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

Last Price

CA$7.70

Market Cap

CA$783.3m

7D

-1.8%

1Y

22.4%

Updated

24 Nov, 2024

Data

Company Financials +

Artis Real Estate Investment Trust

TSX:AX.UN Stock Report

Market Cap: CA$783.3m

AX.UN 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.UN 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$7.70
52 Week HighCA$8.38
52 Week LowCA$5.51
Beta1.2
11 Month Change-4.94%
3 Month Change9.84%
1 Year Change22.42%
33 Year Change-34.08%
5 Year Change-34.80%
Change since IPO133.35%

Recent News & Updates

Recent updates

Shareholder Returns

AX.UNCA REITsCA Market
7D-1.8%-1.5%2.2%
1Y22.4%13.1%23.4%

Return vs Industry: AX.UN exceeded the Canadian REITs industry which returned 13.1% over the past year.

Return vs Market: AX.UN matched the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is AX.UN's price volatile compared to industry and market?
AX.UN volatility
AX.UN Average Weekly Movement2.7%
REITs Industry Average Movement2.6%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: AX.UN's weekly volatility (3%) 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.UN fundamental statistics
Market capCA$783.34m
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.UN 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.UN perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

80%

Payout Ratio

Does AX.UN pay a reliable dividends?

See AX.UN dividend history and benchmarks
When do you need to buy AX.UN by to receive an upcoming dividend?
Artis Real Estate Investment Trust dividend dates
Ex Dividend DateNov 29 2024
Dividend Pay DateDec 13 2024
Days until Ex dividend4 days
Days until Dividend pay date18 days

Does AX.UN pay a reliable dividends?

See AX.UN dividend history and benchmarks