AAT - American Assets Trust Inc Stock Price, Fair Value and News

22.07USD-0.01 (-0.05%)Delayed as of 09 May 2024, 12:21 pm ET

Market Summary

USD22.07-0.01

Delayedas of 09 May 2024, 12:21 pm

-0.05%

AAT Stock Price

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AAT RSI Chart

AAT Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

19.59

Price/Sales (Trailing)

3.03

Price/Free Cashflow

7.02

AAT Price/Sales (Trailing)

AAT Profitability

Return on Equity

5.94%

Return on Assets

2.3%

Free Cashflow Yield

14.25%

AAT Fundamentals

AAT Revenue

Revenue (TTM)

444.1M

Rev. Growth (Yr)

2.73%

Rev. Growth (Qtr)

-1.6%

AAT Earnings

Earnings (TTM)

68.6M

Earnings Growth (Yr)

19.15%

Earnings Growth (Qtr)

82.5%

Breaking Down AAT Revenue

52 Week Range

17.8323.17

(Low)(High)

Last 7 days

2.9%

Last 30 days

3.1%

Last 90 days

-0.4%

Trailing 12 Months

17.1%

How does AAT drawdown profile look like?

AAT Financial Health

AAT Investor Care

Dividend Yield

Dividend/Share (TTM)

1.33

Shares Dilution (1Y)

0.29%

Diluted EPS (TTM)

0.89

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	444.1M	0	0	0
2023	428.9M	434.5M	434.7M	441.2M
2022	393.3M	405.7M	418.4M	422.6M
2021	331.8M	341.5M	355.4M	375.8M
2020	378.2M	376.2M	362.2M	344.6M
2019	335.5M	334.5M	350.4M	366.7M
2018	321.9M	329.8M	330.0M	330.9M
2017	298.1M	303.4M	309.8M	315.0M
2016	280.3M	285.4M	290.1M	295.1M
2015	262.1M	266.6M	270.6M	275.6M
2014	256.9M	256.1M	258.2M	260.0M
2013	242.2M	249.0M	253.5M	255.1M
2012	213.0M	219.8M	226.2M	235.5M
2011	136.3M	156.3M	175.7M	202.8M
2010	0	114.3M	116.0M	117.7M
2009	0	0	0	112.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of American Assets Trust Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 07, 2023	wyll adam	acquired	-	-	83,238	president & coo
Dec 07, 2023	gammieri jerry	acquired	-	-	31,710	svp construction and devlp
Dec 07, 2023	barton robert f.	acquired	-	-	83,238	executive vice president & cfo
Dec 06, 2023	wyll adam	back to issuer	-	-	-12,452	president & coo
Dec 06, 2023	barton robert f.	back to issuer	-	-	-15,224	executive vice president & cfo
Dec 06, 2023	wyll adam	sold (taxes)	-350,718	20.14	-17,414	president & coo
Dec 06, 2023	gammieri jerry	back to issuer	-	-	-6,090	svp construction and devlp
Dec 06, 2023	rady ernest s	back to issuer	-	-	-30,976	chairman & ceo
Dec 06, 2023	gammieri jerry	sold (taxes)	-153,024	20.14	-7,598	svp construction and devlp
Jun 05, 2023	sullivan robert s	acquired	-	-	2,587	-

Which funds bought or sold AAT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	CHILTON CAPITAL MANAGEMENT LLC	sold off	-100	-29,263	-	-%
May 07, 2024	Inspire Investing, LLC	reduced	-4.8	-31,894	402,621	0.04%
May 07, 2024	Capital Square, LLC	new	-	219,192	219,192	0.16%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	added	86.45	2,251,010	5,013,640	0.03%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	added	8.02	24,000	495,000	-%
May 07, 2024	SEI INVESTMENTS CO	reduced	-36.88	-423,876	675,310	-%
May 07, 2024	Susquehanna Portfolio Strategies, LLC	reduced	-29.2	-427,800	948,484	0.02%
May 07, 2024	Swiss National Bank	unchanged	-	-57,420	2,096,790	-%
May 07, 2024	Inspire Advisors, LLC	new	-	204,744	204,744	0.03%
May 07, 2024	Illinois Municipal Retirement Fund	added	4.41	10,000	637,000	0.01%

Are Funds Buying or Selling AAT?

Are funds buying AAT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AAT

No. of Funds

Unveiling American Assets Trust Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.11%	7,351,522	SC 13G/A
Jan 30, 2024	state street corp	5.19%	3,151,988	SC 13G/A
Jan 19, 2024	blackrock inc.	19.5%	11,846,631	SC 13G/A
Feb 09, 2023	vanguard group inc	14.25%	8,626,367	SC 13G/A
Jan 26, 2023	blackrock inc.	18.0%	10,866,458	SC 13G/A
Jan 20, 2023	state street corp	5.41%	3,276,686	SC 13G
Jan 20, 2023	state street corp	5.41%	3,276,686	SC 13G
Jan 20, 2023	blackrock inc.	18.0%	10,866,458	SC 13G
Sep 21, 2022	american assets trust, inc.	11.2%	7,336,603	SC 13D/A
Feb 09, 2022	vanguard group inc	13.53%	8,181,951	SC 13G/A

Recent SEC filings of American Assets Trust Inc

View All Filings

Date Filed	Form Type	Document
May 03, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Apr 05, 2024	DEFA14A	DEFA14A
Apr 05, 2024	DEF 14A	DEF 14A
Apr 05, 2024	ARS	ARS
Feb 14, 2024	10-K	Annual Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 06, 2024	8-K	Current Report
Jan 30, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to American Assets Trust Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	84.8B	11.2B	-3.57%	-6.21%	42.94	7.56	3.63%	50.79%
CCI	42.3B	6.8B	-2.86%	-16.86%	30.32	6.17	-2.39%	-16.60%
AVB	27.7B	2.8B	4.65%	8.65%	29	9.87	5.72%	-6.47%
ARE	20.6B	3.0B	-6.82%	-2.61%	105.18	6.99	10.44%	-73.79%
AMH	13.3B	-	-1.07%	2.70%	31.37	8.17	8.93%	11.87%
REG	10.8B	1.4B	-0.91%	-0.39%	29	7.92	10.48%	-2.93%
BXP	9.4B	3.3B	-4.95%	17.89%	49.61	2.88	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.2B	1.08%	10.18%	35.54	7.36	5.48%	-38.69%
MAC	3.4B	884.1M	-2.40%	67.19%	-12.47	3.87	2.90%	-314.82%
SLG	3.3B	892.3M	-5.51%	137.34%	-6.45	3.7	-5.33%	-307.54%
SMALL-CAP
AAT	1.3B	444.1M	3.08%	17.14%	19.59	3.03	3.54%	8.91%
AIV	1.2B	198.2M	-0.48%	-2.94%	-7.52	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	-3.51%	3.98%	35.74	1.68	27.93%	140.31%
NYMT	550.1M	285.4M	-16.71%	-37.84%	-3.99	1.93	11.05%	83.70%
IVR	446.8M	277.2M	2.46%	-8.50%	-54.48	1.61	25.89%	94.64%

American Assets Trust Inc News

Latest updates

American Assets Trust Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.6%	111	112	111	110	108	106	111	104	101	102	98.00	92.00	84.00	81.00	84.00	82.00	97.00	99.00	98.00	84.00	85.00
Costs and Expenses	-3.5%	80.00	83.00	80.00	78.00	78.00	79.00	80.00	76.00	73.00	76.00	71.00	65.00	64.00	-	64.00	59.00	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	64.00	65.00	64.00	59.00	68.00	69.00	68.00	60.00	56.00
S&GA Expenses	-100.0%	-	9.00	9.00	9.00	9.00	9.00	8.00	8.00	7.00	9.00	7.00	7.00	7.00	7.00	6.00	7.00	7.00	6.00	6.00	6.00	6.00
Interest Expenses	55.9%	21.00	14.00	16.00	16.00	16.00	12.00	14.00	15.00	15.00	7.00	15.00	15.00	14.00	13.00	13.00	13.00	13.00	14.00	14.00	13.00	13.00
Income Taxes	421.0%	0.00	-0.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.69	0.00	1.00	0.00	0.00	-	0.00	0.00
Net Income	82.5%	25.00	13.00	15.00	15.00	21.00	12.00	16.00	14.00	14.00	10.00	13.00	11.00	2.00	4.00	6.00	10.00	15.00	13.00	13.00	9.00	11.00
Net Income Margin	5.4%	0.15*	0.15*	0.15*	0.15*	0.15*	0.13*	0.13*	0.12*	0.12*	0.10*	0.08*	0.07*	-	-	-	-	-	-	-	-	-
Free Cashflow	41.0%	55.00	39.00	52.00	46.00	52.00	38.00	55.00	47.00	39.00	39.00	53.00	34.00	43.00	18.00	40.00	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.1%	2,988	2,985	3,011	3,012	3,020	2,988	3,009	3,007	3,011	3,018	3,051	3,046	3,049	2,817	2,844	2,846	2,756	2,790	2,789	2,719	2,217
Cash Equivalents	18.9%	99.00	83.00	90.00	85.00	87.00	50.00	63.00	61.00	74.00	140	172	368	380	139	155	146	52.00	109	116	45.00	55.00
Liabilities	0.1%	1,833	1,831	1,842	1,836	1,840	1,802	1,811	1,807	1,805	1,808	1,832	1,818	1,814	1,564	1,578	1,570	1,475	1,497	1,491	1,427	1,412
Shareholder's Equity	-3.5%	1,155	1,198	1,209	1,176	1,180	1,221	1,198	1,200	1,206	1,210	1,219	1,227	1,235	1,253	1,266	1,276	1,281	1,294	1,298	1,292	805
Retained Earnings	-0.3%	-281	-280	-270	-262	-254	-251	-241	-235	-226	-217	-207	-199	-192	-176	-164	-154	-150	-144	-139	-135	-130
Additional Paid-In Capital	0.1%	1,471	1,469	1,467	1,465	1,463	1,461	1,459	1,457	1,455	1,453	1,450	1,449	1,447	1,446	1,444	1,455	1,453	1,452	1,451	1,439	929
Shares Outstanding	0.0%	61.00	61.00	61.00	61.00	61.00	61.00	60.00	60.00	60.00	60.00	60.00	60.00	-	-	-	-	-	-	-	-	-
Minority Interest	0.0%	-44.16	-44.18	-40.65	-38.62	-37.40	-35.74	-32.63	-31.73	-30.05	-28.84	-26.35	-24.24	-22.16	-18.04	-14.96	-24.46	-23.22	-20.24	-19.05	-17.82	-1.92
Float	-	-	-	-	1,012	-	-	-	1,560	-	-	-	1,971	-	-	-	1,478	-	-	-	2,491	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	41.0%	54,778	38,846	51,787	46,151	51,967	38,180	54,835	46,908	39,149	38,697	52,906	34,221	42,505	17,836	40,027	23,761	45,361	31,704	51,943	33,338	36,831
Share Based Compensation	-37.5%	1,617	2,588	2,100	2,100	2,000	3,200	2,000	2,000	1,489	4,025	1,500	1,500	1,484	2,554	1,251	1,252	1,250	1,118	1,130	1,131	1,098
Cashflow From Investing	32.4%	-13,292	-19,659	-21,142	-23,391	-25,695	-26,687	-27,155	-35,184	-77,295	-48,933	-226,254	-24,875	-12,216	-15,503	-14,441	-15,208	-23,925	-25,153	-23,980	-527,613	-22,437
Cashflow From Financing	1.7%	-25,821	-26,267	-25,386	-25,379	11,485	-25,353	-24,999	-24,547	-27,805	-23,879	-22,995	-21,514	212,812	-19,842	-19,116	84,707	-74,059	-23,162	43,619	484,440	-7,351
Dividend Payments	-100.0%	-	25,436	25,379	25,379	25,377	24,609	24,547	24,547	24,545	23,014	22,995	21,464	21,463	19,164	19,116	15,293	22,937	22,938	21,353	18,253	18,061

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AAT Income Statement

2024-03-31

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUE:
Rental income	$ 105,021	$ 102,710
Other property income	5,674	5,044
Total revenue	110,695	107,754
EXPENSES:
Rental expenses	29,841	27,506
Real estate taxes	11,246	11,632
General and administrative	8,842	8,999
Depreciation and amortization	30,217	29,901
Total operating expenses	80,146	78,038
OPERATING INCOME	30,549	29,716
Interest expense, net	(16,255)	(15,729)
Other income, net	10,329	6,679
NET INCOME	24,623	20,666
Net income attributable to restricted shares	(196)	(189)
Net income attributable to unitholders in the Operating Partnership	(5,167)	(4,341)
NET INCOME ATTRIBUTABLE TO AMERICAN ASSETS TRUST, INC. STOCKHOLDERS	$ 19,260	$ 16,136
EARNINGS PER COMMON SHARE, BASIC
Earnings per common share, basic (in dollars per share)	$ 0.32	$ 0.27
Weighted average shares of common stock outstanding - basic (in shares)	60,309,921	60,144,609
Earnings per common share, diluted
Earnings per common share, diluted (in dollars per share)	$ 0.32	$ 0.27
Weighted average shares of common stock outstanding - diluted (in shares)	76,491,458	76,326,146
DIVIDENDS DECLARED PER COMMON SHARE (in USD per share)	$ 0.335	$ 0.330
COMPREHENSIVE INCOME
Net income	$ 24,623	$ 20,666
Other comprehensive income - unrealized income (loss) on swap derivatives during the period	1,392	(2,269)
Reclassification of amortization of forward-starting swap included in interest expense	(98)	(854)
Comprehensive income	25,917	17,543
Comprehensive income attributable to non-controlling interests	(5,439)	(3,677)
Comprehensive income attributable to American Assets Trust, Inc.	$ 20,478	$ 13,866

AAT Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Real estate, at cost
Operating real estate	$ 3,516,354	$ 3,502,251
Construction in progress	235,719	239,030
Held for development	487	487
Total Real estate, at cost	3,752,560	3,741,768
Accumulated depreciation	(1,061,670)	(1,036,453)
Real estate, net	2,690,890	2,705,315
Cash and cash equivalents	98,553	82,888
Accounts receivable, net	7,606	7,624
Deferred rent receivables, net	90,884	89,210
Other assets, net	100,266	99,644
TOTAL ASSETS	2,988,199	2,984,681
LIABILITIES:
Secured notes payable, net	74,691	74,669
Unsecured notes payable, net	1,615,608	1,614,958
Accounts payable and accrued expenses	65,292	61,312
Security deposits payable	8,862	8,880
Other liabilities and deferred credits, net	68,358	71,187
Total liabilities	1,832,811	1,831,006
Commitments and contingencies (Note 11)
American Assets Trust, Inc. stockholders’ equity
Common stock, $0.01 par value, 490,000,000 shares authorized, 60,894,491 and 60,895,786 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	609	609
Additional paid-in capital	1,470,823	1,469,206
Accumulated dividends in excess of net income	(281,183)	(280,239)
Accumulated other comprehensive income	9,304	8,282
Total American Assets Trust, Inc. stockholders’ equity	1,199,553	1,197,858
Noncontrolling interests	(44,165)	(44,183)
Total equity	1,155,388	1,153,675
TOTAL LIABILITIES AND EQUITY	$ 2,988,199	$ 2,984,681

About American Assets Trust Inc

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. The company's office portfolio comprises approximately 4.1 million rentable square feet, and its retail portfolio comprises approximately 3.1 million rentable square feet. In addition, the company owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,110 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.

CEO	Mr. Ernest Sylvan Rady
WEBSITE	americanassetstrust.com
INDUSTRY	REIT Mortgage
EMPLOYEES	220

American Assets Trust Inc Frequently Asked Questions

What is the ticker symbol for American Assets Trust Inc? What does AAT stand for in stocks?

AAT is the stock ticker symbol of American Assets Trust Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of American Assets Trust Inc (AAT)?

As of Wed May 08 2024, market cap of American Assets Trust Inc is 1.34 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AAT stock?

You can check AAT's fair value in chart for subscribers.

What is the fair value of AAT stock?

You can check AAT's fair value in chart for subscribers. The fair value of American Assets Trust Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of American Assets Trust Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AAT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is American Assets Trust Inc a good stock to buy?

The fair value guage provides a quick view whether AAT is over valued or under valued. Whether American Assets Trust Inc is cheap or expensive depends on the assumptions which impact American Assets Trust Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AAT.

What is American Assets Trust Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, AAT's PE ratio (Price to Earnings) is 19.59 and Price to Sales (PS) ratio is 3.03. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AAT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on American Assets Trust Inc's stock?

In the past 10 years, American Assets Trust Inc has provided -0.018 (multiply by 100 for percentage) rate of return.