American Assets Trust (AAT) Scheduled to Post Earnings on Tuesday

American Assets Trust (NYSE:AAT) is scheduled to be announcing its earnings results after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.60 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

American Assets Trust Stock Performance

AAT opened at $21.23 on Monday. American Assets Trust has a 12-month low of $17.06 and a 12-month high of $23.92. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 25.27 and a beta of 1.26. The business has a 50 day moving average of $21.24 and a 200-day moving average of $21.10. The company has a quick ratio of 2.93, a current ratio of 2.93 and a debt-to-equity ratio of 1.47.

American Assets Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were paid a dividend of $0.335 per share. The ex-dividend date was Wednesday, March 6th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 6.31%. This is a positive change from American Assets Trust’s previous quarterly dividend of $0.33. American Assets Trust’s dividend payout ratio (DPR) is 159.52%.

Analyst Upgrades and Downgrades

Separately, Mizuho lowered their target price on American Assets Trust from $23.00 to $22.00 and set a “neutral” rating on the stock in a research note on Friday, February 23rd.

American Assets Trust Company Profile

American Assets Trust, Inc is a full service, vertically integrated and self-administered real estate investment trust ("REIT"), headquartered in San Diego, California. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii.