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: 2023MAR31 , 2023JUN30 , 2023SEP30 , 2023DEC31

Next Ex-Dividend Date: 2023Mar18. Ex Dividend Date Schedule: 2023MAR18 , 2023JUN18 , 2023SEP17 , 2023DEC17


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 PreferredsS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term

Artis REIT Common Share Metrics

Symbol: AX.UNCurrency: CADMarket Cap: $1,065,425,308Price: $9.23
P/E: 7.11P/B: 1.21Dividend: $0.150Yield: 6.50%
Beta: 0.7300

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: 2Lowest Current Yield: AX-E @ 5.77%Highest Current Yield: AX-I @ 6.00%Average Current Yield: 5.88%
5 Year Reset issues: 25YR Reset Lowest Reset Yield: AX-E @ 7.24%5YR Reset Highest Reset Yield: AX-I @ 7.51%5YR Reset Average Reset Yield: 7.37%
Lowest Rate Change Percent: AX-I @ 0.00%Highest Rate Change Percent: AX-E @ 5.00%Average Rate Change Percent: 2.50%
Market Cap at Market Value: 214,334,587Market Cap at Face Value: 219,081,750Discount Amount: 4,747,163Discount Percent: 2.17%
Percent of Total Market Cap at Market Value: 0.42%Percent of Total Market Cap at Face Value: 0.31%


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).
  4. Rate Change Percent. Reflects the effect or the current price on the issue rate of the preferred. Here you see the effective new rate of the share due to its drop or rise of its share value
  5. Rate Change To Value.
  6. New Spread Change.
  7. New Spread Value.
  8. Short Position. If there is a short position on the preferred this shows the size of the short position
  9. Additional Features.
  10. Years To Double Initial Investment.
  11. Outstanding float.
  12. Market Cap In Bilions. The company Market Cap.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
Last Updated: Market Data 2023-Feb-24 20:27, Model Metrics 2023-Feb-27 18:57
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-E AX.PR.E CA04315L7097 $23.75$24.41$22.385YR + 3.30%05.77% $1.3700Artis_REIT_5.47%,_Series_E
AX-I AX.PR.I CA04315L8657 $25.00$25.97$23.775YR + 3.93% Min_6%06.00% $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 2023-Feb-24 20:27, Model Metrics 2023-Feb-27 18:57
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
Yield To CallReset Date Y/M/DRate Change percentRate Change to valueNew Spread valueShort PositionAdditional FeaturesYears To Double Initial InvestmentOutstanding FloatName
AX-E AX.PR.E CA04315L7097 $23.75$24.41$22.385YR + 3.30%05.77% $1.370007.24% | $1.720507.02% $1.66 3@cy+17@ryN/A2023-09-30005%7.24%3.47%20,766 Cumulative DTCEPI12.353,797,730Artis_REIT_5.47%,_Series_E
AX-I AX.PR.I CA04315L8657 $25.00$25.97$23.775YR + 3.93% Min_6%06.00% $1.500007.51% | $1.878007.43% $1.85 1@cy+19@ryN/A2023-04-30000%7.51%3.93%6,246 Cumulative DTCEPI11.894,965,540Artis_REIT_6.00%,_Series_I
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