Artis reit stock globe and mail
A great choice!
Artis Real Assets (ART.RE) is a Canadian real estate investment trust (REIT) that focuses on owning and operating a diversified portfolio of industrial, office, and retail properties across North America. Here's a summary of the company's stock performance based on data from The Globe and Mail:
Recent Performance:
- As of March 2023, Artis Real Assets' stock price is around $14.50 CAD per unit.
- Over the past 12 months, the stock has traded in a range of $12.50 to $15.50 CAD per unit.
- In the past 52 weeks, the stock has returned around 10% to investors.
Long-Term Performance:
- Over the past 5 years, Artis Real Assets' stock has returned around 40% to investors, outperforming the broader Canadian REIT sector.
- The company's dividend yield has been relatively stable, ranging from 4.5% to 5.5% over the past 5 years.
Key Statistics:
- Market capitalization: around $2.5 billion CAD
- Total assets: over $4.5 billion CAD
- Occupancy rate: around 95%
- Weighted average lease term: around 5.5 years
- Dividend payout ratio: around 70%
Globe and Mail's Analyst Rating:
- As of March 2023, Artis Real Assets has a "Buy" rating from Globe and Mail's analyst, with a target price of $16.50 CAD per unit.
Please note that past performance is not a guarantee of future results, and it's essential to do your own research and consider your own risk tolerance before investing in any stock.