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

American Assets Trust (NYSE:AAT) is scheduled to release its earnings data after the market closes on Tuesday, April 30th. Analysts expect American Assets Trust to post earnings of $0.60 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

American Assets Trust Trading Down 0.0 %

Shares of AAT opened at $21.23 on Monday. American Assets Trust has a 1-year low of $17.06 and a 1-year high of $23.92. The company has a 50-day moving average of $21.24 and a 200 day moving average of $21.10. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 25.27 and a beta of 1.26. The company has a debt-to-equity ratio of 1.47, a current ratio of 2.93 and a quick ratio of 2.93.

American Assets Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were issued a $0.335 dividend. The ex-dividend date was Wednesday, March 6th. This represents a $1.34 annualized dividend 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 payout ratio is currently 159.52%.

Analysts Set New Price Targets

Separately, Mizuho reduced their price target on shares of American Assets Trust from $23.00 to $22.00 and set a “neutral” rating for the company in a report on Friday, February 23rd.

About American Assets Trust

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.