Artis Real Estate Investment Trust (AX.UN-T) Stock Predictions - Stockchase
WATCH LIST
241
Artis Real Estate Investment Trust (AX.UN-T)

ON STOCKCHASE SINCE Feb 2007

Formerly Westfield REIT

property mngmnt/investment

Artis Real Estate Investm...

AX.UN-T

176 watching          
Join the Discussion

Artis Real Estate Investment Trust (AX.UN-T) SAVE Dec, 10, 2018, 4:23 pm

9.46 0.13 (1.36%)

What the experts are saying about AX.UN-T



  • All
  • Filtered
Signal Opinion Expert
DON'T BUY
This REIT has had a couple of challenging years. They have made some tough decisions, including cutting their dividend. Although he applauds their efforts, it is late in the cycle to be doing this. The yield is now 5.6% and it does not stand out at that level. Yield 5.6%.
property mngmnt/investment
0 0 0 0 0
0 comments
This REIT has had a couple of challenging years. They have made some tough decisions, including cutting their dividend. Although he applauds their efforts, it is late in the cycle to be doing this. The yield is now 5.6% and it does not stand out at that level. Yield 5.6%.
property mngmnt/investment
0 0 0 0 0
0 comments
Joshua Varghese

Portfolio , Signature Global Ass...

Price Price
$9.690
Owned Owned
No

DON'T BUY
They cut their payout ratio by 50% and selling non-core assets. Their debt-to-fair value is a little high. Not much growth here. One good thing is it's cheap with a low payout ratio, so dividend is safe.
property mngmnt/investment
0 0 0 0 0
0 comments
They cut their payout ratio by 50% and selling non-core assets. Their debt-to-fair value is a little high. Not much growth here. One good thing is it's cheap with a low payout ratio, so dividend is safe.
property mngmnt/investment
0 0 0 0 0
0 comments
Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$9.780
Owned Owned
Unknown

DON'T BUY

They just missed their Q2. He sees -3% AFFO growth into 2019. 106% payout ratio not fully funded and has high debt. Good news is that occupancy is increasing. It's very cheap at 11.5x earnings. But there are better names that have sold down during this correction. But you'll probably be okay with this as long as the economy stays strong. 9.5% dividend.

property mngmnt/investment
0 0 0 0 0
0 comments

They just missed their Q2. He sees -3% AFFO growth into 2019. 106% payout ratio not fully funded and has high debt. Good news is that occupancy is increasing. It's very cheap at 11.5x earnings. But there are better names that have sold down during this correction. But you'll probably be okay with this as long as the economy stays strong. 9.5% dividend.

property mngmnt/investment
0 0 0 0 0
0 comments
Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$11.420
Owned Owned
Unknown

PAST TOP PICK

(A Top Pick March 9/18 Down 8%) He doesn’t mind getting paid a good dividend to wait. This got hurt especially because of the exposure to the Calgary market.  He thinks the dividend is safe going forward. He continues to like it.  You should own real estate, especially if you are looking for income. It trades at 20% discount to NAV, which he sees as a safety net in the event of a global market meltdown. Yield 8.9%

property mngmnt/investment
0 0 0 0 0
0 comments

(A Top Pick March 9/18 Down 8%) He doesn’t mind getting paid a good dividend to wait. This got hurt especially because of the exposure to the Calgary market.  He thinks the dividend is safe going forward. He continues to like it.  You should own real estate, especially if you are looking for income. It trades at 20% discount to NAV, which he sees as a safety net in the event of a global market meltdown. Yield 8.9%

property mngmnt/investment
0 0 0 0 0
0 comments
Rob Tetrault

Portfolio , Tetrault Wealth Advi...

Price Price
$12.380
Owned Owned
Yes

HOLD

Fine to hold for the dividend, though there are better REITs. Experienced management that will maintain the yield. They are improving their portfolio. You're fine to own this.

property mngmnt/investment
0 0 0 0 0
0 comments

Fine to hold for the dividend, though there are better REITs. Experienced management that will maintain the yield. They are improving their portfolio. You're fine to own this.

property mngmnt/investment
0 0 0 0 0
0 comments
Joshua Varghese

Portfolio , Signature Global Ass...

Price Price
$12.730
Owned Owned
Unknown

BUY

They are adding to their U.S. assets. He's owned this in the past, but sold it when oil was over $100 years ago. Has a $14 target and likes Artis.

property mngmnt/investment
0 0 0 0 0
0 comments

They are adding to their U.S. assets. He's owned this in the past, but sold it when oil was over $100 years ago. Has a $14 target and likes Artis.

property mngmnt/investment
0 0 0 0 0
0 comments
Jaime Carrasco

Portfolio , Canaccord Genuity...

Price Price
$12.640
Owned Owned
No

DON'T BUY

Haven’t looked at it for 2 years. REIT sector hasn’t had great tailwinds, with rates going up. But now REITs have outperformed the TSX. Artis reissued securities, has assets in the US. Balance sheet getting a bit better, solid management. But company is unfocussed. Other REITs are doing better. Struggling to find its identity. Avoid it.

property mngmnt/investment
0 0 0 0 0
0 comments

Haven’t looked at it for 2 years. REIT sector hasn’t had great tailwinds, with rates going up. But now REITs have outperformed the TSX. Artis reissued securities, has assets in the US. Balance sheet getting a bit better, solid management. But company is unfocussed. Other REITs are doing better. Struggling to find its identity. Avoid it.

property mngmnt/investment
0 0 0 0 0
0 comments
Paul Gardner, C

Partner an, Avenue Investment Ma...

Price Price
$12.590
Owned Owned
No

HOLD

This started as a Western Canadian focused REIT and has expanded into the US.  Their payout ratio is a little higher than others, but overtime this is an investment that will pay well and he has faith they will work to lower the leverage on the balance sheet.  Yield 8.4%.  

property mngmnt/investment
0 0 0 0 0
0 comments

This started as a Western Canadian focused REIT and has expanded into the US.  Their payout ratio is a little higher than others, but overtime this is an investment that will pay well and he has faith they will work to lower the leverage on the balance sheet.  Yield 8.4%.  

property mngmnt/investment
0 0 0 0 0
0 comments
Michael Simpson

Senior Vic, Sentry Investments...

Price Price
$12.770
Owned Owned
Yes

HOLD

The chart is acting well. It needs to rise above $14, and he's concerned about its volumes. It looks blah, waiting for some news. You could own it.

property mngmnt/investment
0 0 0 0 0
0 comments

The chart is acting well. It needs to rise above $14, and he's concerned about its volumes. It looks blah, waiting for some news. You could own it.

property mngmnt/investment
0 0 0 0 0
0 comments
Elliott Fishman

Director o, Trading Services Gro...

Price Price
$13.340
Owned Owned
Unknown

HOLD

He's owned this in the past, but sold it a few years ago because of its Alberta exposure. Now, he's starting to warm up to it. If Alberta comes back, this will do well. He's looking at it, but wouldn't but it yet. A hold.

property mngmnt/investment
0 0 0 0 0
0 comments

He's owned this in the past, but sold it a few years ago because of its Alberta exposure. Now, he's starting to warm up to it. If Alberta comes back, this will do well. He's looking at it, but wouldn't but it yet. A hold.

property mngmnt/investment
0 0 0 0 0
0 comments
Jaime Carrasco

Portfolio , Canaccord Genuity...

Price Price
$13.440
Owned Owned
No

DON'T BUY

This missed their last quarter, which was weak, partially due to climbing interest rates. He has owned this on and off, not now. They have exposure out west, but are deciding what to do with those properties. This is difficult to own. It pays a high, sustainable yield. He plays defence in REITs, given rising rates and the lingering Amazon issue. Artis is too problematic now.

property mngmnt/investment
0 0 0 0 0
0 comments

This missed their last quarter, which was weak, partially due to climbing interest rates. He has owned this on and off, not now. They have exposure out west, but are deciding what to do with those properties. This is difficult to own. It pays a high, sustainable yield. He plays defence in REITs, given rising rates and the lingering Amazon issue. Artis is too problematic now.

property mngmnt/investment
0 0 0 0 0
0 comments
Paul Gardner, C

Partner an, Avenue Investment Ma...

Price Price
$13.560
Owned Owned
Unknown

WEAK BUY

They have expanded into some US markets and it has done well.  It trades at a discount to other REITs and he likes owning it here. 

property mngmnt/investment
0 0 0 0 0
0 comments

They have expanded into some US markets and it has done well.  It trades at a discount to other REITs and he likes owning it here. 

property mngmnt/investment
0 0 0 0 0
0 comments
Michael Simpson

Senior Vic, Sentry Investments...

Price Price
$13.610
Owned Owned
Yes

TOP PICK

This company is trading at a great cash flow multiple. Although they have exposure in Alberta, he believes the dividend is safe and you should see a 5% capital appreciation annually as well. Yield 7.9%. (Analysts’ price target is $13.90 )

property mngmnt/investment
0 0 0 0 0
0 comments

This company is trading at a great cash flow multiple. Although they have exposure in Alberta, he believes the dividend is safe and you should see a 5% capital appreciation annually as well. Yield 7.9%. (Analysts’ price target is $13.90 )

property mngmnt/investment
0 0 0 0 0
0 comments
Rob Tetrault

Portfolio , Tetrault Wealth Advi...

Price Price
$13.720
Owned Owned
Yes

DON'T BUY

Are the dividends safe? Artis has been getting out of their Alberta holdings. The management is good, but it still trades at a premium. He thinks they have good assets in Minnesota to offset their Alberta holdings. It still is too focused out west and is a proxy for the western market with higher vacancy rates and lower oil prices. There are better companies that are not too concentrated on interest rates. The industrial REIT sector has outperformed, for example.   

property mngmnt/investment
0 0 0 0 0
0 comments

Are the dividends safe? Artis has been getting out of their Alberta holdings. The management is good, but it still trades at a premium. He thinks they have good assets in Minnesota to offset their Alberta holdings. It still is too focused out west and is a proxy for the western market with higher vacancy rates and lower oil prices. There are better companies that are not too concentrated on interest rates. The industrial REIT sector has outperformed, for example.   

property mngmnt/investment
0 0 0 0 0
0 comments
Paul Gardner, C

Partner an, Avenue Investment Ma...

Price Price
$13.640
Owned Owned
Unknown

WAIT

Has been hit because of their overexposure to Alberta. Announced they are going to sell a lot of their Alberta properties, and get more focused in the US. This is transforming the company into being better. There is still a headwind because of their office exposure in Alberta. He isn’t overly negative, but wouldn’t step in yet.

property mngmnt/investment
0 0 0 0 0
0 comments

Has been hit because of their overexposure to Alberta. Announced they are going to sell a lot of their Alberta properties, and get more focused in the US. This is transforming the company into being better. There is still a headwind because of their office exposure in Alberta. He isn’t overly negative, but wouldn’t step in yet.

property mngmnt/investment
0 0 0 0 0
0 comments
Paul Gardner, C

Partner an, Avenue Investment Ma...

Price Price
$14.020
Owned Owned
Unknown

Showing 1 to 15 of 241 entries
Successfully Saved Company
Successfully Saved Company