American Assets Trust (NYSE:AAT) Stock

American Assets Trust

American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company invests in, operates, and develops retail, office, residential, and mixed-use properties. Properties are predominantly located in South California, Northern California, Oregon, Washington, and Hawaii. American Assets operates through four segments based on property type: retail; office; mixed-use, which consists of retail and hotel components; and multifamily, which includes the company's apartment properties. The retail and office segments collectively contribute the majority of the total revenue.

Skyscrapers,Cityscape,Downtown,View,,Nashville,Skyline,Buildings.,Beautiful,Real,Estate.

Long Ideas

News

Pre-Market Outlook

Markets

Trading Ideas

Top 3 Real Estate Stocks That May Rocket Higher This Quarter

Reit,Real,Estate,Investment,Trust,Symbol.,Concept,Words,Reit,Real

REIT

Real Estate

TRNO

These REITs Yield Up to 6.2% and Have Track Records of Dividend Growth

reit shutter

COLD

These REITs Yield Up to 6.3% and Are Have Been Growing Their Dividends

American Assets Trust Inc

AUTOSCOPE TECHS CORP by Autoscope Technologies Corporation

Autoscope Technologies Corp

ATI Airtest Technologies Inc

ATI AIRTEST TECHS INC by ATI Airtest Technologies Inc.

AMG CAP TR II 5.15% CONV by AMG Capital Trust II

ADAPTIVE AD SYSTEMS INC by Adaptive Ad Systems, Inc.

Adaptive Ad Systems Inc

<p><strong>American Assets Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) announced its Q4 earnings on Tuesday, February 4, 2025 at 04:15 PM.</p>
<p>Here's a breakdown of the earnings report.</p>
<h3>Earnings</h3>
<p>American Assets Trust beat estimated earnings by 10.0%, reporting an EPS of $0.55 versus an estimate of $0.5.</p>
<p>Revenue was up $969 thousand from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>During the previous quarter, the company beat on EPS by $0.17, leading to a 2.0% increase share price change the next day.</p>
<p>Here's a look at American Assets Trust's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.54</td>
<td>0.54</td>
<td>0.67</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.71</td>
<td>0.60</td>
<td>0.71</td>
<td>0.57</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>110.39M</td>
<td>108.90M</td>
<td>106.39M</td>
<td>108.29M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>122.81M</td>
<td>110.89M</td>
<td>110.69M</td>
<td>112.49M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>American Assets Trust management provided guidance for FY 2025, expecting earnings between $1.87 and $2.01 per share.</p>
<p>To track all earnings releases for American Assets Trust <a href="https://www.benzinga.com/quote/AAT/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Earnings

American Assets Trust Q4 Earnings Assessment

<p><strong>American Assets Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) just disclosed its Q4 earnings on Tuesday, February 4, 2025 at 04:15 PM.</p>
<p>Here's a brief overview of the earnings report.</p>
<h3>Earnings</h3>
<p>American Assets Trust beat estimated earnings by 10.0%, reporting an EPS of $0.55 versus an estimate of $0.5.</p>
<p>Revenue was up $969 thousand from the same period last year.</p>
<h3>Historical Earnings Summary</h3>
<p>The company beat on EPS by $0.17 in the last quarter, resulting in a 2.0% increase share price change the following day.</p>
<p>Here's a look at American Assets Trust's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.54</td>
<td>0.54</td>
<td>0.67</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.71</td>
<td>0.60</td>
<td>0.71</td>
<td>0.57</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>110.39M</td>
<td>108.90M</td>
<td>106.39M</td>
<td>108.29M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>122.81M</td>
<td>110.89M</td>
<td>110.69M</td>
<td>112.49M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>American Assets Trust management provided guidance for FY 2025, expecting earnings between $1.87 and $2.01 per share.</p>
<p>To track all earnings releases for American Assets Trust <a href="https://www.benzinga.com/quote/AAT/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


American Assets Trust: Q4 Earnings Insights

<p>The Q4 earnings report for <strong>American Assets Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) was released on Tuesday, February 4, 2025 at 04:15 PM.</p>
<p>Here's what investors need to know about the latest announcement.</p>
<h3>Earnings</h3>
<p>American Assets Trust beat estimated earnings by 10.0%, reporting an EPS of $0.55 versus an estimate of $0.5.</p>
<p>Revenue was up $969 thousand from the same period last year.</p>
<h3>Analysis of Past Earnings</h3>
<p>The company beat on EPS by $0.17 in the previous quarter, leading to a 2.0% increase share price change the next day.</p>
<p>Here's a look at American Assets Trust's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.54</td>
<td>0.54</td>
<td>0.67</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.71</td>
<td>0.60</td>
<td>0.71</td>
<td>0.57</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>110.39M</td>
<td>108.90M</td>
<td>106.39M</td>
<td>108.29M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>122.81M</td>
<td>110.89M</td>
<td>110.69M</td>
<td>112.49M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>American Assets Trust management provided guidance for FY 2025, expecting earnings between $1.87 and $2.01 per share.</p>
<p>To track all earnings releases for American Assets Trust <a href="https://www.benzinga.com/quote/AAT/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Earnings Breakdown: American Assets Trust Q4

<p><strong>American Assets Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) just disclosed its Q4 earnings on Tuesday, February 4, 2025 at 04:15 PM.</p>
<p>Here's a brief overview of the earnings report.</p>
<h3>Earnings</h3>
<p>American Assets Trust beat estimated earnings by 10.0%, reporting an EPS of $0.55 versus an estimate of $0.5.</p>
<p>Revenue was up $969 thousand from the same period last year.</p>
<h3>Analysis of Past Earnings</h3>
<p>Last quarter the company beat on EPS by $0.17 which was followed by a 2.0% increase in the share price the next day.</p>
<p>Here's a look at American Assets Trust's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.54</td>
<td>0.54</td>
<td>0.67</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.71</td>
<td>0.60</td>
<td>0.71</td>
<td>0.57</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>110.39M</td>
<td>108.90M</td>
<td>106.39M</td>
<td>108.29M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>122.81M</td>
<td>110.89M</td>
<td>110.69M</td>
<td>112.49M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>American Assets Trust management provided guidance for FY 2025, expecting earnings between $1.87 and $2.01 per share.</p>
<p>To track all earnings releases for American Assets Trust <a href="https://www.benzinga.com/quote/AAT/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


American Assets Trust Earnings Review: Q4 Summary

<p>American Assets Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) is looking for FY2025 FFO of $1.87-2.01 vs $2.22 analyst estimate..</p>


Guidance

American Assets Trust Sees FY2025 FFO $1.87-2.01 vs $2.22 Est

<p><strong>American Assets Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) just disclosed its Q4 earnings on Tuesday, February 4, 2025 at 04:15 PM.</p>
<p>Here's a brief overview of the earnings report.</p>
<h3>Earnings</h3>
<p>American Assets Trust beat estimated earnings by 10.0%, reporting an EPS of $0.55 versus an estimate of $0.5.</p>
<p>Revenue was up $969 thousand from the same period last year.</p>
<h3>Performance in Previous Earnings</h3>
<p>Last quarter the company beat on EPS by $0.17 which was followed by a 2.0% increase in the share price the next day.</p>
<p>Here's a look at American Assets Trust's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.54</td>
<td>0.54</td>
<td>0.67</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.71</td>
<td>0.60</td>
<td>0.71</td>
<td>0.57</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>110.39M</td>
<td>108.90M</td>
<td>106.39M</td>
<td>108.29M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>122.81M</td>
<td>110.89M</td>
<td>110.69M</td>
<td>112.49M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for American Assets Trust <a href="https://www.benzinga.com/quote/AAT/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


American Assets Trust Earnings Report: Q4 Overview

<p>American Assets Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) reported quarterly earnings of $0.55 per share which beat the analyst consensus estimate of $0.50 by 10 percent. This is a 3.51 percent decrease over earnings of $0.57 per share from the same period last year.  The company reported quarterly sales of $113.46 million which beat the analyst consensus estimate of $111.90 million by 1.40 percent.  This is a 0.86 percent increase over sales of $112.49 million the same period last year.</p>


Earnings Beats

American Assets Trust Q4 FFO $0.55 Beats $0.50 Estimate, Sales $113.46M Beat $111.90M Estimate

ALGT

AMCR

AMGN

APAM

ARMK

ATEN

ATKR

AUDC

AVNW

AXTA

AZEK

AZPN

BALL

BERY

COLM

CRUS

CVRX

EGHT

ENPH

ENVA

FICO

FLNG

FOXA

GBDC

GOOG

GOOGL

HLNE

HUBB

ICHR

IESC

INGR

INMD

INNV

INTA

JKHY

JNPR

KLIC

KTCC

LANC

LARK

LUMN

MDLZ

MLAB

MPLX

MRCY

MSGS

MTCH

MUFG

OCSL

OSCR

PINC

PYPL

RACE

Earnings Scheduled For February 4, 2025

<p>The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.</p>
<p>The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the<a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.</p>
<p>Here's the latest list of major oversold players in this sector, having an RSI near or below 30.</p>
<h3 class="wp-block-heading"><strong>Forestar Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>)</strong></h3>
<ul>
<li>On Jan. 6, Citigroup analyst Anthony Pettinari maintained Forestar Group with a Buy and lowered the price target from $43 to $39. The company' stock fell around 10% over the past month and has a <a href="https://www.benzinga.com/quote/FOR">52-week low of $24.81</a>.</li>
<li><strong>RSI Value:</strong> 20.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li><strong>FOR Price Action:</strong> Shares of Forestar Group fell 2.5% to close at $25.10 on Friday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011325&amp;t=be2bearmibe3na1">latest FOR news</a>.</li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011325&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="901" height="852" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064401/image-69.png" alt="" class="wp-image-730282" style="width:649px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064401/image-69.png 901w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064401/image-69-300x284.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064401/image-69-768x726.png 768w" sizes="(max-width: 901px) 100vw, 901px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>American Assets Trust, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>)</strong></h3>
<ul>
<li>American Assets Trust will announce its fourth quarter and year-end 2024 earnings after the market closes on Tuesday, Feb. 4. The company's stock fell around 10% over the past five days and <a href="https://www.benzinga.com/quote/AAT">has a 52-week low</a> of $20.03.</li>
<li><strong>RSI Value:</strong> 22.7</li>
<li><strong>AAT Price Action:</strong> Shares of American Assets Trust fell 3.2% to close at $23.56 on Friday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011325&amp;t=be2bearmibe3na1">trend in AAT stock</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011325&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="833" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064428/image-70.png" alt="" class="wp-image-730284" style="width:536px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064428/image-70.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064428/image-70-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064428/image-70-768x705.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Alexander&#8217;s Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALX#NYSE">ALX</a>)</strong></h3>
<ul>
<li>On Nov. 4, Alexander&#8217;s posted better-than-expected quarterly results. The company's stock fell around 12% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/ALX">low of $185.00.</a></li>
<li><strong>RSI Value:</strong> 25.9</li>
<li><strong>ALX Price Action:</strong> Shares of Alexander&#8217;s fell 6.6% to close at $186.88 on Friday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011325&amp;t=be2bearmibe3na1">breakout in ALX shares</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011325&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="880" height="836" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064521/image-71.png" alt="" class="wp-image-730285" style="width:552px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064521/image-71.png 880w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064521/image-71-300x285.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13064521/image-71-768x730.png 768w" sizes="(max-width: 880px) 100vw, 880px" /></a></figure></p>
<p><strong>Read This Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/25/01/42923396/wall-streets-most-accurate-analysts-weigh-in-on-3-real-estate-stocks-with-over-7-dividend-yields-2">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 7% Dividend Yields</a></strong></li>
</ul>


<p>Mizuho  analyst Haendel St. Juste   maintains American Assets Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) with a Neutral and raises the price target from $26 to $28.</p>


Price Target

Analyst Ratings

Mizuho Maintains Neutral on American Assets Trust, Raises Price Target to $28

<p>Morgan Stanley  analyst Richard Hill   maintains American Assets Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) with a Equal-Weight and raises the price target from $23 to $24.</p>


Morgan Stanley Maintains Equal-Weight on American Assets Trust, Raises Price Target to $24

<p>American Assets Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) raises FY2024 FFO guidance from $2.48-2.54 to $2.51-2.55 vs $2.46 analyst estimate..</p>


American Assets Trust Raises FY2024 FFO Guidance from $2.48-2.54 to $2.51-2.55 vs $2.46 Est

<p>American Assets Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) reported quarterly earnings of $0.71 per share which beat the analyst consensus estimate of $0.65 by 9.23 percent.  The company reported quarterly sales of $122.810 million which beat the analyst consensus estimate of $111.355 million by 10.29 percent.  This is a 10.44 percent increase over sales of $111.198 million the same period last year.</p>


American Assets Trust Q3 2024 FFO $0.71 Beats $0.65 Estimate, Sales $122.810M Beat $111.355M Estimate

<p>American Assets Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) (the "company") today announced that its operating partnership, American Assets Trust, L.P. (the "operating partnership"), has priced a public offering of $525 million aggregate principal amount of 6.150% senior notes due 2034 (the "Notes"). The Notes were priced at 99.671% of the principal amount and will mature on October 1, 2034. The offering is expected to settle on September 17, 2024, subject to the satisfaction of customary closing conditions. The Notes will be fully and unconditionally guaranteed by the company.<br />&nbsp;</p>


Offerings

American Assets Trust Announces Pricing Of $525M Of 6.150% Senior Unsecured Notes Due 2034

<p>Mizuho  analyst Haendel St. Juste   maintains American Assets Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) with a Neutral and raises the price target from $22 to $26.</p>


Mizuho Maintains Neutral on American Assets Trust, Raises Price Target to $26

American Assets Trust Increases 2024 FFO Per Share Guidance From $2.24 - $2.34 To $2.48 - $2.54; Est $2.31

<p>American Assets Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.54 by 11.11 percent. This is a 1.69 percent increase over earnings of $0.59 per share from the same period last year.  The company reported quarterly sales of $110.890 million which beat the analyst consensus estimate of $108.896 million by 1.83 percent.  This is a 1.07 percent increase over sales of $109.721 million the same period last year.</p>


American Assets Trust Q2 2024 FFO $0.60 Beats $0.54 Estimate, Sales $110.890M Beat $108.896M Estimate

<p>Real estate investment trusts (REITs) own, operate, or finance income-generating real estate. REITs allow individuals to invest in various types of real estate without having to directly own or manage the properties. REITs typically focus on a specific type of real estate, such as residential, commercial, or industrial, and they are required to distribute a large percentage of their taxable income to shareholders in the form of dividends, making them attractive for income-seeking investors.</p>
<p>Let's take a look at two REITs with yields up to 6.2% that have been growing their dividends in recent years.</p>
<h2 class="wp-block-heading"><strong>Terreno Realty Corporation</strong></h2>
<p><strong>Terreno Realty Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) owns and manages a portfolio of industrial properties across six major coastal U.S. markets &#8211; Seattle, the San Francisco Bay Area, Los Angeles, Miami, Washington D.C., and Northern New Jersey / New York City.</p>
<p>Terreno currently pays a quarterly dividend of $0.45 per share, equating to an annualized dividend of $1.80 per share, which gives its stock a yield of about 3.3% at the time of this writing.&nbsp;</p>
<p>On top of having a high yield, Terreno is a dividend-growth superstar. It has raised its dividend every year since paying its first dividend in 2011, putting it on track for 2024 to mark the 13th consecutive year with an increase.</p>
<h2 class="wp-block-heading"><strong>Don't Miss:</strong></h2>
<ul>
<li>Investing in real estate just got a whole lot simpler. This <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars">Jeff Bezos-backed startup will allow you to become a landlord</a> in just 10 minutes, and you only need $100.</li>
<li>Want To Grow Your Wealth Passively? Unlock Real Wealth with <a href="https://www.benzinga.com/money/cityfunds-yield">Cityfunds&#8217; Exclusive 8% Yield Fund</a>.</li>
</ul>
<h2 class="wp-block-heading"><strong>American Assets Trust</strong></h2>
<p><strong>American Assets Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) owns and manages a portfolio of premier office, retail, and residential properties primarily across Southern California, Northern California, Washington, Oregon, Texas, and Hawaii.</p>
<p>AAT currently pays a quarterly dividend of $0.335 per share, equating to an annualized dividend of $1.34 per share, which gives its stock a yield of about 6.2% at the time of this writing.</p>
<p>In addition to having a high yield, AAT is an up-and-coming dividend-growth star. It has raised its annual dividend payment each of the last three years, and its 1.5% hike in February has it on track for 2024 to mark the fourth consecutive year with an increase.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li>Dara Khosrowshahi-Backed Startup Lets You <a href="https://www.benzinga.com/money/dara-khosrowshahi-backed-startup-lets-you-become-a-landlord-with-100">Become a Landlord with $100</a>.</li>
<li>Miami Is Expected To Take New York's Place As The US Financial Capital. <a href="https://www.benzinga.com/money/miami-take-new-yorks-place-financial-capital">Invest In It With $500 Before That Happens</a>. </li>
</ul>


American Assets Trust Increases 2024 FFO Per Share Guidance From $2.19-$2.33 To $2.24-$2.34, Est $2.30

<p>American Assets Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAT#NYSE">AAT</a>) reported quarterly earnings of $0.71 per share which beat the analyst consensus estimate of $0.66 by 7.58 percent. This is a 7.58 percent increase over earnings of $0.66 per share from the same period last year.  The company reported quarterly sales of $110.695 million which beat the analyst consensus estimate of $110.512 million by 0.17 percent.  This is a 2.73 percent increase over sales of $107.754 million the same period last year.</p>


American Assets Trust Q1 2024 FFO $0.71 Beats $0.66 Estimate, Sales $110.695M Beat $110.512M Estimate

Press Releases

American Assets Trust, Inc. Reports First Quarter 2024 Financial Results

American Assets Trust, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call Information

American Assets Trust, Inc. Reports Second Quarter 2024 Financial Results

American Assets Trust, Inc. Announces Pricing of $525 Million of 6.150% Senior Unsecured Notes Due 2034

American Assets Trust, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call Information

American Assets Trust, Inc. Reports Third Quarter 2024 Financial Results

KBW Announces Index Rebalancing for Fourth-Quarter 2024

American Assets Trust, Inc. Announces Fourth Quarter and Year-End 2024 Earnings Release Date and Conference Call Information

Dividends

General

American Assets Trust, Inc. Releases Tax Status of 2024 Distributions

American Assets Trust, Inc. Reports Fourth Quarter and Year End 2024 Financial Results

ACRE

ARES

CFFN

CGBD

CHCT

CION

CLPR

CSWC

EEFT

EGBN

FFIC

GWRE

HOOD

IBKR

KREF

KRNY

MAIN

NMFC

NXDT

PAYO

PFLT

PKST

PSEC

QTWO

RELY

RWAY

SEIC

SITC

TPVG

TRTX

UPST

VIRT

Armada Hoffler Properties, Inc. Common Stock

Armada Hoffler Properties

Alexander & Baldwin, Inc. Common Stock REIT Holding Company

Alexander & Baldwin

Broadstone Net Lease

CTO Realty Growth

Essential Properties Realty Trust, Inc. Common Stock

Essential Properties

Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests

Empire State Realty OP

Empire State Realty Trust, Inc. Class A Common Stock

Empire State Realty Trust

Empire State Realty OP, L.P. Series 250 Operating Partnership Units Representing Limited Partnership Interests

Comments

American Assets Trust

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga