American Assets Trust (NYSE:AAT) Updates FY 2025 Earnings Guidance

Key Points

• American Assets Trust has updated its FY 2025 earnings guidance to an EPS range of 1.890-2.010, slightly deviating from the consensus estimate of 1.960.
• The company's stock rose 2.4%, closing at $20.41, with a debt-to-equity ratio of 1.47 and a market capitalization of $1.25 billion.
• A quarterly dividend of $0.34 per share was recently announced, resulting in a 6.67% yield, although the company's dividend payout ratio stands at 107.09%.

American Assets Trust (NYSE:AAT - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.890-2.010 for the period, compared to the consensus estimate of 1.960. The company issued revenue guidance of -.

American Assets Trust Trading Down 1.8%

Shares of NYSE:AAT traded down $0.34 during trading on Friday, reaching $18.70. The stock had a trading volume of 595,466 shares, compared to its average volume of 382,045. The business has a fifty day moving average price of $20.12 and a 200-day moving average price of $20.59. The company has a quick ratio of 4.12, a current ratio of 3.55 and a debt-to-equity ratio of 1.50. The stock has a market cap of $1.14 billion, a P/E ratio of 16.12 and a beta of 1.17. American Assets Trust has a fifty-two week low of $16.69 and a fifty-two week high of $29.15.

American Assets Trust (NYSE:AAT - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.49 by $0.03. The business had revenue of $107.93 million during the quarter, compared to analyst estimates of $107.75 million. American Assets Trust had a net margin of 16.26% and a return on equity of 6.47%. As a group, analysts anticipate that American Assets Trust will post 1.94 earnings per share for the current fiscal year.

American Assets Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend is Thursday, September 4th. American Assets Trust's payout ratio is currently 117.24%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on AAT shares. Wall Street Zen lowered shares of American Assets Trust from a "buy" rating to a "hold" rating in a research report on Saturday. Morgan Stanley lowered their target price on shares of American Assets Trust from $24.00 to $20.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th.

Institutional Investors Weigh In On American Assets Trust

A number of institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC grew its holdings in American Assets Trust by 534.0% in the first quarter. Jane Street Group LLC now owns 158,297 shares of the real estate investment trust's stock valued at $3,188,000 after purchasing an additional 133,329 shares during the period. Royal Bank of Canada grew its holdings in American Assets Trust by 38.7% in the first quarter. Royal Bank of Canada now owns 33,674 shares of the real estate investment trust's stock valued at $678,000 after purchasing an additional 9,393 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in American Assets Trust by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,490 shares of the real estate investment trust's stock worth $574,000 after buying an additional 1,240 shares during the period. Finally, Strs Ohio purchased a new stake in American Assets Trust during the first quarter worth approximately $175,000. 90.41% of the stock is currently owned by hedge funds and other institutional investors.

American Assets Trust Company Profile

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.