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 2.6 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:AAT
CUSIP02401310
Phone858-350-2600
Debt
Debt-to-Equity Ratio1.56
Current Ratio2.70
Quick Ratio2.70
Price-To-Earnings
Trailing P/E Ratio18.16
Forward P/E Ratio18.16
P/E Growth3.4
Sales & Book Value
Annual Sales$314.98 million
Price / Sales5.64
Cash Flow$2.3943 per share
Price / Cash15.70
Book Value$17.91 per share
Price / Book2.10
Profitability
EPS (Most Recent Fiscal Year)$1.92
Net Income$40.13 million
Net Margins5.70%
Return on Equity2.25%
Return on Assets0.84%
Miscellaneous
Employees194
Outstanding Shares47,220,000
Market Cap$1.78 billion
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 Thursday, August 2nd. Stockholders of record on Thursday, September 13th will be given a dividend of $0.27 per share on Thursday, September 27th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date is Wednesday, September 12th. View American Assets Trust's Dividend History.
How were American Assets Trust's earnings last quarter?
American Assets Trust, Inc (NYSE:AAT) issued its quarterly earnings data on Tuesday, July, 31st. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.44. The real estate investment trust earned $85.02 million during the quarter, compared to analyst estimates of $80.21 million. American Assets Trust had a net margin of 5.70% and a return on equity of 2.25%. 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 Wall Street analysts have issued 1-year price objectives for American Assets Trust's shares. Their forecasts 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. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Price Targets for American Assets Trust.
What is the consensus analysts' recommendation for American Assets Trust?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Assets Trust in the last year. There are currently 1 sell rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 Kimco Realty (KIM), WP Carey (WPC), Apartment Investment and Management (AIV), National Retail Properties (NNN), CyrusOne (CONE), American Homes 4 Rent (AMH), Douglas Emmett (DEI), Omega Healthcare Investors (OHI), DCT Industrial Trust (DCT), Liberty Property Trust (LPT), New Residential Investment (NRZ), RioCan Real Estate Investment Trust (RIOCF), Starwood Property Trust (STWD), American Campus Communities (ACC) and Store Capital (STOR).
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 (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)
Who are American Assets Trust's major shareholders?
American Assets Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.09%), American Assets Inc. (12.70%), AEW Capital Management L P (4.50%), Victory Capital Management Inc. (3.73%), American Assets Investment Management LLC (3.08%) and Northern Trust Corp (1.94%). 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 Millennium Management LLC, American Assets Inc., FMR LLC, OppenheimerFunds Inc., Zurcher Kantonalbank Zurich Cantonalbank, Northern Trust Corp, GSA Capital Partners LLP and Quantitative Systematic Strategies LLC. 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 American Assets Investment Management LLC, BlackRock Inc., Sei Investments Co., WINTON GROUP Ltd, Victory Capital Management Inc., Citadel Advisors LLC, Dupont Capital Management Corp and AEW Capital Management L P. 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 $37.59.
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.
What is American Assets Trust's official website?
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 (NYSE 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.
