TSX

Artis Real Estate Investment Trust

AX-UN.TO•Real Estate•REIT - Diversified
Current Price
$8.82
Today's Change
-4.13%
Market Cap
$846.42M
Volume
858.87K

💡 Quick Take

Artis is a diversified commercial real estate investment trust based in Manitoba. The company faces significant concerns, including negative Funds From Operations (FFO) of -$73.9 million and a declining revenue growth of -10.3% year-over-year, indicating operational challenges. However, it offers a relatively attractive distribution yield of 6.46%, which may appeal to income-focused investors. The negative net margin of -56.4% raises further red flags about profitability. Overall, while the yield is appealing, the underlying financial health suggests caution.

Based on 26 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$30.02
52 Week Low$5.88
Avg Volume345.00K
Beta0.67
Shares Outstanding95.97M

🔥 Valuation

Market Cap$846.42M
FFO/Share$-0.77
Price/FFON/A
Distribution Yield5.61%
Property TypeDiversified

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🚩 Red Flags

🚨

Negative FFO

Negative Funds From Operations indicates operational cash flow issues and unsustainable distributions.

📉

Negative Net Income

Negative net income may indicate operational challenges beyond typical REIT depreciation adjustments.

🌟 Opportunities

🚀

Attractive distribution yield of 5.61% offers compelling income opportunity for investors.

🚀

Conservative debt-to-assets ratio of 42.5% provides financial flexibility for acquisitions and growth.

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