American Assets Trust (AAT) Scheduled to Post Earnings on Tuesday

Posted by Caroline Horne on Jul 29th, 2024

American Assets Trust (NYSE:AAT – Get Free Report) will issue its quarterly earnings data after the market closes on Tuesday, July 30th. Analysts expect the company to announce earnings of $0.53 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

American Assets Trust (NYSE:AAT – Get Free Report) last announced its quarterly earnings data on Wednesday, May 1st. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.35). The firm had revenue of $110.70 million during the quarter, compared to the consensus estimate of $106.39 million. American Assets Trust had a return on equity of 4.60% and a net margin of 12.05%. During the same period in the previous year, the business earned $0.66 EPS. On average, analysts expect American Assets Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

American Assets Trust Trading Up 2.5 %

AAT opened at $25.22 on Monday. American Assets Trust has a one year low of $17.15 and a one year high of $25.32. The company has a debt-to-equity ratio of 1.47, a quick ratio of 3.02 and a current ratio of 3.02. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 28.34 and a beta of 1.29. The stock’s 50 day moving average price is $22.30 and its 200-day moving average price is $21.97.

American Assets Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 20th. Shareholders of record on Thursday, June 6th were given a $0.335 dividend. This represents a $1.34 annualized dividend and a yield of 5.31%. The ex-dividend date of this dividend was Thursday, June 6th. American Assets Trust’s dividend payout ratio (DPR) is presently 150.56%.

About American Assets Trust

(Get Free Report)

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.