American Assets Trust (NYSE:AAT) Releases Earnings Results, Beats Expectations By $0.04 EPS

American Assets Trust (NYSE:AAT) issued its quarterly earnings data on Tuesday. The real estate investment trust reported $0.13 EPS for the quarter, beating the consensus estimate of $0.09 by $0.04, FiscalAI reports. The business had revenue of $114.28 million during the quarter, compared to analyst estimates of $111.87 million.

American Assets Trust Trading Up 2.6%

Shares of NYSE AAT opened at $21.78 on Wednesday. American Assets Trust has a 12-month low of $17.72 and a 12-month high of $25.97. The business’s fifty day simple moving average is $21.79 and its 200-day simple moving average is $21.37.

American Assets Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 10th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.2%.

Wall Street Analyst Weigh In

AAT has been the subject of several research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of American Assets Trust in a research note on Tuesday, August 18th. Morgan Stanley boosted their target price on American Assets Trust from $18.00 to $24.00 and gave the stock an “underweight” rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, American Assets Trust presently has a consensus rating of “Reduce” and a consensus target price of $21.50.

Key Stories Impacting American Assets Trust

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

• Positive Sentiment: Q3 results exceeded expectations: AAT reported adjusted funds from operations (FFO) of $0.56 per share, up from $0.49 a year earlier and above the $0.50 consensus estimate. Revenue reached $114.3 million, topping the $111.9 million analyst forecast, while EPS of $0.13 exceeded the $0.09 estimate. American Assets Trust Q3 FFO and Revenues Beat Estimates
• Positive Sentiment: Guidance was raised: Management increased its 2026 FFO-per-share outlook to $2.04–$2.10, signaling improved expectations for operating performance. Same-store cash net operating income rose 8.3% year over year. American Assets Trust Reports Q3 2026 Revenue
• Positive Sentiment: Dividend remains attractive: AAT declared a quarterly dividend of $0.34 per share, or $1.36 annualized, representing an indicated yield of approximately 6.2%. The dividend is payable December 17 to shareholders of record December 10. American Assets Trust Dividend Announcement
• Neutral Sentiment: The portfolio showed mixed leasing levels: 98.3% for retail and 94.2% for multifamily, but only 85.8% for office. Liquidity totaled $589.6 million, including $89.6 million in cash, providing financial flexibility.
• Negative Sentiment: Technical weakness may be weighing on shares: AAT was reported to have broken below its 200-day moving average, a bearish signal that can encourage additional selling despite the stronger earnings and guidance. American Assets Trust Stock Price Technical Analysis

About American Assets Trust

American Assets Trust, Inc (NYSE:AAT) is a self-administered and self-managed real estate investment trust (REIT) that owns, operates, acquires and develops primarily commercial and residential properties. Its portfolio includes office buildings, retail centers and multifamily communities.

The company focuses on high-quality properties in markets with attractive economic and demographic characteristics. Its properties are concentrated in select coastal regions of the United States, including Southern California, Northern California, Washington and Hawaii.

American Assets Trust traces its roots to a real estate business established by Ernest S.