Artis Real Estate Investment Trust Company Profile (TSE:AX)

About Artis Real Estate Investment Trust (TSE:AX)

Artis Real Estate Investment Trust logoArtis 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?

Artis Real Estate Investment Trust is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Artis Real Estate Investment Trust.

Who are some of Artis Real Estate Investment Trust's key competitors?

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)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  20 (Vote Outperform)
Underperform Votes:  20 (Vote Underperform)
Total Votes:  40
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.

Analyst Ratings

Consensus Ratings for Artis Real Estate Investment Trust (TSE:AX) (How are Consensus Ratings Calculated?)
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:
DateFirmActionRatingPrice TargetDetails
5/10/2017DesjardinsDowngradeBuy -> HoldView Rating Details
(Data available from 9/19/2015 forward)

Earnings

Earnings History for Artis Real Estate Investment Trust (TSE:AX)
Earnings by Quarter for Artis Real Estate Investment Trust (TSE:AX)
Earnings History by Quarter for Artis Real Estate Investment Trust (TSE AX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017        
8/7/2014C$0.36C$0.35C$119.90 millionViewN/AView Earnings Details
5/8/2014C$0.36C$0.36C$123.65 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Artis Real Estate Investment Trust (TSE:AX)
2017 EPS Consensus Estimate: $1.45
2018 EPS Consensus Estimate: $1.50
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.36$0.38$0.37
Q2 20173$0.35$0.38$0.37
Q3 20173$0.35$0.36$0.36
Q4 20173$0.35$0.37$0.36
Q1 20181$0.37$0.37$0.37
Q2 20181$0.37$0.37$0.37
Q3 20181$0.38$0.38$0.38
Q4 20181$0.38$0.38$0.38
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Artis Real Estate Investment Trust (TSE AX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/16/2017Monthly$0.098/29/20178/31/20179/15/2017
7/19/2017Monthly$0.097/27/20177/31/20178/15/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Artis Real Estate Investment Trust (TSE:AX)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Artis Real Estate Investment Trust (TSE:AX)
Latest Headlines for Artis Real Estate Investment Trust (TSE:AX)
Source:
DateHeadline
reuters.com logoAustralia's Cromwell seeks up to $1.1 billion with Singapore REIT offering - IFR
www.reuters.com - September 18 at 4:40 PM
reuters.com logoAustralia's Cromwell to float $1.1 billion REIT in Singapore
www.reuters.com - September 11 at 2:01 AM
americanbankingnews.com logoArtis Real Estate Investment Trust (AX) Plans Monthly Dividend of $0.09
www.americanbankingnews.com - August 17 at 9:42 AM
americanbankingnews.com logoAnalysts Issue Forecasts for Artis Real Estate Investment Trust's Q3 2017 Earnings (TSE:AX)
www.americanbankingnews.com - August 11 at 11:40 AM
americanbankingnews.com logoArtis Real Estate Investment Trust to Post FY2018 Earnings of $1.45 Per Share, National Bank Financial Forecasts (TSE:AX)
www.americanbankingnews.com - August 10 at 12:38 PM
americanbankingnews.com logoFY2018 Earnings Estimate for Artis Real Estate Investment Trust Issued By Desjardins (TSE:AX)
www.americanbankingnews.com - August 10 at 12:38 PM
americanbankingnews.com logoRaymond James Financial Comments on Artis Real Estate Investment Trust's Q4 2017 Earnings (TSE:AX)
www.americanbankingnews.com - August 10 at 10:46 AM
americanbankingnews.com logoArtis Real Estate Investment Trust to Post Q4 2017 Earnings of $0.35 Per Share, Desjardins Forecasts (AX)
www.americanbankingnews.com - August 9 at 11:22 AM
nasdaq.com logoThis Stock Has A 8.17% Yield And Sells For Less Than Book
www.nasdaq.com - August 3 at 5:39 PM
americanbankingnews.com logoArtis Real Estate Investment Trust (AX) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - July 27 at 4:08 PM
americanbankingnews.com logoArtis Real Estate Investment Trust Announces Monthly Dividend of $0.09 (AX)
www.americanbankingnews.com - July 22 at 1:50 PM
nasdaq.com logoCash Dividend On The Way From Artis Real Estate Investment Trust's Preferred Units, Series A
www.nasdaq.com - June 26 at 4:22 PM
americanbankingnews.com logoFY2017 Earnings Estimate for Artis Real Estate Investment Trust Issued By National Bank Financial (AX)
www.americanbankingnews.com - May 15 at 8:36 AM
americanbankingnews.com logoQ1 2018 Earnings Forecast for Artis Real Estate Investment Trust (AX) Issued By Raymond James Financial
www.americanbankingnews.com - May 12 at 4:04 PM
americanbankingnews.com logoFY2017 EPS Estimates for Artis Real Estate Investment Trust Increased by Analyst (AX)
www.americanbankingnews.com - May 12 at 12:14 PM
americanbankingnews.com logoFY2018 EPS Estimates for Artis Real Estate Investment Trust Raised by Analyst (AX)
www.americanbankingnews.com - May 11 at 2:34 PM
americanbankingnews.com logoArtis Real Estate Investment Trust to Post Q2 2017 Earnings of $0.35 Per Share, Desjardins Forecasts (AX)
www.americanbankingnews.com - May 11 at 7:40 AM
americanbankingnews.com logoDesjardins Lowers Artis Real Estate Investment Trust (AX) to Hold
www.americanbankingnews.com - May 11 at 7:35 AM
finance.yahoo.com logoResearch Reports Initiated on REITs Stocks Allied Properties REIT, Boardwalk REIT, Dream Office REIT, and Artis REIT
finance.yahoo.com - March 27 at 9:40 AM
fool.ca logoLike Big Yield? Then You'll Love These +6% Dividends | The Motley ... - The Motley Fool Canada
www.fool.ca - March 21 at 12:27 PM
finance.yahoo.com logoArtis Real Estate Investment Trust Announces Appointment of Bruce ... - Yahoo Finance
finance.yahoo.com - March 21 at 12:27 PM
finance.yahoo.com logoArtis Real Estate Investment Trust Announces Passing of a Trustee - Yahoo Finance
finance.yahoo.com - March 14 at 7:07 AM
bizjournals.com logoIIROC Trade Resumption - AX.DB.U
www.bizjournals.com - February 27 at 3:48 PM
nasdaq.com logoArtis Real Estate Investment Trust's Preferred Units, Series A Goes Ex-Dividend Soon
www.nasdaq.com - December 27 at 4:03 PM
finance.yahoo.com logoArtis Real Estate Investment Trust Announces Quarterly Cash Distributions - Yahoo Finance
finance.yahoo.com - December 15 at 8:37 PM
reuters.com logoBRIEF-Artis Real Estate Investment Trust announces renewal of normal course issuer bid
www.reuters.com - December 15 at 3:35 PM
fool.ca logoIt's Time to Get Greedy and Buy These 3 Outrageously Cheap Value Stocks - The Motley Fool Canada
www.fool.ca - December 7 at 4:25 PM
fool.ca logoHow to Get Income and Price Appreciation From REITs
www.fool.ca - November 24 at 12:48 PM
fool.ca logoDo You Need More Income? This Beaten-Down REIT Yields +9%
www.fool.ca - November 8 at 2:16 PM
fool.ca logo3 Reasons to Buy Artis Real Estate Investment Trust Today
www.fool.ca - October 15 at 8:32 AM
fool.ca logoIncome Investors: This Blue-Chip REIT Has Paid 117 Consecutive Dividends
www.fool.ca - October 3 at 3:38 PM
fool.ca logoCollect $1,000 Per Month From Artis Real Estate Investment Trust
www.fool.ca - September 7 at 3:40 PM

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Chart

Artis Real Estate Investment Trust (AX) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff