Artis Real Estate Investment Trust (AX) Expected to Post Q4 2017 Earnings of $0.34 Per Share

Artis Real Estate Investment Trust (TSE:AX) – Research analysts at National Bank Financial issued their Q4 2017 earnings estimates for Artis Real Estate Investment Trust in a report released on Monday. National Bank Financial analyst M. Kornack forecasts that the company will earn $0.34 per share for the quarter. National Bank Financial also issued estimates for Artis Real Estate Investment Trust’s FY2018 earnings at $1.40 EPS and FY2019 earnings at $1.44 EPS.

Artis Real Estate Investment Trust (AX) opened at C$13.56 on Wednesday. The stock has a market capitalization of $2,040.00, a PE ratio of 15.59 and a beta of 0.56. Artis Real Estate Investment Trust has a fifty-two week low of C$12.41 and a fifty-two week high of C$14.42.

The company also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be issued a dividend of $0.09 per share. This represents a $1.08 dividend on an annualized basis and a yield of 7.96%. The ex-dividend date of this dividend is Tuesday, January 30th.

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About Artis Real Estate Investment Trust

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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