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Artis Real Estate Investment Trust TSX:AX.PRE Stock Report

Last Price

CA$20.87

Market Cap

CA$788.4m

7D

0.8%

1Y

32.4%

Updated

26 Nov, 2024

Data

Company Financials +

Artis Real Estate Investment Trust

TSX:AX.PRE Stock Report

Market Cap: CA$788.4m

AX.PRE Stock 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. More details

AX.PRE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends4/6

Artis Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Artis Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$20.87
52 Week HighCA$21.49
52 Week LowCA$15.60
Beta1.2
11 Month Change-0.048%
3 Month Change5.83%
1 Year Change32.42%
33 Year Change-11.61%
5 Year Change-3.56%
Change since IPO-16.65%

Recent News & Updates

Recent updates

Shareholder Returns

AX.PRECA REITsCA Market
7D0.8%-2.2%1.7%
1Y32.4%13.4%24.0%

Return vs Industry: AX.PRE exceeded the Canadian REITs industry which returned 13.4% over the past year.

Return vs Market: AX.PRE exceeded the Canadian Market which returned 24% over the past year.

Price Volatility

Is AX.PRE's price volatile compared to industry and market?
AX.PRE volatility
AX.PRE Average Weekly Movement2.0%
REITs Industry Average Movement2.6%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: AX.PRE has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: AX.PRE's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004169Samir Manjiwww.artisreit.com

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.

Artis Real Estate Investment Trust Fundamentals Summary

How do Artis Real Estate Investment Trust's earnings and revenue compare to its market cap?
AX.PRE fundamental statistics
Market capCA$788.43m
Earnings (TTM)-CA$118.28m
Revenue (TTM)CA$242.76m

3.2x

P/S Ratio

-6.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AX.PRE income statement (TTM)
RevenueCA$242.76m
Cost of RevenueCA$141.52m
Gross ProfitCA$101.24m
Other ExpensesCA$219.52m
Earnings-CA$118.28m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.16
Gross Margin41.70%
Net Profit Margin-48.72%
Debt/Equity Ratio70.3%

How did AX.PRE perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

80%

Payout Ratio