American Assets Trust (NYSE:AAT - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.870-2.010 for the period, compared to the consensus EPS estimate of 2.220. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
AAT has been the topic of several research reports. Morgan Stanley raised their price objective on American Assets Trust from $23.00 to $24.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 30th. Mizuho lifted their price objective on American Assets Trust from $26.00 to $28.00 and gave the company a "neutral" rating in a report on Tuesday, December 10th.
Check Out Our Latest Research Report on AAT
American Assets Trust Stock Down 0.6 %
Shares of NYSE AAT traded down $0.13 during midday trading on Friday, reaching $22.60. 390,583 shares of the company's stock traded hands, compared to its average volume of 276,420. The stock's 50 day simple moving average is $25.61 and its 200-day simple moving average is $26.33. The company has a quick ratio of 8.53, a current ratio of 8.17 and a debt-to-equity ratio of 1.80. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 25.39 and a beta of 1.30. American Assets Trust has a one year low of $20.03 and a one year high of $29.15.
American Assets Trust (NYSE:AAT - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.41. American Assets Trust had a return on equity of 4.98% and a net margin of 12.40%. On average, analysts predict that American Assets Trust will post 1.94 EPS for the current fiscal year.
American Assets Trust Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be issued a $0.34 dividend. This is a boost from American Assets Trust's previous quarterly dividend of $0.34. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date is Thursday, March 6th. American Assets Trust's dividend payout ratio (DPR) is currently 150.56%.
Insider Buying and Selling
In related news, COO Adam Wyll sold 30,238 shares of the company's stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $28.22, for a total transaction of $853,316.36. Following the transaction, the chief operating officer now directly owns 45,595 shares of the company's stock, valued at $1,286,690.90. This represents a 39.87 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 37.32% of the stock is currently owned by company insiders.
About American Assets Trust
(
Get Free Report)
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.
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