American Assets Trust, Inc. (the ?company?) is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier retail, office 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, Oregon, Washington, Texas and Hawaii. The company's retail portfolio comprises approximately 3.2 million rentable square feet, and its office portfolio comprises approximately 2.7 million square feet. In addition, the company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,112 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. For additional information, please visit www.americanassetstrust.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:AAT
CUSIP02401310
Phone858-350-2600
Debt
Debt-to-Equity Ratio1.55
Current Ratio2.17
Quick Ratio2.17
Price-To-Earnings
Trailing P/E Ratio19.99
Forward P/E Ratio18.72
P/E Growth3.56
Sales & Book Value
Annual Sales$314.98 million
Price / Sales5.75
Cash Flow$2.4384 per share
Price / Cash15.74
Book Value$17.91 per share
Price / Book2.14
Profitability
EPS (Most Recent Fiscal Year)$1.92
Net Income$40.13 million
Net Margins6.60%
Return on Equity2.52%
Return on Assets0.95%
Miscellaneous
Employees194
Outstanding Shares47,210,000
American Assets Trust (NYSE:AAT) Frequently Asked Questions
What is American Assets Trust's stock symbol?
American Assets Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "AAT."
How often does American Assets Trust pay dividends? What is the dividend yield for American Assets Trust?
American Assets Trust declared a quarterly dividend on Wednesday, May 2nd. Shareholders of record on Thursday, June 14th will be paid a dividend of $0.27 per share on Thursday, June 28th. This represents a $1.08 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Wednesday, June 13th. View American Assets Trust's Dividend History.
How were American Assets Trust's earnings last quarter?
American Assets Trust, Inc (NYSE:AAT) posted its quarterly earnings data on Tuesday, May, 1st. The real estate investment trust reported ($0.01) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.16. The real estate investment trust earned $80.73 million during the quarter. American Assets Trust had a net margin of 6.60% and a return on equity of 2.52%. View American Assets Trust's Earnings History.
When is American Assets Trust's next earnings date?
What price target have analysts set for AAT?
4 equities research analysts have issued 1 year price objectives for American Assets Trust's stock. Their predictions range from $35.00 to $44.00. On average, they expect American Assets Trust's stock price to reach $40.75 in the next year. View Analyst Ratings for American Assets Trust.
Who are some of American Assets Trust's key competitors?
Some companies that are related to American Assets Trust include WP Carey (WPC), Lamar Advertising (LAMR), Douglas Emmett (DEI), National Retail Properties (NNN), Apartment Investment and Management (AIV), Liberty Property Trust (LPT), American Homes 4 Rent (AMH), New Residential Investment (NRZ), Omega Healthcare Investors (OHI), DCT Industrial Trust (DCT), RioCan Real Estate Investment Trust (RIOCF), Howard Hughes (HHC), Starwood Property Trust (STWD), American Campus Communities (ACC) and CubeSmart (CUBE).
Who are American Assets Trust's key executives?
American Assets Trust's management team includes the folowing people:
- Mr. Ernest Sylvan Rady, Chairman, Pres & CEO (Age 81)
- Mr. Robert F. Barton, Exec. VP, CFO, Treasurer & Principal Accounting Officer (Age 61)
- Mr. Adam Wyll, Sr. VP, Gen. Counsel & Sec. (Age 43)
- Mr. Jerry Gammieri, VP of Construction & Devel. (Age 53)
- Mr. Christopher E. Sullivan, VP of Retail Properties (Age 56)
Has American Assets Trust been receiving favorable news coverage?
Media stories about AAT stock have been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. American Assets Trust earned a daily sentiment score of 0.16 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 46.75 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are American Assets Trust's major shareholders?
American Assets Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include AMERICAN ASSETS TRUST, INC. (38.20%), BlackRock Inc. (13.32%), Victory Capital Management Inc. (3.47%), Millennium Management LLC (2.23%), Prudential Financial Inc. (2.13%) and Northern Trust Corp (2.02%). Company insiders that own American Assets Trust stock include Duane Nelles, Ernest S Rady and Jerry Gammieri. View Institutional Ownership Trends for American Assets Trust.
Which major investors are selling American Assets Trust stock?
AAT stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, OppenheimerFunds Inc., BNP Paribas Arbitrage SA, New York State Common Retirement Fund, Forward Management LLC, Teachers Insurance & Annuity Association of America, American International Group Inc. and Natixis Advisors L.P.. View Insider Buying and Selling for American Assets Trust.
Which major investors are buying American Assets Trust stock?
AAT stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Victory Capital Management Inc., JPMorgan Chase & Co., The Manufacturers Life Insurance Company , Prudential Financial Inc., BlackRock Inc., Citadel Advisors LLC and GSA Capital Partners LLP. Company insiders that have bought American Assets Trust stock in the last two years include Duane Nelles and Ernest S Rady. View Insider Buying and Selling for American Assets Trust.
How do I buy shares of American Assets Trust?
Shares of AAT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is American Assets Trust's stock price today?
One share of AAT stock can currently be purchased for approximately $38.38.
How big of a company is American Assets Trust?
American Assets Trust has a market capitalization of $1.78 billion and generates $314.98 million in revenue each year. The real estate investment trust earns $40.13 million in net income (profit) each year or $1.92 on an earnings per share basis. American Assets Trust employs 194 workers across the globe.
How can I contact American Assets Trust?
American Assets Trust's mailing address is 11455 EL CAMINO REAL SUITE 200, SAN DIEGO CA, 92130. The real estate investment trust can be reached via phone at 858-350-2600.
MarketBeat Community Rating for American Assets Trust (AAT)
MarketBeat's community ratings are surveys of what our community members think about American Assets Trust and other stocks. Vote "Outperform" if you believe AAT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AAT will underperform the S&P 500 over the long term. You may vote once every thirty days.
