American Assets Trust, Inc. Aktie News

SAN DIEGO, April 08, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its first quarter 2024 earnings in a press release to be issued after the market closes on Tuesday, April 30, 2024.

American Assets Trust is a high-quality REIT that offers income investors a buying opportunity at a low P/FFO ratio of less than 9.0x, well below its 5-year average. AAT owns quality real estate in the Western US, with properties in high-income areas like San Diego and Oahu. Despite headwinds and expected declines in NOI, AAT's balance sheet is strong and their dividend is well-covered with a p...

American Assets Trust, Inc. (AAT) Q4 2023 Earnings Call Transcript

Net income available to common stockholders of $10.5 million and $50.4 million for the three months and year ended December 31, 2023 , respectively, or $0.17 and $0.84 per diluted share, respectively.

American Assets Trust owns high-quality real estate in the San Diego area and other West Coast states like Washington and Oregon. AAT has faced challenges due to the COVID-19 pandemic, particularly in the office and multi-family sectors. Despite these challenges, AAT has remained resilient, raised its full-year guidance twice during the fiscal-year, and has a strong balance sheet.

SAN DIEGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2023 dividend distributions as follows:

SAN DIEGO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its fourth quarter and year-end 2023 earnings in a press release to be issued after the market closes on Tuesday, February 6, 2024.

The real estate sector has been one of the worst-performing sectors in 2023, but recently crossed into positive territory. Rising interest rates have negatively impacted REITs, but with the hiking cycle all but completed, REITs are starting to recover. There are opportunities to buy high-quality REITs at attractive valuations for 2024.