AAT Stock - American Assets Trust, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $457.85M | $441.16M | $422.65M | $375.83M | $344.57M |
| Gross Profit | $290.13M | $277.21M | $270.21M | $246.05M | $223.45M |
| Gross Margin | 63.4% | 62.8% | 63.9% | 65.5% | 64.8% |
| Operating Income | $129.20M | $121.75M | $114.73M | $99.87M | $88.58M |
| Net Income | $72.82M | $64.69M | $55.88M | $36.59M | $35.59M |
| Net Margin | 15.9% | 14.7% | 13.2% | 9.7% | 10.3% |
| EPS | $0.94 | $1.06 | $0.72 | $0.47 | $0.46 |
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.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| July 14th 2022 | KeyBanc Capital Markets | Downgrade | Sector Weight | - |
Earnings History & Surprises
AATEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 27, 2026 | — | — | — | — |
Q1 2026 | Feb 3, 2026 | $0.49 | — | — | — |
Q4 2025 | Oct 28, 2025 | $0.49 | $0.49 | 0.0% | = MET |
Q3 2025 | Jul 29, 2025 | $0.49 | $0.52 | +6.1% | ✓ BEAT |
Q2 2025 | Apr 29, 2025 | $0.45 | $0.52 | +15.6% | ✓ BEAT |
Q1 2025 | Feb 4, 2025 | $0.14 | $0.55 | +292.9% | ✓ BEAT |
Q4 2024 | Oct 29, 2024 | $0.54 | $0.71 | +31.5% | ✓ BEAT |
Q3 2024 | Jul 30, 2024 | $0.53 | $0.60 | +13.2% | ✓ BEAT |
Q2 2024 | Apr 30, 2024 | $0.67 | $0.71 | +6.0% | ✓ BEAT |
Q1 2024 | Feb 6, 2024 | $0.56 | $0.57 | +1.8% | ✓ BEAT |
Q4 2023 | Oct 24, 2023 | $0.55 | $0.59 | +7.3% | ✓ BEAT |
Q3 2023 | Jul 25, 2023 | $0.54 | $0.59 | +9.3% | ✓ BEAT |
Q2 2023 | Apr 25, 2023 | $0.58 | $0.66 | +13.8% | ✓ BEAT |
Q1 2023 | Feb 7, 2023 | $0.55 | $0.56 | +1.8% | ✓ BEAT |
Q4 2022 | Oct 25, 2022 | $0.55 | $0.63 | +14.5% | ✓ BEAT |
Q3 2022 | Jul 26, 2022 | $0.54 | $0.58 | +7.4% | ✓ BEAT |
Q2 2022 | Apr 26, 2022 | $0.52 | $0.57 | +9.6% | ✓ BEAT |
Q1 2022 | Feb 8, 2022 | $0.47 | $0.54 | +14.9% | ✓ BEAT |
Q4 2021 | Oct 26, 2021 | $0.50 | $0.57 | +14.0% | ✓ BEAT |
Q3 2021 | Jul 27, 2021 | $0.43 | $0.51 | +18.6% | ✓ BEAT |
Latest News
American Assets Trust Raises FY2025 FFO Guidance from $1.89-$2.01 to $1.93-$2.01 vs $1.99 Est
📈 PositiveAmerican Assets Trust Q3 FFO $0.49, Inline, Sales $109.578M Beat $109.447M Estimate
➖ NeutralMizuho Maintains Neutral on American Assets Trust, Lowers Price Target to $21
➖ NeutralAmerican Assets Trust forecasts lower 2025 NOI, metric to remain above pre-pandemic level
➖ NeutralFrequently Asked Questions about AAT
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