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

Company Overview

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

Key Stats

• Today's Range: C$6.99 to C$7.22
• 50-Day Range: C$6.56 to C$7.85
• 52-Week Range: C$6.27 to C$8.38
• Volume: 274,154 shs
• Average Volume: 160,902 shs
• Market Capitalization: C$741.85 million
• P/E Ratio: N/A
• Dividend Yield: 8.40%
• Price Target: C$7.50
• Consensus Rating: Hold

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$7.36 on January 1st, 2025. Since then, AX.UN stock has decreased by 3.0% and is now trading at C$7.14.
View the best growth stocks for 2025 here.

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 Stock Price Target: C$7.50
• High Stock Price Target: C$7.50
• Low Stock Price Target: C$7.50
• Potential Upside/Downside: +5.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($2.22)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 14.79
• P/E Growth: N/A
• Net Income: C$-244,090,000.00
• 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$200.81 million
• Price / Sales: 3.69
• Cash Flow: C$0.91 per share
• Price / Cash Flow: 7.87
• Book Value: C$14.30 per share
• Price / Book: 0.50

Miscellaneous

• Outstanding Shares: 103,900,000
• Free Float: N/A
• Market Cap: C$741.85 million
• Optionable: Not Optionable
• Beta: 1.20