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

American Assets Trust (NYSE:AAT) posted 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 Price Performance

AAT stock opened at $24.05 on Wednesday. The firm has a 50 day moving average of $25.97 and a 200-day moving average of $26.39. The firm has a market capitalization 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 company has a current ratio of 8.53, a quick ratio of 8.53 and a debt-to-equity ratio of 1.86.

Insider Buying and Selling

In other American Assets Trust news, COO Adam Wyll sold 30,238 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $28.22, for a total value of $853,316.36. Following the transaction, the chief operating officer now directly owns 45,595 shares in the company, valued at $1,286,690.90. This represents a 39.87 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 37.32% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

AAT has been the topic of a number of analyst reports. Mizuho boosted their target price on shares of American Assets Trust from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. Morgan Stanley lifted their price target on American Assets Trust from $23.00 to $24.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 30th.

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.