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Artis Real Estate Investment Trust (AX.UN-T)
TSE:AX.UN
7.22
0.01
(0.14%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$8.670
Unknown
Based in Winnipeg, this REIT owns property in Manitoba, BC, Arizona, Colorado, Minnesota and Wisconsin, broken down into 47% office, 32% industrial and 20% retail. Before you get alarmed over the office and retail holdings, consider Artis' 6.92x PE, 6.35% dividend yield based on a 43.8% payout ratio, and 6.5x cash flow, as Stockchaser Michael O'Reilly notes. In fact, the forward PE is 11.51x, so the market has faith in this name, even though mixed REITs have fallen out of fashion in this post-Covid world.
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
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 : 0
Total Signals / Votes : 3
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, 3 stock analysts published opinions about AX.UN-T. 3 analysts recommended to BUY the stock. 0 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?
3 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 2023-06-08, Artis Real Estate Investment Trust (AX.UN-T) stock closed at a price of $7.22.
Our PAST TOP PICK with AX.UN has triggered its stop at $8.80. To remain disciplined, we recommend covering the position at this time.