AAT Stock Summary and Trading Ideas (American Assets Trust | NYSE:AAT)

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 May 10, 2024, AAT stock price declined to $21.95 with 91,306 million shares trading.

AAT has a beta of 1.19, meaning it tends to be more sensitive to market movements. AAT has a correlation of 0.23 to the broad based SPY ETF.

AAT has a market cap of $1.34 billion. This is considered a Small Cap stock.

Last quarter American Assets Trust reported $111 million in Revenue and $.71 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.04.

In the last 3 years, AAT stock traded as high as $40.83 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 return of +22.9%, while the SPY ETF gained +27.8%. In the last 3 month period, AAT fell short of the market, returning +0.1%, while SPY returned +4.2%. However, in the most recent 2 weeks AAT has outperformed the stock market by returning +3.4%, while SPY returned +2.5%.

AAT support price is $21.82 and resistance is $22.58 (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 stock will trade within this expected range on the day.