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

Company Overview

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States.

Key Stats

• Today's Range: C$25.52 to C$26.59
• 50-Day Range: C$18.41 to C$26.38
• 52-Week Range: C$5.88 to C$10.10
• Volume: 72,340 shs
• Average Volume: 278,855 shs
• Market Capitalization: C$2.46 billion
• P/E Ratio: N/A
• Dividend Yield: 2.34%
• Price Target: C$7.50
• Consensus Rating: Sell

AX.UN Stock Analysis - Frequently Asked Questions

How have AX.UN shares performed this year?

Artis Real Estate Investment Trust Unit's stock was trading at C$8.01 at the start of the year. Since then, AX.UN stock has increased by 219.7% and is now trading at C$25.61.

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.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Diversified
• Sub-Industry: N/A
• Current Symbol: TSE:AX.UN
• CIK: N/A
• Web: www.artisreit.com
• Phone: +1-204-9471250
• Fax: N/A
• Employees: 169
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Artis Real Estate Investment Trust Unit: C$7.50
• High Price Target: C$7.50
• Low Price Target: C$7.50
• Potential Upside/Downside: -70.7%
• Consensus Rating: Sell
• Rating Score (0-4): 1.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.87)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 53.05
• P/E Growth: N/A
• Net Income: -C$244.09 million
• Net Margins: -114.89%
• Pretax Margin: N/A
• Return on Equity: -12.55%
• Return on Assets: 0.79%

Debt

• Debt-to-Equity Ratio: 104.62
• Current Ratio: 0.78
• Quick Ratio: 0.07

Sales & Book Value

• Annual Sales: C$249.75 million
• Price / Sales: 9.84
• Cash Flow: C$3.25 per share
• Price / Cash Flow: 7.87
• Book Value: C$14.30 per share
• Price / Book: 1.79

Miscellaneous

• Outstanding Shares: 95,966,000
• Free Float: N/A
• Market Cap: C$2.46 billion
• Optionable: Not Optionable
• Beta: 0.78