Artis REIT is one of the largest diversified commercial real estate investment trusts in Canada. It is an unincorporated closed-end real estate investment trust and engages in the ownership of commercial properties in select primary and secondary markets.
Artis REIT’s portfolio consists of industrial (28% of NOI), retail (20%) and office (52%) properties in Canada and the USA. The REIT is well diversified by geography and by asset class.
The portfolio diversification provides stability from any risks associated with changes in economic conditions in a particular market or industry. Artis’ portfolio comprises 235 properties spanning ~25 million square feet of gross leasable area across five Canadian provinces and six U.S. states.
Artis REIT Stock Details
- Ticker: tse:ax.un
- Sector: Real Estate
- Industry: REIT - Diversified
- Market Cap: 0.65B
- Market Cap Group: Small Cap
- P/E: 0.00
- Dividend Yield: 9.93%
- Grade: D
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 2/10
- Dividend Income Fit: 8/10
AX.UN Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
---|---|---|---|---|---|---|---|---|---|
HR.UN | TSE:HR.UN | H&R REIT | 2.37 | 38.86 | 6.63 | NO | 1 | 10 | 120 |
CRR.UN | TSE:CRR.UN | Crombie REIT | 1.53 | 0.00 | 6.23 | NO | 1 | 10 | 120 |
AX.UN | TSE:AX.UN | Artis REIT | 0.65 | 0.00 | 9.93 | NO | 1 | 10 | 120 |
APR.UN | TSE:APR.UN | Automotive Properties REIT | 0.41 | 10.28 | 7.72 | NO | 1 | 10 | 120 |
MRT.UN | TSE:MRT.UN | Morguard REIT | 0.34 | 0.00 | 4.49 | NO | 1 | 10 | 120 |
PRV.UN | TSE:PRV.UN | PROREIT | 0.31 | 10.05 | 8.51 | NO | 1 | 10 | 120 |
BTB.UN | TSE:BTB.UN | BTB REIT | 0.27 | 7.23 | 9.80 | NO | 1 | 10 | 120 |
FCD.UN | TSE:FCD.UN | Firm Capital Property Trust | 0.18 | 10.07 | 10.97 | NO | 1 | 10 | 120 |
TNT.UN | TSE:TNT.UN | True North Commercial REIT | 0.14 | 0.00 | 0.00 | NO | 1 | 10 | 120 |
MPCT.UN | TSE:MPCT.UN | Dream Impact Trust REIT | 0.07 | 0.00 | 0.00 | NO | 1 | 10 | 120 |
SOT.UN | TSE:SOT.UN | Slate Office REIT | 0.06 | 0.00 | 0.00 | NO | 1 | 10 | 120 |
MR.UN | TSE:MR.UN | Melcor REIT | 0.03 | 5.80 | 0.00 | NO | 1 | 10 | 120 |
Artis REIT - FAQ
What is the stock ticker for Artis REIT?
The stock ticker for Artis REIT is TSE:ax.un.
Is Artis REIT a good stock to buy?
You need to consider your investment strategy and how TSE:ax.un can fit in your portfolio.
The current dividend income score of 8/10 and dividend growth score of 2/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Artis REIT a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 31 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Artis REIT?
You can easily buy the AX.UN stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.