American Assets Trust, Inc. (AAT)

NYSE: AAT · IEX Real-Time Price · USD
22.51
-0.46 (-2.00%)
Dec 29, 2023, 4:00 PM EST - Market closed
-2.00%
Market Cap 1.37B
Revenue (ttm) 434.67M
Net Income (ttm) 49.53M
Shares Out 60.72M
EPS (ttm) 0.83
PE Ratio 27.12
Forward PE 33.26
Dividend $1.32 (5.86%)
Ex-Dividend Date Dec 6, 2023
Volume 296,204
Open 22.98
Previous Close 22.97
Day's Range 22.51 - 22.98
52-Week Range 16.04 - 29.73
Beta 1.22
Analysts Hold
Price Target 20.00 (-11.15%)
Earnings Date Feb 6, 2024

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 approxi... [Read more]

Sector Real Estate
IPO Date Jan 13, 2011
Employees 229
Stock Exchange NYSE
Ticker Symbol AAT
Full Company Profile

Financial Performance

In 2022, AAT's revenue was $422.65 million, an increase of 12.46% compared to the previous year's $375.83 million. Earnings were $43.51 million, an increase of 53.32%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for AAT stock is "Hold" and the 12-month stock price forecast is $20.0.

Price Target
$20.0
(-11.15% downside)
Analyst Consensus: Hold
Stock Forecasts

News

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

23 days ago - GlobeNewsWire

American Assets Trust, Inc. Reports Third Quarter 2023 Financial Results

Net income available to common stockholders of $11.8 million and $39.9 million for the three and nine months ended September 30, 2023 , respectively, or $0.20 and $0.66 per diluted share, respectively...

2 months ago - GlobeNewsWire

American Assets Trust, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference Call Information

SAN DIEGO, Sept. 27, 2023 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its third quarter 2023 earnings in a press release to be issued after the market clos...

3 months ago - GlobeNewsWire

American Assets Trust, Inc. Reports Second Quarter 2023 Financial Results

Net income available to common stockholders of $12.0 million and $28.1 million for the three and six months ended June 30, 2023 , respectively, or $0.20 and $0.47 per diluted share, respectively.

5 months ago - GlobeNewsWire

American Assets Trust, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference Call Information

SAN DIEGO, July 10, 2023 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its second quarter 2023 earnings in a press release to be issued after the market clos...

6 months ago - GlobeNewsWire

American Assets Trust, Inc. Reports First Quarter 2023 Financial Results

Net income available to common stockholders of $16.1 million for the first quarter, or $0.27 per diluted share.

8 months ago - GlobeNewsWire

American Assets Trust, Inc. Announces First Quarter 2023 Earnings Release Date and Conference Call Information

SAN DIEGO, April 03, 2023 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its first quarter 2023 earnings in a press release to be issued after the market clos...

9 months ago - GlobeNewsWire

American Assets Trust, Inc. Reports Fourth Quarter and Year End 2022 Financial Results

Net income available to common stockholders of $9.6 million and $43.5 million for the three months and year ended December 31, 2022 , respectively, or $0.16 and $0.72 per diluted share, respectively.

11 months ago - GlobeNewsWire

American Assets Trust, Inc. Releases Tax Status of 2022 Distributions

SAN DIEGO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2022 dividend distributions as follows:

1 year ago - GlobeNewsWire

American Assets Trust, Inc. Announces Fourth Quarter and Year-End 2022 Earnings Release Date and Conference Call Information

SAN DIEGO, Jan. 12, 2023 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its fourth quarter and year-end 2022 earnings in a press release to be issued after th...

1 year ago - GlobeNewsWire

American Assets Trust, Inc. Increases Borrowings and Extends Maturity Date in its Amended and Restated Term Loan Agreement

SAN DIEGO, Jan. 05, 2023 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) announced today that it has amended and restated its existing term loan agreement.

1 year ago - GlobeNewsWire

American Assets Trust, Inc. Reports Third Quarter 2022 Financial Results

Net income available to common stockholders of $12.8 million and $33.9 million for the three and nine months ended September 30, 2022 , respectively, or $0.21 and $0.56 per diluted share, respectively...

1 year ago - GlobeNewsWire

American Assets Trust, Inc. Announces Third Quarter 2022 Earnings Release Date and Conference Call Information

SAN DIEGO, Sept. 29, 2022 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its third quarter 2022 earnings in a press release to be issued after the market clos...

1 year ago - GlobeNewsWire

American Assets Trust, Inc. Reports Second Quarter 2022 Financial Results

Net income available to common stockholders of $10.6 million and $21.1 million for the three and six months ended June 30, 2022, respectively, or $0.18 and $0.35 per diluted share, respectively.

1 year ago - GlobeNewsWire

American Assets Trust, Inc. Announces Second Quarter 2022 Earnings Release Date and Conference Call Information

SAN DIEGO, July 05, 2022 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its second quarter 2022 earnings in a press release to be issued after the market clos...

1 year ago - GlobeNewsWire

American Assets Trust, Inc. Reports First Quarter 2022 Financial Results

Net income available to common stockholders of $10.5 million for the first quarter, or $0.18 per diluted share.

1 year ago - GlobeNewsWire

American Assets Trust, Inc. Announces First Quarter 2022 Earnings Release Date and Conference Call Information

SAN DIEGO, April 05, 2022 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its first quarter 2022 earnings in a press release to be issued after the market clos...

1 year ago - GlobeNewsWire

American Assets Trust, Inc. Acquires Bel-Spring 520 Office Campus in Bellevue, Washington

SAN DIEGO, March 08, 2022 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) has successfully closed on the acquisition of Bel-Spring 520, consisting of an approximately 93,00...

1 year ago - GlobeNewsWire

American Assets Trust, Inc. Reports Fourth Quarter and Year End 2021 Financial Results

Net income available to common stockholders of $8.1 million and $28.4 million for the three months and year ended December 31, 2021, respectively, or $0.14 and $0.47 per diluted share, respectively.

2 years ago - GlobeNewsWire

American Assets Trust, Inc. Releases Tax Status of 2021 Distributions

SAN DIEGO, Jan. 18, 2022 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2021 dividend distributions as follows:

2 years ago - GlobeNewsWire

American Assets Trust, Inc. Announces Fourth Quarter and Year-End 2021 Earnings Release Date and Conference Call Information

SAN DIEGO, Jan. 12, 2022 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its fourth quarter and year-end 2021 earnings in a press release to be issued after th...

2 years ago - GlobeNewsWire

American Assets Trust, Inc. Increases Revolving Line of Credit to $400 Million and Extends Maturity Date in Its Third Amended and Restated Credit Agreement

SAN DIEGO, Jan. 05, 2022 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) announced today that it has amended and restated its existing credit agreement.

2 years ago - GlobeNewsWire

American Assets Trust, Inc. Reports Third Quarter 2021 Financial Results

Net income available to common stockholders of $10.0 million and $20.2 million for the three and nine months ended September 30, 2021, respectively, or $0.17 and $0.34 per diluted share, respectively

2 years ago - GlobeNewsWire

American Assets Trust, Inc. Announces Third Quarter 2021 Earnings Release Date and Conference Call Information

SAN DIEGO, Oct. 01, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its third quarter 2021 earnings in a press release to be issued after the market close...

2 years ago - GlobeNewsWire

American Assets Trust, Inc. Acquires Corporate Campus East III in Bellevue, Washington

SAN DIEGO, Sept. 10, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) has successfully closed on the acquisition of Corporate Campus East III, consisting of an approxim...

2 years ago - GlobeNewsWire