Rank Artis REIT Preferreds

This compare tool allows you to Rank Artis REIT Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Artis REIT preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

Artis REIT Brief Overview

Visit the Artis REIT company website to see the preferred share prospectus, news and other information.

Sector: Real Estate.

Core businesses and operations:

  1. Largest diversified commercial real estate investment trusts in Canada.
  2. portfolio consists of industrial, retail and office properties in Canada and the United States.

The latest information and statistics on their common stock AX, can be easily accessed using websites like TMX Money.

Dividend Payment Schedule: 2021MAR31 , 2021JUN30 , 2021SEP30 , 2021DEC31

Next Ex-Dividend Date: 2021Mar18. Ex Dividend Date Schedule: 2021MAR18 , 2021JUN18 , 2021SEP17 , 2021DEC17

 

Artis REIT Credit Rating

The latest credit rating for Artis REIT are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

S&P CorporateS&P PreferredsDBRS Long TermDBRS Preferred'sS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
PFD-3L

Artis REIT Common Share Metrics

Symbol: AX.UNCurrency: CADMarket Cap: $1,530,072,608Price: $11.40
P/E: 356.36P/B: 0.73Dividend: $0.135Yield: 4.74%
Beta: 0.8900

Artis REIT Overall Preferred Share Metrics

I have reviewed the full set of Artis REIT preferreds. Based on my review the following data points may be of interest to current and potential investors in the securities of "Artis REIT". In other words, this is what I think is worth highlighting in this set of preferred shares. In addition it provides a quick overview of the detailed information presented furher down this page.


Preferred issues: 3Lowest Current Yield: AX-I @ 6.19%Highest Current Yield: AX-E @ 6.60%Average Current Yield: 6.40%
5 Year Reset issues: 35YR Reset Lowest Reset Yield: AX-E @ 4.96%5YR Reset Highest Reset Yield: AX-I @ 6.18%5YR Reset Average Reset Yield: 5.54%
Lowest Rate Increase Percent: AX-I @ 3.00%Highest Rate Increase Percent: AX-E @ 20.00%Average Rate Increase Percent: 11.66%
Market Cap at Market Value: 273,584,555Market Cap at Face Value: 303,111,750Discount Amount: 29,527,195Discount Percent: 9.74%
Percent of Total Market Cap at Market Value: 0.38%Percent of Total Market Cap at Face Value: 0.36%



 
 

Rank Artis REIT Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


The following metrics are now only available on the premium version of this tool:


  1. Reset Date.
  2. Reset (Yield | Dividend).
  3. Blended (Yield | Dividend). A (What If) scenario. It represents the blended yield and dividend for the current issue. It should only be used as a reference. It is not meant to show actual returns for Yield/Dividend. This metric has merit only when applied across all issues being considered.
  4. Rate Increase Percent.
  5. Rate Increase To Value.
  6. New Spread increase. It shows the effect or the current price on the issue spread of the preferred. It shows the percent increase/decrease of the new spread
  7. New Spread Value.
  8. Short Position.
  9. Additional Features.
  10. Years To Double Initial Investment. How many years will it take for the initial investment to double.
  11. Outstanding float.
  12. Market Cap In Bilions.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
Last Updated: Market Data Mar-01 19:23, Model Metrics Mar-01 19:42
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
AX-A AX.PR.A CA04315L3039 $22.14$22.90$12.755yr + 4.06%06.41% $1.4200Artis_REIT_5.662%,_Series_A
AX-E AX.PR.E CA04315L7097 $20.75$21.83$11.985yr + 3.30%06.60% $1.3700Artis_REIT_5.47%,_Series_E
AX-I AX.PR.I CA04315L8657 $24.24$25.68$15.825yr min 6% + 3.93%06.19% $1.5000Artis_REIT_6.00%,_Series_I
 
 

Here is a Limited Version of the Premium - Compare Tool.

A limited number of rows is included with the full metrics. This is a sample only. See link at footer for information on subscription to the premium version


Last Updated: Market Data Mar-01 19:23, Model Metrics Mar-01 19:42
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)
Reset (Yield Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield Dividend)follow link passed the end of the table to see definition
Reset Date Y/M/DRate Increase percentRate Increase to valueNew Spread IncreaseNew Spread valueShort PositionAdditional FeaturesYears To Double Initial InvestmentOutstanding FloatName
AX-A AX.PR.A CA04315L3039 $22.14$22.90$12.755yr + 4.06%06.41% $1.420005.51% | $1.219505.73% $1.26 5@cy+15@ry2022sep30012%5.51%011%4.52%4,784Cumulative DTCEPI11.153,361,200Artis_REIT_5.662%,_Series_A
AX-E AX.PR.E CA04315L7097 $20.75$21.83$11.985yr + 3.30%06.60% $1.370004.96% | $1.029505.69% $1.18 9@cy+11@ry2023sep30020%4.96%017%3.86%9,121Cumulative DTCEPI10.843,797,730Artis_REIT_5.47%,_Series_E
rank Artis REIT preferreds https://canadianpreferredshares.ca

Additional Information

Continue to Rank Artis REIT Preferreds  page 2 of 3 where you can find

  1. What if “Yield Scenarios” for 5 year resets.
  2. Graph of all preferred share yields
  3. Propsectus Information

 

Continue To Page 2/3