American Assets Trust (NYSE:AAT) Releases FY 2026 Earnings Guidance

American Assets Trust (NYSE:AAT) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.030-2.030 for the period, compared to the consensus estimate of 2.030. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Morgan Stanley upped their price objective on American Assets Trust from $18.00 to $24.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 22nd. Weiss Ratings upgraded American Assets Trust from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $21.50.

American Assets Trust Price Performance

NYSE:AAT traded down $0.46 on Wednesday, hitting $23.65. The company had a trading volume of 101,366 shares, compared to its average volume of 420,510. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 81.55 and a beta of 0.96. The company has a current ratio of 3.04, a quick ratio of 3.04 and a debt-to-equity ratio of 1.58. The firm has a 50 day moving average of $24.27 and a two-hundred day moving average of $21.05. American Assets Trust has a 52 week low of $17.72 and a 52 week high of $25.97.

American Assets Trust (NYSE:AAT) last issued its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The company had revenue of $109.48 million during the quarter, compared to analyst estimates of $110.64 million. American Assets Trust had a net margin of 4.16% and a return on equity of 1.65%. American Assets Trust has set its FY 2026 guidance at 2.030-2.030 EPS. On average, research analysts anticipate that American Assets Trust will post 2.03 earnings per share for the current year.

American Assets Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.36 annualized dividend and a dividend yield of 5.8%. American Assets Trust’s dividend payout ratio (DPR) is 468.97%.

American Assets Trust News Roundup

Here are the key news stories impacting American Assets Trust this week:

• Positive Sentiment: AAT affirmed its full-year 2026 FFO guidance range of $1.96 to $2.10 per diluted share, with a midpoint of $2.03, matching the consensus outlook. American Assets Trust Q2 revenue rises to $109.5 million
• Positive Sentiment: The company declared a quarterly dividend of $0.34 per share, equivalent to $1.36 annually and a yield of approximately 5.6% based on the referenced share price. The dividend is payable September 17 to shareholders of record September 3.
• Positive Sentiment: Second-quarter revenue increased to $109.5 million from $107.9 million a year earlier. AAT also signed 34 office and retail leases covering approximately 248,700 square feet, along with 575 multifamily leases, and reported $609.7 million of liquidity at quarter-end. American Assets Trust Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Insider activity was notably bullish, with Executive Chairman Ernest S. Rady reportedly purchasing 759,360 shares over the past six months. Institutional positioning was mixed, with 98 investors adding shares and 96 reducing positions.
• Negative Sentiment: AAT reported adjusted funds from operations of $0.51 per share, unchanged from the consensus estimate but below $0.52 a year earlier. Same-store cash net operating income rose only 0.3% year over year for the quarter and declined 0.1% for the first six months. American Assets Trust Q2 FFO Meet Estimates
• Negative Sentiment: Net income attributable to common shareholders fell to $5.2 million, or $0.09 per diluted share, from $7.1 million a year earlier. Reported EPS missed the $0.10 consensus estimate, while revenue of $109.48 million was below expectations of $110.64 million. American Assets Trust earnings report

Institutional Trading of American Assets Trust

A number of hedge funds have recently made changes to their positions in the company. Van ECK Associates Corp increased its stake in shares of American Assets Trust by 5.3% in the third quarter. Van ECK Associates Corp now owns 14,831 shares of the real estate investment trust’s stock valued at $301,000 after buying an additional 745 shares during the period. HighTower Advisors LLC boosted its position in American Assets Trust by 3.6% during the 4th quarter. HighTower Advisors LLC now owns 21,560 shares of the real estate investment trust’s stock worth $408,000 after buying an additional 749 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of American Assets Trust by 16.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,758 shares of the real estate investment trust’s stock worth $109,000 after purchasing an additional 833 shares during the period. Federation des caisses Desjardins du Quebec increased its holdings in American Assets Trust by 27.4% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,154 shares of the real estate investment trust’s stock valued at $79,000 after purchasing an additional 893 shares during the period. Finally, Daiwa Securities Group Inc. boosted its holdings in American Assets Trust by 6.0% in the fourth quarter. Daiwa Securities Group Inc. now owns 17,959 shares of the real estate investment trust’s stock valued at $340,000 after acquiring an additional 1,016 shares during the last quarter. 90.41% of the stock is owned by institutional investors and hedge funds.

About American Assets Trust

American Assets Trust, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops and manages a diversified portfolio of commercial properties across multiple asset classes. The company’s holdings include retail centers, office buildings, multifamily communities and select hotel and resort properties. American Assets Trust pursues an integrated strategy combining proactive redevelopment, leasing initiatives and sustainable design to enhance asset value and drive long-term growth.

Founded in 1998 and headquartered in San Diego, California, American Assets Trust has built a presence in key markets along the West Coast and select western U.S.