American Assets Trust (NYSE:AAT) Posts Earnings Results, Beats Estimates By $0.41 EPS

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

American Assets Trust Trading Down 0.3 %

Shares of NYSE AAT traded down $0.07 during mid-day trading on Tuesday, reaching $24.05. The company had a trading volume of 211,959 shares, compared to its average volume of 287,425. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 26.43 and a beta of 1.30. American Assets Trust has a 52 week low of $20.03 and a 52 week high of $29.15. The business’s 50-day moving average is $26.06 and its 200-day moving average is $26.39. The company has a current ratio of 8.53, a quick ratio of 8.53 and a debt-to-equity ratio of 1.86.

Insider Transactions at American Assets Trust

In other American Assets Trust news, COO Adam Wyll sold 30,238 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The shares were 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 in the company, valued at approximately $1,286,690.90. The trade was a 39.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 37.32% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on AAT. Morgan Stanley raised their target price on shares of American Assets Trust from $23.00 to $24.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. Mizuho increased their target price on shares of American Assets Trust from $26.00 to $28.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th.

About American Assets Trust

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.