31 in the next twelve months. This suggests a possible upside of 40.0% 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 2022?

Artis Real Estate Investment Trust Unit's stock was trading at C$11.94 at the beginning of the year. Since then, AX.UN shares have decreased by 20.4% and is now trading at C$9.51.
View the best growth stocks for 2022 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 6.19%. AX.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 24.10%. This payout ratio is at a healthy, sustainable level, below 75%.
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$9.51.

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$1.10 billion and generates C$564.10 million in revenue each year.

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 9/27/2022 by MarketBeat.com Staff

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