Prices are adjusted according to historical splits.
- Today's Low:
- Today's High:
- Open Price:
- 52W Low:
- 52W High:
- Prev. Close:
- Market Cap.:
- $730.57 million
- Book Value:
- Revenue TTM:
- $416.80 million
- Operating Margin TTM:
- Gross Profit TTM:
- $254.27 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Artis REIT had its IPO on under the ticker symbol ARESF.
The company operates in the Real Estate sector and REIT-Diversified industry. Artis REIT has a staff strength of 172 employees.
Shares of Artis REIT opened at $5.76 at the start of the last trading session i.e. 2023-03-21.
The stocks traded within a range of $5.73 - $5.76, and closed at $5.73.
This is a -0.52% slip from the previous day's closing price.
A total volume of 475 shares were traded at the close of the day’s session.
In the last one week, shares of Artis REIT have slipped by -3.7%.
Artis REIT's Key Ratios
Artis REIT has a market cap of $730.57 million, indicating a price to book ratio of 0.4776 and a price to sales ratio of 2.1716.
In the last 12-months Artis REIT’s revenue was $416.80 million with a gross profit of $254.27 million and an EBITDA of $247.86 million. The EBITDA ratio measures Artis REIT's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Artis REIT’s operating margin was 59.17% while its return on assets stood at 3.38% with a return of equity of -0.23%.
In Q3, Artis REIT’s quarterly earnings growth was a positive 280% while revenue growth was a positive 46.5%.
Artis REIT’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-0.14 per share while it has a forward price to earnings multiple of 11.0988 and a PEG multiple of 0.61. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Artis REIT’s profitability.
Artis REIT stock is trading at a EV to sales ratio of 7.0969 and a EV to EBITDA ratio of 9.5354. Its price to sales ratio in the trailing 12-months stood at 2.1716.
Artis REIT stock pays annual dividends of $0.6 per share, indicating a yield of 7.03% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $5.18 billion
- Total Liabilities
- $2.17 billion
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Artis REIT ended 2023 with $5.18 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.18 billion while shareholder equity stood at $2.46 billion.
Artis REIT ended 2023 with $0 in deferred long-term liabilities, $2.17 billion in other current liabilities, 1748459000.00 in common stock, $138.81 million in retained earnings and $0 in goodwill. Its cash balance stood at $136.80 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $538.64 million.
Artis REIT’s total current assets stands at $873.37 million while long-term investments were $725.17 million and short-term investments were $0. Its net receivables were $17.88 million compared to accounts payable of $99.89 million and inventory worth $657.63 million.
In 2023, Artis REIT's operating cash flow was $-81677000.00 while its capital expenditure stood at $0.
Comparatively, Artis REIT paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Artis REIT stock is currently trading at $5.73 per share. It touched a 52-week high of $10.3845 and a 52-week low of $10.3845. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $6.73 and 200-day moving average was $7.84 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 2923.2% of the company’s stock are held by insiders while 3702.8% are held by institutions.
Frequently Asked Questions About Artis REIT
Similar Industry Stocks (REIT-Diversified)
Artis is a diversified Canadian real estate investment trust investing in industrial and office properties in Canada and the United States. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in select markets in Canada and the United States. As of September 30, 2020, Artis’ commercial property comprises approximately 23.8 million square feet of leasable area.