American Assets Trust (NYSE:AAT) released its quarterly earnings data on Tuesday. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.24), MarketWatch Earnings reports. The business had revenue of $82.11 million for the quarter. American Assets Trust had a return on equity of 3.53% and a net margin of 12.08%.

Shares of NYSE AAT traded down $0.15 during trading hours on Friday, reaching $26.18. The stock had a trading volume of 8,159 shares, compared to its average volume of 276,706. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 34.20, a PEG ratio of 3.46 and a beta of 0.98. The company has a current ratio of 3.45, a quick ratio of 1.82 and a debt-to-equity ratio of 1.11. American Assets Trust has a fifty-two week low of $20.15 and a fifty-two week high of $49.26. The firm has a 50-day moving average of $27.60 and a 200-day moving average of $32.53.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be given a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, September 9th. This is a boost from American Assets Trust’s previous quarterly dividend of $0.20. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.82%. American Assets Trust’s dividend payout ratio is 36.36%.

AAT has been the subject of several analyst reports. Morgan Stanley cut American Assets Trust from an “overweight” rating to an “equal weight” rating in a research report on Monday, May 18th. Wells Fargo & Co upped their target price on American Assets Trust from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Thursday, June 4th. Finally, Zacks Investment Research cut American Assets Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. American Assets Trust presently has an average rating of “Hold” and a consensus target price of $39.50.

About American Assets Trust

American Assets Trust, Inc (the “company”) is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier retail, office and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii.

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Earnings History for American Assets Trust (NYSE:AAT)

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