American Assets Trust (AAT) Stock Price, News & Analysis

Company Overview

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 approximately 4.1 million rentable square feet, and its retail portfolio comprises approximately 3.1 million rentable square feet. In addition, the company owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,110 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.

Key Stats

• Today's Range: $27.35 to $27.80
• 50-Day Range: $26.11 to $28.22
• 52-Week Range: $18.44 to $28.96
• Volume: 161,130 shs
• Average Volume: 275,905 shs
• Market Capitalization: $1.69 billion
• P/E Ratio: 30.42
• Dividend Yield: 4.84%
• Price Target: $25.00
• Consensus Rating: Hold

American Assets Trust Stock Analysis - MarketRank™

American Assets Trust scored higher than 62% of companies evaluated by MarketBeat, and ranked 501st out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

American Assets Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

American Assets Trust has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -9.09%

Earnings Growth

Earnings for American Assets Trust are expected to decrease by -9.09% in the coming year, from $2.53 to $2.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of American Assets Trust is 30.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.16.

Price to Earnings Ratio vs. Sector

The P/E ratio of American Assets Trust is 30.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.34.

Price to Book Value per Share Ratio

American Assets Trust has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.76% of the float of American Assets Trust has been sold short.

Short Interest Ratio / Days to Cover

American Assets Trust has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in American Assets Trust has recently decreased by 10.12%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

American Assets Trust is a leading dividend payer. It pays a dividend yield of 4.96%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

American Assets Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of American Assets Trust is 147.25%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, American Assets Trust will have a dividend payout ratio of 58.26% next year. This indicates that American Assets Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.76% of the float of American Assets Trust has been sold short.

Short Interest Ratio / Days to Cover

American Assets Trust has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in American Assets Trust has recently decreased by 10.12%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 1.89

News Sentiment

American Assets Trust has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for American Assets Trust this week, compared to 2 articles on an average week.

MarketBeat Follows

2 people have added American Assets Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, American Assets Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

37.32% of the stock of American Assets Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

90.43% of the stock of American Assets Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AAT Stock Analysis - Frequently Asked Questions

How have AAT shares performed this year?

American Assets Trust's stock was trading at $22.51 at the beginning of the year. Since then, AAT shares have increased by 23.0% and is now trading at $27.68.
View the best growth stocks for 2024 here.

How were American Assets Trust's earnings last quarter?

American Assets Trust, Inc. (NYSE:AAT) issued its earnings results on Tuesday, July, 30th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $0.53 by $0.33. The real estate investment trust earned $110.89 million during the quarter, compared to analysts' expectations of $107.66 million. American Assets Trust had a trailing twelve-month return on equity of 5.08% and a net margin of 12.76%.

Who are American Assets Trust's major shareholders?

American Assets Trust's top institutional shareholders include State Street Corp (4.64%), Charles Schwab Investment Management Inc. (2.42%), Geode Capital Management LLC (2.08%) and UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (0.68%).
View institutional ownership trends.

How do I buy shares of American Assets Trust?

Shares of AAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of American Assets Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American Assets Trust investors own include NVIDIA (NVDA), Tesla (TSLA), Chevron (CVX), Meta Platforms (META), Advanced Micro Devices (AMD), Visa (V) and Intel (INTC).

Company Calendar

• Last Earnings: 7/30/2024
• Ex-Dividend for 9/19 Dividend: 9/05/2024
• Dividend Payable: 9/19/2024
• Today: 11/20/2024
• Ex-Dividend for 12/19 Dividend: 12/05/2024
• Dividend Payable: 12/19/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Diversified REITs
• Current Symbol: NYSE:AAT
• CUSIP: 02401310
• CIK: 1500217
• Web: www.americanassetstrust.com
• Phone: (858) 350-2600
• Fax: 858-350-2620
• Employees: 220
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $25.00
• High Stock Price Target: $26.00
• Low Stock Price Target: $24.00
• Potential Upside/Downside: -9.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.91
• Trailing P/E Ratio: 30.42
• Forward P/E Ratio: 10.94
• P/E Growth: N/A
• Net Income: $64.69 million
• Net Margins: 12.76%
• Pretax Margin: 16.36%
• Return on Equity: 5.08%
• Return on Assets: 1.89%

Debt

• Debt-to-Equity Ratio: 1.86
• Current Ratio: 8.53
• Quick Ratio: 8.53

Sales & Book Value

• Annual Sales: $441.16 million
• Price / Sales: 3.82
• Cash Flow: $2.92 per share
• Price / Cash Flow: 9.49
• Book Value: $18.94 per share
• Price / Book: 1.46

Miscellaneous

• Outstanding Shares: 60,900,000
• Free Float: 38,173,000
• Market Cap: $1.69 billion
• Optionable: Optionable
• Beta: 1.29