Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company's objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis' units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario. The Company's properties are diversified across industrial, retail, and office asset classes, and geographically across western Canada, Ontario, and in select markets in the United States. Its REIT portfolio includes over 250 commercial properties totaling approximately 26.2 million square feet of gross leasable area. Artis' portfolio includes Hudson's Bay Centre, Union Crossings II, Cargill R&D, Stampede Station II, Park 8Ninety, 601 Tower at Carlson, Corridor Park, Crowfoot Village, Shoppes of St. Vital and Union Crossings III.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:AX
- CUSIP: N/A
- Web: www.artisreit.com
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: N/A
Profitability:- Net Margins: 29.77%
- Return on Equity: 5.88%
- Return on Assets: 2.88%
Frequently Asked Questions for Artis Real Estate Investment Trust (TSE:AX)
What is Artis Real Estate Investment Trust's stock symbol?
Artis Real Estate Investment Trust trades on the Tornton Stock Exchange (TSX) under the ticker symbol "AX."
How often does Artis Real Estate Investment Trust pay dividends? What is the dividend yield for Artis Real Estate Investment Trust?
Artis Real Estate Investment Trust announced a monthly dividend on Wednesday, August 16th. Stockholders of record on Thursday, August 31st will be given a dividend of 0.09 per share on Friday, September 15th. This represents a $1.08 annualized dividend and a dividend yield of Infinity. The ex-dividend date is Tuesday, August 29th. View Artis Real Estate Investment Trust's Dividend History.
How were Artis Real Estate Investment Trust's earnings last quarter?
Artis Real Estate Investment Trust (TSE:AX) released its quarterly earnings data on Thursday, August, 7th. The company reported $0.35 EPS for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.01. The firm had revenue of $119.90 million for the quarter. Artis Real Estate Investment Trust had a return on equity of 5.88% and a net margin of 29.77%. View Artis Real Estate Investment Trust's Earnings History.
When will Artis Real Estate Investment Trust make its next earnings announcement?
Who are some of Artis Real Estate Investment Trust's key competitors?
Some companies that are related to Artis Real Estate Investment Trust include Colliers International Group (CIG), Kirkland Lake Gold Ltd (NMI), Osisko Mining Corp (OBM), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Enbridge (ENB), Canadian National Railway Company (CNR), Suncor Energy (SU), Bank of Montreal (BMO), TransCanada (TRP), BCE (BCE), Canadian Natural Resources Limited (CNQ), Manulife Financial Corp. (MFC), Canadian Imperial Bank of Commerce (CM), Thomson Reuters Corp (TRI), Great-West Lifeco (GWO), Imperial Oil Ltd (IMO) and Sun Life Financial (SLF).
Who are Artis Real Estate Investment Trust's key executives?
Artis Real Estate Investment Trust's management team includes the folowing people:
- Edward L. Warkentin, Independent Chairman of the Board of Trustees
- Armin Martens, President, Chief Executive Officer, Trustee
- James Green, Chief Financial Officer
- David Johnson, Executive Vice President - Asset Management, Central Region
- Philip Martens, Executive Vice-President - U.S. Region
- Frank Sherlock, Executive Vice President - Property Management
- Dennis Wong, Executive Vice President - Asset Management, Western Region
- John Mah, Senior Vice President - Asset Management, Eastern Region
- Bruce William James Jack, Independent Trustee
- Cornelius Martens, Trustee
How do I buy Artis Real Estate Investment Trust stock?
Shares of Artis Real Estate Investment Trust and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
MarketBeat Community Rating for Artis Real Estate Investment Trust (TSE AX)MarketBeat's community ratings are surveys of what our community members think about Artis Real Estate Investment Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Artis Real Estate Investment Trust (TSE:AX) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Artis Real Estate Investment Trust (TSE:AX)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 5/10/2017 | Desjardins | Downgrade | Buy -> Hold | |  |
(Data available from 9/19/2015 forward)
Earnings History for Artis Real Estate Investment Trust (TSE:AX)Earnings History by Quarter for Artis Real Estate Investment Trust (TSE AX)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | | | | | | | |
| 8/7/2014 | | C$0.36 | C$0.35 | | C$119.90 million | View | N/A | |
| 5/8/2014 | | C$0.36 | C$0.36 | | C$123.65 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Artis Real Estate Investment Trust (TSE:AX)2017 EPS Consensus Estimate: $1.45
2018 EPS Consensus Estimate: $1.50
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | $0.36 | $0.38 | $0.37 |
| Q2 2017 | 3 | $0.35 | $0.38 | $0.37 |
| Q3 2017 | 3 | $0.35 | $0.36 | $0.36 |
| Q4 2017 | 3 | $0.35 | $0.37 | $0.36 |
| Q1 2018 | 1 | $0.37 | $0.37 | $0.37 |
| Q2 2018 | 1 | $0.37 | $0.37 | $0.37 |
| Q3 2018 | 1 | $0.38 | $0.38 | $0.38 |
| Q4 2018 | 1 | $0.38 | $0.38 | $0.38 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Artis Real Estate Investment Trust (TSE AX)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/16/2017 | Monthly | $0.09 | | 8/29/2017 | 8/31/2017 | 9/15/2017 |
| 7/19/2017 | Monthly | $0.09 | | 7/27/2017 | 7/31/2017 | 8/15/2017 |
(Data available from 1/1/2013 forward)
Insider Trading History for Artis Real Estate Investment Trust (TSE:AX)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Artis Real Estate Investment Trust (TSE:AX)
Latest Headlines for Artis Real Estate Investment Trust (TSE:AX)
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Artis Real Estate Investment Trust (AX) Chart for Tuesday, September, 19, 2017
