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AX.UN

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

Last Price

CA$9.74

Market Cap

CA$1.1b

7D

1.2%

1Y

-20.6%

Updated

03 Feb, 2023

Data

Company Financials +

Artis Real Estate Investment Trust

TSX:AX.UN Stock Report

Mkt Cap: CA$1.1b

AX.UN Stock Overview

Artis is a diversified Canadian real estate investment trust investing in industrial and office properties in Canada and the United States.

AX.UN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends5/6

My Notes

New

Notes are coming soon

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$9.74
52 Week HighCA$13.76
52 Week LowCA$8.77
Beta1.14
1 Month Change4.39%
3 Month Change2.53%
1 Year Change-20.55%
3 Year Change-19.84%
5 Year Change-28.17%
Change since IPO195.17%

Recent News & Updates

Recent updates

Do Artis Real Estate Investment Trust's (TSE:AX.UN) Earnings Warrant Your Attention?

Dec 28
Do Artis Real Estate Investment Trust's (TSE:AX.UN) Earnings Warrant Your Attention?

A Look At Artis Real Estate Investment Trust's (TSE:AX.UN) Share Price Returns

Dec 31
A Look At Artis Real Estate Investment Trust's (TSE:AX.UN) Share Price Returns

Shareholder Returns

AX.UNCA REITsCA Market
7D1.2%1.5%-0.1%
1Y-20.6%-7.3%-3.4%

Return vs Industry: AX.UN underperformed the Canadian REITs industry which returned -7.3% over the past year.

Return vs Market: AX.UN underperformed the Canadian Market which returned -3.4% over the past year.

Price Volatility

Is AX.UN's price volatile compared to industry and market?
AX.UN volatility
AX.UN Average Weekly Movement2.9%
REITs Industry Average Movement3.3%
Market Average Movement9.9%
10% most volatile stocks in CA Market19.1%
10% least volatile stocks in CA Market3.9%

Stable Share Price: AX.UN is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2003232Samir Manjihttps://www.artisreit.com

Artis is a diversified Canadian real estate investment trust investing in industrial and office properties in Canada and the United States. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in select markets in Canada and the United States. As of September 30, 2020, Artis' commercial property comprises approximately 23.8 million square feet of leasable area.

Artis Real Estate Investment Trust Fundamentals Summary

How do Artis Real Estate Investment Trust's earnings and revenue compare to its market cap?
AX.UN fundamental statistics
Market CapCA$1.12b
Earnings (TTM)CA$166.34m
Revenue (TTM)CA$370.65m

6.8x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AX.UN income statement (TTM)
RevenueCA$370.65m
Cost of RevenueCA$163.05m
Gross ProfitCA$207.60m
Other ExpensesCA$41.27m
EarningsCA$166.34m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 28, 2023

Earnings per share (EPS)1.44
Gross Margin56.01%
Net Profit Margin44.88%
Debt/Equity Ratio101.1%

How did AX.UN perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

81%

Payout Ratio