American Assets Trust, Inc. (AAT)
| Market Cap | 2.00B |
| Revenue (ttm) | 452.50M |
| Net Income (ttm) | 58.30M |
| Shares Out | 77.08M |
| EPS (ttm) | 0.97 |
| PE Ratio | 26.88 |
| Forward PE | 38.81 |
| Dividend | $1.34 (5.15%) |
| Ex-Dividend Date | Dec 5, 2024 |
| Volume | 379,578 |
| Open | 25.37 |
| Previous Close | 25.42 |
| Day's Range | 25.37 - 26.17 |
| 52-Week Range | 20.03 - 29.15 |
| Beta | 1.32 |
| Analysts | Hold |
| Price Target | 26.00 (0.0%) |
| Earnings Date | Feb 4, 2025 |
About AAT
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust ("REIT"), headquartered in San Diego, California. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation’s most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii. The company's office portfolio comprises appro... [Read more]
Financial Performance
In 2023, American Assets Trust's revenue was $436.78 million, an increase of 4.35% compared to the previous year's $418.57 million. Earnings were $50.38 million, an increase of 15.80%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for AAT stock is "Hold." The 12-month stock price forecast is $26.0, which is no change of 0.00% from the latest price.
News
American Assets Trust: A Quality Small-Cap REIT No One Is Talking About
American Assets Trust is a strong buy for long-term investors, showing robust performance despite economic challenges and a 32% YTD increase. AAT has consistently beaten top- and bottom-line estimates...
The State Of REITs: November 2024 Edition
The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3....
American Assets Trust, Inc. (AAT) Q3 2024 Earnings Call Transcript
American Assets Trust, Inc. (NYSE:AAT) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Ernest Rady - Chairman & Chief Executive Officer Adam Wyll - President & Chie...
American Assets Trust, Inc. Reports Third Quarter 2024 Financial Results
Net income available to common stockholders of $16.7 million and $47.8 million for the three and nine months ended September 30, 2024 , respectively, or $0.28 and $0.79 per diluted share, respectively...
October's 5 Dividend Growth Stocks With 5.10%+ Yields
Dividend growth stocks can offer a passive way to grow your cash flow over time that can be used to pay the bills during retirement. We screen for some attractive names to consider, looking at dividen...
2 Under-The-Radar REITs Retirees Should Get Familiar With
Real Estate Investment Trusts are ideal for retirees due to their legally mandated high dividend payouts, providing steady and reliable income. Saul Centers and American Assets Trust are two REITs wit...
American Assets Trust, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call Information
SAN DIEGO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “company”) will announce its third quarter 2024 earnings in a press release to be issued after the market close...
Two Dividend-Yielding REITs With Solid Upside Potential
REITs are attractive for income investors due to their high dividend payouts, and office REITs, in particular, offer solid long-term upside as office activity could see an increase in 2025/2026. Kilro...
American Assets Trust, Inc. Announces Pricing of $525 Million of 6.150% Senior Unsecured Notes Due 2034
SAN DIEGO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “company”) today announced that its operating partnership, American Assets Trust, L.P. (the “operating partne...
2 Unbeloved REITs That Offer Long-Term Upside Potential
Quality over quantity should be emphasized when selecting stocks. In this article, I recommend two office REITs I consider to fit the bill. Cousins Properties and American Assets Trust are highlighted...
American Assets Trust: Collect A 5.2% Yield From This Quality Office REIT
American Assets Trust has performed well, despite pandemic uncertainties surrounding the office sector, offering a 5% yield and solid financials. AAT's office portfolio is strong at 86.6%. They also s...
American Assets Trust, Inc. (AAT) Q2 2024 Earnings Call Transcript
American Assets Trust, Inc. (NYSE:AAT) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Ernest Rady - Chairman and CEO Adam Wyll - COO Bob Barton - CFO Steve Center - S...
American Assets Trust, Inc. Reports Second Quarter 2024 Financial Results
Net income available to common stockholders of $11.9 million and $31.2 million for the three and six months ended June 30, 2024 , respectively, or $0.20 and $0.52 per diluted share, respectively.
American Assets Trust, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call Information
SAN DIEGO, July 09, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its second quarter 2024 earnings in a press release to be issued after the market clos...
American Assets Trust: Office Weakness Trumps Green Shoots In Mixed-Use
American Assets Trust is a diversified REIT with a 50.1% exposure to the office sector. Net operating income grew 1.5% Y/Y in Q1 2024 on strength in hotels. Occupancy was down Y/Y in offices but incre...
American Assets Trust, Inc. (AAT) Q1 2024 Earnings Call Transcript
American Assets Trust, Inc. (NYSE:AAT) Q1 2024 Earnings Conference Call May 1, 2024 11:00 AM ET Company Participants Ernest Rady – Chairman and Chief Executive Officer Adam Wyll – Chief Operating Off...
American Assets Trust, Inc. Reports First Quarter 2024 Financial Results
Net income available to common stockholders of $19.3 million for the first quarter, or $0.32 per diluted share.
American Assets Trust, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call Information
SAN DIEGO, April 08, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its first quarter 2024 earnings in a press release to be issued after the market clos...
American Assets Trust: A Quality 6% Yielding REIT For Income-Focused Investors
American Assets Trust is a high-quality REIT that offers income investors a buying opportunity at a low P/FFO ratio of less than 9.0x, well below its 5-year average. AAT owns quality real estate in th...
American Assets Trust, Inc. (AAT) Q4 2023 Earnings Call Transcript
American Assets Trust, Inc. (AAT) Q4 2023 Earnings Call Transcript
American Assets Trust, Inc. Reports Fourth Quarter and Year End 2023 Financial Results
Net income available to common stockholders of $10.5 million and $50.4 million for the three months and year ended December 31, 2023 , respectively, or $0.17 and $0.84 per diluted share, respectively.
American Assets Trust: A Quality REIT You May Want To Consider For The Back To Office Recovery
American Assets Trust owns high-quality real estate in the San Diego area and other West Coast states like Washington and Oregon. AAT has faced challenges due to the COVID-19 pandemic, particularly in...
American Assets Trust, Inc. Releases Tax Status of 2023 Distributions
SAN DIEGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2023 dividend distributions as follows:
American Assets Trust, Inc. Announces Fourth Quarter and Year-End 2023 Earnings Release Date and Conference Call Information
SAN DIEGO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its fourth quarter and year-end 2023 earnings in a press release to be issued after th...
10 Of The Best REITs To Buy For 2024
The real estate sector has been one of the worst-performing sectors in 2023, but recently crossed into positive territory. Rising interest rates have negatively impacted REITs, but with the hiking cyc...