TSE:AX - Artis REIT Stock Price, Price Target & More

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C$13.72 -0.01 (-0.07 %)
(As of 05/20/2018 04:00 PM ET)
Previous CloseC$13.73
Today's RangeC$13.71 - C$13.76
52-Week RangeC$12.82 - C$14.42
Volume106,879 shs
Average Volume252,057 shs
Market CapitalizationC$2.07 billion
P/E RatioN/A
Dividend Yield7.87%
Beta0.56

About Artis REIT (TSE:AX)

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.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:AX
CUSIPN/A
Phone+1-204-9471250

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins51.02%
Return on Equity9.30%
Return on Assets4.93%

Miscellaneous

EmployeesN/A
Outstanding Shares150,590,000

Artis REIT (TSE:AX) Frequently Asked Questions

What is Artis REIT's stock symbol?

Artis REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AX."

How often does Artis REIT pay dividends? What is the dividend yield for Artis REIT?

Artis REIT announced a monthly dividend on Monday, January 15th. Investors of record on Wednesday, January 31st will be given a dividend of 0.09 per share on Thursday, February 15th. This represents a $1.08 dividend on an annualized basis and a yield of 7.87%. The ex-dividend date is Tuesday, January 30th. View Artis REIT's Dividend History.

How were Artis REIT's earnings last quarter?

Artis REIT (TSE:AX) announced its quarterly earnings data on Thursday, May, 10th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.34 by $0.07. The firm earned $125.77 million during the quarter. Artis REIT had a return on equity of 9.30% and a net margin of 51.02%. View Artis REIT's Earnings History.

When is Artis REIT's next earnings date?

Artis REIT is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Artis REIT.

Who are Artis REIT's key executives?

Artis REIT's management team includes the folowing people:
  • Edward L. Warkentin, Independent Chairman of the Board of Trustees (Age 67)
  • Armin Martens, President, Chief Executive Officer, Trustee (Age 62)
  • 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 (Age 64)
  • Steven Joyce, Independent Trustee

Has Artis REIT been receiving favorable news coverage?

News stories about AX stock have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Artis REIT earned a coverage optimism score of 0.18 on Accern's scale. They also assigned news coverage about the company an impact score of 44.79 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

How do I buy shares of Artis REIT?

Shares of AX 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.

What is Artis REIT's stock price today?

One share of AX stock can currently be purchased for approximately C$13.72.

How big of a company is Artis REIT?

Artis REIT has a market capitalization of C$2.07 billion.

How can I contact Artis REIT?

Artis REIT's mailing address is 300-360 Main St, WINNIPEG, MB R3C 3Z3, Canada. The company can be reached via phone at +1-204-9471250.


MarketBeat Community Rating for Artis REIT (AX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  53 (Vote Outperform)
Underperform Votes:  60 (Vote Underperform)
Total Votes:  113
MarketBeat's community ratings are surveys of what our community members think about Artis REIT and other stocks. Vote "Outperform" if you believe AX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AX will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Artis REIT (TSE:AX) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
1 Wall Street analysts have issued ratings and price targets for Artis REIT in the last 12 months. There are currently 1 hold rating for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.002.002.002.00
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/AN/A
Price Target Upside: N/AN/AN/AN/A

Artis REIT (TSE:AX) Consensus Price Target History

Price Target History for Artis REIT (TSE:AX)

Artis REIT (TSE:AX) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
5/13/2018DesjardinsReiterated RatingHoldView Rating Details
(Data available from 5/20/2016 forward)

Earnings

Artis REIT (TSE:AX) Earnings History and Estimates Chart

Earnings by Quarter for Artis REIT (TSE:AX)

Artis REIT (TSE:AX) Earnings Estimates

2018 EPS Consensus Estimate: $1.36
2019 EPS Consensus Estimate: $1.42
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20183$0.33$0.36$0.34
Q2 20182$0.33$0.34$0.34
Q3 20182$0.33$0.35$0.34
Q4 20182$0.33$0.35$0.34
Q1 20191$0.35$0.35$0.35
Q2 20191$0.35$0.35$0.35
Q3 20191$0.36$0.36$0.36
Q4 20191$0.36$0.36$0.36

Artis REIT (TSE AX) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2018        
5/10/2018Q1 2018C$0.34C$0.27C$125.77 millionViewN/AView Earnings Details
3/1/2018Q4 2017C$0.35C$0.36C$133.08 millionViewN/AView Earnings Details
11/6/2017Q3 2017C$0.36C$0.40C$127.01 millionViewN/AView Earnings Details
8/3/2017Q2 2017C$0.37C$0.22C$129.51 millionViewN/AView Earnings Details
5/8/2017Q1 2017C$0.37C$0.48C$133.56 millionViewN/AView Earnings Details
3/1/2017Q4 2016C$0.38C($0.20)C$146.38 millionViewN/AView Earnings Details
11/3/2016Q3 2016C$0.37C$0.48C$143.09 millionViewN/AView Earnings Details
8/4/2016Q2 2016C$0.37C$0.03C$132.40 millionViewN/AView Earnings Details
5/5/2016Q1 2016C$0.38C$0.24C$132.99 millionViewN/AView Earnings Details
2/29/2016Q4 2015C$0.37C($1.31)C$142.87 millionViewN/AView Earnings Details
11/5/2015Q3 2015C$0.37C($0.20)C$135.15 millionViewN/AView Earnings Details
8/6/2015Q2 2015C$0.38C$0.38C$131.34 millionViewN/AView Earnings Details
5/7/2015Q1 2015C$0.36C($0.13)C$132.26 millionViewN/AView Earnings Details
2/26/2015Q4 2014C$0.35C$0.39C$131.51 millionViewN/AView Earnings Details
11/6/2014Q3 2014C$0.36C$0.38C$125.43 millionViewN/AView Earnings Details
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
2/27/2014Q4 2013C$0.35C($0.05)C$122.87 millionViewN/AView Earnings Details
11/7/2013Q3 2013C$0.35C$0.35C$121.03 millionViewN/AView Earnings Details
8/8/2013Q2 2013C$0.35C$0.53C$110.74 millionViewN/AView Earnings Details
5/7/2013Q1 2013C$0.34C$0.62C$108.78 millionViewN/AView Earnings Details
2/28/2013Q4 2012C$0.34C$0.81ViewN/AView Earnings Details
11/7/2012Q3 2012C$0.33C$0.77ViewN/AView Earnings Details
8/8/2012Q2 2012C$0.31C$0.70ViewN/AView Earnings Details
5/9/2012Q1 2012C$0.31C$0.80ViewN/AView Earnings Details
3/14/2012Q4 2011C$0.31C$0.79ViewN/AView Earnings Details
11/8/2011Q3 2011C$0.30C$0.49ViewN/AView Earnings Details
8/10/2011Q2 2011C$0.29C$0.69ViewN/AView Earnings Details
5/18/2011Q1 2011C$0.28C$1.63ViewN/AView Earnings Details
3/2/2011Q4 2010C$0.28C($0.01)ViewN/AView Earnings Details
11/9/2010Q3 2010C$0.30C($0.05)ViewN/AView Earnings Details
8/11/2010Q2 2010C$0.31C($0.01)ViewN/AView Earnings Details
5/12/2010Q1 2010C$0.31C$0.01ViewN/AView Earnings Details
11/10/2009Q3 2009C$0.36C($0.02)ViewN/AView Earnings Details
8/12/2009Q2 2009C$0.41C($0.25)ViewN/AView Earnings Details
5/13/2009Q1 2009C$0.41C($0.44)ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Artis REIT (TSE:AX) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/15/2018Monthly$0.097.87%1/30/20181/31/20182/15/2018
9/19/2017Monthly$0.099/28/20179/30/201710/13/2017
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

Artis REIT (TSE AX) Insider Trading and Institutional Ownership History

Insider Trading History for Artis REIT (TSE:AX)

Artis REIT (TSE AX) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Artis REIT (TSE AX) News Headlines

Source:
DateHeadline
Raymond James Comments on Artis REITs FY2019 Earnings (AX)Raymond James Comments on Artis REIT's FY2019 Earnings (AX)
www.americanbankingnews.com - May 17 at 8:05 AM
Desjardins Analysts Reduce Earnings Estimates for Artis REIT (AX)Desjardins Analysts Reduce Earnings Estimates for Artis REIT (AX)
www.americanbankingnews.com - May 16 at 8:26 AM
Artis REIT Forecasted to Earn Q2 2018 Earnings of $0.34 Per Share (AX)Artis REIT Forecasted to Earn Q2 2018 Earnings of $0.34 Per Share (AX)
www.americanbankingnews.com - May 16 at 7:32 AM
Desjardins Reiterates Hold Rating for Artis REIT (AX)Desjardins Reiterates Hold Rating for Artis REIT (AX)
www.americanbankingnews.com - May 15 at 1:19 PM
Artis REIT (AX) Expected to Post Q2 2018 Earnings of $0.33 Per ShareArtis REIT (AX) Expected to Post Q2 2018 Earnings of $0.33 Per Share
www.americanbankingnews.com - May 15 at 8:02 AM
Artis REIT (AX) to Release Earnings on ThursdayArtis REIT (AX) to Release Earnings on Thursday
www.americanbankingnews.com - May 9 at 11:23 AM
Artis REIT (AX) to Post Q1 2018 Earnings of $0.34 Per Share, National Bank Financial ForecastsArtis REIT (AX) to Post Q1 2018 Earnings of $0.34 Per Share, National Bank Financial Forecasts
www.americanbankingnews.com - April 25 at 7:59 AM
Artis Real Estate Investment Trust (AX) to Post Q1 2019 Earnings of $0.37 Per Share, Raymond James Financial ForecastsArtis Real Estate Investment Trust (AX) to Post Q1 2019 Earnings of $0.37 Per Share, Raymond James Financial Forecasts
www.americanbankingnews.com - March 7 at 1:30 PM
Equities Analysts Issue Forecasts for Artis Real Estate Investment Trusts Q1 2018 Earnings (AX)Equities Analysts Issue Forecasts for Artis Real Estate Investment Trust's Q1 2018 Earnings (AX)
www.americanbankingnews.com - March 6 at 5:50 AM
Artis Real Estate Investment Trust (AX) Expected to Post Q4 2017 Earnings of $0.34 Per ShareArtis Real Estate Investment Trust (AX) Expected to Post Q4 2017 Earnings of $0.34 Per Share
www.americanbankingnews.com - February 14 at 6:28 AM
Artis Real Estate Investment Trust (AX) Declares $0.09 Monthly DividendArtis Real Estate Investment Trust (AX) Declares $0.09 Monthly Dividend
www.americanbankingnews.com - January 25 at 10:38 AM
Brokers Issue Forecasts for Artis Real Estate Investment Trusts FY2019 Earnings (AX)Brokers Issue Forecasts for Artis Real Estate Investment Trust's FY2019 Earnings (AX)
www.americanbankingnews.com - January 10 at 10:50 PM
Artis Real Estate Investment Trusts Preferred Units, Series A Crosses Above 6% Yield TerritoryArtis Real Estate Investment Trust's Preferred Units, Series A Crosses Above 6% Yield Territory
www.nasdaq.com - December 26 at 6:30 PM
How to Build Your Real Estate Empire Without Investing MillionsHow to Build Your Real Estate Empire Without Investing Millions
www.fool.ca - December 3 at 4:12 PM
Q4 2017 Earnings Forecast for Artis Real Estate Investment Trust (AX) Issued By Raymond James FinancialQ4 2017 Earnings Forecast for Artis Real Estate Investment Trust (AX) Issued By Raymond James Financial
www.americanbankingnews.com - November 10 at 2:42 PM
Q1 2018 EPS Estimates for Artis Real Estate Investment Trust Lowered by Raymond James Financial (AX)Q1 2018 EPS Estimates for Artis Real Estate Investment Trust Lowered by Raymond James Financial (AX)
www.americanbankingnews.com - November 9 at 11:12 AM
Desjardins Weighs in on Artis Real Estate Investment Trusts FY2017 Earnings (AX)Desjardins Weighs in on Artis Real Estate Investment Trust's FY2017 Earnings (AX)
www.americanbankingnews.com - November 9 at 6:42 AM
Equities Analysts Offer Predictions for Artis Real Estate Investment Trusts Q3 2017 Earnings (AX)Equities Analysts Offer Predictions for Artis Real Estate Investment Trust's Q3 2017 Earnings (AX)
www.americanbankingnews.com - November 1 at 8:44 AM
Insiders Are Snapping up Shares of Artis REIT - Baystreet.caInsiders Are Snapping up Shares of Artis REIT - Baystreet.ca
www.baystreet.ca - October 29 at 3:57 PM
TFSA Investors: 2 Top Real Estate Stocks Yielding up to 8%TFSA Investors: 2 Top Real Estate Stocks Yielding up to 8%
www.fool.ca - October 17 at 10:07 PM
2 Overbought Stocks That Could Drop in Price - The Motley Fool Canada2 Overbought Stocks That Could Drop in Price - The Motley Fool Canada
www.fool.ca - October 12 at 10:06 PM
Las Vegas shooter used real estate investments to fund gambling, gunsLas Vegas shooter used real estate investments to fund gambling, guns
www.reuters.com - October 6 at 9:32 PM
Is This Monster 8% Yield an Attractive Investment? | The Motley Fool ... - The Motley Fool CanadaIs This Monster 8% Yield an Attractive Investment? | The Motley Fool ... - The Motley Fool Canada
www.fool.ca - September 29 at 8:40 PM
Artis Real Estate Investment Trust Plans Monthly Dividend of $0.09 (AX)Artis Real Estate Investment Trust Plans Monthly Dividend of $0.09 (AX)
www.americanbankingnews.com - September 20 at 11:56 AM
Australias Cromwell seeks up to $1.1 billion with Singapore REIT offering - IFRAustralia's Cromwell seeks up to $1.1 billion with Singapore REIT offering - IFR
www.reuters.com - September 18 at 4:40 PM
Australias Cromwell to float $1.1 billion REIT in SingaporeAustralia's Cromwell to float $1.1 billion REIT in Singapore
www.reuters.com - September 11 at 2:01 AM
Artis Real Estate Investment Trust (AX) Plans Monthly Dividend of $0.09Artis Real Estate Investment Trust (AX) Plans Monthly Dividend of $0.09
www.americanbankingnews.com - August 17 at 9:42 AM
Analysts Issue Forecasts for Artis Real Estate Investment Trusts Q3 2017 Earnings (TSE:AX)Analysts Issue Forecasts for Artis Real Estate Investment Trust's Q3 2017 Earnings (TSE:AX)
www.americanbankingnews.com - August 11 at 11:40 AM
Artis Real Estate Investment Trust to Post FY2018 Earnings of $1.45 Per Share, National Bank Financial Forecasts (TSE:AX)Artis 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
FY2018 Earnings Estimate for Artis Real Estate Investment Trust Issued By Desjardins (TSE:AX)FY2018 Earnings Estimate for Artis Real Estate Investment Trust Issued By Desjardins (TSE:AX)
www.americanbankingnews.com - August 10 at 12:38 PM
Raymond James Financial Comments on Artis Real Estate Investment Trusts Q4 2017 Earnings (TSE:AX)Raymond James Financial Comments on Artis Real Estate Investment Trust's Q4 2017 Earnings (TSE:AX)
www.americanbankingnews.com - August 10 at 10:46 AM
Artis Real Estate Investment Trust to Post Q4 2017 Earnings of $0.35 Per Share, Desjardins Forecasts (AX)Artis 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
This Stock Has A 8.17% Yield And Sells For Less Than BookThis Stock Has A 8.17% Yield And Sells For Less Than Book
www.nasdaq.com - August 3 at 5:39 PM
Artis Real Estate Investment Trust (AX) Set to Announce Quarterly Earnings on ThursdayArtis Real Estate Investment Trust (AX) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - July 27 at 4:08 PM
Artis Real Estate Investment Trust Announces Monthly Dividend of $0.09 (AX)Artis Real Estate Investment Trust Announces Monthly Dividend of $0.09 (AX)
www.americanbankingnews.com - July 22 at 1:50 PM
Cash Dividend On The Way From Artis Real Estate Investment Trusts Preferred Units, Series ACash Dividend On The Way From Artis Real Estate Investment Trust's Preferred Units, Series A
www.nasdaq.com - June 26 at 4:22 PM
Like Big Yield? Then Youll Love These +6% Dividends | The Motley ... - The Motley Fool CanadaLike Big Yield? Then You'll Love These +6% Dividends | The Motley ... - The Motley Fool Canada
www.fool.ca - March 21 at 12:27 PM
IIROC Trade Resumption - AX.DB.UIIROC Trade Resumption - AX.DB.U
www.bizjournals.com - February 27 at 3:48 PM
Artis Real Estate Investment Trusts Preferred Units, Series A Goes Ex-Dividend SoonArtis Real Estate Investment Trust's Preferred Units, Series A Goes Ex-Dividend Soon
www.nasdaq.com - December 27 at 4:03 PM
BRIEF-Artis Real Estate Investment Trust announces renewal of normal course issuer bidBRIEF-Artis Real Estate Investment Trust announces renewal of normal course issuer bid
www.reuters.com - December 15 at 3:35 PM
Its Time to Get Greedy and Buy These 3 Outrageously Cheap Value Stocks - The Motley Fool CanadaIt'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
How to Get Income and Price Appreciation From REITsHow to Get Income and Price Appreciation From REITs
www.fool.ca - November 24 at 12:48 PM
Do You Need More Income? This Beaten-Down REIT Yields +9%Do You Need More Income? This Beaten-Down REIT Yields +9%
www.fool.ca - November 8 at 2:16 PM
3 Reasons to Buy Artis Real Estate Investment Trust Today3 Reasons to Buy Artis Real Estate Investment Trust Today
www.fool.ca - October 15 at 8:32 AM
Income Investors: This Blue-Chip REIT Has Paid 117 Consecutive DividendsIncome Investors: This Blue-Chip REIT Has Paid 117 Consecutive Dividends
www.fool.ca - October 3 at 3:38 PM
Collect $1,000 Per Month From Artis Real Estate Investment TrustCollect $1,000 Per Month From Artis Real Estate Investment Trust
www.fool.ca - September 7 at 3:40 PM

SEC Filings

Artis REIT (TSE:AX) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Artis REIT (TSE AX) Stock Chart for Sunday, May, 20, 2018

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This page was last updated on 5/20/2018 by MarketBeat.com Staff

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