American Assets Trust, Inc.AAT

$24.05+0.20 (+0.84%)
NYSEReal Estate24:00 UTC

Company snapshot

Market Cap
$2B
Small-cap
-30%
2016 — today
10-Year Price
-43%
2016 — today
52-Week Range
$17.76$24.50
Current $24.05· 93%

American Assets Trust, Inc. (AAT) operates as a fully integrated and internally managed real estate investment trust (REIT), headquartered in San Diego, California. The company boasts an extensive history spanning more than 50 years, specializing in the acquisition, improvement, development, and active management of premium office, retail, and residential properties. AAT strategically targets dynamic, high-barrier-to-entry markets throughout the United States, with a particular concentration in Southern and Northern California, Oregon, Washington, Texas, and Hawaii. Its substantial portfolio features approximately 3.4 million rentable square feet dedicated to office properties and about 3.1 million square feet in its retail holdings. Furthermore, AAT owns a notable mixed-use asset comprising roughly 97,000 rentable square feet of retail space alongside a 369-room all-suite hotel, in addition to 2,112 multifamily residential units. Established in 2011 as the successor to American Assets, Inc., a private entity founded in 1967, the company leverages this long-standing lineage to its advantage, possessing profound experience, robust relationships, and an unparalleled understanding of its primary markets, submarkets, and various asset classes.

Valuation in context

P/E ratio
82.4
Historically pricey
Historically pricey — last 10 years
P/B ratio
1.7
Below average
Below the 10-year average
EV / EBITDA
14.8
Below average
Below the 10-year average
Dividend Yield
5.7%
Above average
Above the 10-year average
PEG ratio
298.1
Near historic high
Near historic highs — last 10 years
FCF Yield
5.0%
Above average
Above the 10-year average
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