American Assets Trust, Inc.
AAT
NYSE
Last Updated: 6/9/2023 8:00:02 PM
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About American Assets Trust, Inc.
American Assets Trust, Inc. 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 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, Oregon, Washington, Texas and Hawaii. The company's office portfolio comprises approximately 3.4 million rentable square feet, and its retail portfolio comprises approximately 3.1 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.American Assets Trust, Inc. Company Details
CEO: Mr. Ernest Sylvan Rady
Country: US
Industry: REIT—Diversified
Website: https://www.americanassetstrust.com
Exchange: New York Stock Exchange
IPO\Launch Date: 2011-01-13
American Assets Trust, Inc. Company Executive Details
Mr. Jerry Gammieri
Senior Vice President of Construction & Devel.
Mr. Steve Center
Senior Vice President of Office Properties
Ms. Abigail Rex
Director of Multifamily, San Diego
Mr. Adam Wyll
Pres. Chief Operating Officer & Sec.
Mr. Ernest Sylvan Rady
Chairman & Chief Executive Officer
American Assets Trust, Inc. Latest News
American Assets Trust's Earnings: Solid Performance Amid Economic Headwinds
American Assets Trust's Q1 2023 results show a strong operating performance despite the macroeconomic challenges. Office REITs declined by an average of 18% during the first four months of the year following a 37.6% decline in 2022. As of Q1 2023, AAT trades at a forward price-to-FFO ratio of 8.33, still below its five-year average of 18.7, and also down from Q4 2022's low of 11.6.
Published on: 2023-05-30 07:17:23
Impact on Symbol / Company: AAT
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Office REITs: The New Malls
The new pariah of the commercial real estate sector, Office REITs, have remained in free-fall in recent months, plunging another 30% this year following a plunge of nearly 40% last year. Just how bad is it? The surge in interest rates has turned a weak-but-manageable situation into a bleak one, but there is more nuance than what the prevailing narrative would suggest.
Published on: 2023-05-19 09:00:00
Impact on Symbol / Company: AAT
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Strong Small-Cap Insider Buys: Q1 2023
Strong Small-Cap Insider Buys: Q1 2023.
Published on: 2023-04-26 00:15:28
Impact on Symbol / Company: AAT
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American Assets Trust (AAT) Beats Q1 FFO and Revenue Estimates
American Assets Trust (AAT) came out with quarterly funds from operations (FFO) of $0.66 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to FFO of $0.57 per share a year ago.
Published on: 2023-04-25 19:45:22
Impact on Symbol / Company: AAT
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American Assets Trust, Inc. Announces First Quarter 2023 Earnings Release Date and Conference Call Information
SAN DIEGO, April 03, 2023 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its first quarter 2023 earnings in a press release to be issued after the market closes on Tuesday, April 25, 2023.
Published on: 2023-04-03 16:15:00
Impact on Symbol / Company: AAT
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Is the Options Market Predicting a Spike in American Assets (AAT) Stock?
Investors need to pay close attention to American Assets (AAT) stock based on the movements in the options market lately.
Published on: 2023-03-27 11:26:08
Impact on Symbol / Company: AAT
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American Assets Trust, Inc. (AAT) Q4 2022 Earnings Call Transcript
American Assets Trust, Inc. (NYSE:AAT ) Q4 2022 Earnings Conference Call February 7, 2023 11:00 AM ET Company Participants Adam Wyll - President & Chief Operating Officer Bob Barton - Chief Financial Officer Steve Center - Senior Vice President of Office Properties Abigail Rex - Vice President, Multifamily, San Diego Conference Call Participants Haendel St. Juste - Mizuho Adam Kramer - Morgan Stanley Operator Good day. As a reminder, today's conference call is being recorded.
Published on: 2023-02-08 14:08:02
Impact on Symbol / Company: AAT
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American Assets Trust (AAT) Q4 FFO Surpass Estimates
American Assets Trust (AAT) delivered FFO and revenue surprises of 1.82% and 1.34%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Published on: 2023-02-07 19:34:29
Impact on Symbol / Company: AAT
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American Assets Trust: Maintaining Long-Term Perspective During The Ongoing Downturn
American Assets Trust has been negatively affected by the somewhat persistent work-from-home trend and sky-high inflation. However, these headwinds are likely to subside.
Published on: 2023-01-27 04:07:16
Impact on Symbol / Company: AAT
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American Assets Trust, Inc. Announces Fourth Quarter and Year-End 2022 Earnings Release Date and Conference Call Information
SAN DIEGO, Jan. 12, 2023 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its fourth quarter and year-end 2022 earnings in a press release to be issued after the market closes on Tuesday, February 7, 2023.
Published on: 2023-01-12 16:33:00
Impact on Symbol / Company: AAT
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Welcome Back, Goldilocks
U.S. equity markets rallied on the first week of the year after employment data showed strong job growth alongside a cool down in wage pressures, reviving hopes of a 'soft landing'. After posting declines of nearly 20% in 2022, the S&P 500 advanced 1.5% on the week- snapping a three-week skid- while the domestic-focused Mid-Cap 400 and Small-Cap 600 gained 2.5%.
Published on: 2023-01-08 09:00:00
Impact on Symbol / Company: AAT
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AAT vs. O: Which Stock Is the Better Value Option?
AAT vs. O: Which Stock Is the Better Value Option?
Published on: 2022-12-21 12:47:09
Impact on Symbol / Company: AAT
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