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 3.1 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
Current SymbolNYSE:AAT
Previous Symbol
CUSIP02401310
Phone858-350-2600
Debt
Debt-to-Equity Ratio1.57
Current Ratio2.10
Quick Ratio2.10
Price-To-Earnings
Trailing P/E Ratio20.15
Forward P/E Ratio19.59
P/E Growth3.76
Sales & Book Value
Annual Sales$314.98 million
Price / Sales6.17
Cash Flow$2.3509 per share
Price / Cash Flow17.50
Book Value$17.91 per share
Price / Book2.30
Profitability
EPS (Most Recent Fiscal Year)$1.92
Net Income$40.13 million
Net Margins6.09%
Return on Equity2.43%
Return on Assets0.91%
Miscellaneous
Employees194
Outstanding Shares47,220,000
Market Cap$1.98 billion
OptionableOptionable
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, October 31st. Shareholders of record on Thursday, December 13th will be given a dividend of $0.28 per share on Thursday, December 27th. This represents a $1.12 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date is Wednesday, December 12th. This is an increase from American Assets Trust's previous quarterly dividend of $0.27. 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, October, 30th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.28. The real estate investment trust had revenue of $82.51 million for the quarter, compared to analyst estimates of $79.33 million. American Assets Trust had a net margin of 6.09% and a return on equity of 2.43%. 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 brokers have issued 12 month price targets for American Assets Trust's stock. Their predictions range from $35.00 to $44.00. On average, they anticipate American Assets Trust's stock price to reach $40.50 in the next year. This suggests that the stock has a possible downside of 1.6%. 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.
Has American Assets Trust been receiving favorable news coverage?
Media headlines about AAT stock have trended neutral recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. American Assets Trust earned a news sentiment score of 0.3 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the near future.
Who are some of American Assets Trust's key competitors?
Some companies that are related to American Assets Trust include Vereit (VER), Omega Healthcare Investors (OHI), Gaming and Leisure Properties (GLPI), Apartment Investment and Management (AIV), Lamar Advertising (LAMR), Macerich (MAC), Kimco Realty (KIM), Kilroy Realty (KRC), Liberty Property Trust (LPT), Store Capital (STOR), CyrusOne (CONE), Medical Properties Trust (MPW), American Homes 4 Rent (AMH), Douglas Emmett (DEI) and Starwood Property Trust (STWD).
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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.76%), Vanguard Group Inc. (11.80%), Victory Capital Management Inc. (3.81%), Prudential Financial Inc. (2.17%), JPMorgan Chase & Co. (1.99%) and JPMorgan Chase & Co. (1.99%). 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 institutional investors are selling American Assets Trust stock?
AAT stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, BlackRock Inc., FMR LLC, Virginia Retirement Systems ET AL, Prudential Financial Inc., Bank of New York Mellon Corp, Credit Suisse AG and Forward Management LLC. View Insider Buying and Selling for American Assets Trust.
Which institutional investors are buying American Assets Trust stock?
AAT stock was acquired by a variety of institutional investors in the last quarter, including Man Group plc, JPMorgan Chase & Co., JPMorgan Chase & Co., Monarch Partners Asset Management LLC, WINTON GROUP Ltd, The Manufacturers Life Insurance Company , Martingale Asset Management L P and Morgan Stanley. 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 $41.14.
How big of a company is American Assets Trust?
American Assets Trust has a market capitalization of $1.98 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, 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.
