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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Assets Trust in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AAT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AAT, but not buy additional shares or sell existing shares.
View AAT analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 1-year target prices for American Assets Trust's stock. Their AAT share price forecasts range from $21.00 to $21.00. On average, they anticipate the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price.
View analysts price targets for AAT or view top-rated stocks among Wall Street analysts.

American Assets Trust's stock was trading at $26.50 at the beginning of the year. Since then, AAT stock has decreased by 28.3% and is now trading at $19.00.
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American Assets Trust saw a decrease in short interest in August. As of August 31st, there was short interest totaling 1,430,000 shares, a decrease of 5.9% from the August 15th total of 1,520,000 shares. Based on an average daily volume of 343,200 shares, the short-interest ratio is presently 4.2 days. Currently, 3.0% of the shares of the company are short sold.
View American Assets Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our AAT earnings forecast.

American Assets Trust, Inc. (NYSE:AAT) posted its quarterly earnings data on Wednesday, February, 8th. The real estate investment trust reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.55 by $0.39. The real estate investment trust earned $106 million during the quarter, compared to analysts' expectations of $107.44 million. American Assets Trust had a net margin of 11.63% and a trailing twelve-month return on equity of 4.26%. During the same quarter in the prior year, the business earned $0.54 earnings per share.

American Assets Trust declared a quarterly dividend on Tuesday, July 25th. Shareholders of record on Thursday, September 7th will be given a dividend of $0.33 per share on Thursday, September 21st. This represents a $1.32 dividend on an annualized basis and a yield of 6.95%. The ex-dividend date of this dividend is Wednesday, September 6th.
Read our dividend analysis for AAT.

Virtus Real Asset Income ETF holds 11,478 shares of AAT stock, representing 1.27% of its portfolio.

American Assets Trust (NYSE:AAT) pays an annual dividend of $1.32 per share and currently has a dividend yield of 6.95%. AAT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 157.14%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AAT will have a dividend payout ratio of 57.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AAT.

American Assets Trust updated its FY 2023 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $2.28-$2.36 for the period, compared to the consensus estimate of $2.28. The company issued revenue guidance of -.

8 employees have rated American Assets Trust Chief Executive Officer John W. Chamberlain on Glassdoor.com. John W. Chamberlain has an approval rating of 66% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other American Assets Trust investors own include Bank of America (BAC), Intelsat (I), AMC Entertainment (AMC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Ciena (CIEN), Apollo Global Management (APO), China Unicom (Hong Kong) (CHU) and First Data (FDC).

American Assets Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "AAT."

American Assets Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (18.79%), State Street Corp (5.31%), Nuveen Asset Management LLC (2.70%), Nuveen Asset Management LLC (2.70%), LSV Asset Management (2.17%) and Geode Capital Management LLC (1.86%). Insiders that own company stock include Adam Wyll and Ernest S Rady.
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Shares of AAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AAT stock can currently be purchased for approximately $19.00.

American Assets Trust (NYSE:AAT) has a market capitalization of $1.15 billion and generates $422.65 million in revenue each year. The real estate investment trust earns $55.88 million in net income (profit) each year or $0.84 on an earnings per share basis.

The company employs 220 workers across the globe.

American Assets Trust's mailing address is 11455 EL CAMINO REAL SUITE 200, SAN DIEGO CA, 92130. The official website for the company is www.americanassetstrust.com. The real estate investment trust can be reached via phone at (858) 350-2600 or via fax at 858-350-2620.