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
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
Phone858-350-2600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$330.87 million
Profitability
Miscellaneous
Employees194
Next Earnings Date5/7/2019 (Estimated)
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 announced a quarterly dividend on Wednesday, February 13th. Shareholders of record on Thursday, March 14th will be paid a dividend of $0.28 per share on Thursday, March 28th. This represents a $1.12 annualized dividend and a dividend yield of 2.57%. The ex-dividend date of this dividend is Wednesday, March 13th. View American Assets Trust's Dividend History.
How were American Assets Trust's earnings last quarter?
American Assets Trust, Inc (NYSE:AAT) released its quarterly earnings data on Tuesday, February, 12th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.47. The real estate investment trust earned $82.61 million during the quarter. American Assets Trust had a return on equity of 2.41% and a net margin of 5.95%. View American Assets Trust's Earnings History.
When is American Assets Trust's next earnings date?
What guidance has American Assets Trust issued on next quarter's earnings?
American Assets Trust issued an update on its FY 2019 earnings guidance on Tuesday, February, 12th. The company provided earnings per share (EPS) guidance of $2.18-2.26 for the period.
What price target have analysts set for AAT?
3 analysts have issued twelve-month target prices for American Assets Trust's stock. Their predictions range from $35.00 to $45.00. On average, they anticipate American Assets Trust's share price to reach $41.3333 in the next year. This suggests that the stock has a possible downside of 5.1%. View Analyst Price Targets for American Assets Trust.
What is the consensus analysts' recommendation for American Assets Trust?
3 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for American Assets Trust.
Has American Assets Trust been receiving favorable news coverage?
Press coverage about AAT stock has been trending somewhat positive on Thursday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. American Assets Trust earned a news sentiment score of 0.6 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term.
Who are some of American Assets Trust's key competitors?
Some companies that are related to American Assets Trust include National Retail Properties (NNN), Gaming and Leisure Properties (GLPI), Vereit (VER), SL Green Realty (SLG), Lamar Advertising (LAMR), Apartment Investment and Management (AIV), Kilroy Realty (KRC), Kimco Realty (KIM), Omega Healthcare Investors (OHI), Liberty Property Trust (LPT), Store Capital (STOR), American Homes 4 Rent (AMH), Medical Properties Trust (MPW), Douglas Emmett (DEI) and American Campus Communities (ACC).
What other stocks do shareholders of American Assets Trust own?
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 82)
- Mr. Robert F. Barton, Exec. VP & CFO (Age 62)
- Mr. Adam Wyll, Sr. VP, Gen. Counsel & Sec. (Age 44)
- Mr. Jerry Gammieri, VP of Construction & Devel. (Age 54)
- Mr. James R. Durfey, VP of Office Properties (Age 69)
Who are American Assets Trust's major shareholders?
American Assets Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.06%), American Assets Inc. (12.89%), Victory Capital Management Inc. (3.82%), Prudential Financial Inc. (2.20%), Northern Trust Corp (1.75%) and Weiss Multi Strategy Advisers LLC (1.50%). 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, Northern Trust Corp, D. E. Shaw & Co. Inc., Barclays PLC, SG Americas Securities LLC, Meeder Asset Management Inc., Amundi Pioneer Asset Management Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for American Assets Trust.
Which major investors are buying American Assets Trust stock?
AAT stock was bought by a variety of institutional investors in the last quarter, including Weiss Multi Strategy Advisers LLC, Monarch Partners Asset Management LLC, BlackRock Inc., Martingale Asset Management L P, Geode Capital Management LLC, American Assets Inc., Bessemer Group Inc. and Bowling Portfolio Management LLC. 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 $43.56.
How big of a company is American Assets Trust?
American Assets Trust has a market capitalization of $2.06 billion and generates $330.87 million in revenue each year. The real estate investment trust earns $27.20 million in net income (profit) each year or $2.09 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.
