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

Last Price

CA$7.77

Market Cap

CA$798.9m

7D

-4.1%

1Y

14.1%

Updated

01 Nov, 2024

Data

Company Financials +

Artis Real Estate Investment Trust

TSX:AX.UN Stock Report

Market Cap: CA$798.9m

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.

AX.UN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
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$7.77
52 Week HighCA$8.38
52 Week LowCA$5.51
Beta1.2
11 Month Change-2.88%
3 Month Change17.55%
1 Year Change14.10%
33 Year Change-35.79%
5 Year Change-32.90%
Change since IPO135.47%

Recent News & Updates

Recent updates

Shareholder Returns

AX.UNCA REITsCA Market
7D-4.1%-1.8%-0.4%
1Y14.1%22.6%26.1%

Return vs Industry: AX.UN underperformed the Canadian REITs industry which returned 22.6% over the past year.

Return vs Market: AX.UN underperformed the Canadian Market which returned 26.1% over the past year.

Price Volatility

Is AX.UN's price volatile compared to industry and market?
AX.UN volatility
AX.UN Average Weekly Movement3.0%
REITs Industry Average Movement2.9%
Market Average Movement8.4%
10% most volatile stocks in CA Market17.9%
10% least volatile stocks in CA Market3.0%

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$798.91m
Earnings (TTM)-CA$244.09m
Revenue (TTM)CA$200.81m

4.0x

P/S Ratio

-3.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AX.UN income statement (TTM)
RevenueCA$200.81m
Cost of RevenueCA$145.92m
Gross ProfitCA$54.89m
Other ExpensesCA$298.98m
Earnings-CA$244.09m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 07, 2024

Earnings per share (EPS)-2.37
Gross Margin27.33%
Net Profit Margin-121.55%
Debt/Equity Ratio104.6%

How did AX.UN perform over the long term?

See historical performance and comparison

Dividends

7.7%

Current Dividend Yield

79%

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 DateOct 31 2024
Dividend Pay DateNov 15 2024
Days until Ex dividend2 days
Days until Dividend pay date13 days

Does AX.UN pay a reliable dividends?

See AX.UN dividend history and benchmarks