TSE:AX.UN

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

C$6.52
-0.02 (-0.31%)
(As of 04/24/2024 ET)
Today's Range
C$6.49
C$6.54
50-Day Range
C$5.61
C$6.62
52-Week Range
C$5.51
C$7.36
Volume
84,083 shs
Average Volume
202,867 shs
Market Capitalization
C$703.83 million
P/E Ratio
N/A
Dividend Yield
9.20%
Price Target
C$6.95
AX.UN stock logo

About Artis Real Estate Investment Trust Unit Stock (TSE:AX.UN)

Artis is a diversified Canadian real estate investment trust investing in office, retail and industrial properties. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and select markets in the United States. As of December 31, 2018, Artis' commercial property comprises approximately 25.1 million square feet of leasable area.

AX.UN Stock Price History

AX.UN Stock News Headlines

Early Warning Notice Regarding Red Lake Gold Inc.
Artis REIT: Should You AX It From Your Portfolio?
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Why I’m Buying This Surging REIT Today
HEADLINE: Why I’m Buying This Surging REIT Today
ARTIS REAL ESTATE INVESTMENT TRUST UNITS
See More Headlines
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Industry, Sector and Symbol

Industry
REIT - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$6.95
High Stock Price Target
C$8.00
Low Stock Price Target
C$6.50
Potential Upside/Downside
+6.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
C$-345,090,000.00
Net Margins
-123.61%
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$268.64 million
Cash Flow
C$0.83 per share
Book Value
C$14.12 per share

Miscellaneous

Free Float
N/A
Market Cap
C$703.83 million
Optionable
Not Optionable
Beta
1.09
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Key Executives

  • Mr. Armin Martens P.Eng. (Age 63)
    M.B.A., Pres, CEO & Trustee
  • Mr. James Green C.A. (Age 61)
    Chief Financial Officer
  • Mr. Frank Sherlock
    Exec. VP of Property Management
  • Mr. Philip Martens
    Exec. VP of US Region
  • Ms. Jaclyn Koenig
    VP of Corp. Accounting

AX.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell Artis Real Estate Investment Trust Unit stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Artis Real Estate Investment Trust Unit in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AX.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AX.UN, but not buy additional shares or sell existing shares.
View AX.UN analyst ratings
or view top-rated stocks.

What is Artis Real Estate Investment Trust Unit's stock price target for 2024?

4 brokerages have issued 12 month price targets for Artis Real Estate Investment Trust Unit's stock. Their AX.UN share price targets range from C$6.50 to C$8.00. On average, they anticipate the company's stock price to reach C$6.95 in the next year. This suggests a possible upside of 6.6% from the stock's current price.
View analysts price targets for AX.UN
or view top-rated stocks among Wall Street analysts.

How have AX.UN shares performed in 2024?

Artis Real Estate Investment Trust Unit's stock was trading at C$6.63 at the start of the year. Since then, AX.UN stock has decreased by 1.7% and is now trading at C$6.52.
View the best growth stocks for 2024 here
.

How often does Artis Real Estate Investment Trust Unit pay dividends? What is the dividend yield for Artis Real Estate Investment Trust Unit?

Artis Real Estate Investment Trust Unit declared a monthly dividend on Thursday, December 28th. Shareholders of record on Monday, January 15th will be paid a dividend of 0.05 per share on Monday, January 15th. This represents a $0.60 dividend on an annualized basis and a yield of 9.20%. The ex-dividend date is Thursday, December 28th. This is a boost from the stock's previous monthly dividend of C$0.05.
Read our dividend analysis for AX.UN
.

Is Artis Real Estate Investment Trust Unit a good dividend stock?

Artis Real Estate Investment Trust Unit (TSE:AX.UN) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 9.48%. AX.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for AX.UN.

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.
Compare Top Brokerages Here.

This page (TSE:AX.UN) was last updated on 4/25/2024 by MarketBeat.com Staff

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