Brokers Offer Predictions for Artis Real Estate Investment Trust’s FY2019 Earnings (AX)

Artis Real Estate Investment Trust (TSE:AX) – Equities researchers at Raymond James Financial issued their FY2019 earnings per share estimates for Artis Real Estate Investment Trust in a note issued to investors on Monday. Raymond James Financial analyst K. Avalos expects that the company will earn $1.49 per share for the year.

Artis Real Estate Investment Trust (TSE:AX) traded up C$0.09 on Wednesday, hitting C$14.06. 131,510 shares of the stock were exchanged, compared to its average volume of 200,397. The stock has a market cap of $2,120.00, a price-to-earnings ratio of 16.16 and a beta of 0.59. Artis Real Estate Investment Trust has a 12-month low of C$12.07 and a 12-month high of C$14.23.

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Artis Real Estate Investment Trust Company Profile

Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company’s objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis’ units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario.

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