Last $36.57 USD
Change Today +0.62 / 1.72%
Volume 154.2K
AAT On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

american assets trust inc (AAT) Snapshot

Open
$36.51
Previous Close
$35.95
Day High
$36.63
Day Low
$36.24
52 Week High
10/22/14 - $36.63
52 Week Low
01/2/14 - $30.64
Market Cap
1.6B
Average Volume 10 Days
136.2K
EPS TTM
$0.42
Shares Outstanding
42.6M
EX-Date
09/10/14
P/E TM
87.1x
Dividend
$0.88
Dividend Yield
2.41%
Current Stock Chart for AMERICAN ASSETS TRUST INC (AAT)

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american assets trust inc (AAT) Details

American Assets Trust, Inc. operates as a real estate investment trust in the United States. The company owns, operates, acquires, and develops retail, office, multifamily, and mixed-use properties primarily in southern California, northern California, and Hawaii. As of May 10, 2011, its property portfolio comprised approximately 3.0 million rentable square feet of retail space; approximately 1.8 million square feet of office space; 1 mixed-use property, including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel; and approximately 900 multifamily units. The company was founded in 1967 and is based in San Diego, California.

118 Employees
Last Reported Date: 08/1/14
Founded in 1967

american assets trust inc (AAT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $771.9K
Founder and Executive Chairman of The Board
Total Annual Compensation: $550.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $525.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $300.0K
Senior Vice President of Real Estate Operatio...
Total Annual Compensation: $210.0K
Compensation as of Fiscal Year 2013.

american assets trust inc (AAT) Key Developments

American Assets Trust Mulls Acquisitions

American Assets Trust, Inc. (NYSE:AAT) is seeking acquisitions. Bob Barton, Executive Vice President and Chief Financial Officer of American Assets Trust said, "Now, as we look at our balance sheet and liquidity at the end of the second quarter, we are well-positioned to continue to execute on our strategy of selectively acquiring or developing accretive, irreplaceable assets in our core West Coast coastal markets."

American Assets Trust, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Revises Earnings Guidance for the Fiscal Year of 2014

American Assets Trust, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenue of $62,185,000 compared to $62,914,000 a year ago. Operating income was $17,712,000 compared to $19,373,000 a year ago. Net income was $5,351,000 compared to $4,564,000 a year ago. Net income attributable to the company stockholders was $3,713,000 compared to $3,077,000 a year ago. Basic and diluted net income per share was $0.09 compared to $0.08 a year ago. FFO per diluted share/unit was $0.39 compared to $0.37 a year ago. FFO attributable to common stock and units was $23,535,000 compared to $21,429,000 a year ago. Maintenance capital expenditures were $4,160,000 compared to $2,318,000 a year ago. For the six months, the company reported total revenue of $126,138,000 compared to $125,094,000 a year ago. Operating income was $38,066,000 compared to $39,253,000 a year ago. Net income was $12,009,000 compared to $9,429,000 a year ago. Net income attributable to the company stockholders was $8,315,000 compared to $6,315,000 a year ago. Basic and diluted net income per share was $0.20 compared to $0.16 a year ago. FFO per diluted share/unit was $0.78 compared to $0.75 a year ago. FFO attributable to common stock and units was $46,488,000 compared to $43,219,000 a year ago. Maintenance capital expenditures were $7,038,000 compared to $3,427,000 a year ago. The company revised earnings guidance for the fiscal year of 2014. For the period, the company expects net income to be in the range of $27,296,000 to $30,863,000 compared to prior guidance range of $29,838,000 to $34,851,000 a year ago. Depreciation and amortization of real estate assets expected to be in the range of $65,913,000 to $65,913,000 compared to prior guidance range of $59,865,000 to $59,865,000. FFO expected to be of $93,209,000 to $96,776,000 compared to prior guidance range of $89,703,000 to $94,716,000. FFO attributable to common stock and units expected to be of $93,064,000 to $96,631,000 compared to prior guidance range of $89,345,000 to $94,358,000. FFO per diluted share expected to be in the range of $1.56 to $1.62 compared to prior guidance range of $1.54 to $1.62.

American Assets Trust, Inc. Declares Dividend on Common Stock for the Quarter Ending September 30, 2014, Payable on September 26, 2014

American Assets Trust, Inc. has declared dividend on its common stock of $0.22 per share for the quarter ending September 30, 2014. The dividend will  be paid on September 26, 2014 to stockholders of record on September 12, 2014.

 

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AAT:US $36.57 USD +0.62

AAT Competitors

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Company Last Change
Acadia Realty Trust $29.82 USD +0.15
Inland Real Estate Corp $10.32 USD 0.00
Kite Realty Group Trust $25.17 USD -0.10
Ramco-Gershenson Properties Trust $16.69 USD +0.05
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Industry Analysis

AAT

Industry Average

Valuation AAT Industry Range
Price/Earnings 100.0x
Price/Sales 6.0x
Price/Book 2.2x
Price/Cash Flow 18.1x
TEV/Sales 1.4x
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