American Assets Trust (NYSE:AAT) Issues Quarterly Earnings Results, Beats Expectations By $0.41 EPS

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

American Assets Trust Stock Performance

AAT opened at $22.40 on Thursday. The stock has a market cap of $1.36 billion, a PE ratio of 24.62 and a beta of 1.30. American Assets Trust has a 1 year low of $20.03 and a 1 year high of $29.15. The stock’s 50 day simple moving average is $25.84 and its 200-day simple moving average is $26.36. The company has a current ratio of 8.53, a quick ratio of 8.53 and a debt-to-equity ratio of 1.86.

American Assets Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 6.07%. The ex-dividend date is Thursday, March 6th. This is a positive change from American Assets Trust’s previous quarterly dividend of $0.34. American Assets Trust’s dividend payout ratio (DPR) is presently 150.56%.

Insider Buying and Selling

In other news, COO Adam Wyll sold 30,238 shares of the 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 completion of 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 represents a 39.87 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 37.32% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Mizuho boosted their target price on shares of American Assets Trust from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Morgan Stanley raised their price target on shares of 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.

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.