American Assets Trust (NYSE:AAT) Issues Quarterly Earnings Results

American Assets Trust (NYSE:AAT) announced its earnings results on Tuesday. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.41, Zacks reports. American Assets Trust had a net margin of 12.76% and a return on equity of 5.08%. American Assets Trust updated its FY 2025 guidance to 1.870-2.010 EPS.

American Assets Trust Stock Performance

Shares of AAT opened at $22.40 on Thursday. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 24.62 and a beta of 1.30. The company’s fifty day moving average is $25.84 and its 200-day moving average is $26.36. The company has a quick ratio of 8.53, a current ratio of 8.53 and a debt-to-equity ratio of 1.86. American Assets Trust has a 12 month low of $20.03 and a 12 month high of $29.15.

American Assets Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This is a boost from American Assets Trust’s previous quarterly dividend of $0.34. This represents a $1.36 dividend on an annualized basis and a yield of 6.07%. American Assets Trust’s payout ratio is 150.56%.

Wall Street Analyst Weigh In

AAT has been the subject of a number of research reports. Morgan Stanley raised their price objective on American Assets Trust from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 30th. Mizuho raised their price target on shares of American Assets Trust from $26.00 to $28.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th.

Insider Activity at American Assets Trust

In related news, COO Adam Wyll sold 30,238 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $28.22, for a total value of $853,316.36. Following the transaction, the chief operating officer now directly owns 45,595 shares of the company’s stock, valued at approximately $1,286,690.90. This trade represents a 39.87 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 37.32% of the stock is owned by company insiders.

American Assets Trust Company Profile

American Assets Trust, Inc is a full service, vertically integrated and self-administered real estate investment trust ("REIT"), headquartered in San Diego, California. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, 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, Washington, Oregon, Texas and Hawaii.