AAT RSI Chart
Last 7 days
-0.6%
Last 30 days
-3.3%
Last 90 days
-7.1%
Trailing 12 Months
21.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 428.9M | 434.5M | 434.7M | 441.2M |
2022 | 393.3M | 405.7M | 418.4M | 422.6M |
2021 | 331.8M | 341.5M | 355.4M | 375.8M |
2020 | 378.2M | 376.2M | 362.2M | 344.6M |
2019 | 335.5M | 334.5M | 350.4M | 366.7M |
2018 | 321.9M | 329.8M | 330.0M | 330.9M |
2017 | 298.1M | 303.4M | 309.8M | 315.0M |
2016 | 280.3M | 285.4M | 290.1M | 295.1M |
2015 | 262.1M | 266.6M | 270.6M | 275.6M |
2014 | 256.9M | 256.1M | 258.2M | 260.0M |
2013 | 242.2M | 249.0M | 253.5M | 255.1M |
2012 | 213.0M | 219.8M | 226.2M | 235.5M |
2011 | 136.3M | 156.3M | 175.7M | 202.8M |
2010 | 0 | 114.3M | 116.0M | 117.7M |
2009 | 0 | 0 | 0 | 112.6M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Dec 07, 2023 | wyll adam | acquired | - | - | 83,238 | president & coo |
Dec 07, 2023 | gammieri jerry | acquired | - | - | 31,710 | svp construction and devlp |
Dec 07, 2023 | barton robert f. | acquired | - | - | 83,238 | executive vice president & cfo |
Dec 06, 2023 | wyll adam | back to issuer | - | - | -12,452 | president & coo |
Dec 06, 2023 | barton robert f. | back to issuer | - | - | -15,224 | executive vice president & cfo |
Dec 06, 2023 | wyll adam | sold (taxes) | -350,718 | 20.14 | -17,414 | president & coo |
Dec 06, 2023 | gammieri jerry | back to issuer | - | - | -6,090 | svp construction and devlp |
Dec 06, 2023 | rady ernest s | back to issuer | - | - | -30,976 | chairman & ceo |
Dec 06, 2023 | gammieri jerry | sold (taxes) | -153,024 | 20.14 | -7,598 | svp construction and devlp |
Jun 05, 2023 | sullivan robert s | acquired | - | - | 2,587 | - |
Which funds bought or sold AAT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -3.26 | 15,681 | 146,833 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | reduced | -8.88 | 8,563,970 | 165,483,000 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 30.54 | 8,881,280 | 26,270,300 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.83 | 76,927 | 597,798 | -% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | 49,000 | 359,000 | -% |
Feb 20, 2024 | Quarry LP | reduced | -56.24 | -18,606 | 19,088 | -% |
Feb 16, 2024 | GSA CAPITAL PARTNERS LLP | added | 73.76 | 1,037,000 | 2,063,000 | 0.17% |
Feb 16, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | added | 0.21 | 219,213 | 1,593,210 | 0.01% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 4.73 | 107,000 | 616,000 | -% |
Feb 15, 2024 | JANE STREET GROUP, LLC | reduced | -30.84 | -292,091 | 1,171,020 | -% |
Unveiling American Assets Trust Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to American Assets Trust Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 92.0B | 11.1B | 67.33 | 8.26 | ||||
CCI | 45.8B | 7.0B | 30.53 | 6.57 | ||||
AVB | 26.1B | 2.8B | 28.1 | 9.43 | ||||
ARE | 21.9B | 2.9B | 211.79 | 7.61 | ||||
AMH | 13.1B | 1.6B | 30.39 | 8.17 | ||||
REG | 11.1B | 1.3B | 30.46 | 8.4 | ||||
BXP | 9.9B | 3.3B | 52.15 | 3.03 | ||||
MID-CAP | ||||||||
FRT | 8.4B | 1.1B | 35.55 | 7.44 | ||||
MAC | 3.7B | 884.1M | -13.45 | 4.17 | ||||
SLG | 3.5B | 899.4M | -6.17 | 3.87 | ||||
SMALL-CAP | ||||||||
AAT | 1.3B | 441.2M | 20.37 | 2.99 | ||||
AIV | 1.2B | 198.2M | -7.47 | 5.93 | ||||
MFA | 1.1B | 605.6M | 14.31 | 1.89 | ||||
NYMT | 650.5M | 258.7M | -13.37 | 2.51 | ||||
IVR | 461.8M | 277.9M | -29.12 | 1.66 |
American Assets Trust Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 1.2% | 112 | 111 | 110 | 108 | 106 | 111 | 104 | 101 | 102 | 98.00 | 92.00 | 84.00 | 81.00 | 84.00 | 82.00 | 97.00 | 99.00 | 98.00 | 84.00 | 85.00 | 83.00 |
Costs and Expenses | 3.8% | 83.00 | 80.00 | 78.00 | 78.00 | 79.00 | 80.00 | 76.00 | 73.00 | 76.00 | 71.00 | 65.00 | 64.00 | - | 64.00 | 59.00 | - | - | - | - | - | - |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | 64.00 | 65.00 | 64.00 | 59.00 | 68.00 | 69.00 | 68.00 | 60.00 | 56.00 | 61.00 |
S&GA Expenses | 6.7% | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 8.00 | 8.00 | 7.00 | 9.00 | 7.00 | 7.00 | 7.00 | 7.00 | 6.00 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 | 7.00 |
Interest Expenses | -16.8% | 14.00 | 16.00 | 16.00 | 16.00 | 12.00 | 14.00 | 15.00 | 15.00 | 7.00 | 15.00 | 15.00 | 14.00 | 13.00 | 13.00 | 13.00 | 13.00 | 14.00 | 14.00 | 13.00 | 13.00 | 13.00 |
Income Taxes | -123.6% | -0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.69 | 0.00 | 1.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | -0.01 |
Net Income | -10.9% | 13.00 | 15.00 | 15.00 | 21.00 | 12.00 | 16.00 | 14.00 | 14.00 | 10.00 | 13.00 | 11.00 | 2.00 | 4.00 | 6.00 | 10.00 | 15.00 | 13.00 | 13.00 | 9.00 | 11.00 | 7.00 |
Net Income Margin | 0.2% | 0.15* | 0.15* | 0.15* | 0.15* | 0.13* | 0.13* | 0.13* | 0.12* | 0.10* | 0.08* | 0.07* | 0.07* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -25.0% | 39.00 | 52.00 | 46.00 | 52.00 | 38.00 | 55.00 | 47.00 | 39.00 | 39.00 | 53.00 | 34.00 | 43.00 | 18.00 | 40.00 | 24.00 | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -0.9% | 2,985 | 3,011 | 3,012 | 3,020 | 2,988 | 3,009 | 3,007 | 3,011 | 3,018 | 3,051 | 3,046 | 3,049 | 2,817 | 2,844 | 2,846 | 2,756 | 2,790 | 2,789 | 2,719 | 2,217 | 2,198 |
Cash Equivalents | -7.9% | 83.00 | 90.00 | 85.00 | 87.00 | 50.00 | 63.00 | 61.00 | 74.00 | 140 | 172 | 368 | 380 | 139 | 155 | 146 | 52.00 | 109 | 116 | 45.00 | 55.00 | 57.00 |
Liabilities | -0.6% | 1,831 | 1,842 | 1,836 | 1,840 | 1,802 | 1,811 | 1,807 | 1,805 | 1,808 | 1,832 | 1,818 | 1,814 | 1,564 | 1,578 | 1,570 | 1,475 | 1,497 | 1,491 | 1,427 | 1,412 | 1,396 |
Shareholder's Equity | -0.9% | 1,198 | 1,209 | 1,176 | 1,180 | 1,221 | 1,198 | 1,200 | 1,206 | 1,210 | 1,219 | 1,227 | 1,235 | 1,253 | 1,266 | 1,276 | 1,281 | 1,294 | 1,298 | 1,292 | 805 | 802 |
Retained Earnings | -3.5% | -280 | -270 | -262 | -254 | -251 | -241 | -235 | -226 | -217 | -207 | -199 | -192 | -176 | -164 | -154 | -150 | -144 | -139 | -135 | -130 | -128 |
Additional Paid-In Capital | 0.1% | 1,469 | 1,467 | 1,465 | 1,463 | 1,461 | 1,459 | 1,457 | 1,455 | 1,453 | 1,450 | 1,449 | 1,447 | 1,446 | 1,444 | 1,455 | 1,453 | 1,452 | 1,451 | 1,439 | 929 | 921 |
Shares Outstanding | 0.3% | 61.00 | 61.00 | 61.00 | 61.00 | 61.00 | 60.00 | 60.00 | 60.00 | 60.00 | 60.00 | 60.00 | 60.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | -8.7% | -44.18 | -40.65 | -38.62 | -37.40 | -35.74 | -32.63 | -31.73 | -30.05 | -28.84 | -26.35 | -24.24 | -22.16 | -18.04 | -14.96 | -24.46 | -23.22 | -20.24 | -19.05 | -17.82 | -1.92 | -0.51 |
Float | - | - | - | 1,012 | - | - | - | 1,560 | - | - | - | 1,971 | - | - | - | 1,478 | - | - | - | 2,491 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -25.0% | 38,846 | 51,787 | 46,151 | 51,967 | 38,180 | 54,835 | 46,908 | 39,149 | 38,697 | 52,906 | 34,221 | 42,505 | 17,836 | 40,027 | 23,761 | 45,361 | 31,704 | 51,943 | 33,338 | 36,831 | 17,594 |
Share Based Compensation | 22.4% | 2,571 | 2,100 | 2,100 | 2,035 | 3,190 | 2,000 | 2,000 | 1,500 | 4,001 | 1,500 | 1,500 | 1,484 | 2,554 | 1,251 | 1,252 | 1,250 | 1,118 | 1,130 | 1,131 | 1,098 | 859 |
Cashflow From Investing | 7.0% | -19,659 | -21,142 | -23,391 | -25,695 | -26,687 | -27,155 | -35,184 | -77,295 | -48,933 | -226,254 | -24,875 | -12,216 | -15,503 | -14,441 | -15,208 | -23,925 | -25,153 | -23,980 | -527,613 | -22,437 | -27,554 |
Cashflow From Financing | -3.5% | -26,267 | -25,386 | -25,379 | 11,485 | -25,353 | -24,999 | -24,547 | -27,805 | -23,879 | -22,995 | -21,514 | 212,812 | -19,842 | -19,116 | 84,707 | -74,059 | -23,162 | 43,619 | 484,440 | -7,351 | 1,094 |
Dividend Payments | 0.2% | 25,436 | 25,379 | 25,379 | 25,377 | 24,609 | 24,547 | 24,547 | 24,545 | 23,014 | 22,995 | 21,464 | 21,463 | 19,164 | 19,116 | 15,293 | 22,937 | 22,938 | 21,353 | 18,253 | 18,061 | 18,064 |
Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
REVENUE: | |||
Rental income | $ 419,373 | $ 402,507 | $ 360,208 |
Other property income | 21,791 | 20,141 | 15,620 |
Total revenue | 441,164 | 422,648 | 375,828 |
EXPENSES: | |||
Rental expenses | 118,801 | 107,645 | 86,980 |
Real estate taxes | 45,156 | 44,788 | 42,794 |
General and administrative | 35,960 | 32,143 | 29,879 |
Depreciation and amortization | 119,500 | 123,338 | 116,306 |
Total operating expenses | 319,417 | 307,914 | 275,959 |
OPERATING INCOME | 121,747 | 114,734 | 99,869 |
Interest expense, net | (64,706) | (58,232) | (58,587) |
Loss on early extinguishment of debt | 0 | 0 | (4,271) |
Other income (expense), net | 7,649 | (625) | (418) |
Net income | 64,690 | 55,877 | 36,593 |
Net income attributable to restricted shares | (761) | (648) | (564) |
Net income attributable to unitholders in the Operating Partnership | (13,551) | (11,723) | (7,653) |
NET INCOME ATTRIBUTABLE TO AMERICAN ASSETS TRUST, INC. STOCKHOLDERS | $ 50,378 | $ 43,506 | $ 28,376 |
EARNINGS PER COMMON SHARE, BASIC | |||
Basic income attributable to common stockholders per share (in USD per share) | $ 0.84 | $ 0.72 | $ 0.47 |
Weighted average shares of common stock outstanding-basic (in shares) | 60,158,976 | 60,048,970 | 59,990,740 |
EARNINGS PER COMMON SHARE, DILUTED | |||
Diluted income attributable to common stockholders per share (in USD per share) | $ 0.84 | $ 0.72 | $ 0.47 |
Weighted average shares of common stock outstanding-diluted (in shares) | 76,340,513 | 76,230,507 | 76,172,277 |
COMPREHENSIVE INCOME | |||
Net income | $ 64,690 | $ 55,877 | $ 36,593 |
Other comprehensive (loss) income - unrealized (loss) income on swap derivatives during the period | (1,827) | 11,319 | 2,723 |
Comprehensive income | 61,714 | 65,719 | 38,025 |
Comprehensive income attributable to noncontrolling interest | (12,917) | (13,813) | (7,966) |
Comprehensive income attributable to American Assets Trust, Inc. | 48,797 | 51,906 | 30,059 |
Forward starting swaps included in interest expense, net | |||
COMPREHENSIVE INCOME | |||
Reclassification of amortization of forward starting swaps | (1,149) | (1,477) | (1,098) |
Forward-starting swap realized gain included in loss on early extinguishment of debt | |||
COMPREHENSIVE INCOME | |||
Reclassification of amortization of forward starting swaps | $ 0 | $ 0 | $ (193) |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Real estate, at cost | ||
Operating real estate | $ 3,502,251 | $ 3,468,537 |
Construction in progress | 239,030 | 202,385 |
Held for development | 487 | 547 |
Total Real estate, at cost | 3,741,768 | 3,671,469 |
Accumulated depreciation | (1,036,453) | (936,913) |
Net real estate | 2,705,315 | 2,734,556 |
Cash and cash equivalents | 82,888 | 49,571 |
Accounts receivable, net | 7,624 | 7,848 |
Deferred rent receivables, net | 89,210 | 87,192 |
Other assets, net | 99,644 | 108,714 |
TOTAL ASSETS | 2,984,681 | 2,987,881 |
LIABILITIES: | ||
Secured notes payable, net | 74,669 | 74,578 |
Unsecured notes payable, net | 1,614,958 | 1,539,453 |
Unsecured line of credit, net | 0 | 34,057 |
Accounts payable and accrued expenses | 61,312 | 65,992 |
Security deposits payable | 8,880 | 8,699 |
Other liabilities and deferred credits | 71,187 | 79,577 |
Total liabilities | 1,831,006 | 1,802,356 |
Commitments and contingencies (Note 12) | ||
American Assets Trust, Inc. stockholders' equity | ||
Common stock, $0.01 par value, 490,000,000 shares authorized, 60,895,786 and 60,718,653 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 609 | 607 |
Additional paid-in capital | 1,469,206 | 1,461,201 |
Accumulated dividends in excess of net income | (280,239) | (251,167) |
Accumulated other comprehensive income | 8,282 | 10,624 |
Total American Assets Trust, Inc. stockholders' equity | 1,197,858 | 1,221,265 |
Noncontrolling interests | (44,183) | (35,740) |
Total equity | 1,153,675 | 1,185,525 |
TOTAL LIABILITIES AND EQUITY | $ 2,984,681 | $ 2,987,881 |