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Showing 1 to 15 of 264 entries
BUY
TCN has a unique concept, single-family rentals south of the border. Lots of traction. Valuation too hot. Long-term scalability might be tough. For good value and a higher dividend, look at AX.UN, BEI.UN, or REI.UN.
property mngmnt / investment
TOP PICK
Diversified REIT, and nothing is more unloved these days. Low valuation. New management. Strong case for growing NAV per share. Trades at 9x FFO, an attractive valuation in today's market. Yield is 4.93%. (Analysts’ price target is $13.75)
property mngmnt / investment
DON'T BUY
Cut dividend by 50%. In midst of restructuring. Just bought Cominar's portfolio. Execution risk is very high. Occupancy levels below 90%. Missed on analysts' estimates. Lots of retail. Stay away and see what happens.
property mngmnt / investment
PAST TOP PICK
(A Top Pick Jun 08/21, Up 22%) Still a buy for new clients. Valuation still really attractive, 25% discount to NAV, dividend yield about 4.5%.
property mngmnt / investment
DON'T BUY
They are divesting assets in Western Canada, including all office holdings in Calgary. Still own assets on both sides of the border. There are friction costs in closing the gap to NAV so not buying.
property mngmnt / investment
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock has moved up from the news on a special dividend. It is mostly paid out in distributions of new units, not cash, however. It is kind of like a stock split. Unlock Premium - Try 5i Free

property mngmnt / investment
DON'T BUY
It was a diversified REIT in the US and Canada and then there was board transition an activist shareholder has taken control to sell off the assets and reinvest the capital into other publicly traded REITs. He questions this business strategy. Choose the REITs they invested in for yourselves.
property mngmnt / investment
TOP PICK
It's exposed to western Canada, an unloved asset class, but the valuation is very attractive and the new CEO has a new plan to flexibly invest in private and public real estate. This combination is great. The dividend pays over 5%, so you're paid to wait. The CEO has a track record restructuring asset. Artis trades at a 25% discount to NAV.
property mngmnt / investment
DON'T BUY
They just announced a business transformation plan. There is quite a bit of tax leakage as a result of a recent acquisition. The portfolio is half office, a third industrial and 20% retail. They are selling industrial, to be left with retail and office. Their goal is to invest in publicly traded securities. He thinks there will be conflicts of interests.
property mngmnt / investment
HOLD
Management turnover. Waiting to hear about future plans. Owns office, retail and industrial, so there's no obvious single plan. Risk/reward questionable.
property mngmnt / investment
COMMENT
They intend to spin out their western Canadian retail real assets to become an owner of office and industrial assets in North America. Investors will receive units of this new small-cap REIT, which will be difficult to value. The hope is that the office/industrial REIT will see a re-rating of its value. Spin-outs often don't create value, so he can't evaluate this for another year or longer. Don't own this during the spin, but it may offer value after the spin. They own good industrial assets in Houston, and office buildings in stable markets like Madison, WI, though these markets won't show much growth they have have been stable. The dividend is above 6%.
property mngmnt / investment
DON'T BUY
Their assets were all in Alberta. They are trying to switch their portfolio and are trying to reduce debt. They have increased their occupancy rates. They are trading at 14 times Price to AFFO. They want to become more of an Industrial portfolio. It is a work in progress. In his neutral bucket. You could probably pass on this one. Yield 4.5% (Analysts’ price target is $13.30)
property mngmnt / investment
DON'T BUY
Strong, experienced managers, but investors don't like the wide diversity of real estate assets this contains. Also, they have a lot of exposure to Alberta that they are selling down. They have decent U.S. exposure. Artis is okay. But managers are too responsive to activists.
property mngmnt / investment
HOLD
They have been in perpetual evolution of their strategy. Activist investors may be steering their direction too much. It is a hold to him.
property mngmnt / investment
HOLD
It is a diversified REIT going through a strategic process. He cautions that there will be tax leakage in this. They have been operating out west. Don’t jump in today.
property mngmnt / investment
Showing 1 to 15 of 264 entries

Artis Real Estate Investment Trust(AX.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 6

Stockchase rating for Artis Real Estate Investment Trust is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Artis Real Estate Investment Trust(AX.UN-T) Frequently Asked Questions

What is Artis Real Estate Investment Trust stock symbol?

Artis Real Estate Investment Trust is a Canadian stock, trading under the symbol AX.UN-T on the Toronto Stock Exchange (AX.UN-CT). It is usually referred to as TSX:AX.UN or AX.UN-T

Is Artis Real Estate Investment Trust a buy or a sell?

In the last year, 6 stock analysts published opinions about AX.UN-T. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Artis Real Estate Investment Trust.

Is Artis Real Estate Investment Trust a good investment or a top pick?

Artis Real Estate Investment Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for Artis Real Estate Investment Trust.

Why is Artis Real Estate Investment Trust stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Artis Real Estate Investment Trust worth watching?

6 stock analysts on Stockchase covered Artis Real Estate Investment Trust In the last year. It is a trending stock that is worth watching.

What is Artis Real Estate Investment Trust stock price?

On 2022-08-10, Artis Real Estate Investment Trust (AX.UN-T) stock closed at a price of $11.975.