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American Assets Trust, Inc. Releases Tax Status of 2024 Distributions
Globe Newswire (Tue, 21-Jan 4:15 PM ET)
Globe Newswire (Wed, 8-Jan 4:15 PM ET)
KBW Announces Index Rebalancing for Fourth-Quarter 2024
Globe Newswire (Fri, 13-Dec 8:30 PM ET)
American Assets Trust, Inc. Reports Third Quarter 2024 Financial Results
Globe Newswire (Tue, 29-Oct 4:15 PM ET)
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company invests in, operates, and develops retail, office, residential, and mixed-use properties. Properties are predominantly located in South California, Northern California, Oregon, Washington, and Hawaii. American Assets operates through four segments based on property type: retail; office; mixed-use, which consists of retail and hotel components; and multifamily, which includes the company's apartment properties. The retail and office segments collectively contribute the majority of the total revenue.
American Assets Trust trades on the NYSE stock market under the symbol AAT.
As of January 28, 2025, AAT stock price declined to $24.47 with 147,623 million shares trading.
AAT has a beta of 0.85, meaning it tends to be less sensitive to market movements. AAT has a correlation of 0.17 to the broad based SPY ETF.
AAT has a market cap of $1.49 billion. This is considered a Small Cap stock.
Last quarter American Assets Trust reported $123 million in Revenue and $.71 earnings per share. This beat revenue expectation by $12 million and exceeded earnings estimates by $.17.
In the last 3 years, AAT traded as high as $39.10 and as low as $16.04.
The top ETF exchange traded funds that AAT belongs to (by Net Assets): IJR, VNQ, VTI, IWM, VB.
AAT has underperformed the market in the last year with a price return of +10.8% while the SPY ETF gained +25.4%. AAT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -9.8% and +1.2%, respectively, while the SPY returned +4.7% and +3.9%, respectively.
AAT support price is $24.45 and resistance is $25.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAT shares will trade within this expected range on the day.