Raymond James Financial Weighs in on Artis Real Estate Investment Trust’s Q1 2018 Earnings (AX)
Artis Real Estate Investment Trust (TSE:AX) – Equities research analysts at Raymond James Financial cut their Q1 2018 EPS estimates for shares of Artis Real Estate Investment Trust in a research note issued to investors on Tuesday. Raymond James Financial analyst K. Avalos now forecasts that the company will earn $0.36 per share for the quarter, down from their prior estimate of $0.37. Raymond James Financial also issued estimates for Artis Real Estate Investment Trust’s Q3 2018 earnings at $0.37 EPS and FY2018 earnings at $1.47 EPS.
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Artis Real Estate Investment Trust (TSE AX) opened at C$14.00 on Thursday. Artis Real Estate Investment Trust has a 12-month low of C$11.37 and a 12-month high of C$14.19.
The company also recently announced a monthly dividend, which was paid on Friday, October 13th. Shareholders of record on Saturday, September 30th were paid a $0.09 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $1.08 annualized dividend and a yield of 7.71%.
Artis Real Estate Investment Trust Company Profile
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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