Artis Real Estate Investment Trust remains stable amidst recent news.
This week, Artis Real Estate Investment Trust (AX-UN.TO) has seen no significant movement in its stock price, closing at C$25.61 with a 1D change of 0.00%. Despite this stability, the REIT has been active in the market, recently renewing its normal course issuer bid, which could influence future trading activity.
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Artis Real Estate Investment Trust
AX-UN.TO
AX-UN.TO
Artis Real Estate Investment Trust
WealthAwesomeMarket cap
$846.42M
Div. yield
6.52%
Div. / share
$0.60
52W high
$34.16
52W low
$17.26
1W change
+0.00%
Beta
0.67
Analyst Price Targets
Based on analyst covering AX-UN · as of Sep 17, 2026
Wall Street analysts forecast AX-UN stock price to fall 70.7% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$7.50
-70.7% Upside
Current Price
C$25.61
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AX-UN's historical volatility
30-Day Vol
71.7%
Annualized
90-Day Vol
211.6%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$30.62
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$27.18 | C$21.22 – C$34.81 |
| 60 trading days | C$28.85 | C$20.33 – C$40.93 |
| 90 trading days | C$30.62 | C$19.95 – C$47.00 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Artis REIT's recent activities, including the renewal of its issuer bid and steady leasing performance, reflect a strategic focus on enhancing shareholder value, though analysts maintain a bearish outlook on the stock's future price movements.
Artis REIT's stock is up 218.53% year-to-date.
With a year-to-date increase of over 200%, Artis REIT has demonstrated remarkable resilience, yet it still faces challenges reflected in its current financial metrics.
Bull case
The renewal of the normal course issuer bid could help support the stock by reducing the number of shares available in the market, which may stabilize or even increase the share price. Additionally, improving occupancy rates could lead to better financial performance in the future.
Bear case
Despite its recent progress, Artis REIT's fundamentals raise concerns, particularly regarding its profit margin and negative return on equity. Furthermore, the average analyst target suggests a significant downside from the current price, indicating skepticism about the REIT's ability to recover in the near term.
Price Action Overview
Artis Real Estate Investment Trust’s stock closed at C$25.61, showing no change over the past day or week. The year-to-date performance, however, is noteworthy, with the stock up 218.53%. This significant increase highlights the REIT's recovery trajectory despite recent challenges.
Recent Company News
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Artis REIT has recently announced the renewal of its normal course issuer bid, allowing the company to repurchase up to 10% of its public float. This move aims to enhance shareholder value and could provide some support for the stock in the marketplace. Additionally, the REIT has released its quarterly results, indicating improved occupancy rates and ongoing efforts to strengthen its balance sheet.
Technical Picture
The technical indicators for Artis REIT show a current price significantly above both the 50-day and 200-day moving averages, which stand at C$8.54 and C$7.42, respectively. The stock has a beta of 0.67, indicating lower volatility compared to the broader market. The 52-week range is between C$17.26 and C$34.16, with the current price at approximately 49% of this range. The trading volume has been lower than average, with the latest volume at 72,340 shares compared to a 20-day average of 158,100 shares.
Insider Activity
No significant insider activity has been reported for Artis REIT this week.
Analyst Outlook
Analysts hold a bearish outlook on Artis REIT, with an average target price of C$7.50, suggesting a potential decline of 70.7% from the current trading levels. This cautious stance reflects concerns over the REIT's profitability and future growth prospects.
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