Artis Real Estate Investment Trust (ARESF)

OTCMKTS · Delayed Price · Currency is USD
5.05
-0.13 (-2.51%)
May 22, 2025, 10:17 AM EDT
6.32%
Market Cap 497.66M
Revenue (ttm) 138.86M
Net Income (ttm) -29.09M
Shares Out n/a
EPS (ttm) -0.28
PE Ratio n/a
Forward PE n/a
Dividend 0.43 (8.30%)
Ex-Dividend Date May 30, 2025
Volume 100
Average Volume 9,337
Open 5.05
Previous Close 5.18
Day's Range 5.05 - 5.05
52-Week Range 4.46 - 6.01
Beta 1.03
RSI 43.70
Earnings Date May 8, 2025

About ARESF

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis’s vision is to become a best-in-class real estate asset management and investment platform focused on value investing. [Read more]

Sector Real Estate
Founded 2004
Employees 143
Stock Exchange OTCMKTS
Ticker Symbol ARESF
Full Company Profile

Financial Performance

In 2024, ARESF's revenue was 206.47 million, a decrease of -23.14% compared to the previous year's 268.64 million. Losses were -60.40 million, -82.50% less than in 2023.

Financial numbers in CAD Financial Statements

News

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION

WINNIPEG, MB , May 15, 2025 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX) announced that its trustees have declared a monthly cash distribution of $0.05 per trust unit ...

7 days ago - Benzinga

ARTIS REAL ESTATE INVESTMENT TRUST RELEASES FIRST QUARTER RESULTS

WINNIPEG, MB , May 8, 2025 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX) (TSX: AX) (TSX: AX) announced today its financial results for the three months ended March 31...

14 days ago - Benzinga

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES TIMING OF RELEASE OF Q1-25 RESULTS AND CONFERENCE CALL

WINNIPEG, MB , April 3, 2025 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX) announced today that it intends to release its financial results for the quarter ended March ...

7 weeks ago - Benzinga

Artis REIT: 8.5% Yield On Preferreds Beats The Common

Artis Real Estate Investment Trust's Q4-2024 showed continued success with their deleveraging efforts. The REIT's secured a new $520 million in credit facilities, addressing upcoming debt maturities a...

2 months ago - Seeking Alpha

Artis Real Est In Tr (ARESF) Q4 2024 Earnings Call Transcript

Artis Real Est In Tr (OTC:ARESF) Q4 2024 Earnings Conference Call March 7, 2025 1:00 PM ET Company Participants Heather Nikkel - SVP, IR and Sustainability Samir Manji - President and CEO Jaclyn Koeni...

2 months ago - Seeking Alpha

Artis REIT: High Yielder Completes Deleveraging

Artis REIT's Q3-2024 results showed successful asset sales, reducing debt to gross book value ratio below 40%. Despite improvements, challenges remain with office sector exposure, lower market rents, ...

6 months ago - Seeking Alpha

Artis Real Est In Tr (ARESF) Q3 2024 Earnings Call Transcript

Artis Real Est In Tr (OTC:ARESF) Q3 2024 Earnings Call Transcript November 8, 2024 1:00 PM ET Company Participants Heather Nikkel - IR Samir Manji - President and CEO Jaclyn Koenig - CFO Kim Riley - C...

6 months ago - Seeking Alpha

Artis REIT: Switch Between The Preferreds

Artis REIT is deleveraging and heading in the right direction. Q2 2024 results show improvement in revenues, NOI, FFO, and AFFO. We go over the results and tell you why the higher yielding preferred s...

9 months ago - Seeking Alpha

Artis Real Est In Tr (ARESF) Q2 2024 Earnings Call Transcript

Artis Real Est In Tr (OTC:ARESF) Q2 2024 Earnings Conference Call August 9, 2024 1:00 PM ET Company Participants Heather Nikkel - IR Samir Manji - President and CEO Conference Call Participants Jonath...

10 months ago - Seeking Alpha

Artis REIT: Deleveraging Makes High-Yield Preferred Attractive

On our last coverage, Artis REIT was paying a lofty dividend that was uncovered by its AFFO. We look at the Q1-2024 results and update our views. The recent asset sales are definitely helping in deris...

1 year ago - Seeking Alpha

Artis Real Est In Tr (ARESF) Q1 2024 Earnings Call Transcript

Artis Real Est In Tr (OTC:ARESF) Q1 2024 Results Conference Call May 3, 2024 1:00 PM ET Company Participants Heather Nikkel - IR Samir Manji - President and CEO Jaclyn Koenig - CFO Kim Riley - COO Phi...

1 year ago - Seeking Alpha

Artis REIT: Should You AX It From Your Portfolio?

Artis's unit price has fallen significantly since the beginning of the rate hike cycle, and we wanted to take a closer look due to its low valuation and high yield. The REIT's portfolio consists of in...

1 year ago - Seeking Alpha

Artis: 10% Distribution Yield Likely Gets Cut In The Next 12 Months

Artis Real Est In Tr reported strong gains in office and industrial net operating income in Q4 2023. However, funds from operations, or FFO, and adjusted FFO per unit declined. The strategic review wa...

1 year ago - Seeking Alpha

Artis Real Estate Investment Trust (ARESF) Q4 2023 Earnings Call Transcript

Artis Real Estate Investment Trust (ARESF) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Artis: Retail Asset Sales Reduce Risk Further For This 10.9% Yielder

Artis has felt the issues with rising interest expense married to a short debt maturity profile. Retail asset sales of $222 million were done just before Christmas. We examine the setup and tell you w...

1 year ago - Seeking Alpha

Artis Real Est In Tr (ARESF) Q3 2023 Earnings Call Transcript

Artis Real Est In Tr (OTC:ARESF) Q3 2023 Earnings Conference Call November 3, 2023 1:00 PM ET Company Participants Heather Nikkel - IR Samir Manji - President and CEO Jaclyn Koenig - CFO Kim Riley - C...

1 year ago - Seeking Alpha

Artis: Heavily Discounted REIT, Here Is One Way To Play It

Artis REIT announced the establishment of a Special Committee to explore strategic alternatives to maximize value for unitholders. Q2-2023 results show strong net operating income (NOI) growth, driven...

1 year ago - Seeking Alpha

Artis Real Estate Investment Trust (ARESF) Q2 2023 Earnings Call Transcript

Artis Real Estate Investment Trust (OTC:ARESF) Q2 2023 Earnings Conference Call August 3, 2023 1:00 PM ET Company Participants Heather Nikkel - Investor Relations Samir Manji - President and Chief Exe...

1 year ago - Seeking Alpha

Artis REIT: Now 8.5% Yield And 60% Discount To NAV

Artis REIT had a strong quarter from a NOI perspective. Occupancies remained strong, even in the office segment. The numbers in the title look compelling, but we show you why we are still not biting.

2 years ago - Seeking Alpha

Artis Real Est In Tr (ARESF) Q1 2023 Earnings Call Transcript

Artis Real Est In Tr ( ARESF) Q1 2023 Earnings Conference Call May 12, 2023 1:00 PM ET Company Participants Heather Nikkel - Vice President-Investor Relations & Sustainability Samir Manji - President...

2 years ago - Seeking Alpha

Artis REIT: Priced For Impending Doom

Artis trades at 40% of NAV which is where Allied Properties trades (a pure-play office REIT). Management has made moves that improve unitholder value but major challenges lie ahead with rising rates.

2 years ago - Seeking Alpha

Artis Real Est In Tr (ARESF) Q4 2022 Earnings Call Transcript

Artis Real Est In Tr ( ARESF) Q4 2022 Earnings Conference Call March 1, 2023 1:00 PM ET Company Participants Heather Nikkel - Vice President-Investor Relations & Sustainability Samir Manji - Presiden...

2 years ago - Seeking Alpha