American Assets

American Assets Trust, Inc. is a real estate investment trust. It owns, operates, acquires, and develops retail shopping centers, office properties, mixed-use properties, and multifamily properties. The company operates through the following business segments: Retail, Office, Multifamily, and Mixed-Use. The Retail segment includes rental of retail space. The Office segment includes rental of office space. The Multifamily segment includes rental of apartments. The Mixed-Use segment includes rental of retail space and other tenant services. American Assets Trust was founded on July 16, 2010 and is headquartered in San Diego, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

American Assets achieves record FFO, focuses on portfolio resilience

American Assets reported strong financial performance with record FFO per share and dividend increase.
Leasing activity across portfolios showed resilience and positive rent growth in key markets.
Detailed guidance provided for 2023 FFO per share, with a focus on maintaining existing properties.
Challenges include potential impact of tenant rightsizing and increased expenses in the multifamily segment.
Opportunities lie in development projects, office demand trends, and cautious capital allocation strategy.

American Assets Trust reports robust Q1 performance and growth outlook

American Assets Trust demonstrated resilience and strong performance in Q1 2023, driven by its diverse portfolio and efficient operations.
Despite challenges in office utilization and potential regulatory impacts, the company remains well-positioned with a focus on financial strength and growth.
With opportunities to leverage positive leasing trends and increased FFO guidance, American Assets Trust is poised for continued success and value creation for stakeholders.

American Assets Trust reports strong Q2 earnings and boosts 2023 guidance

American Assets Trust's Q2 2023 Earnings Call highlighted robust financial results, positive rent growth, and an increased FFO per share guidance for 2023. The company's focus on sustainability, strong tenant attraction, and strategic investments position it well for future growth.

American Assets Trust reports robust Q3 performance and eyes growth opportunities

American Assets Trust's Q3 2023 earnings call showcased strong financial performance, operational resilience, and a positive outlook for future growth. Despite challenges such as economic uncertainties and debt-related risks, the company remains confident in its portfolio's performance and long-term prospects.

American Assets Trust reports record FFO, eyes growth amid challenges

American Assets Trust demonstrated financial strength and operational resilience in Q4 2023, with a focus on long-term growth and maintaining a strong balance sheet. While facing challenges in office leasing and uncertainties in Hawaii's tourism, the company is strategically positioned to capitalize on growth opportunities.

American Assets Trust (AAT) excels in Q1 2024 earnings, sees growth opportunities

American Assets Trust (AAT) reported a strong start in Q1 2024, driven by its diverse portfolio and efficient operations. The company achieved record-high retail leasing spreads and increased FFO guidance for the year. While challenges exist, opportunities in leasing activity and tourism support growth prospects.

American Assets Trust (AAT) reports solid Q3 performance and optimistic outlook for 2024

American Assets Trust (AAT) demonstrated strong financial performance in Q3 2024, supported by robust FFO and net income figures.
The company's focus on retail leasing spreads and liquidity management reflects a proactive approach to enhancing shareholder value.
Analyst inquiries highlighted areas of interest such as leasing spreads and future performance, signaling a commitment to transparency and investor engagement.
With a positive outlook for 2024 and strategic initiatives in place, American Assets Trust (AAT) is well-positioned for continued growth and value creation.

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American Assets Trust, Inc. is a real estate investment trust. It owns, operates, acquires, and develops retail shopping centers, office properties, mixed-use properties, and multifamily properties. It operates through the following segments: Office, Retail, Multifamily, and Mixed-Use. The Office segment includes rental of office space. The Retail segment focuses on rental of retail space. The Multifamily segment refers to rental of apartments. The Mixed-Use segment offers rental of retail space and other tenant services. The company was founded on July 16, 2010 and is headquartered in San Diego, CA.

American Assets Trust (AAT) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

American Assets Trust (AAT) Enters Overbought Territory

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American Assets Trust has generated attractive fundamental performance in recent years.

American Assets Trust: Looks Worth The Price

American Assets Trust, Inc. (AAT) CEO Ernest Rady on Q4 2020 Results - Earnings Call Transcript

American Assets Trust (AAT) delivered FFO and revenue surprises of -8.89% and -4.66%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

American Assets Trust (AAT) Misses Q4 FFO and Revenue Estimates

Net income available to common stockholders of $2.9 million and $27.7 million for the three months and year ended December 31, 2020, respectively, or $0.05 and $0.46 per diluted share, respectively

American Assets Trust, Inc. Reports Fourth Quarter and Year-End 2020 Financial Results and COVID-19 Operational Update

SAN DIEGO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2020 dividend distributions as follows:

American Assets Trust, Inc. Releases Tax Status of 2020 Distributions

SAN DIEGO, Jan. 15, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its fourth quarter and year-end 2020 earnings in a press release to be issued after the market closes on Tuesday, February 9, 2021.

American Assets Trust, Inc. Announces Fourth Quarter and Year-End 2020 Earnings Release Date and Conference Call Information

SAN DIEGO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “company”) today announced that its operating partnership, American Assets Trust, L.P. (the “operating partnership”), has priced a public offering of $500 million aggregate principal amount of 3.375% senior notes due 2031 (the “Notes”). The Notes were priced at 98.935% of the principal amount and will mature on February 1, 2031. The offering is expected to settle on January 26, 2021, subject to the satisfaction of customary closing conditions. The Notes will be fully and unconditionally guaranteed by the company.

American Assets Trust, Inc. Announces Pricing of $500 Million of 3.375% Senior Unsecured Notes Due 2031

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Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets, as there was before and after the elections and as the pandemic worsens.

Notable Insider Buys of the Past Week: Foot Locker, Icahn Enterprises, Kraft Heinz And More

AAT owns a mix of retail, office, and multifamily properties along the West Coast. Its financial results show that even trophy asset portfolios have been hit by the pandemic.

American Assets Trust: The CEO Owns 30% Of Shares And Is Still Buying

American Assets Trust, Inc. (AAT) CEO Ernest Rady on Q3 2020 Results - Earnings Call Transcript

Net income available to common stockholders of $5.0 million and $24.8 million for the three and nine months ended September 30, 2020, respectively, or $0.08 and $0.41 per diluted share, respectively

American Assets Trust, Inc. Reports Third Quarter 2020 Financial Results and COVID-19 Operational Update

SAN DIEGO, Sept.  28, 2020  (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its third quarter 2020 earnings in a press release to be issued after the market closes on Tuesday, October 27, 2020.

American Assets Trust, Inc. Announces Third Quarter 2020 Earnings Release Date and Conference Call Information

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Did coronavirus kill the office? Despite reporting near-perfect rent collection throughout the pandemic, office REITs continue to be under pressure as the “Work From Home” paradigm threatens the long-term outlook.

Office REITs: Work-From-Home Reckoning

American Assets Trust, Inc. (AAT) CEO Ernest Rady on Q2 2020 Results - Earnings Call Transcript

SAN DIEGO, July  08, 2020  (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its second quarter 2020 earnings in a press release to be issued after the market closes on Tuesday, July 28, 2020.

American Assets Trust, Inc. Announces Second Quarter 2020 Earnings Release Date and Conference Call Information

American Assets Trust's (AAT) CEO Ernest Rady on Q1 2020 Results - Earnings Call Transcript

American Assets Trust (AAT) possesses solid growth attributes, which could help it handily outperform the market.

Here is Why Growth Investors Should Buy American Assets Trust (AAT) Now

American Assets Trust, Inc. (AAT) CEO Ernest Rady on Q4 2019 Results - Earnings Call Transcript

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does American Assets Trust (AAT) have what it takes?

Are You Looking for a High-Growth Dividend Stock? American Assets Trust (AAT) Could Be a Great Choice

Net income available to common stockholders of $12.8 million and $45.7 million for the three months and year ended December 31, 2019, respectively, or $0.22 and $0.84 per diluted share, respectively

American Assets Trust, Inc. Reports Fourth Quarter and Year-End 2019 Financial Results

SAN DIEGO, Jan.  24, 2020  (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2019 dividend distributions as follows:

American Assets Trust, Inc. Releases Tax Status of 2019 Distributions

American Assets Trust (AAT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

American Assets Trust (AAT) Upgraded to Buy: Here's Why

American Assets Trust, Inc. (AAT) CEO Ernest Rady on Q3 2019 Results - Earnings Call Transcript

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