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AAT · American Assets Trust, Inc.

Track AAT — free
$21.70 +0.20 (+0.93%) At close · Nov 13
Market Cap
$1.33B
Shares
61.40M
Volume · Nov 13 240.22K Avg daily vol (3M) 432.23K

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$21.70 Open$21.59 Day$21.48–21.74 52W close$17.76–25.85 Avg vol 30d386K Short int1.4M · 2.3% of shares · 3.2d Short vol59% Last earningsOct 28, 2026 DataJan 2020–Nov 2026 Filing10-Q · Oct 30

Up next

Feb 3, 2027 Est · unconfirmed · in 11 wks

Latest documents

2026
Oct 30
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Property operating income reaches $71.1 million

American Assets Trust, Inc. reported property operating income of $71.1 million for the three months ended September 30, 2026, up $4.9 million from $66.3 million for the three months ended September 30, 2025.

Revenue $114.28M ▲ 4.3% Net income $10.02M ▲ 69.2% Diluted EPS $0.13 ▲ 85.7%
Read from the MD&A section
2 source passages
References to “we,” “our,” “us” and “our company” refer to American Assets Trust, Inc., a Maryland corporation, together with our consolidated subsidiaries, including American Assets Trust, L.P., a Maryland limited partnership, of which we are the sole general partner and which we refer to in this report as our Operating Partnership. Property operating income increased $4.9 million to $71.1 million for the three months ended September 30, 2026, compared to $66.3 million for the three months ended September 30, 2025. Open the document at this passage
Oct 28
Earnings call
Q3 2026 earnings call

American Assets Trust reported third-quarter FFO of 56 cents per diluted share, raised full-year 2026 FFO guidance to $2.04 to $2.10, reported 8.3% same-store cash NOI growth, and declared a $0.34 per share quarterly dividend.

Oct 27
Current report 8-K
Financial results, Regulation FD disclosure

American Assets Trust, Inc. reported third-quarter net income available to common stockholders of $7.7 million and FFO of $0.56 per diluted share, with same-store cash NOI up 8.3%; it increased 2026 FFO guidance to $2.04 to $2.10 per share from $1.96 to $2.10.

Read from the first part of this long document
Jul 31
Quarterly report 10-Q FY2026 Q2, ended Jun 30
Quarterly report for FY2026 Q2 AI summary on its way
Revenue $109.48M ▲ 1.4% Net income $6.79M ▼ 4.6% Diluted EPS $0.09 ▲ unchanged
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$444.44M
Trailing 12 months
Net income (TTM)
$26.70M
Trailing 12 months
Revenue growth YoY
+4.3%
Year over year
Operating margin
23.6%
Trailing 12 months
P / FFO
8.5×
Company-stated · TTM · reciprocal yield 11.8%
P / E (TTM)
62.0
Trailing earnings · reciprocal yield 1.6%
Return on invested capital
—
Trailing 12 months
Net cash
−$1.57B
Latest balance sheet
Dividend yield
6.3%
Trailing 12 months
Shares change YoY
+0.2%
Year over year · more shares
Price change (1Y)
+13.3%
Trailing year
Short interest
2.3%
Latest settlement · 3.2 days to cover
View all 129 metrics

AI Brief

Q3 FY26 earnings call · Oct 28, 2026
Q3 FY26

TL;DR. AAT reported stronger Q3 FFO and same-store cash NOI, raised 2026 FFO guidance, and improved office occupancy, though refinancing costs, leverage, weaker dividend coverage, and unexecuted office leasing remain risks. Nine-month net income declined, while the hotel benefited from higher occupancy amid a softer tourism environment.

Bullish
  • + Q3 FFO increased to $0.56 per diluted share from $0.49 in the prior-year quarter. new
  • + Management raised 2026 FFO guidance to $2.04-$2.10 per diluted share, increasing the midpoint by $0.04. new
  • + Same-store cash NOI increased 8.3% in Q3 and 2.3% year to date, with underlying Q3 growth of 5.1%. new
  • + Office leased status improved to 85.8% from 81.9% a year earlier, and Q3 comparable office leases generated 2.1% cash and 8.2% straight-line rent spreads. new
  • + Retail leasing generated 7.4% cash and 16.8% straight-line comparable rent spreads, and retail and multifamily achieved record average rental rates. new
Bearish
  • − Borrowing costs are expected to increase as the March 2027 maturity is refinanced and the term-loan swap expires in January. new
  • − Net debt to EBITDA remained above the company’s target at 6.4 times on a quarterly annualized basis and 6.9 times on a trailing 12-month basis.
  • − The hotel faced a softer tourism environment, uneven visitor demand, and rate competition. new
  • − Nine-month net income declined by $43.6 million, primarily due to the prior-year property-sale gain, higher interest expense, lower occupancy, and increased rental expenses. new

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Buy Momentum Weak Sentiment Bullish Fundamentals Poor Quant / Vol Low
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Buy
50 / 200-day cross Death cross
Price vs 200-day avg +0%
above
Price vs 50-day avg +1%
above
RSI (14) 52
neutral
MACD trend Positive
52-week position 49%
mid-range
Momentum
relative strength
Weak
1-month return +2%
trailing
6-month return −3%
trailing
YTD return +15%
this year
Relative strength −4%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) Death cross
50d $22 › 200d $22 — 200d above 50d
Institutional flow Accumulating
211 of 244 funds reported for Sep 30 · net +296.5K sh shares · +24 new
Insider flow Accumulating
Net +$11.5M over 90 days · 0% sells
Short interest Falling
2.31% of shares out · ▼ -19.1% MoM · 3.2 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
244 holders — near 3-yr high, broad support
Squeeze score 43
elevated · 0–100
Fundamentals
Poor
Revenue growth −5%
Y/Y
Gross margin 61%
contracting
EPS growth −2%
Y/Y
Valuation P/E 62
rich
Balance sheet $1.6B
net debt
Quant / Vol
risk profile
Low
Volatility 22%
annualized · 1-yr
Max drawdown −21%
past year
ATR 2.3%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the Earnings Call filed Oct 28, 2026
full year, 2026
FFO per diluted share $2.04 – $2.10
FFO guidance range Non-GAAP $2.04 – $2.10
ending 2026
Office portfolio leased 84% – 86%
Previous outlook earlier release · from the Earnings Call filed Jul 29, 2026

Still-open targets the latest release did not restate under the same label.

FFO per diluted share · full-year 2026 $1.96 – $2.10
FFO per diluted share · full-year $1.96 – $2.10

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
1 · 2 · 3
50 / 200-day cross
Death cross Bearish
Price vs 200-day avg
+0% Bullish
Price vs 50-day avg
+1% Bullish
RSI (14)
52 Neutral
MACD trend
Positive Bullish
52-week position
49% Neutral
Market signals — smart money & positioning
Bullish · 4 of 6
Trend (MA cross) Death cross
50d $22 › 200d $22 — 200d above 50d
Institutional flow Accumulating
211 of 244 funds reported for Sep 30 · net +296.5K sh shares · +24 new
Insider flow Accumulating
Net +$11.5M over 90 days · 0% sells
Short interest Falling
2.31% of shares out · ▼ -19.1% MoM · 3.2 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
244 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $18 Now $22 · 49% Range high $26
vs 200-day avg +0% vs 50-day avg +1% 50-day below 200-day death cross

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Capital Expenditures (total) 26.44M the three months ended June 30, 2026 filing —
Capital Expenditures - Office 22.64M the three months ended June 30, 2026 filing —
FFO attributable to common stock and units non-GAAP 39.29M the three months ended June 30, 2026 filing —
FFO per diluted share/unit non-GAAP $0.51 the three months ended June 30, 2026 filing —
Funds from operations non-GAAP 39.5M the three months ended June 30, 2026 filing —
Hotel average occupancy 90.5% the three months ended June 30, 2026 filing —
Hotel revenue per available room $308 the three months ended June 30, 2026 filing —
Multifamily average monthly base rent $2,796 the three months ended June 30, 2026 filing —
Multifamily average occupancy 89.3% the three months ended June 30, 2026 filing —
Net operating income non-GAAP 67.92M the three months ended June 30, 2026 filing —
Office average rental rate increase on comparable leases - cash basis 9.1% the three months ended June 30, 2026 filing —
Office average rental rate increase on comparable leases - GAAP basis 10.2% the three months ended June 30, 2026 filing —
Office comparable space leases square feet 75,416 the three months ended June 30, 2026 filing —
Office leased square feet signed 109,715 the three months ended June 30, 2026 filing —
Office leases signed 14 the three months ended June 30, 2026 filing —
Retail average rental rate increase on comparable leases - cash basis 3% the three months ended June 30, 2026 filing —
Retail average rental rate increase on comparable leases - GAAP basis 20.2% the three months ended June 30, 2026 filing —
Retail leased square feet signed 138,993 the three months ended June 30, 2026 filing —
Retail leases signed 20 the three months ended June 30, 2026 filing —
Same-Store properties 31 the three months ended June 30, 2026 filing —
Total segments’ profit 67.92M the three months ended June 30, 2026 filing —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

REIT - Diversified — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
AAT
American Assets Trust, Inc.
this stock
$1.33B +14.6% -4.7% 62.0 2.3%
VICI
Vici Properties Inc.
$27.54B -11.1% +4.1% 11.5 2.7%
WPC
W. P. Carey Inc.
$15.11B +2.0% +8.4% 23.2 3.9%
BNL
Broadstone Net Lease, Inc.
$3.38B +1.3% +5.2% 23.2 10.6%
GNL
Global Net Lease, Inc.
$1.47B -23.5% -13.1% — 6.5%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
251
% held
93.8%
Reported
211 of 244
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
264
View
Short & Settlement
Short Interest Falling
Shares short
1.4M
Days to cover
3.2d
Change
-335.0K sh
View
Short Volume
Short vol %
59%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
79
Value
$1.7K
As of
Oct 13, 2026
View
Off-Exchange
Off-exchange %
38.7%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net buying
Net (90d)
+$11.5M
Buyers / Sellers
1 / 0
Buyers Sellers
View
Congressional Trades Sell
Member
Daniel Goldman
Amount
$1.0K–$15.0K
Traded
Apr 10, 2023
View
Financials
Financials
Revenue (FY)
$436.2M
Net income (FY)
$27.7M
EPS diluted
$0.92
View
Filings
SEC Filings
Latest
10-Q
Filed
Oct 30, 2026
This year
15

American Assets Trust, Inc. reported property operating income of $71.1 million for the three months ended September 30, 2026, up $4.9 million from $66.3 million for the three months ended September 30, 2025.

View
Proposed Sales
Value
$296.9K
Shares
12.1K
Filed
Jun 24, 2026
View
Earnings & Events
Webcasts
Last webcast
Oct 28, 2026
View
Investor Relations
Latest news
American Assets Trust, Inc. Repor…
Published
Oct 27, 2026
View

Performance

5D 20D 120D MTD YTD
AAT +0.8% +2.0% -3.1% -0.7% +14.6%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY -1.8% +3.1% -3.6% -0.6% +4.0%

Capital returns

Latest dividend
$0.34 / share · ex Sep 3, 2026
Declared · upcoming
$0.34 / share · ex Dec 10, 2026
Raised 1.5%
Paid (TTM)
$1.36 / share · 4 payouts
Dividend yield (TTM, derived)
6.27%
Full dividend history

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1500217 CUSIP 024013104 13F (30d) 188 filings 173 filers Visit website Investor relations