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

American Assets Trust (NYSE:AAT) issued its earnings results on Tuesday. The real estate investment trust reported $0.55 earnings per share 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 Stock Down 0.3 %

American Assets Trust stock traded down $0.07 during midday trading on Tuesday, hitting $24.05. The stock 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 P/E ratio of 26.43 and a beta of 1.30. American Assets Trust has a 12 month low of $20.03 and a 12 month high of $29.15. The business has a fifty day moving average price of $26.06 and a 200 day moving average price of $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.

Analysts Set New Price Targets

Several research firms have recently commented on AAT. Mizuho upped their price target on American Assets Trust from $26.00 to $28.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. Morgan Stanley boosted their price target on American Assets Trust from $23.00 to $24.00 and gave the company an “equal weight” rating in a report on Wednesday, October 30th.

Insider Transactions at American Assets Trust

In other news, COO Adam Wyll sold 30,238 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $28.22, for a total transaction of $853,316.36. Following the completion of the sale, the chief operating officer now directly owns 45,595 shares of the company’s stock, valued at $1,286,690.90. This represents a 39.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 37.32% of the company’s stock.

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.