company background image
AX.PRI logo

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

Last Price

CA$17.90

Market Cap

CA$673.6m

7D

2.3%

1Y

-25.4%

Updated

26 Mar, 2024

Data

Company Financials +

Artis Real Estate Investment Trust

TSX:AX.PRI Stock Report

Market Cap: CA$673.6m

AX.PRI 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.

AX.PRI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health0/6
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$17.90
52 Week HighCA$24.00
52 Week LowCA$15.47
Beta1.08
1 Month Change5.29%
3 Month Change8.48%
1 Year Change-25.42%
3 Year Change-28.97%
5 Year Change-26.46%
Change since IPO-28.31%

Recent News & Updates

Recent updates

Shareholder Returns

AX.PRICA REITsCA Market
7D2.3%1.5%0.2%
1Y-25.4%-20.6%9.0%

Return vs Industry: AX.PRI underperformed the Canadian REITs industry which returned -21.4% over the past year.

Return vs Market: AX.PRI underperformed the Canadian Market which returned 9.3% over the past year.

Price Volatility

Is AX.PRI's price volatile compared to industry and market?
AX.PRI volatility
AX.PRI Average Weekly Movement3.1%
REITs Industry Average Movement2.8%
Market Average Movement8.6%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market3.1%

Stable Share Price: AX.PRI has not had significant price volatility in the past 3 months.

Volatility Over Time: AX.PRI's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004169Samir Manjihttps://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

How do Artis Real Estate Investment Trust's earnings and revenue compare to its market cap?
AX.PRI fundamental statistics
Market capCA$673.63m
Earnings (TTM)-CA$345.09m
Revenue (TTM)CA$268.64m

2.5x

P/S Ratio

-2.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AX.PRI income statement (TTM)
RevenueCA$268.64m
Cost of RevenueCA$151.82m
Gross ProfitCA$116.82m
Other ExpensesCA$461.91m
Earnings-CA$345.09m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-3.20
Gross Margin43.48%
Net Profit Margin-128.46%
Debt/Equity Ratio111.0%

How did AX.PRI perform over the long term?

See historical performance and comparison

Dividends

9.6%

Current Dividend Yield

77%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.