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: 0.80B
  • Market Cap Group: Small Cap
  • P/E: 0.00
  • Dividend Yield: 8.45%

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 2.80 0.00 5.70 NO 1 10 120
CRR.UN TSE:CRR.UN Crombie REIT 1.53 214.48 6.16 NO 1 10 120
AX.UN TSE:AX.UN Artis REIT 0.80 0.00 8.45 NO 1 10 120
APR.UN TSE:APR.UN Automotive Properties REIT 0.46 8.07 6.95 NO 1 10 120
MRT.UN TSE:MRT.UN Morguard REIT 0.35 0.00 4.40 NO 1 10 120
PRV.UN TSE:PRV.UN PROREIT 0.31 6.28 8.67 NO 1 10 120
BTB.UN TSE:BTB.UN BTB REIT 0.28 6.86 9.20 NO 1 10 120
TNT.UN TSE:TNT.UN True North Commercial REIT 0.24 25.52 11.63 NO 1 10 120
FCD.UN TSE:FCD.UN Firm Capital Property Trust 0.20 0.00 9.63 NO 1 10 120
MPCT.UN TSE:MPCT.UN Dream Impact Trust REIT 0.18 0.00 6.21 NO 1 10 120
SOT.UN TSE:SOT.UN Slate Office REIT 0.17 0.00 5.80 NO 1 10 120
MR.UN TSE:MR.UN Melcor REIT 0.06 8.78 9.78 NO 1 10 120

Top Picks by Bay Street Experts

Expert stock analysts have shared their opinions, and sometimes prediction, on the company.

For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.

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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 6/10 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 28 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.


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