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AAT

American Assets Trust, Inc.

AAT

NYSE·Real Estate·REIT - Diversified·Mkt cap $1.4B

$22.04

-0.54%

P/E

75.51

Mkt Cap

$1.4B

52-Wk Range

$17.72–$25.97

52-Week Range

$17.72 - $25.97

P/E

75.51

Fwd P/E

56.51

Beta

0.97

Div Yield

6.17%

Avg Vol

419.7K

Shares Out

61.4M

Mkt Cap

$1.4B

Price action

Price chart

Up 6.2% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Vertically integrated platform with in-house acquisition, development, and management capabilities
  • 50+ years of institutional knowledge and established relationships in core markets
  • Focus on high-barrier-to-entry markets with limited new supply and strong economic fundamentals
  • Diversified portfolio across office, retail, and residential asset classes
  • Self-administered structure reducing external management fees and improving operational efficiency

Bear Case

2 risks

  • Average volatility.
  • High premium - requires strong execution

Growth

Stable outlook

Organic growth through property improvements and operational optimization in premium markets

Value

High premium - requires strong execution

Momentum

Weak

-8.3% over 3m

Quality

Excellent

Mixed fundamentals

Dividend

High yield

6.17% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 27, 2026

Q3 26 RECAP

JUL 28, 2026

Reported EPS of $0.09 vs $0.10 consensus (-10.0% surprise). Revenue of $109.5M vs $110.6M expected (-1.1%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-10.0%

Revenue trend · last 8Q

+1%

-2%

-3%

-11%

-3%

+2%

+1%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$122.8M

$113.5M

$108.6M

$107.9M

$109.6M

$110.1M

$110.6M

$109.5M

Margins · last 8Q

Gross

62.0%

Operating

24.0%

Profit

4.7%

Wall Street consensus

1 analyst · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

0%

Sell

1

100%

Median Price Target

Latest: Morgan Stanley · Jul 22, 2026

vs Industry

How AAT stacks vs REIT - Diversified

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.