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$25.61 to C$25.61
• 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

Artis Real Estate Investment Trust Unit Stock Analysis - MarketRank™

Artis Real Estate Investment Trust Unit scored higher than 5% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.5 / 5
• Analyst Rating: Sell

Consensus Rating

Artis Real Estate Investment Trust Unit has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

Downside Risk

Artis Real Estate Investment Trust Unit has a consensus price target of C$7.50, representing about 70.7% downside from its current price of C$25.61.

Amount of Analyst Coverage

Artis Real Estate Investment Trust Unit has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Artis Real Estate Investment Trust Unit is -29.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Artis Real Estate Investment Trust Unit is -29.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Artis Real Estate Investment Trust Unit has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AX.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Artis Real Estate Investment Trust Unit is a leading dividend payer. It pays a dividend yield of 6.80%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Artis Real Estate Investment Trust Unit does not have a long track record of dividend growth.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

Artis Real Estate Investment Trust Unit has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Real Estate companies.

Company Ownership

• Score: 0.9 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Artis Real Estate Investment Trust Unit insiders have not sold or bought any company stock.

Percentage Held by Insiders

17.67% of the stock of Artis Real Estate Investment Trust Unit is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

19.63% of the stock of Artis Real Estate Investment Trust Unit is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: Diversified REITs
• Sub-Industry: Diversified REITs
• 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