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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 4/6 |
Artis Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$17.00 |
| 52 Week High | CA$18.02 |
| 52 Week Low | CA$15.41 |
| Beta | 1.13 |
| 1 Month Change | -3.95% |
| 3 Month Change | -2.63% |
| 1 Year Change | 5.66% |
| 3 Year Change | -25.96% |
| 5 Year Change | -16.05% |
| Change since IPO | -32.11% |
Recent News & Updates
Recent updates
Shareholder Returns
| AX.PRE | CA REITs | CA Market | |
|---|---|---|---|
| 7D | -1.4% | -1.4% | -0.5% |
| 1Y | 5.7% | -14.8% | 5.3% |
Return vs Industry: AX.PRE exceeded the Canadian REITs industry which returned -15.7% over the past year.
Return vs Market: AX.PRE matched the Canadian Market which returned 4.9% over the past year.
Price Volatility
| AX.PRE volatility | |
|---|---|
| AX.PRE Average Weekly Movement | 2.1% |
| REITs Industry Average Movement | 2.5% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 18.1% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: AX.PRE has not had significant price volatility in the past 3 months.
Volatility Over Time: AX.PRE's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 169 | Samir Manji | www.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
| AX.PRE fundamental statistics | |
|---|---|
| Market cap | CA$694.98m |
| Earnings (TTM) | -CA$345.09m |
| Revenue (TTM) | CA$268.64m |
2.6x
P/S Ratio-2.0x
P/E RatioIs AX.PRE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AX.PRE income statement (TTM) | |
|---|---|
| Revenue | CA$268.64m |
| Cost of Revenue | CA$151.82m |
| Gross Profit | CA$116.82m |
| Other Expenses | CA$461.91m |
| Earnings | -CA$345.09m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 02, 2024
| Earnings per share (EPS) | -3.23 |
| Gross Margin | 43.48% |
| Net Profit Margin | -128.46% |
| Debt/Equity Ratio | 111.0% |
How did AX.PRE perform over the long term?
See historical performance and comparison