AAT · American Assets Trust, Inc.
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Jul 29, 2026TL;DR. American Assets Trust reported Q2 2026 FFO of $0.51 per diluted share, reaffirmed its full-year 2026 FFO guidance of $1.96–$2.10 (midpoint $2.03), and highlighted ~$0.29 of embedded FFO upside from office lease-up, while same-store cash NOI rose 0.3% (1.3% excluding a one-time office tenant reserve) and record average rents were achieved across all three segments.
- + $0.29 of embedded FFO upside from office lease-up (Tower 3, One Beach, Suburban Bellevue), with $0.14 already from signed leases.
- + Achieved record average base rents across office, retail, and multifamily in Q2.
- + Recast and extended credit facility in April 2026, upsizing revolver to $500M and extending maturities to April 2030, providing liquidity of ~$610M with no debt maturities until March 2027.
- − Net debt to EBITDA of 6.7x (quarterly annualized) and 6.9x trailing 12-month remains well above the long-term target of 5.5x.
- − Retail same-store cash NOI declined 0.4% in Q2 due to absence of a prior-year one-time real estate tax refund.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
REIT - Diversified — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
AAT
this stock
American Assets Trust, Inc.
|
$1.32B | +12.3% | -4.7% | 74.4 | 3.1% |
|
VICI
Vici Properties Inc.
|
$25.89B | -18.3% | +4.1% | 9.1 | 2.4% |
|
WPC
W. P. Carey Inc.
|
$15.06B | +0.4% | +8.4% | 23.1 | 3.6% |
|
BNL
Broadstone Net Lease, Inc.
|
$3.62B | +6.5% | +5.2% | 24.8 | 10.5% |
|
GNL
Global Net Lease, Inc.
|
$1.80B | -4.0% | -13.1% | — | 6.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| AAT | -1.1% | -5.1% | +10.4% | -5.3% | +12.3% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -0.4% | -5.2% | -1.7% | -4.8% | +0.5% |
Capital returns
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.